BankNifty (Bearish Wolfe Wave)Pattern is activated. Expected a pull-up till 40600 and forming double top before falling. Target till previous gap (39400-39500).
Bearishsetup
NIFTY BEARISH VIEWnifty is looking weak the reason are mentioned above why i am bearish this analysis only for educational purpose
Adani Ent - Consolidation Downside Breakout Observed that the price action breaks out from the consolidation zone of 145-135 levels and closed below it, indicating further weakness ahead. The price action may further dip down to the 130, 125 levels to also fill up the big gap on the chart too.
T1- 130
T2-125
SL-139
Ashok leyland Agressive Short and long set up this is a set up only for experienced traders, All indications point for a Medium term bullish trend in Ashok Leyland, but i always play with 2 way strategy on any stock i trade. My first set up is bearish set up at CMP stop Loss 130, Buy back price - 116, At 116 i will buy back double and have a stop loss for 115, and then exit partial trade at 130, and then continue with holding till the trend changes. Let me know if you have any doubts
