SHORT YESBANK Yes Bank looks weak both in Weekly and Daily chart. Previous supply area can act as the support.
Entry: 323
Target: 287
SL: 343
NIFTY-NSE
Relinfra possible trade setupYou can open a trade with 411 as a target and then trade as per the chart setup.
421 is the major resistance once it breaks it i expect it to test 460/495 and higher targets subsequently.
Further fall might test 890/880880 is a golden zone for this stocks. It's holding strong fort at that levels.. Sitting on the neck line of support tomorrow market opening will drive this stocks upside or down. I'm expecting Nifty to be Flat to down side you can look at this stock testing around 890-893 levels.
596 it might testing as Nifty index is looking weak.. Biocon is not holding fort after the recent big fall.. 591 seems to be a good buy for Swing as well. Keep it on your radar 591 to 570 is good to add with SL of 550 for mid term to long term hold.
My PredictiveEngine's Intraday call(05-Apr) - TATASTEEL - ShortBased on my PredictiveSystem's signals, tomorrow (05-Apr) its going to be a RED candle for NSE:TATASTEEL
Sell below: 559.1
Target-1: 555.2
Target-2: 552.1
Stop loss: 563.7 (strict SL)
Note: These calls are based on my own analysis. It may or may not work well for you. So please carefully consider whether it is suitable for you and please do your own research before attempting any. The profit/loss made by you due to this call, is solely your own responsibility. Thanks, All the best. Happy Trading. :-)
Nifty 50 ( BULLS Vs BEARS) Daily Chart1st day of week on Monday 2nd April Nifty 50 index managed to open positive and witnessed sustain buying interest throughout the day. It managed to hold and surpass the Hurdle 10158 and headed towards 10220 levels. Bulls recovers with sustaining pulls up to the bears, It managed to hold above previous weeks’ close and formed a Bullish candle on the daily scale.
Now for Bulls run Index has to continue to hold above 10238 to Charge Bulls back in to action over Bears to Hurdles 10268-today only within mid and last session. And if bull fells then Bears will take over Bulls below 10163 and more Attacking method extend its down trend move towards 10100 again.
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Thank you, God Bless You
Sachin
Breakout from falling trendlineAxisbank brokeout from a falling trendline resistance..Also note RSI divergence... Offers a chance to go long with a very small SL.
Break of HnS necklineIndusindbk has formed a bearish head and Shoulders pattern. Could be shorted with SL just above the neckline.
Nifty - Upward channel breakoutMonthly chart
Reveals an upward channel breakout.
Any retracements an opportunity to go long. (10300-10500)
Keep a watch on the upper line of the channel which is probably the support for the next base.
Any retracement towards the upper line of the channel (support) is an opportunity to go long.
Drop below the support will be a concern.
GIC Housing - Possible change in medium term trendLook for buying GIC housing, breaking out, indicating reversal in medium term trend.
Hindalco - Looking for reversal of very short term trendHindalco is near strong support line and trying to breakout from small trend line, if succeed then can travel back to it's resistance zone 264-266 levels as shown in charts, and once break past 268 expect to see 280+ in fast & furious mode.
UPL LIMITED FNO BUYING OPPORTUNITY NSE FNO TRADING PLANUPL Positoinal Buying Opportunity Based on coming off long term support structure with bullish breakout which sustained even when index was sliding down.
Good RISK TO RERUN RATIO. I Ideally play 1:3 return so i dont mind losing some trades. This is an aggressive trade.
FOR EDUCATIONAL PURPOSES ONLY.
Reliance LT EW ChartEW count should be self explanatory.
Target is based on the Breakout from triangle consolidation on weekly charts.
Levels to watch for NiftyAs per hourly chart, I highlighted the levels to watch out. Below Red line, sell it and buy above the green line.
Nifty Hourly Chart - Forming Lower LowsNifty Hourly Chart forming lower lows which shows a bearish trend. Any Close above the support with good volumes needed for the continuation of uptrend.
I am still bullish on the market even the small correction happens. One should use this opportunity to get their positions at less and discounted price.
This is just for Educational Purpose.
NEW UPTREND STARTED IN NIFTYI expect that the correction in Nifty is over and we may head to new highs soon. Hold 9980-9940 as closing basis SL for longs. Expecting 10300 on Nifty (SPOT Value) time frame 2 weeks to 1 month
Indiabulls Reality in "Accumulation Phase"On monthly chart, it is been observed that the price action is been consolidation after a long downward trend that indicates accumulation of shares. Once it closes above 103 levels on monthly chart then it shall signals a new bull wave that will produce a great investment opportunity. Keep this also in your investment watchlist and wish you gain out something out of it too. Regards
