NIFTY PHARMA:- BUY on dip 11200/11500₹ & taking support EMA.. 13000₹ (FOR LONG) TARGET with sl (10800) #Disclaimer:-I just shared view for only educational purpose.
-BANKNIFTY MIGHT OPEN 200 IN THE PLUS -INDEX YESTERDAY TESTED THE RESISTANCE OF 22300 -INDEX ALSO AGAIN TESTED THE SUPPORT OF 21960 -BIG MOVES ABOVE 22300 IN THE BANKNIFTY -BANKNIFTY YESTERDAY REJECTED THE 100 EMA -IF 22450 IS CROSSED ON COLSING BASIS WE ARE MOVING TOWARDS 23000-23800 -CRUCIAL SUPPORT PLACED AT 21960 -CRUCIAL RESISTANCE PLACED AT...
-SGX NIFTY IS SHOWING A GAP UP OF 45 POINTS -THIS SHOWS A POSSIBLE OPEN ABOVE YESTERDAY HIGH -BEST PART IS NIFTY HAS BROKEN ITS 200-EMA ON DAILY CHART AND MANAGED TO CLOSE ABOVE 10550 -AND IF THE MARKET SUSTAINS ABOVE THAT WE CAN SEE BIG MOVES ON NIFTY -A " BUY ON DIPS" RECOMMENDATION -CRUCIAL SUPPORT AT NOW AT 10550 -MARKET IS LOOKING TO REASON TO RALY...
BANKNIFTY TRADE SETUP -INDEX WILL OPEN LOWER -BEARISH ENGULFING PATTERN VISIBLE ON THE CHART -CRUCIAL SUPPORT PLACED AT 21200-21250 -INDEX CAN TEST ITS 20-50/EMA PLACED AT 20655-20750 -BANKNIFTY REVERSED JUST BEFORE TESTING ITS 100-EMA PLACED AT 22570 -PROFIT TAKING ON THE CARDS -LOOKING FOR OPPORTUNITY TO "BUY ON DIPS" -AGAIN TRADING THROUGH OPTIONS TO RIDE...