∘ Bank sector moves Improving to Leading ( RRG ) ∘ Strong Resistance over here multiple times taking Rejection Note : Always be extra cautious with breakout trade with confirmation .
∘ Reliance Analysis ∘ Use pivot for T1 , T2 , T3
∘ Nifty Analysis ∘ Sideways market trade with confirmation .
∘ Banknifty Analysis ∘ Sideways market trade with confirmation .
CIPLA LTD weekly analysis could be a potential upmove📈 Things to consider : 1. weekly channel 2. Strong Demand Zone 3. Price Action to be considered
NSE:ITC Entry 214 or Below Target 258 SL 195 Time: 3-4 Week ITC is trading in a zone for the last 8 months now it looks Bullish , It has strong support at 200. The supply zone is at 223-229 which is tested so looks week and can be broken by a strong upside movement. if the supply zone is broken successfully then it can reach to 258 targets. Buy and hold for...
Past weeks were strong green for apple stock now is the time for the pullback on the weekly time frame.
TATA CHEMICALS : CMP 767.70 trade setup : 1.buy till 743 2. keep stop loss as 717 3.expected target 792/835+ technical buy based on : 1. inverse head and shoulder breakout 2. good volume at breakout levels . 3. multiple resistance & time frame analysis note 10% to 15% target in short time frame of 2 months possible
mcx buy now we acn see a breakout after a long time u can buy after 1645
tata chemical ready to big breakout ,we can see abreakout verry soon after cross range 785-797
as you can see, after a long rally, it has taken a pause which was much expected and some profit booking too making BANKNIFTY trade at very crucial levels the level being RESISTANCE - 36000 SUPPORT - 35700 the opening could really determine the rally of the market as below 35700 we can see sellers coming up because we can see a POTENTIAL HEAD AND SHOULDERS...
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Expecting volatile market & Chances of making Inside candle for tomorrow based on following Reasons, 1. Weekly Expiry 2. Trendy market on 04.08.21 3.Trendline Breakout Chances of Taking Support @35670 4. Level between 35650-35800 is Support zone(Previously acted as Resistance zone) 5. Immediate Resistance is 36200 & 36450 is major Resistance *Always Enter With...
NSE:INDUSINDBK INDUSINDBK remains on an oversold zone on daily time frames and is starting to show some buying pressure. There is a clear negative divergence on an hourly time frame thus indicating a bullish bias.
sail : 141.30 trade set up : 1.buy above 145 2.keep stop loss as 120 on closing basis 3. short term target 175 breakout long term targets 199/240+ technical set up : 1. resistance breakout 2. multiple time frame analysis 3. volume 4. value in sector note : stock has recently done breakout of 11 year price zone retested the same , consolidation of price...
SBIN : 424.40 Trade set up : 1. buy above 442 2. keep stop loss as 400 3. targets : 485 / 566+ Technical buy based on 1. cup and handle breakout 2. multiple resistance price breakout time frame 1 to 2 months for target 1 time frame 3 to 4 months for target 2
WHAT an analysis we have been making, as analysed we did saw a unidirectional upward move over 400 points abov our level which was expected, the rally can continuue if BANKNIFTY sustains above 35300 for another 300-500 points because we have found A DOUBLE BOTTOM PATTERN which signifies the rally to continue for no we can expect a litlle sideways to bearish...