The greater the price action of higher time frames, greater is the possibility to go towards the directed movement. Stay humble stay focused work hard.
Weekly charts are really amazing to predict the future movement as there is very less noise. Might go incorrect but feel some rejection towards upside and if appropriate price action shows up, maybe a correction can be seen.
Nifty tends to finally break and just flow in turbulence to finally feel resistance near the golden fib ratio, thus, its really important to identify it and predict what can happen next. stay tuned. stay blessed stay humble work hard.
BYKE, looking to push through resistance right here. Find out why we could see new highs this afternoon if close or moved above 35. Looking at the trough it seems that there is no blockage of any kind to move the price up. Buyers are increasing from 33, if price move 35 above is no worry for Inevstors or Swimming traders too. Past Resistance has been broken...
Nifty is making a clear head and shoulder pattern on weekly . And also made shooting star candle on daily following a red candle of today you can short nifty at this level. My targets for month end will be TARGET 1 -10760 TARGET 2- 10580 TARGET 3- 10200
Feeling good for BPCL This is just for Educational Purpose. Looking good for delivery base buying for 3-4 months
For Educational Purpose only Suggestions and view are welcomed.
Given chart we can clearly see that SRTRANSFIN Took support exactly at 78.6 Fib level If it trades below this we can see the 61.8 Fib levels in Near future within 2 days i think. TARGET 1- 1192 TARGET 2- 1180 TARGET 3- 1160 FINAL TARGET GOOD LUCK
After a very good uptrend i think trend is changing now with this breakout on downside. you can see this on chart clearly it broke out the trendline and also the head and shoulders pattern is also there. my targets for this trades are TARGET 1- 709 TARGET 2- 701 TARGET 3- 684
Risk: Reward is 5.9. SL 330 Target 375
PTC INDIA LTD : Intraday Long & Short Calls Buy @79 Target @82, 86 Sell @76 Cover @73
TVS MOTOR COMPANY LTD : SHORT Positional Short @462 Cover @440 Mar Futures
ABB INDIA LTD NSE: : ABB Long & Short Calls 1,2 week levels to watch out : Buy Above : 1260 Target : 1270, 1276 Sell below : 1240 Cover : 1233 Short term target : 1300
PUNJAB NATL BANK NSE: : PNB Long Call buy Above : 76 if closing above 76 for one or two sessions. Target : 78.4 , 80.2
GAIL INDIA LTD NSE: : GAIL : Long & Short Analysis Upper Levels : 330 ,332 , 335 ,337 , if breakout trendline then next stop at 341 Lower levels : 323 , 317 , 314 , if ssutains below 314 then next support at 311
AXIS BANK NSE : AXISBANK Short Short : 685 targets : 677 , 670 targets could be achieved within a 1,2 weeks gap need to be filled of about 23 points from 660-683, our short will try to fill this gap.
TATA STEEL LTD NSE : TATASTEEL Long buy Above : 504 sl- 498 T1- 507 T2-513 T3-519
Nifty is in bullish now, next target of 10930, 10980 (major resistance). Also it forms head and shoulders patterns, so long view says downtrend. 9300 range.