NATIONALUM - 15 mins - Intraday
Range Bound Market as knows as Sideways Market.
Price oscillates in a range attempts to hit upper and lower level multiple times.
For Intraday - Range provide multiple opportunity to trade both ways Long position from Bottom and Short position from Top till range breaks.
Though nifty had given breakout above the falling trendline but it,
seems that still its facing resistance around 200DMA i.e. 16980 also my
premonition says that nifty could take support around 20DMA i.e. 16720
yesterday while we were witnessing a intraday fall nifty took support and not closed below 5DMA
MACD has also turned positive again a...
Nifty : 24th May Intrada levels
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I am not sebi registered analyst
My studies are Educational purpose only
Please consult with your Financial advisor before trading or investing
Buy Around 235-240
Target 270, 285, 300++
Stop loss below 224 on Daily Closing Basis
Mothersumi has retraced 50% from the top and reclaim all its gain.
Has formed cup without handle
Given Breakout of Cup Pattern
Good risk-reward trade against 26 points Sl against 60 Points target
Price, Volume, and Momentum positive