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Support 574 to 879 for targets 2 days of trading secession 605 to 614
Breakout Pivot 615 above for targets 680-689.
Buy in dip because protective stop is below 570,
Good day! In my previous post, I explained about how the bitcoin parabolic move could end and mentioned the targets and now the target 1 is reached which eventually gives the good Short opportunity.
Find the short position targets in this chart.
Let me know what charts to be analyzed in the comments.
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the stock had seen a good fall from past couple of days and hads successfully filled the gap , while other stock like icici sbin kotak may witness a fall , this along with hdfc bank and rbl bank can give a good upside retracement.
This value area channel has completely in tight trend.
Support at 30234 nearby exists which can react with smaller penetration.
There is require big -ve new to break this channel, therefore I am thinking for U-Turn nearby the support.
Price is in string downtrend and it is trading lower. Price breaks down from a two-week consolidation with a long widespread bar. The momentum is accelerating on the downside. Sell for a decline to 395.
Sell at: 424
Banknifty is going to make DOUBLE TOP as mentioned in the chart.
A QUESTION is only, that should it cross..?
The answer depends on many factors, volume, news, thought of the smart move, etc. I am 100% sure and let you know before it happens. Keep your eye on volume and sentiment of Smart Market will result in you.
Nifty closed at Resistance 11925 with double top formation.
If everything is fine, then the target will 11966 above and support can work as 11885 intraday.
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Long side trading preferable with using strictly protective stop.