WTI crude at support level , It can long in range 83-86 target would be 96 with stop loss 78 closing basis
Although it gives negative breakout on Bollinger bands and curved trendlines but rsi is standing on major support levels on weekly chart
Play with marking level,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,
As long as nifty is below 13800 & we see a five wave decline in coming session, we can say that the level of 13800 has registered a significant top. One should look out selling opportunity for the immediate target of 12800-750 zone .
Disclaimer: All charts are purely for educational and information purpose. Invest or Trade with the help of your financial advisor only.
*IGNORE THE PREVIOUS ANALYSIS* This week will be very important for the indexes as tomorrow the RBI will start its three-day meet which will end on August 6th . This will end up making the picture look murkier. The indexes are at a critical point. However, the Bank Nifty is looking in a worse state than the Nifty . Coming to the Nifty , the index is holding its...
BANK NIFTY (SPOT LEVELS)- 8TH TO 12TH JUNE BUY ABOVE 21350 TARGET 21450, 21530, 21890, 22100, 22320, 22534 SELL BELOW 20980 TARGET 20830, 20765, 20545, 20333, 20180, 20085 Posting for Educational purpose only
Minor trend-line R 9491 - 9509 The over-consumption has been upper bound of value area, therefore chance to over-consumption at lower bound. There is no overparticular resistance 9500+. ---------------------------------------------------------- 339p GAP This is " Common Gap " price is not going to break support line. Previous minor resistance at 9405....