Indusindbk if failed to close above 1010 then below 990 closing basis tgt 920 sl 1012
If Tomorrow market opens flat and taking support 16588 and form a strong green candle go long for 50 -60 Points OR If Market opens Gap Up above 16645 and forms strong green candle go long. Or open gap up on 16645 and faces resistance and taking support on today high then go long If Market Open Gap Down then above 16690 and form green candle go long or level breaks...
NSE:APOLLOTYRE APOLLOTYRE which was Trading in a down channel has gone bearish and gave a breakout on downside of the channel below 207.5 the stock has high chances to fall till 200 and if 200 breaks which has most PUT writing then more fall is expected Currently Selling pressure in Major indices and fear mood of market would Help us going short on it. Also...
Market has shown its bearish side and it's the time for the bears to take over. Target is 108.00 as per my calculation but you can book partial profits and use trailing Stoploss or trail manually.
parallel channel movement in last 3 yr shows bearish trend. If 60 is broken on weekly basis with strength then be open to see 34-30 levels
Bears are trying their best to pull market back to the correction, as we had seen a great jump in the asset in past few days; Now it's the time to bring back the market for correction. 1.2100 is the expected target but the traders can do the partial booking before also and use a trailing stoploss if possible or trail it manually.
#Britannia next harmonic PRZ-3977 CMP:3895.95 @21 August 2021
head and shoulders breakout patterned happened entry and exit points marked on chart
Formed a Bearish flag , the opportunity for sell is very high
Bank nifty has space to fall till 24300-400 range in the daily chart now. Channel pattern lower TL might be retested in the next few sessions.
Since making a panic bottom in March 2020, Indian Markets, along with rest of the globe, have rallied in an impulsive fashion. The entire up move can be plotted as a five wave impulsive structure. The wave counts here also coincide with the prevailing social mood and the level of broader participation which has progressively increased with every successive up...
As we can see the channel pattern has broken down with a huge red candle. Which shows a weakness in the script. The price may go up for a Re-test(620-630 zone) and then the price may fall as expected. Entry Price =625-630 SL= 639.80 REWARD=490 (at least 18%) PS: This is just for educational purposes. If any doubt, feel free to reach.
Bad results - 2 support level broken - Price falling with heavy volume - stop-loss of 735
NSE:AXISBANK Entry should be initiated after the close of hourly bar below the yellow trendline. Targets and SL mentioned on the chart.
From the highs of 1125 made in june 2021 , stock had given a fall to 984 levels & then rebound in a choppy manner to the level of 1080. Right from there we have seen an impulsive fall & stock has broken the support zone of 1000. This level will act as resistance & stock will likely to fall further and will reach to the zone of 940-20 again. One should short...
- There is RSI divergence on weekly time frame - Also on the same time frame there seems to be formation of a Rising Wedge Pattern - The "horizontal" trendlines and the box can assumed to be key support levels before further movement
Forming a bearish triangle pattern on 15mins chart. Keep on watchlist for next day. Disclaimer: This is my own analysis and not a recommendation. Plz do your own analysis before trading.
RBL bank has formed a Bearish H&S pattern. Neckline breakdown would confirm further fall from here.