I SHARE MY TRADING PLAN PRIOR ONE DAY OF TRADING SESSION WITH HIGH PROBABLITIES OF MANIFESTATION IN SAME DIRECTION. TODAY ALSO TRIED TO SEE THE MOVE OF BANK NITY IN ADVANCE FOR COMING DAYS WITH NEAR SUPPORT AND RESISTANCE . GENERALLY I DO NOT SHARE THIS BECAUSE IT IS TOO SUBTLE TO UNDERSTAND . PEOPLE ARE MORE INTRESTED ONLY IN DIRECTION AND TARGET RATHER THEN TO...
LAST WEEK I SHARED THE SAME SETUP OF DAILY CHART , PRICE IS HOVERING IN YELLOW CIRCLE.ONE WHITE COLOR SUPPRT LINE IS INTACT. A UPWARD SLOPING CHANNEL IN GRREN COLOR IS INTACT. TILL PRICE REMAIN IN THIS CHANNEL NIFTY IS SUPPOSED TO MOVE UP SIDE. IN ANY CASE I F GREEN CHANNEL IS BREACHED THEN LONG POSITIONS FOR THIME BEING SHULD BE SURRENDERED. ON THE CONTARY ONE...
Breaking and on clbs 2200+ might give good returns in hindunilvr in coming days. keep in watchlist.
if you look at the charts tatasteel is near its 50 period weekly ema if it breaks one can buy with a near tgt 445 which is weekly resistance and tgt2 of 458 which is also a weekly resistance but much stronger and a strong monthly support at 432. IF YOU WANT DAILY ANALYSIS ON TATASTEEL FOLLOW AND SHARE THIS IDEAR YOU CAN ALSO FOLLOW ME FOR DAILY ANALYSIS ON...
one can go long on banknifty if dosent breach the support and also call & put data shows 31300 as support and 31500 as major resistance
it is near major support zone and is defending well and overall is in uptrend so one can buy with stoploss of 399.50 on closing basis and keep a tgt of 425 which is acting as major resistance and you can also see the stochastic and volume for further confirmations and if us& hina trade deal goes through it will rocket
Good long setup can be seen from the chart. Support is 175 on Closing basis. May test 193-205.
LT is setting up a nice triangle formation on the daily chart. Price seems to have found support near the 200EMA daily as well. In today's rally, it's made a 3 week high as well. Can it break-out shortly OR will it break down ? Very interestingly poised for the next few days/weeks. I'd prefer a break-out here - color me biased :)