Today, Bank Nifty opened Gap-Down. Gap-Down opening is expected tomorrow, it seems that the price may take support at the levels of 32380-32450.One can enter at the breakout of the trendline.
LUPIN after falling so much from the top was consolidating near trendline support. And at some point, it also closed below trendline and now it again came above the trendline. So it might show good bullish movement. So it can be good candidate for a swing trade.
Comment down thoughts below.
After the breakout of the consolidation BANK NIFTY has come to retest that level and made a PINBAR candle. So we can expect to see bullishness if it crosses high of the candle.
After opening huge gap up after the results it came back to that level and now it is taking a support. If it breaks the range then it can be very good swing trade.
Comment down your thoughts.
After the breakout of the previous resistance, TATA MOTORS retraced and came back to those levels. And these are acting as a support for TATA MOTORS.
so any bullishness can give us a good target UPSIDE.
comment down below your thoughts.
TATA MOTORS fell very sharply and now it is forming a base at a very strong demand zone. Also, we can see the candles with the wicks. Another point is that the scrappage policy can trigger upside movement in the Auto sector so watch out for the TATA MOTORS.
TCS has given a breakout of a good trendline with a strong move and volume. It can give a good target as IT sector is also looking good.
COMMENT down your views.
After a good uptrend Apollo Tyres was in consolidation which is making a flag and pole pattern. We can see the breakout of this pattern and a very good uptrend. So keep an eye on this stock for a swing trade.
Comment down your thoughts below.
TATA POWER is making a good inverse head and shoulder pattern. It also has given a good closing in 15 min timeframe. So if it continues can give a good intraday target.
Comment down your thoughts.
After a good trending days bank nifty is now moving in the channel and currently it's on the bottom of the channel. So it will be interesting to see the next move.
comment down your view on the market.
After good rally upside nifty consolidated for two days now and making a pole and flag pattern which is same as of BANK NIFTY both were in a good move and the good rally continue after this structure is broken. Please comment down below what do you think about the next move of these index.
DIVIS LAB is making a very good head and shoulder pattern which is right at the support. The resistance was broken earlier now turned into support.
So some bullishness will result in a good trade. So watch out for this one.
COMMENT down below your views on the analysis.
As we can see the stock is under consolidation ahead of its results. So a candle closing above this resistance can give good trade for intraday on the long side.
As we can see in the charts, the price is under consolidation for years.
One can enter when there is a Break out with a good volume.
Until then we will watch patiently and wait for the BO.
> A great trader says, the market is 10% buying, 10 % selling and 80% is watching, observing, collecting information.
Look at this beauty , how wonderfully it has given a BO
We can enter keeping the Stop-Loss below the trend line and can expect at least 20-25%.
> Patience is the key
> Wait for the right entry.
>Enter only when the risk is low.
Weekly breakout with Good volume ... Very good sign for investment in mid to long term investment... Do the pyramiding, intraday traders utilize the movement in the stock and Safe players can enter the trade on retracement with strict SL.....
Note:
1. Views are personal. Recheck and take the trade as per your RR.
2. Always remember SL is your lifeline not the big...
NSE:MPHASIS Can look for trade after triangle pattern breakout... Safe players can enter the trade on retracement with strict SL.....
Note:
1. Views are personal. Recheck and take the trade as per your RR.
2. Always remember SL is your lifeline not the big target...
3. Learn before executing the trade..
4. To learn more about patterns and trading... contact...
![BANKNIFTY: Tuesday's Setup[BankNifty]](https://s3.tradingview.com/y/yBQ9KIIr_mid.png "Tuesday's Setup[BankNifty]")
