Triangle
Bank Nifty - Analysis for Nov 22After any consolidation there will a big move. Will it happen today? Bullish level 42400, stop 42340, target 42460,42520,42600,42720 and 42800. Bearish level 42280, stop 24360, target 42220, 42160, 42060 and 41960. Any one who trade with strategy and manage risk can become a profitable trader.
2 Symmetrical Pattern trades, Index Ideas for 20 October marketsI daily make educational content videos on financial markets.
Bank Nifty - Weekly Review Oct 10 - Oct 14Patterns in chart : Symmetrical triangle formation near the support 38600 - 38850.
38600 - 38850 is the nearest trend deciding level and sustaining above that will make the price to give another 1000 pts move towards 39660.
If the price stays below 38600, then it will move towards 38300,38000,37650, 37500.
Note : Take trade when the trend direction is clear to you.
TataMotorsIn daily time frame, price is at trend line resistance now. 417 – 420 is strong resistance. Price have to sustain it to move towards 424,430 and 435. Bearish below 413 – 416 for the targets 409, 405 and 401.
Note : Understanding trend strength is important to trade in this volatile market. Place stop order once you take an entry.