NIFTYBANK today failed to hold the level of 28000 and is expected to continue the downtrend for now, NIFTYBANK current support is still in action and is placed at 27620(Today almost touched the SUPPORT with low of 27641), after breaking which it could touch the levels 27400. Tomorrow is NIFTYBANK expiry and a good movement can be possibly seen. Please trade with...
NIFTY failed to gain upper momentum and has tested the resistance of 11000, NIFTY downfall is still left and it's INTERIM SUPPORT is placed at 10760 followed by the FINAL SUPPORT placed at 10600. Nifty on the upper band has INTERIM RESISTANCE at 10984 and FINAL RESISTANCE at 11110. Tomorrow is 8th Aug Expiry, please trade with less quantities as market would be...
ONGC is in a small correction phase on the 15min chart. The stock has created a clear bear flag formation which can break to the downside. Shorts can be initiated after the levels of 133.75 have been broken.
Target 1 - 132.75
Target 2 - 130.80
Target 3 - 127.95
This content is for information and educational purposes only and should not be...
Long term tight channe l since 2016.
3 excesses at the value and one excess at value low.
5 waves are completed.
A previous Resistance and Wave(3) at 28227 (can be upcoming support).
50 days moving average is at 28080 nearby (too far for work as support).
Measurement of all falls mentioned in the chart, as per this measurement expected current...
short at 30200 - 30250 range
stop loss 30400
1st target 29570
2nd target 28867
Disclaimer: All posts/views are for educational purpose only..!!
Kindly contact financial advisor before taking position/decision.
nifty in grip on bear. any pullback will sold into.
so trade carefully.
nifty stoploss 11590. safer side it can be extended to 11648.
1st target 11262
2nd target 11138
3rd target 11012
if breach 10980 ( its going to be difficult for bears to breach this spot, if so happens then )
it can slide to 10822,then 10750, 10600.
Disclaimer: All posts/views are for...