Note: Weekly Chart: - Rounding Bottom formation completed with 11 months time horizon (blue arch) - Convincingly above long term (3 yrs) downtrend line. (blue solid line) - Cum. Vol delta is positive and in uptrend for last few weeks (below plot) - In a fresh motive Wave-1 in Elliot Wave since July (purple). With a SL of 1150, one can long. For safe trader can...
NIFTY | Cup & Handle formation (Good only for hedged / spread position - it can take 3-5 days) CMP : 15770 SL : 15670 Target : 16100 Almost 1:3 risk reward setup. Reference : Bull Call Spread Buy 15800 CE Sell 16000 CE July 8th Expiry or July monthly expiry
Buy Rbl Bank Only 176.80 Target 180- 183- 187 Sl 173