AM_Tradepicks

02:51

AM_Tradepicks

Hey Guys! AS you can see nifty is moving in a downward channel, and is currently at the resistance. From here we can expect the next fall. The past two days Nifty has been consolidating within a range and is unable to break the range on either side. It tried to break upside multiple times but faced strong resistance, and in the last 30 minutes the bears...

AM_Tradepicks

Get ready for a fall in bank nifty. The strong resistance zone at around 37000 is not broken and the Index is unable to sustain above it. Hence, fall to around 36000 levels can be expected in the next few sessions. Long positions can be initiated only if bank nifty sustains above 37200. Short positions target can be: 36545 36400 36000 Keep SL of 37250. *Only...