techD_007

techD_007

This is a positional view for the month of FEB-MARCH (except if war happens) 16526 is a major support pivot level, if bears book profit, short-covering can be seen till 16950-80 levels. P.S. Your loss is your loss, none of my loss. Trade at your own risk.

techD_007

Your risk is your risk, none of my risk. REC LTD forming inverted H&S pattern, breaking 141 upsides will yield targets of 143, 145, 150,155. If it closes below today's close, short positional for 135, 125, 115.

techD_007 Updated 

There is a possibility of ICICIPRULI gapping up and falling on results. Positionally it is creating an Inverse Head & Shoulder Pattern on the daily chart, expect a break out around the budget. Could create candles like 19-20 Oct in short term . See other studies done in the past, this could be 4/4. Leave a like if you find it interesting.

techD_007 Updated 

Nifty has reversed from its long-term support levels and has been overstretched ever since. Positionally, NIFTY is in a BULLISH pre-budget rally and on its way to retest/break an all-time high again. Since reversal nifty climbed 790 points and went sideways for a few. Since FII is buying in cash another 790 point rally targets 18100 zones which can be a good...

techD_007

Bank Nifty has a broken boxed area and is trading near a long-term support area. 1. Possible false breakdown may be shown for negative bias as shown in the chart. 2. Possible to take support from long-term channel support and get stuck in box range again. If takes support from channel support, a quick breakout towards upside may be seen (unlikely). If breaks...

techD_007 Updated 

CUMMINS IND is forming an inverted head and shoulder pattern on a daily time frame. could be played short-term for the neck, risky players can wait for neck breakout for targets up to 1120. Zone 800-820 is a good support zone. Entry here would be ideal.