Nifty Target and Prediction - Support & Resistance -08-06-2021Check out daily Nifty Target for Intraday & Nifty Prediction for Tomorrow.These Forecast are based on some of the most used Technical Indicators; hence, they are expected to give accurate predictions.
This Index Target, Forecast or Predictions should be used only for reference & educational purposes. The Data or Information provided may or may not be accurate or reliable for Investment & hence, should be used at one’s own risk.
Targets
ADANI PORTS TARGET ACHIEVEDSuggested a long trade on adani ports on 31st May with entry at 796. It achieved out target 2 in just 5 days, and NOW ON 7TH DAY IT ACHIEVED OUR TARGET 3 EAILY!!!
TARGET 3 ACHIEVED IN JUST 7 DAYS!!
FROM 796 TO 870 IN JUST A WEEK!!
9.5% RETURN IN JUST 7 DAYS!!!
FOLLOW FOR MORE AMAZING IDEAS!!
Invest Now HindcopperAll level mentioned on chart.
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ANOTHER INVERSE HEAD AND SHOULDER, POSSIBLE BREAKOUT OVER CMP!!!Stock is all set to give a big move after a lot of consolidation on the lower levels, stock can give a breakout once it breaches the CMP. A long position can be taken in the stock with the mentioned stop-loss for the respective targets.
Tata Motor Dvr Technical Analysis .Hello friends , Today i have the technical chart Of Tata Motor Dvr Technical Analysis . Friends as you can see here that it is making Double Top chart pattern which means it can go down and it is down . You can take its Stoploss at 61 Rs and Neck line at 57.10 Rs Its target you can take is at 46.60 Rs as shown in the picture and I have also shown that it can come once to the trend line and take resistance and then can go down . You can see there that the upward " Movement " of the stock Due to the chart pattern " Falling wedge " You can also see the " Decline and Weakness in The Volume " which is now in the " Double Top " and before if you see the volume it was very strong and going upward but now i think it can go down . Thank You . If you like this Idea and this Analysis just please like this idea and leave a comment i will surely try to improve it or if you have any doubt related to this you can write in the comment. Bye Bye .
Vakrangee Technical Analysis .Hello friends , Today i have the technical chart Of Vakrangee . Friends as you can see here that it is making Head and Shoulder chart pattern which means it can go down but if you see closely that it can also break and can go up . Because it is also in a symmetrical triangle type chart pattern so it can give you a breakout and can go up or it can go up from here Because as it can go up from Neck line . Its Neck line you can take is at 25.90 rs and its target i have shown in the picture is at 17.60 rs but don't be panic because if you have taken position of short selling because what is the rule of Head and Shoulder that if it give you a break out and you have sold it then you have to sell but it can come to trend line one time and if it comes to the trend line and go up than it over this trend line which i have made than you can close your position but remember that i am not telling you to buy or sell from here i have just given you idea so you can take position whatever you have taken your decision but from my opinion it can be range bound on my lower trend line but remember if it breaks the rangebound for anywhere up or down you have to see if the volume should be up from the other volume where it has given break out . Thank You . If you like this Idea and this Analysis just please like this idea and leave a comment i will surely try to improve it or if you have any doubt related to this you can write in the comment. Bye Bye .
Targets for Nifty for this SwingToday Nifty breaks its previous high of 10300 and closed above it. Now its previous higher level of 9800 becomes its strong support and Nifty seems to be strong for this swing rally with its previous resistance of 10280-300 as support zone. Now Ganns cycle of 9610-10250-10890 is active and soon we may see Nifty touching Gann's levels of 10890-11K in coming days. With in this rally, these intermediate Gann's levels 1041-10570-10730 may also provide resistances and Nifty may take some breathe at these levels before taking its next step up.
Disclaimer :
Trading is never ever recommended as it is injurious to mankind. This is purely my study based on technical charts and for educational purpose only. Please do your analysis before taking any trades given by me. I MUST not be held responsible for any profit or loss out of any trades you take on our advice.
Long or intraday can be done for m_m.A good channel can be seen.
Plan 1.
Right now the price is near the bottom of the channel(484.20).
Investors can start buying if the market opens with a small difference(up to 479.05) or at the same price.
Target expected here is next resistance 495 after this psychological resistance of 500 and then 515.85
Plan 2.
Simply you can follow the channel until it goes out of the channel (buy on dips).
Tip:- Plan 2 seems simple.
Tata Coffee-Enjoy the Coffee in The Cup
Thanks for your precious time & do put your feedback below in comment section - I would love to hear from you. Most of us can learn as well -
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Correction -
Sorry using "circular shape" over the video - Its a curve shape from 168 to 185 - silly mistake -happens.
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Trading Strategy
Plan A -
19:57 Hrs / 14th March 2019
Last Price@95.35
Buy If you get dip somewhere close to 90 & 85's - obviously you should throw away the cup if 80 gets broken that should be understood.
Target 1
120-140
Target 2
Above 140 - 175-185
Target 3
Above 185 - It should not move below 175 post crossing 185 highs then look for 250-280's as suggested over the video.
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Image of the Coffee on 26th Aug 2018
Enjoy the Coffee in The Cup - With Double Bottoms@80
Cup & Handle Pattern
A cup and handle price pattern resembles a cup and handle where the cup is in the shape of a "U" and the handle has a slight downward drift. The right-hand side of the pattern typically has low trading volume, and may be as short as 7 weeks or as long as 60-75 weeks- roughly a year and half.
The fall from 185 in Nov 2017 shall complete a year in Nov 2018 so that would be the period or time zone plus couple of months more- one should be alert as its aroma could spread across the globe & everyone would be interested to take a sip.
Cup and Handle Stops and Targets
A profit target is determined by measuring the distance between the bottom of the cup and the pattern’s breakout level, and extending that distance upward from the breakout.
Successive breakout zone shall be above 175-185 & I am taking conservative target measuring 85 points which is depth of the cup above 168-170 zone or above 185 as shown over the video, which gives a roughly target zone of 250-280.
Once it breaks out & above 140 key level –make sure it never returns back below 140-135 zone else that could be risky.
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Trading Strategy Suggested on 26th Aug 2018
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Trading Strategy
Long Term Strategy
Plan A –
Wait for the stock to cross 140 & upper trendline of the handle & maintain stops below 135 once it crosses above 140 – Target Zone -175-180 & Above 185 – as 250-260.
Plan B -
Look to buy above 175-185 zone & keep in mind –price should not dip below 175 after crossing the zone of 175-185- Target Zone 250-260.
Plan C -
Plan to buy in 80-85 zone with strict stops below 80 – if goes below 80 –Throw the broken cup.
Short Term Strategy
Plan A –
We look to sell from 115-117 zone with stops above 118.50 for target 112 – 106- 101
Plan B –
Buy above 118.50 for 121-123 zone - book & out.
Plan C –
Sell from 122-125 zone with strict stops above 128 – Target zone -118 -112-106 - 101
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Trade setup RaymondsA close above 820 would be a bullish sign.
Further i believe that the Raymond is in clear downtrend and it fails to hold above 715 levels in coming weeks then we will see it testing 620/550 levels within this financial year.
Please do your own research before taking any investment decision.
GBP/USD - the pair has overcame the resistance levelThe price is fixed above the psychological level of 1.4 at the moment. So we expect further growth of our pair.
It has overcame the resistance level and had been over the upper boundary of the triangle. Therefore, we will expect further price advance up to approximately the level of 1.42 from which a price correction is possible.