bank Nifty looks bearish more fall come. psychological support 43000 support 42600- 42650 support 42000 trendline support 42300- 42600 head and shoulder breakdown level 41250- 41300 Rsi week = 32
Great Fundamentals. Support Level broke, Trendline Breakout.
If banknifty crossing 41800 we may see more fall and I'm also excepting banknifty to go till 40000 in future. Also I have kept my bags ready for shopping quality sticks at huge discounted price 😁
Wedge pattern formation on the weekly chart. Close above 665 will be considered as a breakout. BUY - 665, SL - 620 NOTE:- Please maintain good risk to Reward, as per your risk appetite.
On the Weekly chart, Bandhan Bank took support at 61.8% on Fib retracement. Now, if sustain at the current level and break 246, then will continue the Long trend. Buy Above 246, SL 214 NOTE:- Please maintain good Risk to Reward, as per your risk appetite.
Looking good Pole and Flag pattern on the weekly chart of Godrej Agrovet. Buy Above - 490, SL - 470 NOTE:- Please maintain good Risk to Reward, as per your risk appetite.
Looks like Voltas may break the wedge on the weekly chart. Buy above - 833, SL - 794 NOTE:- Please maintain good Risk to Rewards as per your risk appetite.
Indigo Paints waiting for Big Breakout on the weekly chart. Buy Above 1615, SL - 1491 NOTE:- Please maintain good Risk to Reward, as per your Risk appetite.
If sustained above 733 (current price), can be considered as a potential breakout. Buy above 733, SL - 670 NOTE: Please maintain good Risk to Reward, as per your risk appetite.
If breakout and sustains above 3840, can be considered for Long. Buy Above - 3840, SL - 3713. NOTE:- Please maintain good Risk to Reward, as per your risk appetite.
Eicher Motors 3384 dated 25-10-2023 1. Today's candle @ support line Sell below 3365 target 3325-3290-3275-3250 SL 3410 It is just a view, please trade at your own risk.
Banknifty has given a trendline, double top & a complex H&S breakdown. Have a short bias until the index closes above the trendline again. Retest of trendline highly likely as the markets have been oversold since couple of days. If the rally is on back of weak candles and volume, expect more downside to unfold in coming weeks.
Nifty is at a crucial trendline support which has been in formation since over 2 years
I'm a scalper and I usually trade for few minutes with small profit and loss But looking the at the market I exited early and if I would I've holded my positions. Min 40 to 50 percent returns were confirmed. Many of you would have there portfolios in red, but don't sell in panic as diwali is coming and a reversal can be seen I'm excepting sideways in market tomorrow
ADX:ADCB I think Abu Dhabi Commercial Bank is near end of it's bearish trend. It's a triple three complex correction. which is wave WXYXZ form and I think it's in wave Z. Abu Dhabi Commercial Bank is near the end of bearish trend and soon stock will start moving up. To complete the triple three complex correction in this stock price has to go below 7.63 which...
Angel One Cmp 2235 dated 23-10-2023 1. Dark Could Cover @ top of the chart 2. RSI Divergence Sell below 2210 target 2180-2150-2130-2105 SL 2250 It is just a view, please trade at your own risk.
PVR Inox Cmp 1617 dated 23-10-2023 1.Three Black Crows Candlestick @ Resistance 2. RSI breakdown Sell below 1608 target 1585-1570-1555-1545-1530 SL 1655 It is just a view, please trade at your own risk.
After the slight downtrend of the last 23-10-23 we are at oversold levels for the day As we can see rsi is oversold and macd is converging and also we are at the orderbox support Conclusion We are going sideways today Kindly leave the trading for this week cause we are gonna have lots of traps and sideways in this week Dont trade until we broke the support of...