In Asian Paint After the triangle pattern breakout, a big rally coming for short term. It can be used for swing trading or positional trading.
Buy Hero Motocorp at cmp 2432 target:- 2729 Stop Loss :- 2272
here is the chart of AJANTA PHARMA which shows triangle pattern. bias shows a bearish view.
BPCL Long term chart with accumulation and stop loss - Technical Chart
NIFTY TECHNICAL VIEW FOR POSITIONAL LONG
This pair is trading in a clearly defined bearish channel, and the current price is close to the resistance trendline. One warning sign in contrast to the overall bearish picture is perhaps today's (Thursday) rather bullish candle. However, since the price is still below resistance, the downtrend remains intact and additional bearish signals that appear here...
Nifty 50, Will be Heading towards 12000 again, trying to break 11200. If fails to break 11200 then next support at 10600. Small but Important resistance levels also marked in study chart. This is my own study, please do your study before taking any trade. -- Sanks90
Keeping it simple, long term supports and resistances are marked in the chart. The selling pressure is high as foreign investors are pulling out of the Indian markets and the government acting against the market's expectations among other reasons. The sentiment is bearish. If nifty breaks the current uptrend, then we're looking at 10500/9950. In case of a...
Expected trading range: 11150 - 11010 Support @ 10980-90 Chart tells the rest ;)
Short UKOIL - Target 62.50-63 Confirmation - Long Upper Wick We are presently within a triangle. Crude to head lower. Target - 62.50-63
NIFTY50 will most probably find support around the trend line. Wait to buy when it forms support around the trend line. If it breaks the trend line it may find next support around 11426 as it might fill the gap. WAIT FOR SUPPORT OR BREAKOUT AROUND THE TREND LINE. ALSO, support is present at 11360. If the trend line breaks the first target can be 11426, the second...
BUY DIVIS LAB FUT @ 1660 BUY 1660 PE @ 59 SELL 1740 PE @ 25 MAX RISK : 12500/- MAX PROFIT : 20000/- REQ CAP : 1.7 LAK BOOK PROFIT IF YOU WILL GET RS 7000/-
If BTC crosses 8500 level, the next resistance will be at 9400 which it needs to crosses to reach the 12000 zone as marked in blue areas. the up trend is also confirmed by MACD as it is not showing any divergence.
SELL CMP 571 ADD MORE AVERAGE NEAR 620 TARGET 520 POSITIONAL ( TIME HORIZON 3 MONTH ROLLOVER DERIVATIVE CONTRACTS) @Disclimer:- Make Own Research Before Take Action in Recos This Post only For Education Purpose Only Follow More Live Updates :- Youtube/Telegram/twitter :- @NseDerivativeDesk Query on Whatsapp:- +91-7440557654 Thanks !!
banknifty as near to strong support, this level not easily cross by banknifty as per market condition. Rupis (RS) is strong againts Dollar and also FII is strong, and important thing is some experiance researcher say banknifty goes up to 35000 in near two months, banknifty goes down 300 point and more and after it level be resistance if banknifty crossed this...
Bitcoin has risen from $3121 to $4250 in 5 Elliot Impulsive Waves. By the time we reached $4250, the Bullish momentum has ran out. RSI was oversold and also StochRSI showing weakness in Bulls. Since then, we're in ABC Zigzag correction. Currently, we're in C wave and possible target would be $3550 which is also 0.618 Fib level of this overall Bullish rally.
USDJPY pair looks weak and can test 110.70 -110.50. Trending below short term moving averages also keep upside limited and act as resistance.