Medium term opportunity in Coromandel for >20% upsideHi,
NSE:COROMANDEL has given a Bullish Flag Breakout on Weekly charts with very good volume.
MACD is also on the bullish side on Weekly time frames. RSI is also on the bullish side on daily, weekly and monthly time frames.
In the current market scenario, I am expecting that the bullish momentum will continue.
Complete price projection like entry, stop loss and targets mentioned on the charts for educational purpose.
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Bankniftytradeanalysis
BANK NIFTY 15 MINUTES INTRADAY - BAHAVAN CAPITAL 12.07.2022Bank Nifty Day candle looks bullish but then the below data is strange
FII Net selling 170.10 Cr and DII Net Selling 296.99 cr
This is the first time DII has come into net selling instead of any holdings.
Last three trading sessions indicates DII holdings have begin to reduce.
And today with no holding is to be noted for upcoming trading sessions.
So now every retail investor need to be carefull if you are taking any fresh positions.
Trading levels for 12.07.22
If 35703 is Broken then 35960 is Resistance
If 35372 is Broken then 35042 is Support
Iam anticipating shortly a fall which could take us back us 34032 Level .
So i don't see uptrend for some sessions and a correction will happen again...
I will update you levels during the trading sessions.
Happy Profitable Trading....