short at 30200 - 30250 range stop loss 30400 1st target 29570 2nd target 28867 Disclaimer: All posts/views are for educational purpose only..!! Kindly contact financial advisor before taking position/decision.
nifty in grip on bear. any pullback will sold into. so trade carefully. nifty stoploss 11590. safer side it can be extended to 11648. 1st target 11262 2nd target 11138 3rd target 11012 if breach 10980 ( its going to be difficult for bears to breach this spot, if so happens then ) it can slide to 10822,then 10750, 10600. Disclaimer: All posts/views are for...
stop loss 545 can come back to test 520-530 , then short . if breach 490 can slide towards 1st target 412 2nd target 388
stop loss 628 don't short now wait for pull back wait for pull back till 600 to 620 range. 1st target 548 2nd target 511 Disclaimer: All posts/views are for educational purpose only..!! Kindly contact financial advisor before taking position/decision.
BankNifty seen major sell off in last day of the previous week wiping out 660 points in intraday. On daily scale it has formed double top kind of pattern and has given breakout below its neckline of 30223. Theoretically it can test 28525 which is height of "M" and 100% retracement of the pre-election rally. Due to the heavy correction it might see a pullback...
intraday levels in chart NSE:KOTAKBANK
Beauty of big M pattern is the good reward potential of reversing the complete trend from where it has started. We can see that stock has formed the pattern nicely and with little luck one can expect the price to the level of 90 which is a good reward. Stop Loss I leave at your discretion on your risk taking capacity. Disclaimer : All ideas are my personnel view....
Maruti Suzuki has formed a Pennant with a nice and long pole. The pennant has unusually taken 7-8 months to form and has now appeared to be broken. Its certainly working looking for a good entry point and then join this ‘SHORT’ ride!
We can see that BTCUSD is moving inside its resistance and support lines. If the breakout happens on the upside(Resistance line) then we can see $18000 which next big resistance as the rally is on bull mode. If the breakout happens on the downside (support line) then we can touch its nearest supports levels ($9700-$9000) as we can see trading volumes are going down.
Unless 1300 is decisively broken, Reliance remains Bearish
ICICI can test 405, if we see down trend had started, and we have seen large volume with price decline which shows market has created short on this stock.
short shri ram transport below 1000 on closing basis