On the downside there is a short term major demand zone @ 8650-8850 and the upper side resistance @ 9100 and supply zone @ 9350-9500. According to the options data max OI in call @ 9500 and max OI chg % in call @ 9300 and max OI in put @ 8000 and max chg % in put @ 8900. According to the options data max OI in call @ 9500 and max OI chg % in call @ 9300...
Short on 18765 in direction of trend
Examples of Doji, Gravestone Doji, DragonFly Doji Examples of Green Marubozu and Red Marubozu
It is attempting a breakout as per Ichimoku in hourly time frame, which also happens to be a weekly resistance. If it manages to give an hourly close above 335 then it could test 370 and above that 425. View would negate below 315
Bajaj Auto head and Shoulder formation 1) Formation on 30 Min Charts 2) Neck Line is at 2400/- 3) If break of Neck of 2400 stock can touch till 2300/- 4) Crucial levels as Nifty Auto is reaching its threshold levels
BOSCH at long term demand zone Keep accumulating the stock at these levels for long term holding Stock can go side ways in short term Hold till it breaks down support Low risk high reward trade NSE:BOSCHLTD
Its good to diversify our portfolio with USA stocks as well, which will give us some edge. To invest in USA we have ETF called Motilal Oswal MOSt Shares NASDAQ-100 ETF(N100) in Indian market which is easy way to get other countries exposure. Best buy N100 at the trend line mentioned in the chart
ALREADY POSTED MONTHLY CHART *IF BREAKS R1 IT WILL GO UP TO R2 *DAILY FIB RETRACING LEVEL 61.8 AS A STRONG RESISTANCE
IF BREAKES R1 THEN WE EXPECTED R2 & FIB RETRACING AREA 61.8% WORKING AS A STRONG RESISTANCE
If IGL Closes above 465 then it can rally upto 480-500 levels.