After making a high around 11080 levels on Thursday, Nifty NSE:NIFTY witnessed heavy selling pressure and could not hold on to 11000 levels. I can see an Evening Star like formation here with a large Bearish candle. Sold 11100 calls in the morning as soon as it broke 11000. There are multiple supports around 10900 and 10700 levels. However, I think call...
TGT-1:2300, TGT-2:2200, SL: 2375 $2 Bn Market Oppurtunity in Danger! 2400: High CE OI 2300: Highest addition in OI Short Buildup possible in next session
Today Nifty NSE:NIFTY broke the crucial support at 10488 levels with a large Bearish candle. It is possible that new shorts may have been initiated by big players on the break of this support (As the stop loss is very small giving a good Risk Reward ratio). This level can now act as a potential resistance if any short covering rally occurs. Staying below...
Today Banknifty NSE:BANKNIFTY broke the crucial support around 26000 levels with a Bearish candle whose close was almost at the low of the candle. With PSU banks’ results (SBI NSE:SBIN , Bank of Baroda NSE:BANKBARODA ) lined up in the coming week, looks like the selloff in banknifty will continue. If Banknifty continues to stay below 26000 levels, we might...
Pls see the chart. Double top formation going on in 1 hr chart based on double top 1060 is support level. Based on triangle, support line mentioned in chart. Choose which one is prefer to you. Both breakdown gives the same target. Vijayaraghavan, Kovilpatti.
Bandbollinger lower band breakdown and indicators are weak in daily and weekly chart. These helps to reach the target range. Vijayaraghavan, Kovilpatti.
Federal bank looks weak after reached the head and shoulder target. Support 91 is strong. if it breakdown, it may go around 84 range. It may take few weeks or upcoming week. indicators are in bearish mode only so it helps to breakdown the support level. Stoploss: Stright line mentioned in chart keep that on closing basis Vijayaraghavan, Kovilpatti.
Head and shoulder and triangle breakdown happened and these two pattern shows the same target ranget between 488-498. Indicators also weak on this. Vijayaraghavan, Kovilpatti.
Indicators are turns to bearish mode and triangle breakdown happened. So it may reach the targets in med term Vijayaraghavan, Kovilpatti.
Indicators are slowly turns to bearish side from bullish. One can expect up to 280 range. Stoploss: above 357(closing basis) Vijayaraghavan, Kovilpatti.
In weekly, price broke horizontal support, then it bounced back to retest the broken support, which is acting as a resistance now. also price is at descending channel resistance. also double top pattern confirmed here, it can slide down to 670, 640, 560 levels.
Everything mentioned on chart...
Everything mentioned over chart...
Voltas cash weak only below 556 SL 564 TGT 550.5/543 (Cmp 561.8)
Notes on the chart. Hit like if this information is useful. Trade Safe, Be healthy. Regards Bravetotrade
Everything mentioned on chart... Note : Do your own analysis before making any position....
If we cud have been earlier might have caught that flag breakout, well we missed it ! Not a prob, another setup in formation, lets see how that goes !
We never know whether the support is taken & infy revives to upside or not, only after it happens we will know that. But our trade plan is if at all the support breaks lets try short on Infy towards 930's