Self explanatory chart. Close above the Gann line will be bullish, the volumes have been good in last few sessions. RSI is not supporting much but that can just mean that a close above Gann line will result in stock moving sideways for few days i.e. accumulation stage before it moves up again. Wait for the confirmation. Unable to close above Gann line will result...
Looks like a double bottom on INFY daily chart. Last session has pushed the stock above GANN line with above average volumes. Is this the right time to invest in this stock or will Trump's decisions bring more pain to IT companies. Traders can go long here with a SL below Gann line. Target is 980, 1020
Tata Steel had a good run and is now facing resistance at Gann line. Based on the previous reactions (highlighted circle) from Gann line, I see an opportunity to buy a PUT option here. Volumes are supporting it and so is RSI. I won't recommend shorting the future but pro traders can do it with SL above the gann line. I will personally prefer to buy a PUT, Strike...
Closed above Gann Fan line again. Good volume today and in last trading session. Can buy above 476 with a SL of 469 (close below gann line) for TGT 485.5, 490.8 and 500
Nifty is trading near Gann Resistance. A breakout above will lead Nifty to 8773,8855,8969 and if unable to break Gann line, we can see 8510,8421. Wait for confirmation and avoid till budget event is over
* Bullish Deep Crab (Black) * At Pitchfork support * Support at 3/1 Gann Fan * RSI bouncing from OS level
NSE:NIFTY Gann Box Spot nifty trade at 8740 (+120.50) (+1.40%) at the time of writing, according to me short term buy above 8737.50 and take profit at 8684 and 8723.
NIFTY HAVE SUPPORT AT CURRENT LEVEL OR 8550-60 IF ABLE TO HOLD CURRENT LEVEL NIFTY AGAIN START UPSIDE BUT IF NOT ABLE TO HOLD THIS LEVEL THEN NIFTY WILL DONE 8450-400 SOON..
NSE:NIFTY Spot nifty trade at 8681.4 (-28.20) (-0.32%) at the time of writing, according to me strong weak below 8683, we expect it is likely to take support at 8600 , if price move below 8600 then might be take support at 8540 . * It's my view only trade at your own risk.
NSE:BHEL Bhel trade at 142.95 (-3.25) (-2.22%) at the time of writing, according to me sell at 143.10 for the target of 134.25
NSE:NIFTY Spot Nifty major trend is remain bullish minor trend is bearish. So, we expect price may move down for short term it is likely to take support around 8806.85, 8745.40 Resistance at 8857 for time being.
NSE:NIFTY Spot Nifty trade at 8845.35 (+102.45) (+1.16) at the time of writing,according to me there is strong barrier between 8857 to 8892 , and might be price pullback from this level.So, make your plan accordingly. Resistance for short term at 8931.40 and Support at 8674. Happy trading
NSE:NIFTY Spot Nifty Major trend is remain bullish and minor trend is now bullish,i think price may be touch resistance at 8782 , 8843 and support stand around at 8684. Happy trading M/m Tops and Bottoms dates for this month around - 16th - 22nd - 29th September 2016.