DLF CMP 148.50 The zone of 168-177 may not be easy to cross and it may act as a resistance zone. Given the view one may Consider the following strategy Consider Selling DLF 30 April 2020 expiry Call option Strike Price: 160 CMP: 10.50 Lot size: 3300 The strategy has a maximum profit potential of Rs 34650/- (Profit potential of 22.5% on Margin...
Updated Axis Bank for 13/04/20 Price Level and Flow Direction
Maruthi is at corrective phase, and will reach 3051 after short bullish move. Want daily, monthly, weekly, hourly, minutes view ?, PM me for details
RBL bank gona crash as per elliot wave principle, might happen over few weeks to months.
Double Top Formation of Bank Nifty on Daily Chart
Hi, This Chart is updated with wrongly plotted before. It noticed by So, I updated the same with AB = 0.61 CD = 1.28
Tomorrow or day after tomorrow if it gives a breakout then take a short trade.....
NZD/JPY FOLLOWING DOWNTREND FROM A VERY LONG TIME. PRICE IS ALSO BELOW EMA200 AND ACTING AS A RESISTANCE. NOW FIRM RESISTANCE IS SEEN AROUND 65.736. AND GOOD SUPPORT IS SEEN AROUND 63.093. FIBONACCI LEVELS ALSO SHOWING THIS RESISTANCE AND SUPPORT ON ITS ONE OF THE PLOTTING POINTS. SO NOW PRICE CAN BE SEEN RETRACING TO RESISTANCE LEVEL OF 65.736 AND THEN GOING...
======= INVERTED UMBRELLA FORMATION ON THE DAY CHART====
==================INVERTED UMBRELLA FORMATION ON DAILY CHART=============
======= IN DAILY CHART NIFTY WILL RISE TO 9600 AROUND FOR THE COMPLETION OF ABCD PATTERN===== =======YESTERDAY PRICE REJECTION AT STRONG RESISTANCE LEVEL / FIB RETRACEMENT LEVEL OF 78.2% IN HOUR CHART==== ==== LEVEL MARKED===== ====INVESTMENT CAN GO LONG , INTRADAY TRADERS WAIT FOR LEVEL BREAK EITHER SIDE=====
5, Apr 2020 : It all depends upon how the chart reacts with the support line. Once it goes below the support line there is a good opportunity for shorting. If it bounces back then it is a clear indication to go for Long. The MACD indicator can be used along with this idea to confirm the price action. This is the setup for Monday. I will keep you guys posted on this.
MFSL---CMP--333.75 (Short Positional) with SL---357 1st ---315.70 2nd tgt---303.20 3rd tgt---281.70