Corrected in value area for NIFTY.
We have seen the result of Lok-Sabha election. Therefore, the market index is not going to change its trend nor channel. In the value area, price is moving Value High and expected consolidation control price to value high .
A Trader can take benefit of this Value Area.
This market is looking to build a long-term portfolio to invest.
BankNifty closed at support.
Last hope at 29211.
Trendline support 29395 - 29450
Even if the trend channel is continuing, and the following possibilities still exist;
1) Gravitate price will attract the value, so long traders have target 29977.
2) The support at 29395-29450 will push the nifty toward to 29700.
3) Last hope at 29211, if bank nifty slip to...
Expected Selling by Big Fund-Mangers.
Just watch volume due to live market and start to move with the flow.
I have predicted here expected sellers and profit booker for BANK nifty.
Based on my "xRWave-Blaster" predictive trading methodologies, its going to be a GREEN candle on 25-Jun-2018 for BIOCON
Buy Above(5Min candle close): 631.2 for targets -
T1: 635.9
T2: 638.8
T3: 641.7
SL: 626.2
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...
Based on my "xRWave-Blaster" predictive trading methodologies, its going to be a RED candle on 20-Jun-2018 for ASIANPAINT
Sell Below(5Min candle close): 1266 for targets -
T1: 1256.5
T2: 1250.8
T3: 1244.9
SL: 1276.1
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...
Based on my PredictiveSystem's signals, its going to be a RED candle on 31-May-2018 for SUNTV
Sell Below: 933.9 for targets -
T1: 926.9
T2: 922.7
T3: 918.3
SL: 941.4
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...
Nifty
CMP 10562
-- Major Resistance at 10707-10736 zone
- Support at 10400-10420 levels
If support is taken out we could be starring at H&S pattern completion and Nifty could be dragging back to sub 10000 levels over a period of time.
A close above 10740 will indicate pattern invalidation
For the day 10572-10594 is an important resistance zone
Take care &...
Nifty CMP 9872
Observations
- initial down trend from 10137 to 9685 levels
- Nifty has gone in to consolidation there after
Nifty has to break 9800 decisively to give confirmation of continuation of down trend
Target for the pattern 9380-9360 zone
Stop can be placed at 9930
Risk::Reward ratio is 1::8
This is a positional view and not a day trade...
