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
0.6 support Brake out with volume Double bottom pattern Breakout and retest with volume
ICICI Lombard General Insurance :: Taking support here and can be seen through previous support and Fibonacci levels. Expecting a bullish move.. (Only drawback is Nifty is correcting and might create trouble for this counter) Follow my page and inbox me for the Entry/Target/SL Disclaimer: Strictly for educational purpose..
Nifty Index may give breakout of Falling wedge and may continue the upward move:: one can go long once breakout sustained and watch out Fibonacci level .5/.6 level for further upside. Do follow my page and inbox me for advance intraday levels of Nifty and Bank Nifty. Disclaimer: I may or may not trade this setup, do your own analysis before initiating any trade.
HUL is looking good to buy @ CMP :: (it may test your patience) Do follow my page/hit the like button and inbox me for the Entry/Target1-2-3 and SL. Disclaimer: I may or may not trade this setup, kindly do your own analysis before initiation any trade.
BPCL can be a long candidate for short term. PSU stocks can be good for swing trading. For educational purposes.
Go Long above 1715.9 for targets of 1777.4, 1838.85, and above with SL 1654.5 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 0.5 Fibonacci level. 2. Also a bullish candlestick pattern, Bullish Engulfing (marked with an...
BANKNIFTY Resistance: 32845 - 33599 - 34136 - 34820 Support: 32379 - 31625 - 31087 - 30404
NIFTY Resistance: 14726 - 14890 - 15006 - 15154 Support: 14625 - 14461 - 14345 - 14197
SBI EQUITY levels ...04/05/2021 (D candle)
ENDURANCE EQUITY levels ...04/05/2021 (D candle)
APOLLO TYRES EQUITY levels ...04/05/2021 (D candle)
nifty took support at the level of 14450 reason : fib level of 61.8% we can buy at this level with the target of 14940++ in weekly and monthly target of 15324
If Nifty Future opens in the range 32400 - 32740 or above 32740 and doesn't break below 32190 then: Price may go up to @33250 - 33380 NSE:BANKNIFTY
If Nifty Future opens in the range 14670 - 14725 or above 14725 and doesn't break below 14660 then: Price may go up to @ 14800 NSE:NIFTY
A near term short term target of Rs. 195 in few days along with final target of Rs. 200 can be seen in near Future. The concept is clearly based out on Fibonacci Retracement. SL can be maintained at Rs. 175
Nifty completes ABC and retraced 78.6% back to the gap support at 14421. All good to resume the uptrend unless we get a 5 wave decline. 3 wave declines are counter-trend and that means that the larger trend is up