-Another entry possible-
Following my previous post for a monthly
-> The stock is forming a pattern again.
-> Enter near the support or after the triangle
-> Targets as per my previous post but you also
make a target as per this triangle pattern.
All the best :)
Markets have been in a correction mode for 4 consecutive days and the probability of further downside is very high. This is a good strategy to use when the market is trending in either direction.
Use small sizes in volatile markets to avoid losses.
This stock has been consolidating for the past few days and Have given a wonderful breakout with a Big green candle supported with Large volumes on a Daily chart.
Suggestion would be to buy it on a dip somewhere around 211-213. Targets can be set Till 235. There are high chances that the stock might hit the target in a very short time.
If the price can break the line I have shown on the chart, it will touch the upper trend line.
Or the price will directly break the resistance line.
Only if the candle closes above the trend line.
Todays Bank Nifty prediction.
Get your numbers ready and later tell me how you performed.
lower range 20646
upper range 21321
Best Strategy - sell on upper levels , buy on lower levels
The Chart clearly shows the levels.
Make sure you have your home work done before entering the market as its going to be Extremely volatile day.
My numbers are derived out of...