BANK NIFTY has UPPER BREAKOUT placed at 28270 followed by some profit booking at 28360 followed by INTERIM RESISTANCE placed at 28570 followed by FINAL RESISTANCE ZONE around 28700, On the Lower Band, LOWER BREAKOUT is placed at 28060, followed by some profit booking at 28880 followed by INTERIM SUPPORT placed at 28680, followed by FINAL SUPPORT around 27530,...
AXIS BANK: After the trendline breakout in July the stock has given a good downward movement & has clearly taken a support around 61.80% Fibo Retracement. I expect this pullback to continue this week & the stock will try to fill the gap. Thus, a pullback upto 700 – 708 range can be expected. But in my view this might be a Dead Cat Bounce (DCB) & soon we might see...
GOLD chart as it appears is a classic case of Symmetrical Triangle Breakout Up. It has given a breakout in the month of June 2019 & as per expectations is trading upwards since then. The volume at breakout was not significant but is slowly picking up pace. Though a throwback upto $1300 in short term cannot be ruled as the RSI & Stochastic have entered overbought...
STOP LOSS 1020
IF DIPS TO 1050 , GOOD PRICE TO BUY
LOOK FOR 1115 ,1145, 1185 AND 1300
SAFER SIDE 998 CAN ALSO BE STOP LOSS ,THOSE WHO WANT TO PLAY LONG TERM.
IT GOT HUGE SUPPORT AROUND THIS AREA.
Disclaimer: All posts/views are for educational purpose only..!!
Kindly contact financial advisor before taking position/decision.
wait for nifty to come up . one can short at 11300 and stop loss 11330 for the target of 11050 and 10870.
or risky trade can look for short at cmp and stop loss 11150 .
11300 will very problomatic area for bulls
nifty should hold 10800 , otherwise it can slide to 10600.
if 10600 breaks than 9900
Disclaimer: All posts/views are for educational purpose only..!!...
APPOLOTYRE has just started the upper momentum from a continous day downfall from higher levels, APOLLOTYRE must face first INTERIM RESISTANCE at 166 followed by the FINAL RESISTANCE at 176 on the other hand the INTERIM SUPPORT is placed at 153.70 followed by the FINAL SUPPORT placed at 144. Please trade cautiously and consult your financial adviser before...
BPCL is currently trading between the resistance and support trendline,and is expected to breakon either side for a good move, as BPCL gave a good upmove, the breakdown level for BPCL is placed at 339, followed by the INTERIM SUPPORT placed at 334, followed by the FINAL SUPPORT placed at 329, on the upper band BPCL has INTERIM RESISTANCE AT 348, followed by the...
In Coming Weeks Bank Nifty is expect to Fall in up to 28750.. Since this is 2 hrs time frame.
previously i also posted this.. this updated of the previous one.
Target will reach minimum 1 Week to 2 Weeks.
Target is 28750...
Lets see in coming week..
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Power Grid formed Symmetric Triangle pattern.. This is formed in uptrend. As per the rule this will break out and move upward.
Buy Entry - 208.8
Stop Loss - 205.75
Target - 217.00
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Infosys has broken out of a long consolidation range and further we could look at a trendline resistance cracked. Daily candles have been solid for past couple of days. Noticeably, breakout candle had massive volume. These factors advocate strong bullish bias. Potential magnitude of upward movement can be derived from the depth of the consolidation which suggests...