NIFTY IT: WEEK-TECH-SHEET->12th August 2019 to 16th August 2019
NIFTY IT moves around -583.85 pips from 12th August 2019 to 16th August 2019, in which nifty IT break last week 05th August 2019 to 09th August 2019 bottom 15312.55.
BANK NIFTY: WEEK-TECH-SHEET->12th August 2019 to 16th August 2019
Bank nifty moves around -675.35 pips from 12th August 2019 to 16th August 2019, in which bank nifty did not break last week 05th August 2019 to 09th August 2019 top nor bottom.
NIFTY 50: WEEK-TECH-SHEET->12th August 2019 to 16th August 2019
Nifty 50 moves around -244.30 pips from 12th August 2019 to 16th August 2019, in which nifty 50 did not break last week 05th August 2019 to 09th August 2019 top nor bottom.
Check my telegram,told that SBIN would come to 300 and even gave call of 300 PE AUG at Rs1.70 and today it is more than 11, If you don't believe me just go and check in telegram. Search on telegram for OPTIONSCALLFREE
SBIN has good support around 279 and on upper band interim resistance is 314. Expecting a bounce in SBIN or else it could take SBIN down to 280...
If you remember, NIFTY exact follow our levels in the last post: CLICK here to see.
This daily chart research has plotted few days before with (b) wave and let see (c) very soon.
We are going to see sellers above the value high as an excess 6.
From the 15min chart, we can find small value area for intraday support 11910...
When to take action?
Answer: buy when the price is below value low, and sell while price makes excess above the value high.
The Control price always attracts the price which your profit booking zone.
I'll take action only when making an excess.
This is view of Turning Point trade.
SUNPHARMA will release its report tomorrow where analysts expect a slight drop in revenue. In charts, it's making an ascending triangle in smaller timeframes but a huge Inverse Cup and Handle pattern which indicates huge downtrend so the price will continue moving down to 340 before making a big jump for a bull run towards 700. Long term Investors may choose to...
The blue area indicates the weekly demand and supply zone whereas the green area indicates the daily demand and supply zone. As we can see the prices went up with less volume but when it came down, the volume increased. So there is a shot bias.
Stock looks bottomed out and about to give Medium Term Buy Breakout. Strong Weekly Close above 210 would be a Buy Breakout. Buy after this Condition is met and Accumulate in Panic/Small Dips and Hold for new High above 600+ LTP 205.4 and Breakout Level 210 SL would be 130 Weekly Closing Basis.