BankNifty closed at support.
Last hope at 29211.
Trendline support 29395 - 29450
Even if the trend channel is continuing, and the following possibilities still exist;
1) Gravitate price will attract the value, so long traders have target 29977.
2) The support at 29395-29450 will push the nifty toward to 29700.
3) Last hope at 29211, if bank nifty slip to that...
Excess has found for short this stock on the 15min chart with range 2154-2124
From the daily chart, TCS has a buy single already triggered and price moving up the side.
The price is still far from control price.
Due to falling the price, there is very low volume -> (not interested sellers)
After strong price rotation, up spike has been seen -> (buyers wining)
Buy above 1544 is not bad idea VS buying at the dips in support is accurate trade.
Coal India is in Downtrend. It took good support @ 228. I expect it will touch 243, 248. Breaking support line will be stoploss. And keep trailing stoploss 3% when stock goes up.
Think, Research and analyse before taking any decision.
Tomorrow will be Risky for traders because nifty is in crucial support line. If it Breaks support line 11455, Then its next zone will be 11265. If Nifty didn't break support Line, then its next range will be 11650. Trade with caution and keep trailing stoploss. I expect upside but let's see what happen.
Think, Research and Analyse on your own before...
All Motor sector stocks are in Down Trend for past 1 Year(As per Day Chart). Maruti haven't Break its Lifetime support Line yet (As per 5 Year Chart) Which is mentioned in chart. It may Stop and Continue its uptrend once touch its support line. But i expect it will Break its support line and head near to 5250 Zone. I will give same percentage for both...
Honestly, I am not sure that its an excess or a breakdown but, volume is normal.
Normal volume indicate that, if price not bounce OR not create a TAIL before the close then its breakdown. Let wait and watch this closey for learn.
Yes traders and investors eye will look for this stock to buy at this area 265-268 is great to buy with stoploss 265 below and target...
TimeCycle: Phases plotted.
Currently, BankNifty trading made an excess.
SHORT or LONG, What is Risk and Reward ration, Protective stop , Quantities, etc. these all are your question and also the same for me.
Hit LIKE button and get real-time UPDATE.
As per One year chart, Reliance is in Uptrend and has mentioned support Trend in chart. For Short period Reliance is in downtrend. It will touch support line in few sessions hopefully. There are 2 Targets mentioned in chart. They are 1214 & 1201. Mostly it will not break Support line but Set target...
As per weekly chart, Coal India is in Down trend and has drawn Down trend line in chart. There will be strong resistance when it reach down trend line and it has to touch down trend line before if it goes further downside. From my view it may touch 280/285......... What you say???????
In the previous analysis was worked accurate on TATATOMOTORS.
The execution of the strongest responsive moved seen in it, and the price come to value low. Traders & Investors attraction always come to at this point to long.
The previous Support at 167 nearby, I suggest to take a long position and over the responsive move.
The following all the sign of down break out but the price is still in the channel.
Gap has been seen in the value area.
The price spike also still in the channel.
Volume raised with price fall.
The Gap has been seen, and spike with raised volume which very important for a trader. If this is down breaking out, the price can still 100 points to 148...