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CNXFINANCE

KEY SUPPORT / RESISTANCE LEVEL (FNO) FOR 20 JAN 2021 + CNXFINBel 140 Banknifty 33000 Ntpc 100 Itc 220 Idfcfirstb 50 Torntpower 340 Tatamotors 260 Siemens 1700 Recltd 150 Bergepaint 800 Godrejcp 800 Pvr 1500 Tcs 3300 Zeel 230 Voltas 920 Tvsmotor 520 Dabur 550 Hindunilvr 2400 Pel 1600 Reliance 2000 - Above is an important level that is highly likely to act as support / resistance for intraday purposes - Price reversing / breaking these marked levels can yield big moves - Please use your own set-up / indicator(s) for further confirmation
NSE:CNXFINANCE
by QUANTECHNICAL
CNXFINANCE - BULLISH TRENDBREAKOUT FOLLOWED BY RETRACEMENT IS THE BEST PATTERN TO TRADE ON Note: Avoid the stock if a big gap up or gap down is seen Enter after the breakout happens and not before it Do not chase the market, i.e., do not get involved in late entries Only enter with strict stop-loss and target This is not a recommendation and is for educational purposes only. always follow risk-reward and quantity management for the 100% of the times The above mentioned idea may not work, so beware of the risk you are taking Follow me to Learn and Earn with me. Happy Trading!!
NSE:CNXFINANCELong
by FAHEEMSAM
NIFTY FINANCIAL INDEXAt the PRZ of a bearish Harmonic Bat in Weekly time frame it made a bearish reversal Candlestick today. A follow through tomorrow onwards would confirm a downward move for 13250 and below that for 12000. The view would negate if it sustains above today's high. The index constitutes of all the large Banks and large Finance companies. Harmonic Bat is a 5 points pattern based on specific Fibonacci Ratios which signal a reversal of trend for 38-50-62% of the last leg of the trend ending.
NSE:CNXFINANCEEducation
by Dinesh_C_Nagpal
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