nifty moving down in sharp downward channel.. today done 50% fib near 16900 next fib 61.8% comes near 16600 Till its in falling channel.. bears power will continue... sell on rise till its below 17190... FII is selling heavily.. and till they turn into buyers... no hopes for sustained upmove last rise of 18115 also came as FII did turn into buy just 2-3 days...
Bank Nifty looks amazing, as we saw it broke pattern 1 which was a simple channel pattern, As we zoomed in we realized 2nd pattern (marked in purple) which is called the triangle pattern, this pattern has already been rejected two times by sellers in the past(shown in the chart) today Pattern 1 was broken with a huge green candle this shows that buyers are in...
upl take support 4hr time frame breakout looks good to buy
Indusind Bank had given a breakout recently and after that has taken support at DEMA 20. Further the stock has also formed candlestick pattern Abandoned Baby Pattern.
#Reliance cash 31.08.2021 Reliance cash resistance 2280-2300 Strong if sustain above 2300 Cmp 2258
#Indusindbk cash 17.06.2021 Good support at 960-964 levels... (Make or break levels) Cmp 984.05
#Havells cash -Positional call 14.06.2021 Looks good above 1030.10 stoploss 1018 Tgt 1049-1050/1078 Cmp 1019.45
#TitanBiotech Cash 10.06.2021 Looks good above 366.10 stoploss 330 Target 420/500 Cmp 366-368
Although reflation risk propels EURUSD near one-month high, the quote battles the key hurdle from early December 2020 that probed the bulls during late-January. Not only the key resistance but the cautious sentiment ahead of the preliminary readings of the US Q4 GDP, expected 4.1% versus 4.0% forecast, could also offer near-term direction to the quote. While...
#SUNPHARMA CASH 07 OCT 2018 STRONG SUPPORT 590-592 NEXT SUPPORT BELOW 590 IS 570 IF WE HOLD 590.. WE WILL BOUNCE CMP 598
WE HAVE SEEN VERY GOOD UPTREND FROM LAST MONTH AND WE GOT CORRECTION AND PRICE CLOSE ABOVE THE NEAR RESISTANCE ZONE SO WE CAN LOOK FOR BUY
WE HAVE SEEN FIRST BUY MOMENTUM SIGN AFTER HUGE FALL SO WE CAN LOOK FOR BUY WITH SMALL SL FOR HUGE RETURN
TATAGLOBAL GOOD BUY ABOVE 228 SL 223 TGT 233/238 (CMP 224.5) POSITIONAL TARGET 240/260 SL 214
The stock broke out of a long term resistance near 610 on higher timeframe charts. Overall market correction may push the stock down to retest 610 zone again, which may now act as a support. This zone coincides with the rising channel trendline. I also expect that by the time the stock retests that zone, the 55 EMA will also be there (hand drawn on the chart) to...
HDIL has closed above S/R zone, next green candle and you can buy with target for 90, 92.3 & 96. Trail with SL if it goes any further. If goes below 85.8, short with targets of 82 & 80. These are my personal views about this stock, do your own analysis and trade accordingly.