If it is an impulse it is a perfect place to accumulate and sit tight to see the impulse get over. With strict stop of 845 we can go for buy @ current level. For impulse wave. If it is a correction then we need to wait for the wave formation . I’m not a sebi advisor Before taking trade refer ur financial advisor. This is for education purposes only.
Daily is looking very bullish and 4H timeframe has also shifted to bulllish structure. LUPIN is looking ready to fly
Banknifty level ………………………………………………………………………………………..
For TV1234..... but ESPECIALLY for JIKADRAVIPUL.... who made a comment on wave 4 going below wave 1......Here it is..... with every wave in detail . I have even marked out the LEVELS for YOU ALL..... I have gone to the extent of giving you on a platter the MINOR wave ii down levels as well..... Play it accordingly. This is a DAILY TF chart.... and whipsaws will...
As Per Chart Analysis. Today bank nifty Given falling Wedge breakout And Sustain Above High level in Intraday based. For Now bank nifty Is Facing resistance around 42350 For Upside if bank nifty break That level then we can see one bounce up to recent high which Around 42500.. Support Is 42000 short Only below 42000 For target 41800 41700 .
Shoppers stop sell as it is a channel breakdown+resistance takeing zone+reversal setup
Nice breakout in farechem organics can buy above the last candle high with 1:2 minimum take profit
NMDC BUY above todays doji high as it is a breakout +support+retracement doji formation with minimum1:2 tale profit
NLC INDIA buy above high of last doji candle formed,as the stock is on support +breakout+doji on support with 1:2 minimum target note this trade is valid only if it crosses high next day
VOLTAMP TRANSFORMER breakout retracement doji formation trade valid only if it crosses doji high next day with target of 1:2 minimun
NEOGEN CHEMICALS RISKY TRADE BREAKOUT RETRACEMENT DOJI FORMATION CAN GO FOR 1:2 AS SHOWN ION IMAGE WITH DOJI LOW AS SL,it is breakout trade with reversal candle + again reverse trade with cobnfirmation od doji high touching todays candle go for buy with 1:2 risk hai tjho ishk hai
Havells can short for atleast 1:2 on low breakout of doji,stock at resistanceas & high volume on doji candle with doji high above as sl
can look to buy above high of breakout candle with minimun 1:2,such a huge volume breakout
JUSTDIAL good to sell with doji high as sl with mjinimum 1:2 take profit,on pure doji +top+volume
BUY IEX only above todays doji formed candle valid for only one day if it dosent crosses doji high next day then the setup is deactivated,As it ia in support retracement+breakout+doji formation go for buyyyyyy with 1:2 as target minimum