Adani Enterprises Has Formed A "Parallel Channel" Pattern By Taking Support At (270) And Resistance At (305). It Has Also Shown A Intense Pullback When It Retested Its Support. Support - 305 Resistance - 270 Checkpoint/STT - 305 ("Checkpoint" Are Those Areas, Where Trend Reversal Is Possible. This Analysis Is Done Only For Educational & Intelligence Purpose,...
After Jindal Break Down Intensly, It Has Entered Into A Some Type Of Congestion Zone And At The Same Time It Has Shown Some Reversal In 1 Day Time Frame. Congestion Zone Range - 160 - 175 Buy Above - 175 Sell Below -160 Short Term Target - 200 This Analysis Is Done Only For Educational & Intelligence Purpose, Invest Or Trade At your Own Risk & Will.
Channel Breakdown Short Bias Can be Short at 480-475 Levels Positional Target for 420 Levels View gets negated closing above 525
RBL Looks like short if it breaks the Strong support which has touched several times in recent past .
Keep an eye on it. Ready to blast above 120
IEX has taken is jump from the support and is ready to move with a blast
Bullish Bias Can be bought at CMP Levels Stop Loss 59 Target 1 - 70 Target 2 - 74
Bullish Bias RSI Divergence Looks Positive Can be Bought at CMP levels Immediate target 260/265 Previous Gap may act as resistance Stop loss 220/215
IN CASE MARKET IS DOWN PLACE A TRIGGER BELOW TL EMA WILL GIVE CONFIRMATION TRADE ON BO
Sell Nifty @11060 Target- 10850, Sl - 11260 Ideal place to short, trading near resistance.
Any Close below 2170 will open target for 2001 keep in Radar for Shorting Reliance
iam expecting bank nifty will have good bounce back at major 19700.trend line also act as a support
The stock has formed H&S pattern and seems bearish for the upcoming sessions. These are my personal views, follow your own analysis while trading.
Bullish Bias Buy above 322 for clear breakout Target 355 Stop Loss 298 levels
Can be shorted at CMP till 112 for risky players Safe players below 112 Target Open Stop Loss 125/127