Considering the expiry and price trading at ATH zone, it is advisable to wait for clear direction of the market, if we need to get breakout then price is most likely to consolidate before the resistance.
A few days ago this is what we had posted...
Weekly closing above 18060 and Nifty would make a move towards 18400
Nifty closed that week at 18069 and the rest you can go in the chart above and hit the play button and see for yourself how Nifty moved.
What next ...???
Overall Put Call Ratio 0.82. Market might look to bounce back from Oversold conditions
Open...
Short Broken trend upside.if price goes down again
below 43611 , then downtrend may again continue.
and if price goes above 43870 then it may again enter
in long trend.
Nas100 has a huge potential of coming down and rally up, if the support hold the price well. Remember to use a proper risk management, be safe, Lets Download Success
DEEPAKNTR is trying to break out the resistance zone of 1980 and volumes are looking good.
it is looks good to buy above 1985 SL 1965 (20 points) Target 2007,2037,2063,2086
Risk to reward would be 1:3 to 1:5
hi traders in this bank nifty analysis you can it formed rising wedge pattern and price already breakout of this level. we can look for short positions.
Downtrend continues on us oil
looking for marked zone for sell
condition for sell
* when touched poi zone change timeframe to 1 min then wait for choch and idm taken.
if not understand dm me
Nifty is on correction path on a uptrend for the last 2 trading sessions. from the last low of 16828 in march 23, the 1st phase of rally was till 17842 ( rally of about 1000 points) we saw a pull back there after till 17553 (about 300 points). if we plot fib retracement then this form about the 0.618 level of the rally. the next phase of rally was from 17553 to...
The stock is at a zone from which it has got multiple rejections in past. if the stock gives closure above 3910 on daily time frame, buy with sl at 3825 for targets 4085/4310. closure above 3910 can be considered as range break out. wait for retest to enter. R/R seems favourable
Added to my watchlist
Banknifty is forming a double bottom (W pattern). Will it break the level of 44132 and break the all-time high? Special about expiry
Buy above 43782(43700 CE) Target 4385, 44005,44132
Sell below 43465 (43500 PE) Target 43333,43186,43033
Banknifty forming double top(M pattern)
Buy above 44005(39900 CE) Target 44132, 44282, 44395,44468
Sell below 43814 (43900 PE) Target 43691,43579,43465.
if banknifty opens a gap up it can open at 44044
If banknifty opens gap down then it can 43784
most probability is banknifty might open flat and possibility it can go up to 43691 level and take support from there.
Fin nifty is forming a head and shoulders pattern and it can go up to 19277 as par the pattern. Better to be neutral and trade with the market direction.
BUY Above 19480(FINNIFTY 19400 CE) Target 19540,19627,19692
SELL Below 19373 (FINNIFTY 19300 PE) Target 19336,19297,19256
here i draw parallel upside channel on sun pharma chart but you can notice it's given downside breakout.
when breakout is on bigger time frame its more relevant or trustworthy same mankind stocks news is in market that time its ready to go down.
i am looking for bearish sentiments on chart.
Sun Pharmaceutical Industries Limited, commonly known as Sun Pharma, is...
