JET, WEEKLY price reversed from supply zone, now falling towards demand zone can expect 190-180 soon.
INDUSIND BANK, WEEKLY smells bearish my target 1400
GODREJCP, daily downtrend may go upto 730 (if demand zone is active) then reversal is expected. If demand zone fails there will be a heavy fall.
GODREJCP, weekly downtrend (dow theory) Expecting 600-550 down
NSENG:BERGER seems like it ready to touch the 280-260 level within 1 month.
Kotakbank is going to give a big deeper correction towards 950 levels. I would keep a stoploss at 1360 and short Kotakbank at current levels or if it goes little higher. Happy Trading! Siraj Hudda www.wavetradingacademy.com
BankNifty will give a short term Down Move any time now. One should take short positions on BankNifty with 300 point stoploss for target of 600 points or more. Happy Trading!
Indusindbk Short below 1471 Stop-loss 1490 Target 1406 Risk 1.29% And Reward 4.42% RR Ratio 1: 3.42 Bearish Continuation Pattern Descending Triangles In this “flat-bottom” triangle, the bottom trendline is horizontal and the top trendline slopes downward. The pattern illustrates lows occurring at a constant price level, with highs moving constantly lower.