ACC breakout of an Ascending Triangle with momentum. The height of the pattern suggests an upside target in the range of (1730-1735). However we notice a fine Fibonacci Retracement confluence at 1720, which will be an interesting level to keep a watch for. A throwback to the breakout level of 1705 should no be discounted.
Bank nifty can be brought with SL of 24500 for further move.
... Spot & Future Intraday as well as Swing Trade levels plotted on chart. Trade as per Specified level with description. Don't forget to Click / Tap LIKE button, as Like is Barometer of Usefulness. Disclaimer: Only For STUDY. For Taking Trade Decision Consult Financial Advisor.
... Spot & Future Intraday as well as Swing Trade levels plotted on chart. Trade as per Specified level with description. Don't forget to Click / Tap LIKE button, as Like is Barometer of Usefulness. Disclaimer: Only For STUDY. For Taking Trade Decision Consult Financial Advisor.
As per my wave analysis, my short term and medium term view is detailed on the chart. Right time to BUY low and sell high. WAIT game starts!!
Looking at 25 years historical I am clearing seeing a 1000 points correction on market(minimal) SELL BELOW 10070 FOR A TARGET OF 9050-9070. STOP LOSS ABOVE 10530
.... Spot & Future Intraday as well as Swing Trade levels plotted on chart. Trade as per Specified level with description. Don't forget to Click / Tap LIKE button, as Like is Barometer of Usefulness. Disclaimer: Only For STUDY. For Taking Trade Decision Consult Financial Advisor.
.... Spot & Future Intraday as well as Swing Trade levels plotted on chart. Trade as per Specified level with description. Don't forget to Click / Tap LIKE button, as Like is Barometer of Usefulness. Disclaimer: Only For STUDY. For Taking Trade Decision Consult Financial Advisor.
PNB is @ 61.8% FIB level and also near 50 SMA. Downside looks limited.
CANBK has taken support near 61.8% FIB level of 360 & also 50-Day MA is @ 355. Looks like downside has been capped.
As per previous chart Nifty falled from upper line of channel till 10095 & bounced till 78.6% of down fall. Now again it is near to upper trend line resistance @ 10451. Potential Harmonic (BAT) pattern also comes in action. Sell Till 10451. Positional View for December Series. Other Details Mentioned in Chart. I am not SEBI Registered Financial Advisor.
For Tomorrow we have Ncc Short, The rest explained in the Chart. Good Luck.
Wait for a BUY as indicated in my charts.. Targets 8350..
Go LONG...... All plotted on Chart. Don't forget to Click / Tap LIKE button, as Like is Barometer of Usefulness. Disclaimer: Only For STUDY. For Taking Trade Decision Consult Financial Advisor.
Best Buy @ 17.40 - @ 17.60, Aggressive Here. Support Level @ 15.70 (Double Buttom) Target Levels on Chart. : Don't forget to Click / Tap LIKE button, as Like is Barometer of Usefulness. Disclaimer: Only For STUDY. For Taking Trade Decision Consult Financial Advisor.
1. A strong close below 50% retracement. 2. RSI divergence 3. Evening star Short trade estimation. -- This is study. Suggestions and observations welcome.