Banknifty key levels are marked on chart.
Intraday resistance - 43000 if breaks then bullish move is expected.
If it doesn't break and if drift below 42850 then a fall towards the major Support 42000 Is expected.
The price has reversed instantly with high momentum from major trendline support.
Use position sizing according to your stoploss...
Raymond Ltd price consolidation with volume shrink.
The major trend is bullish, the new bull leg is started after a strong breakout with high volume and the price has formed a triangle pattern on 30 min TF, If it breaks the 1515 level then it might show good momentum up to 1550 in intraday, and for positional it should close above 1550 in daily...
Gujgas has been consolidating in a tight range on a daily timeframe and formed a triangle.
it has a resistance of 528 if it breaks and closes above it on day TF then will enter above 530.
Cmp - 516
my stop - 497
take profit marked on the chart and that's a good resistance too if it breaks then it can trigger a further move up.
Nifty is facing resistance at 17780 -17800 if it break than it can touch channel resistance line
or it can move in a range 17800 to 17650
Banknifty has a strong resistance and if not break a big range for some trading sessions
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Auro Lab is currently at attractive levels. The stock shows good promise to to touch short term target of 125 and for long term traders it can touch 160. In order to not loose profits, I have marked the exit strategy for short term traders and for those who would like to exit stocks at key intervals.