EICHER MOTOTRS- INVERSE FLAG & POLE potentially forming. Short only below mentioned level. Also, moving in a channel and can also take a support and move upwards. But as a market is bearish it can break down.
SBI crucial support at 385 weekly close below 385 will take stock to 355 levels be careful, if anyone has position Disclaimer- We are not SEBI registered advisor. Charts and views are only for educational purpose.
Since Friday, the market has been trending downwards. Today, we seemed to have taken a pause and made an inside candle on the daily chart . Some key points from today's trade were, Bank Nifty closed below the key support of 35,000. There was large PUT open interest @ 35,000 which seemed to reduce drastically towards the end of the day. The market retraced upwards...
Too many bearish signals on Cadila HC. A good short opportunity in sight.
A very simple channel analysis, if the stock break out get into the stock with a target of 1445 and SL at 1310 or if the stock break down get into the stock with target of 1200 and SL at ATH(1390 or 1400). Get into the stock at your own risk it's was just my view on this stock.
Bank nifty has scope to come till the immediate TL support near 33700 levels. Which turns out to be the 50% level of Fibonacci.
Nifty has broken a support area of 14650-700 more bearishness can be seen in coming sessions which could lead the index till 14250. Along with the formation of the lower low pattern.
BATAINDIA READY TO FALL , Making a head and shoulders pattern
Britannia seems like broke down after forming a symmetrical triangle. Breakdown confirmation will be done after 15mins candle closes below 3380. Important levels mentioned on chart.
Hello Fellow Traders, this is my view on ABBOTINDIA STOCK on daily timeframe. We can see that price has broken from the triangle kind of pattern and retested it with a nice buildup and decrease in volume for giving such niche move to downside if trades goes based on our way, rest market is supreme. Everything has mentioned on the chart. Do let me know your...
Last week MCDOWELL_N breakdown its uptrend channel and retrace again its breakdown level. In today's session, it gives a breakdown of its retracement support. After this breakdown expected downside target will be 500 in this stock.
Gave breakdown with Support volumes Going below 2370 is weakness View negates above 2450
MCX gave a retest of Neckline and got Strong rejection with Supporting volumes. Can be Weak below 1550 Levels
As we can see NIFTY50 broken from the ascending triangle and consistently falling. CASE 1. NIFTY is at a major support level if it will break level we might see some more bearish move to downside at 50% fib level and then to another support level CASE 2. NIFTY bounce back from the support level To 14220 level and then above resistance zone Let me know guys...
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