Entry - 1306 First target - 1270 Second target - 1234 Third target - 1158 Stop loss - 1338 I will short kotakbnk because : 1) It is forming a rising wedge pattern. 2) The price has given a breakout from the rising wedge pattern. 3) The breakout is downards so will short kotakbnk.
I will go long on icicibank because its forming a channel pattern Entry - 352 Target - 396 Stoploss - 347
Wait for the bajahldng to give a breakout and buy or sell in which ever direction the breakout is given . It is also forming a descending triangle pattern.
On 6th March 2019, Nifty break its strong resistance of 11020, now it move towards its next resistance wall of 11120 & 11250 if in upcoming 3-4 sessions(Specially Weekly Closing) it closes above these levels then it clearly move to break its old High of 11760 which needs energized fuel to pump up. So what are this energized fuel? No comments on that time will...