Support at 712. Resistance at 740. Consolidation period will be over shortly. By tomorrow afternoon movement will be seen. It is a long term hold for substantial return
Immediate target will be 637.A resistance created on the basis of double top at 642 (purple horizontal line) may not hinder its further up move for the reason that a deep bottom was formed after formation of double top. Extremely bullish chart in all form.
Very comfortably placed being well above the strongest support line and trying to break the next resistance line.Even if it continues to move in bullish manner below this resistance line, December target will be 1300
When Nifty crossed 10815 and closed above it today, Nifty came above a multiyear support line (base at 2008) after its transgression from the 1/2 support occured on the 9th March 2020. I am not sure if it will sustain, which can probably be concluded upon the performance of Nifty in the remaining days of the month
Tracking nifty on a regular basis with pin-point analysis. 10835 respected so accurately and on break of this resistance, next levels will be 10900, 10940.
As this week wraps up, we can see the some more downside pull back till 10770 to max.
For next week, will be sharing updated levels but more or less target points will be same, just direction will be decided...
BankNifty trading at a specific Gann Angle.20760 is a good support, if that breaks there will be consequences. 22,289 will be the big resistance to overcome.25191 remains the ultimate resistance zone. No point carrying the position over the weekend. Looks like more of a sideways movement.MACD is showing little negative bias.
When Infy crossed all time high yesterday and today closed at Nine Eleven, it has entered an uncharted territory. May continue to consolidate in the range 900-970 till August 1st week and then move ahead unless strong bullish move takes it over the resistance level before that (Resistance line is where the stock made high today and returned from there - See...
As per my analysis Copper is on Correction ,So wait and sell at 500 - 500.60 Stop loss level at 501.60 Target Expected 497 / 493.70 / 492.30
Gann And Fibonacci Always rocks Follow us and support us and help us to grow tycooninfotek / tycoonstradingsecret
As per my analysis Crude oil is on Buy Trend correction ,So after correction buy at 3046 Stop loss level at 3014 Target Expected 3101 / 3148
Gann And Fibonacci Always rocks Follow us and support us and help us to grow tycooninfotek / tycoonstradingsecret
As per my analysis Crude oil is on Buy Trend correction ,So Sell now at 3070 - 3080 Stop loss level at 3098 Target Expected 3046
Gann And Fibonacci Always rocks Follow us and support us and help us to grow tycooninfotek / tycoonstradingsecret
May play around the support in the range 190-1800 till 22nd July and if remains above this support may turn out to be a strategic entry point for a considerable period of time.
This BajFinance chart shows consolidation with six inside candles within a large candle. This shows too much of the energy is being suppressed like spring with in these inside candles and upon breakout either ways may give a good one sided move either up or down. Wait for the right moment and right breakout candle, wait for operators to establish the move and then...
As per my analysis Crude oil is on Sell ,So Sell at 3075 - 3085 Stop loss level at 3098 Target Expected 2986
Gann And Fibonacci Always rocks Follow us and support us and help us to grow tycooninfotek / tycoonstradingsecret
Today at 8 pm IST we have crude oil inventory
