if it breaks upside 207.25 lvl then go long i will not suggest to short this share
in last chart i have written it as HEAD AND SHOULDER =========================================================== But here it has formed a running triangle of 3-3-3-3-3 ...
last time when i gave my view on nerolac and that was bullish but it was travelling in range thats why i analysed it again it has made top already ... lets wait for a fall then we will go long this fall will be very deep i will update if something changes....
if it follows my line then go for long ..... let it fall first fundamentally it is a good company.... thanks....
now nifty has made round shaped pattern with ending diagonal at supply zone and also there is zone over zone. which gives a good confirmation for sell. from now we will be bullish if it crosses 15450 and below 15450 -- bearish so a good fall fall is expected in market after completion of ending diagonal. PCR is 1.24 Indian VIX is @ 19.08
after analysing whole chart i found that it has made symmetrical triangle and may fall to next support which is 176.24 i will update after completion of this target thanks.......
as i posted nifty50's chart and told that it is making ending diagonal..... but here is thing , In bank nifty it has clearly broken out of head and shoulder... now the important lvl is 35000 which is 61.8% of that fall and also there is a zone PCR of bank nifty is 1.09 so I don't see a fall in bank nifty ..... if nifty supports bank nifty then nifty may...
Again u can enter here if it breaks out ---- this is only for long position.... i will update when it will break out
but a put option and relax if it breaks the lower band
if it breaks lower band then sell it it will start to make lower low and if breaks the upper band then go long but in intraday only not for short trem
buy near 1400 with sl of 1380 target more than its last high
looks good above 530 omly intraday + swing
It has made morning star @ demand zone enter here taking SL @low of demand zone
Enter in third wave with sl of 45 rs target more than 15% Risk:reward :: 1:2
Made rounding bottom and head and shoulder @ bottom in 15 minute chart take trade after breakout only....