First target is 30 and can go further with trailing SL
Adani ports is now ready for a big move either up or down. If the price breaks the support line, then a fall can be seen and similarly if it breaks the resistance line, we can see a up move until fibo 50% as a target.
M&M testing its resistance multiple times. Volumes have been increasing since the 12th of April. Good buy above 815 level.
Decent RR of 3. Short term idea
SL @ 718.40 Target 1 @ 689.15 Target 2 @ 679.45
Nice 4.5 RR opportunity (i.e. 3.88% profit) potential
About 4.5 RR available i.e. 4% profit
Long opportunity on Glenmark Pharma. Good 4.8 RR possible.
There is an opportunity to short LIC Housing for Daily Income trade for about 3.5RR
nifty at support from several trend , bought nifty based on the multi trend support
#CUP & HANDLE PATTERN FORMED #FOLLOW US FOR DAILY ANALYSIS
NSE:BANKNIFTY strong resitance 33571 if break will retest and move upside if break 33270 will retest nad move downside LETS SEE WHAT HAPPEN
Today will be slightly gap up opening in banknifty. Expected opening near 34400-34500 level. Possible after gap up it will face resistance at 34400-34500 level and take reversal downside towards the 34000 to 33500 level. Upside only possible if it is trading and sustain above 34550 level.