FLAG PATTERN IF LOWER LINE BROKEN ON 1 DAY CANDLE CLOSING BASIS GO SHORT TARGET GIVEN
Has entered into the PRZ (267-261) of a Bullish Harmonic Bat today. A bounce back till 280 and above that 300 is possible if the pattern does not get negated below 255.
Ambuja Cements gives a nice trend line breakout & near to Cup & Handle breakout we can see some good move above 202.40
Ambuja Cements gives a nice trend line breakout & near to Cup & Handle breakoutwe can see some good move above 202.40
Price is at the very important support. Diection will be decided in few days.
WATCH YOUR STEPS TO BUY LONG.
Yes bank after massive rally of 150 % from bottom of channel is consoldating in a trading range. As long as the price remains above 66.75 we can see higher levels. Immediate resistance is seen at 74.70
This study based on Febo Zone Pivot point PP= Pivot Point S1= Support1 S2=Support2 R1=Resistance 1 R2=Resistance2 SB1= Support Bond 1 SB2=Support Bond2 RB1= Resistance Bond1 RB2=Resistance Bond2
Outlook: Bank Nifty Strong Resistance Zone: 31100-31200 Strong Support Zone: 30250-30450 Minor Support Zone: 30600-30800 Bank Nifty is stronger then Nifty. Plan A: Buy on Breakout: If it will sustain above 31100-31200. I will prefer to take a short position. Tgram at jtradingview
Outlook: Nifty Strong Resistance Zone: 12020-12040 String Support Zone: 11800-11820 Minor Support Zone: 11860-11885 Trading Plan A: No Trae Zone: 11820-12000 Trading Plan B: Buy: If it will come to Stong Support Zone: 11800-11820 for the next resistance zones. Trading Plan C: Breakdown Sell: If it will sustain below String Support Zone: 11800-11820 for the target...
NIFTY Weekly is in divergence. RSI currently is at important levels of the falling trendlines of lower highs of rsi also nifty facing resistance at 11980 levels. expect a test of 20 dma atleast soon..