Sunpharma Breakout with volume and retest of the trendline now ready to move upwards it is following a upward trendline. however it has stiff resistance at 483 to 485 levels if it crosses it then it will easlily touch psychological level of 500 as there is no resistance in between. so just wait and watch to break the level of 483 to 485 then buy it for a target of 500.
Positive trend noticed in NIFTY on short term time frame. NIFTY is expected to be positive till 23rd Sep even after biggest drop today (3rd Sep). The price touched lower line in trend channel and it is perfect price to enter into market.
Keep notice NIFTY progress after 4th Sep, 2019 11:45 AM. The NIFTY should turn positive after 11:45 AM. Incase NIFTY fall...
As posted in my previous Idea post, The bullish Cypher pattern activated from the level it should. Check my previous post in the link i have given.
So what Nifty will do on 19th Aug?
A bearish BAT pattern is formed in 15 min time frame.
So what should be the strategy for 19th Aug for Intraday?
Sell nifty @11060-75 on a 5min lower low lower close formation.
Target 1 - 1950 , Target 2 - 1980 , Target 3 - 1000
SL 880 (NOTE: If candle will go to 907 and retrace up to 900 on same day and closes below 900 then i will suggest to book loss of 6-7 rupees per share.)
NSE: Vaibhav Global -Is it a Buy for Second Breakout to 921?
Since the last breakout from level of 621 on Oct 30, 2017
Stock is consolidating in the range of 796 to 639.
During correction fell from 779 to 579 level.
Bounced back from 579 to 767 and trading between 735 to 701
Charts showing triangle formation
Technically with long at current level, stop loss @ 678...