Bank Nifty spot 57938.50 Daily Chart - Weekly UpdateBank Nifty spot 57938.50 Daily Chart - Weekly Update
- *Bank Nifty closed tad 0.04% lower to last week spot*
- Stable Support Zone 56400 to 57600 for Bank Nifty Index
- Stable Resistance Zone 58575 to 60075 for Bank Nifty Index
- Firm ground "W" Double Bottom + repeat tiny Rounding Bottoms
- Bank Nifty Index taking attempts to breakout from the Resistance Zone
- Rising Trendline stands firm + stable Breakout of Falling Resistance Trendline
- Consolidation droplets of Geo Political scenario r
Positivity
Nifty spot 24270.85 Daily Chart - Weekly Update*Nifty spot 24270.85 Daily Chart - Weekly Update*
- Nifty closed positive by 0.89% fairly above last week*
- Stable Support Zone 23300 to 23850 for Nifty Index Band
- Stable Resistance Zone 24100 to 24675 for Nifty Index Band
- Firm ground "W" Double Bottom + repeat tiny Rounding Bottoms
- Nifty Index taking attempts to breakout from the Resistance Zone band
- Rising Trendline stands firm with stable Breakout of Falling Resistance Trendline
- Consolidation droplets of Geo Political scenario r
$SHIBUSD Daily ChartEnter the black spiral and I think we're looking at Euler variant of 0.00007281 x 10/28
SLong
AXS Rally Coming to an END!!!BINANCE:AXSUSDTPERP
AXS is one of the coin in which most of the traders are constantly looking for a short position, cause you know it pumped like crazy. But, the problem is that it goes down for a little while, then again it pumps heavily. This is because market structure is still Bullish. Hence, I am going to tell you when to Take a Short Entry. As you can see its moving in a Rising Wedge Pattern on 2 HR Chart, there is a Divergence and Symmetrical Triangle on the RSI and Lastly the PI CYCLE
Hindunilvr LongHindunilvr Long
Creating base around 200 EMA
Weekly close above 2198 (200 EMA) will take stock to positive territory
Buy at CMP-2201 or wait for close above 2198 (200 EMA)
SL-2162
Target-2302, 2346, 2386
Disclaimer- We are not SEBI registered advisor.
Charts and views are only for educational purpose.
LONG POS. ON DRREDDY (NSE)!!!This analysis is only for educational purposes, Invest at your own risk!
The New 52 week high created by DRREDDY at the price 4,132.20 INR will serve as the resistance.
A Doji candle was seen on the 19th of May(yesterday) which on the next day (20th May)rose the price with an abnormal Volume.
The Market closed with a big green candle for DRREDDY, This opens a great long opportunity for traders buying in at price 3910-3915 INR.
The target should be kept just bellow the Resistance at
BANK NIFTY - Positive trend on short term - 28000 ---> 29370BANK NIFTY shows strong support at 27800. 27800 level is very strong due to multiple support levels are in the same region. BANK NIFTY expected to move into retracement zone and reach target mentioned below. Price movement marked in charts.
Price will touch 28000 then bounce back to target. The ideal place to buy call is around 28000
Target 1: 28908
Target 1 Date: 22nd Aug, 2019
Target 2 : 29370
Target 2 Date: 28th Aug, 2019













