Support and Resistance
BANKNIFTY: Weak Ahead, Weekly & Intra(17/09/18) FUT+ Weekly Spot26700 in DN Side & 27540 in UP side Looks crucial.
.... Spot & Fut. Levels plotted & mentioned on Chart.
IndianBank 12 Sep 18Go long for 325, 331, 337 Stop of below 316 on Weekly charts
Disc:
1. No trading position
2. For education purpose only
BANKNIFTY 13Sep18Buy with a target of 26,974 SL 26,768
Disc:
1. No trading position
2. Educational purpose only
Marksans Pharmaceuticals Marksans Pharmaceuticals
Can exhibit a further up move or down move depending on further confirming price action at resistance line/ rounding bottom formation.
Fundamentally the stock is not in a bad position.
If price action breaks out in bullish manner, one can go long for medium to long term
PEL Looking Good For Swing TradingPEL Daily Time-frame.
It as tested EMA 20 several times and took support.
Currently, It has tested EMA 20 and formed Inside Bar.
If you switch to Weekly and Monthly charts, both are in up trend and in pullback mode.
Just my observation, no recommendation to buy or sell.
SBIN LongPinBar reversal at key support level. Wait for confirmation
Buy Above 298 Target 319
SL 290
LOOKS GOOD TO SHORTPrice reversed from Resistance zone with LL/LH formation, Its good sign of sell continuation
Channel break.Rpower can move higher if closes above 34.7, if it couldn't sustain it, it will retest 31.8.
Break of 31.8 level can take it to sub 27-28 levels. WATCHOUT.
P.S. Hammer on monthly is making me have a LONG side bias.
Bajaj Finance - Support/ResistancePrice action will decide support/resistance. Explanations later for newbie's after market hours.
bulls on the board on techmbuy tech mahindra at 720 for the target of 745/755/780++ SL 680 TF 10 days
please ask your advisor before going to take position i am not responsible for your profit or loss..
Tatamotors may show a change in trend.The stock is on crucial support may show reversal, wait for any kind of pattern before entering any trade.
