Nifty looks like will test 23200 level for once and then resume its upward movement towards 23800-24200-24800. Its lacking the momentum as of now.
Bank Nifty has given a strong breakout and we saw 2000 points rally as well!! above 51900 it will open doors for 54100.
Nifty has give a strong close above 22222 level, also has created inverted H&S and making Cup and Handle pattern near ATH level. ANy close above 22550 level will open doors for 23300 soon !!
Chamanlal Setia Exports Ltd (CLSEL)
Bullish on this stock. Even with so much of panic selling in the overall market Volume on the bearish candles are not so great.
Stock is in the uptrend.
Forming Hammer candle near 55 SMA level which is also 0.382% level of Fibonacci retracement which might be a sign of bounce back.
Target 1: 135
Target 2: 140
SL for a...
M&M is Trading all time High Between the range of 120 to 1285
The Stock Gives a Breakout from the range and make new all time high close at 1310
If it sustain at this levels we can see further upwords moment in this stock
The rally continues for the benchmark Nifty index as it gains another 157 points in today's trade to post a close at 18,241. A look at the last ten trading sessions, and we notice that eight of these have been positive closes - such has been the strength and resilience of this recent uptrend. Most sectors and heavyweight stocks have also participated in this...
IN THIS VIDEO I HAVE SHOWN SOME IMPORTAND POINTS REGARDING HIGH AND LOW STRATEGY
-High / Low strategy: Key Points
-Understand the Direction of Market / Stock
-with previous Day candles High & Low
-Stock Selection: 2 to 7% work well with 52wk High/Low
-Mark Support and Resistance in a Day time
-Then check in 15 mins time frame frame
-Keep SL as days...
Today it was a range bound day, not much move.
On Daily chart Nifty has formed a Doji kind of candle, but as there is no trend and it is in the middle then it is not worth to think about it.
So what next?
Tomorrow I am expecting a bullish day by looking at the market structure and structure is higher high and higher low. Above 11430 I am looking to buy, but...
