at a very imp level of Fibonacci have good volumes can have a retracement as well so wait for right opportunities DON T HURRY UP
keep on radar! disclosure: NOT SEBI registered. Charts produced here are for personal reference only and not any recommendations.
BANKNIFTY Resistance: 33206 - 33497 - 33868 Support: 32796 - 32543 - 32134 - 31843 - 31472
NIFTY Resistance: 14765 - 14834 - 14922 Support: 14667 - 14607 - 14510 - 14441 - 14353
FDC EQUITY levels ...06/05/2021 (D candle)
BIOCON EQUITY levels ...06/05/2021 (D candle)
NBCC EQUITY levels ...06/05/2021 (D candle)
EQUITAS EQUITY levels ...06/05/2021 (D candle)
Biocon is week below the trend line, wait for the 1-day time frame candle closing below the trend line. Safe entry will be at 391. Stop loss at 429. Safe target 1 at 371. Target 2 at 362. Target 3 at 325.
Go Long above 336.85 for targets of 347.75, 358.5, and above, with SL 326 Reasons to go Long : 1. On a daily timeframe if we draw the Fibonacci retracement tool from recent swing low (point A) to recent swing high (point B) then we see stock took support from 0.618 Fibonacci level. 2. Also a bullish chart pattern, Falling Wedge (marked with purple color) gave...
Crude levels ...05/05/2021 (1hr candle)
BANKNIFTY Resistance: 32602 - 33206 - 33636 - 34183 Support: 32228 - 31625 - 31194 - 30647
NIFTY Resistance: 14577 - 14649 - 14765 - 14847 - 14952 Support: 14461 - 14379 - 14274
After a weak session today, nifty is ready to head towards 14000, if nifty goes below 14412-15, next target would be 14340-14230-14100 as shown the fibonacci levels. Break of these levels are necessary for next target and pullback will be there for shorting opportunity. But overall after 14412-15 break 14100-13900 doors will be open with both hands. On the...
REC EQUITY levels ...05/05/2021 (D candle)
NLC INDIA EQUITY levels ...05/05/2021 (D candle)
COCHINSHIP EQUITY levels ...05/05/2021 (D candle)
I am going by two views for 05-May-2021: View 1. If Bank Nifty Future opens below 32190 then it may go till 31570. View 2. If Bank Nifty Future opens in the range 32400 - 32700 then it may be a sideways market in the range (32180 - 32730). NSE:BANKNIFTY