bank nifty for the upcoming sessions i think its gonna be bullish as we see the trade reversal on the last trading session. here i am sharing some important levels for tomorrows trade i.e 12/11/21
this analysis is for intraday or upcoming sessions. hope you guys like it and support it,
thank you.
ADITYA ANDHARIA
Future
Bank Nifty is in a rising channel.Bank nifty has been in a channel for quite some time now, accompanying nifty, but presently it is in a rising channel annd it is expected to respect the trendline by taking support rom this level on, intraday leveks are mentioned on the chart.Trade at your risk and consult your financial advisor before taking any financial risk.
Future Retail - Bullish Investment OpportunityThe SEBI has approved Reliance Retail’s acquisition of Future Group’s retail assets on Wednesday. ( 20th jan 2021 )
This led to two days upper circuit in the Share Price. As the approval for the Future Retail led to positivity in the market and possible Target 150 within the month of Feb.
Hold for long term to get target as 350, asthe vaccines as been out and the stores are opening this will lead to strategic increase in share price.
LONG IN TVS MOTORS!!(FUT)!!MOMENTUM TRADE IN TVS MOTORS
VIEW
:-RISE IN OI+RISE IN PRICE INDICATES LONG BUILT-UP
:-BULLISH ENGULFING VISIBLE ON DAILY CHARTS
:-200-DMA IS TAKEN OUT AFTER A VERY LONG TIME
TRADE IN FUTURES 28TH NOV 2019
LEVELS ARE ACCORDING TO SPOT PLEASE ADJUST FOR FUTURE PRICES
BUY@ 476
STOP@470
TARGET@490
LOT:-1100
QTY:2
PLEASE NOTE:
ALTHOUGH REAL OI DATA WILL BE AVAILABLE ONLY AFTER 6/7 PM
!!PLEASE NOTE TRADE WITH CAUTION AND AT YOUR OWN RISK PROFILE!!
!!PLEASE DON'T OVER TRADE!!
!!LIVE TO FIGHT ANOTHER DAY!!
!!HAPPY TRADING!!
Footprint analyzied CIPLA again.Presently, CIPLA is created excess on the value high, if it's not break up the value area.
Found the two phases for sellers won the price.
As per timeCycle analysis, time is far from now for that phase.
As per risk and reward, as a trader can short this stock 567 nearby with stoploss 571 above and wait for target 549.5 and 535 below.
Bursa Malaysia Spot Index looks weakAs per last one month KLSE index trading in range of 1680-1720 just below 61.8% Fib retrenchment level of rise from July-18 to Aug-18.
If index trade below 1700 level then fall to 1670-1660 level.
Volume addition in selling suggest major delivery based selling happening.