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manotrade28
Apr 19, 2020 5:05 PM

Nifty Neutral to Bearish for 20th April(INTRADAY)  

Nifty 50 IndexNSE

Description

Nifty Bullish in higher Timeframe,
But only for 20th April, The view is Neutral to Bearish. Check the Trajectory for taking the entries for the day and plan accordingly.
It will become very bullish if breaks the levels as given on the chart.
The Chart has all the levels.
Cheers!!
Keep watching for latest updates on the below link.
Nifty:
in.tradingview.com/chart/H17pzSY2/
Bank nifty:
in.tradingview.com/chart/oTYQrS72/

Comment

Stocks In RADAR:

1.Exideind Buy(174.5) Target 151
2.BharatForge Buy (If Gap Down Buy price should be 261-266, If gaps up buy price should be 284-285) Target 310
3.DLF Sell below 135.5 Target 128
Additionally keep an eye on stocks
ICICI, INDUSIND, HDFC Bank,MARUTI, VEDL Buy Side

Make sure you choose the stocks for buy or sell in accordance to Nifty,BN

Comment

ExideInd one Typo was there it was supposed to be 144.5, Sorry for the inconvenience. Anyhow target is reached.
Comments
Rajeevsharma5
bhai good analysis
manotrade28
Guys if you see the analysis please like comment and share with others, It will give encouragement to me to share my thoughts and others not to loose money. Thank You.
Niftytraderkih
@manotrade28, nice analysis...
FeeldeX
But hasn't the wedge narrowed even further on the upside after today's move?
manotrade28
@FeeldeX, yes it has and broken down as well, 21st Apr open will decide the move now.
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