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"" DAILY CHART ""
This is simply to draw your attention, ITC.
Low - 134.85
CMP - 151
CMP - Low = + 16.15
Logically speaking, there is a risk of losing 30% and reward 70% for investors as following trade setup:
Buy @ 148, and 2nd Buy @ 136 nearby with stop loss below low.
The final target for a long run level 220 above, and easy target at 178.
Technically, We will get a price...
My follower, I awalys insist on telling you the truth. Here is my question and also might be for you "What will be the price to enter?" I am looking for it and find it for you and shortly I will tell you.
Banknifty Tool That will give you goose bumps for your profits.
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Series of tails, means are existed still. Volume with price fallen was existed by investors.
Next Support 775 and current support 885 nearby. I suppose to take target downward at 778 nearby shortly. if price fall below 884.
Careful for holding this stock below 884...
A parallel drawn support and resistance line. Remarkable point: this stock always been seen in a Rhythm. if Rhythm holds the same, then definitely Investors will take a step between 1038-1008. Final support is at 924 if breakdown 1000 below or closed.
The point to be marked: Whenever there is a change in normal / avg. volume, stock takes U-turn which is positive...
In the last update, I told you to short sell this stock at 2221 and 2245 and the price was fallen up to 2102 (missed target 2083). Again we are seeing a bounce back in price 2270. Let me create a sample of trade setup for you:
1st step to trade short side 2290 nearby
2nd short sell will be at 2315 nearby
Suppose achieve both trades, then...
This trade plan only activates when bank nifty follows the TRADE PLAN 1 published earlier this morning.
Important levels are mentioned on the chart. Reversal downward is most likely between 22/04 1400hrs to 23/04 1030 hrs.
Views are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk.
"Always Respect Risk"
Dhiraj Singh Bais
Banknifty may fall
But it can also give an upper breakout
Reason is news
If relief package is announced for small businesses, then market may open in green
If you have any doubt, comment below.
The Pharma sector is been pushed up based on the idea that due to corona the pharma sector will benefit. But one can certainly say that there is no structural or fundamental change in the business. Hence I think this rally in pharma is only temporary.
Based on the delivery % and depending on the total traded quantity. I think from 13/04/2020 the stock will start...
Almost 120 points fall predicted on TATASTEEL.
Reversal can be from now. So i suggest to book profit on this stock.
Look this chart was updated by me last month. Almost 120 points fall from my short-selling level.