India Bulls Housing Finance looks good to me. However, need to wait for the price to correct a bit and let touch the trendline and support zone. If it holds and shows and reversal candlestick pattern, I will take long position in IBULHSGFIN with a Stop Loss at 120. Happy Trading! Akme Analytics
Banknifty is likely to remain calm today. However, the break of yesterday's high and low may change the trend. So, better watch those key levels and trade accordingly.
BankNifty may likely to give breakouts in either way. If Red upward trend line breach, then you may witness a downside. In case the green resistance levels break, where multiple resistance is there, then Banknifty may rally.
Banknifty looks bearish and if it opens gap down then wait for a pullback to enter. Lower timeframe 1M or 3M will give you a much more clear direction.
Banknifty forms bearish rising wedge. Break of this pattern may drag Banknifty further down
Breakout expected at either level. Take your position depending on which way BankNifty go.
Banknifty likely to move higher and looks bullish
Nifty likely to resume its uptrends towards 11000 levels and might go till 11200
Nelcast might break the red trendline and if it breaks then you may witness 53.50 followed by 56. In case it breaks the support level, then there is high chances it may touch 45 levels. Happy Trading Akme Analytics
BankNifty makes a Wedge pattern. If it holds and giver reversal candlestick pattern near the upward trendline and above black horizontal line then you can expect upmove for next week. In case it breaks the trendline, then do not short BankNifty rather wait for it to re-test the trendline.
Nifty50 is weak and falling facing resistance at a higher level. However, if it holds 10630 levels, then you may witness 10800 followed by 10900. So, my personal view is to go long if Nifty50 holds 10630 with an SL at around 10550 levels. Risk- Reward is also good. Happy Trading! Akme Analytics
Short CrudeOil (MCX) Near the red downward trendline. Use a 1 Min time frame to enter into the trade
Shorting Opportunity in Silver Future (MCX). Use a 1-Min time frame to enter.
Buy ACC near 1300 with an SL at 1217 for a target of 1425 followed by 1505. The view is for short term investment purposes only.
Buy Tinplate if the price breaks the downward trendline and then retest the upward trendline. Three Targets has been given with Stop Loss at 111.90
Shorting opportunity below 19000 with an Sl @ 19310for a target of 18500 Disclaimer: All views and chart analysis shared are purely for knowledge and information purpose only. Our analysis is intended only to provide general and preliminary information to investors and traders. It shall not be construed as the basis for any investment decision or strategy. Our...
Shorting Opportunity below 17800 for a Target of 17665 followed by 17510 with SL at 17955 Use 1-Minute Time Frame to enter into the trade. Disclaimer: All views and chart analysis shared are purely for knowledge and information purpose only. Our analysis is intended only to provide general and preliminary information to investors and traders. It shall not be...
Shorting opportunity in MCX CrudeOil Futures if the price breaks the trend line and stays below the shorting zone. SL: 2630, Target1: 2559, Target2: 2536 For the better time your entry, you can use a 1Minute time frame. The analysis is valid for today only. Disclaimer: All views and chart analysis shared are purely for knowledge and information purposes...