Havells on near break out ema 20 also cross over but volume confirmation is not good do kindly wait see but add in u r watchlist
This is for educational purpose only be trader be educator ..👍🔥
been a very volatile week and defining a clear trend in the market is very difficult but for the next week (starting 12th July 21) we have a symmetrical triangle to plan our week ahead!
Overview: Banknifty opened on a range of support and resistance levels of yesterday and faced support of 34730 levels and bounced to test our level of 34893, It was the same movement as the day before yesterday hence the levels are intact.
Again we have range in the market as the movements are not that great either due to illiquidity or volatility.
Banknifty...
This stock has been giving massive returns since its day of listing and gave a good breakout on 2nd July.
CMP= 2026.60
targets, entry price and SL are given on the chart!
after achieving the first 1st target, trail your SL
This is the monthly chart of Sensex.
A trendline is seen right from 2008; and current trend (from dec 2020) is taking support from this trendline.
Also, current level is facing resistance from a crucial psychological barrier, which is the ATH (All time high) of sensex; 52537.89.
This barrier is also a resistance point according to the Fibonacci...
Naukri breaking out of a descending triangle pattern on a daily timeframe. Has the potential to go till 5870 levels with a tight stop below 14th June candle making it a great risk to to reward for a trade
Almost all the markets going in red will be a major factor on Monday. Market has been moving up but the momentum was dying since last few days. Here is a comparison chart with Nasdaq. It is amazing to look how the indices made similar moves around similar times. In short, 10% correction is quite possible in near short term. This view goes along with other stock...
According to my calculation, this year high is done on 15th June. Short as much as you can, stop-loss is 15901 on closing basis.
All details given in picture.
