It's in the accumulation phase here.
One can collect it in between 127 to 141.
147 is of high resistance.
If it breaks 147, then we can see 160 and 190.
Play with a strict stop loss of 127.
Nifty - Technical Analysis:
-Nifty gapped up good today around 11400 and closed at 11378
-Nifty got back in trading range and not move on wither side is possible with a bullish bias
Market - Driving Factors:
-Gains in index heavyweights HDFC twins, Asian Paints and Axis Bank
-Bharti Airtel, ONGC, Tata Steel, HCL Tech and RIL were among the laggards. Of 30 Sensex...
Short at 120
SL 126
Target 95
RR 1:4
Disclaimer
As BEL is related to defence, govt is taking stringent actions on imports of military goods.
Due to the news the stock is moving higher.
So this call is related to pure technicals not fundamentals.
Nzdjpy is in a very healthy uptrend with parallel channel . The price is making new support and resistance levels again and again in a parallel channel .
ril long at givin point and get book profit.
you get 1:4 RR ratio.
that meansgood profit.
there is gap up so ril come at that given point to fill that gap.
