Indianstocks
SELL COPPERCopper has climbed to 811.60 on MCX from a level of ₹ 731 in first two weeks of OCT 2021 and it fell down to again 725 till the end of the same month.
Today Copper climbed to a level of ₹ 746, and now hovering around ₹ 738
Risky traders can take a short call on copper around 738 with a stop loss of ₹ 746 for a target of ₹ 720 .
Reliance Industries Watchout!
There are 2 possibilites in Reliance Stock (as shown in chart)
Possibilty 1 : Can Take support of 50EMA
Possibility 2 : Can take support 2330 levels
Trade with proper sl, I personally think it will take support of 50EMA and can give reversal, Lets see how it goes
Trade on your own risk.
Happy Trading!!
tatapowertested resistance multiple times in hourly time frame if breaks targets should be 245 and 261
remember there is positive news in the market about tata power too...
trade according to your risk appetite I am not responsible for anything you gain or lose
only for educational purposes and not a buy or sell call, buy or sell on your risk.
TATA MOTORS Consolidation TATA MOTORS after seeing a huge breakout from 350 levels has been consolidating between 480-510 for almost a month. The good news is that the stock has taken strong support and shown resilience at 475 levels any price below 475 is a buy zone as the stock has recovered quickly after dropping below 475.
Upside and Downside both capped. Until we see a strong closing above 515-520 levels we can expect further consolidation.
NIFTY 50 crucial levels for Monday!🛑 NIFTY is Closed below 21DMA
🛑 Key levels to watch out for intraday traders :-
- resistance is at 17900-17950
-with SL of 17850
- 18050 we can see as the target after breakout
- support level is at 17600-17570
-with the SL of 17650
- 17500 we can see as target after breakdown
Nifty 50 Short Term AnalysisThe index has broken the trendline support in daily candlestick chart, therefore it looks bearish for the short term. It may take support in the lower trendline and may bounce back. Nifty has strong support at around 17500. If Nifty Breaks the above said supports, It could lead to further Bearishness and correction.
SHRIRAM TRANSPORT FINANCE. RSI has given a b/o -- a leading indication of RSI -- Look for price to b/o in near future.
With Nifty showing weekly mean reversion, price b/o may not be likely this week or next week - but nothing is certain in the market.
My expectation -- a rectangular range might form in the hourly tf, look for its b/o.
NIFTY 50 crucial levels for Expiry day !-Currently NIFTY is trading above 21Day, 50 Day, 100 Day moving averages
- - WEEKLY pivot point is at 18251
🛑 Key levels to watch out for intraday traders :-
- resistance is at 18300-18350
-with SL of 18260
- 18450 we can see as the target after breakout
- support level is at 18100-18050
-with the SL of 18130
- 17950 we can see as target after breakdown