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1. Successfully hit 0.618 Fibonacci level(also the R1 of the pivot).
2. Currently hanging at the 0.382 Fib level.
3. Price closed under MA(26): 7059 - good bearish indication.
4. Hidden Bearish divergence on RSI.
5. Expecting a fall to the central pivot(6829).
6. If the pivot hold, then LONG positions can be opened till the 0.382 fib level or till the...
IF nifty will sustain for 10-15 minutes above 10750 , U can buy at 10760 and it can go up to 10820....
IF nifty will break 10700 , it can move up to 10600....(This is just analysis not recommend from me.)
Stocks Are volatile till election so be care full.
LARSEN AND TOUBRO MADE HAMMER CANDLE IN WEEKLY CHART, RSI = 35 ( DAILY TIME FRAME ) A HAMMER OCCURS AFTER A SECURITY HAS BEEN DECLINING, SUGGESTING THE STOCK IS ATTEMPTING TO DETERMINE A BOTTOM, I THINK IT WILL TEST 21 EMA= 1286 IN THIS WEEK, POSITIONAL VIEW IT WILL TEST 200EMA SOON = 1327
FAST TARGET = 1286 ( FOR UPCOMING WEEK 18FEB - 22 FEB )
SECOND TARGET =...
1)Double Top Formation
2)Bearish Butterfly pattern
3)Bollinger Band resistance
As shown in chart whenever stock break 2200 level it rapidly moves down and Simple moving average acts as support.
So it can move down up to 2140/2100/2040....
1. If 630 breaks, expect a move to 610-615.
2. If it manages to push above 650, expecting it to reach 680(0.5 Fib level) and above.
3. EMA(26)- 674
4. EMA(50)- 683
Trade as per the marked swing points, trend line and Fibonacci level.
Try to lookout for confluence of these parameters, don't trade solely using any one of these parameters.
M&M has been seen bouncing every time when Stochastic turns into deep oversold territory. We should likely to see this thing happening around 611-612 level with stop loss of 585 (daily closing) for Target 665-680 on higher side. Tendency of mean reversion has been strong in terms of probability considering history of the pattern. We might hear fundamental reason...
Bank Nifty Enjoy Raining Profits 770 Points just in 1 week
A total of 15 SELL SIGNALS AND 4 BUY SIGNALS
FIRST SELL SIGNAL: 27220
LOW - 26630
Selling pressure continued in Bank Nifty? Proof is withdrawals from the Cash Market.
You can literally see that Money Withdrawals in live market with "Bank Nifty Money flow Indicator"
Except Internals and breath...
Amaraja can be shorted around 761 (20 dma) to 777 (200 dma) for targets of 730 710 685
SL 796. positional call.. march series preferable to sell..
Note: this is my personal view only
All levels mentioned are Cash levels. Trade futures accordingly
Please provide a feedback if u have comments
Long if it breaks the high of the previous day with a stop loss at the previous day's low.
Short if it breaks the low of the previous day with a stop loss at the previous day's high.
In case of gap up above the previous day's high or gap down below the previous day's low, please avoid buying it or selling it respectively. Follow the ending of the candle formed...