Everything in chart Educational only For my personal observation.
Read the chart....
Hope will continue the fall till 2575-80..
TGT 20000 SL 13000 Educational For my personal observation.
VIEW ON KOTAK MAHINDRA BANK :-THE RANGE IS NARROWING DAY BY DAY :-CONFIRMING POLE FLAG PATTERN :-POLE FLAG PATTERN IS A CONTINUATION PATTERN :-I.E WE EXPECTING A BREAK ON THE UPSIDE :-DIVERGENCE VISIBLE IN THE CHART :-WAIT AND WATCH APPROACH :-TRADE WILL BE TAKEN FOR SHORT-TERM,MOMENTUM AND POSITIONAL AS WELL :-ONCE LEVELS ARE TAKEN I WILL SHARE THE UPDATE
I can see 786 as intraday target
NIFTY-PHARMA TREND REVERSAL TIME BETWEEN 7200 TO 6750
Escorts-Buy Current market price: Rs . 653.45 Stop loss : Rs . 634.90 Target : Rs . 748.80 Risk Reward: 1:5.14 On daily chart there is strong support, buying momentum increases and pullback is weak. Above mention idea is educational purposes only.
The chart has highs and lows of first 15 min. candle marked for a few trading days, and backtest results of trades taken on breaking of these levels in either direction. A friend has told me about this system, I decided to back test out of curiosity, surprisingly it works. The system gave 100+ points on Bank nifty on 9 out of 11 days. I believe, if we use...
Bank Nifty still has room on upside. Triangle formation on hourly chart, IF HDFC Bank starts moving tomorrow Bank Nifty is a buy. KOTAK / ICICI Bank are in downtrend. SBIN And Axis have just broken out of range. Most importantly HDFC Bank has to come out of the range to perform and uplift Bank Nifty.
Nifty is now under consolidation area and all levels are marked on the chart. Educational purposes. Non-advisory, discretional.
Triangle Formation on Nifty. Any pullback to 11800 levels should be bought. NIFTY IT is pulling up should support nifty with this push. Bank nifty should support in this endeavor as well. With whole market breadth so positive it is the best time to create a long. Levels mentioned in the chart.