BANKNIFTY closing 40307.1 is bullish with stoploss 39740 then targets are 41712. Reason. 1 --> Create a Outside Pattern on Daily Timeframe. 2 --> RSI is also show the Reversal. 3 --> -DMI is Going downside and +DMI is rise in ADX. 4 --> Closing Above 200 EMA.
LICHSGFIN as per daily chart analysis has formed a bullish outside bar and stock above 398 level for target 415 level.
Do not trade in between 36230 - 36025 Buy Above 36230 for the Targets marked on Chart Sell below 36025 for the Targets marked on Chart Make entries only when the price action is suitable respecting to the trendline Take Entries when Market sustains above / below our levels Avoid entries , if there is a Huge Gap Up / Gap Down Take Entries as per Price...
Nifty View: What could have been a firm positive close above 15,850 for the benchmark Nifty turned around as we noticed sharp selling within the banking and financial stocks that weighed the index down 129 points from intraday highs to close near 15,750. On daily charts, we have an “Outside Bar” with the short term trend on the verge of a reversal. Yes, short...
Outside Bar + Doji Short below 105.50, SL PDH PDH = 108.95 If gap up or down, follow 5m ORB.
Tweezer Top + Outside Bar Short below 352.25, SL PDH If gap up or down, follow 5m ORB.
Details in Chart. We can short 660PE
Details Posted in chart
Details in chart
Details mentioned in chart
TITAN Weekly outside bar There is also an HNS in the making. Short below PDL, SL=Prev day high
CNXMETAL Outside bar in channel at S/R zone
RAYMOND - risky long above prev day's high Formed huge outside candle, lower wick pullback can be seen. Target - 866 Stop loss - 758.35
Outside Bar Formation in HDFC Everything mentioned in chart.
MAHANAGAR GAS At S/R zone. Mahanagar gas is at S/R zone and has formed a powerful candle. Candle body is big, but higher wick sis very big. Candle ended on red note. One can short below day's low. Long above previous day's high.
LICHSGFIN Ascending channel outside bar Buy above PDH break Sell below PDL break
SRF Outside bar = Continuation of uptrend? Buy above Previous day's high 1940 SL = Low of previous day (agressive) = 1860 Target = 2050