Acrysil forms a triangle !!Acrysil has been under a resistance zone for 70+ days and has formed a beautiful triangle patternwith support of the 50EMA. High volume cue has
been given and a break above the resistance and the 200EMA provides a possibility for a long trade.
3 targets
T1 should hit in a short span while T3 may take a
few months with pullbacks.
Stop loss below the 50EMA should suffice
Favourable risk to reward ratio.
Keep It Simple
Movingavarage
Nifty - Intraday Levels for 11 July 2022Nifty Intraday Levels for Tomorrow..
Trend : Bullish
Sentiment : Positive
Expectation : Bullish Continuation
Expecting Nifty to Open Flat / Small Gap up between CPR and Sell Reversal zone, wait for pull back to test CPR then we can go long for Targets 16253 & 16278 and above
Any breakout below CPR, nifty will go down to test PDL & Virgin CPR level 16110
Refer the chart for detailed Intraday Support and Resistance levels.
Happy Trading!!
Nifty - Intraday Levels for 01 - Jul 2022Nifty Intraday Levels...
Trend : Bullish
Sentiment : Negative
Expectation : Bearish Continuation
Expecting Nifty to Open Flat / Small Gap up around CPR , If any rejection around CPR /Sell Reversal zone we can go short and target is Bear BO and WPP
Any breakout above R1 / Bull BO level, look for buying opportunity.
Refer the chart for detailed Intraday Support and Resistance levels for 28th June - Tuesday.
Happy Trading!!
