Technical Analysis of #NIFTY based on harmonic xabcd pattern & on support and resistance . 18925 is the very strong resistance & all time high for #NIFTY on daily time frame we should buy above 18925 and previous level candle closing for the target of 19500 and for 20000. #NIFTY 1st support 18400 & 2nd support 18150,we should sell below when 18400 level break's...
VGUARD patterns look interesting, We have to wait patiently for the Break Out which is 251.50 level, Once it gives a BO it can give an amazing move upside. > Patience is the key. > Stock market is 10% Buying 10% selling and 80% waiting which is what successful trader/investors do.
> As we can see in the chart, the Channel pattern has been Broken down with a very good volume, the Ascending Trend Line(TL) support was very strong as we can see Price took support from that same TL 5 times in the past. > After breaking the TL we can see the weakness in the candles, we can see huge rejection from the sellers. > This is the right time to enter...
please watch the daily chart of Bharti infratel. Clear breakout has been seen on the charts . This can be taken for long entry. Stock level is going to shift in uptrend. on daily charts its moving above 50 EMA. The next level for stock is 240 . Always do trading as per your Reward to Risk ratio only means Never risk more than you can afford to lose on a single...