Cenchus

Cenchus

Self explanatory from chart

Cenchus

Buy Dabur near 505 with 498 and Target 520

Cenchus

Buy Havells near the trendline with SL 1% and Target 2.5%

Cenchus Updated 

Sell Nifty at 10540 with 10660 as SL and target 10000.

Cenchus

Nifty is heading towards trend line support 9820 on hourly chart. If it breaks this level then 9720 and below will be target.

Cenchus Updated 

Although nifty is at present in strong upside momentum but if downside resumes then 9520 will come quite fast. Sell Nifty at 10300 with SL 10520 and target 9520.

Cenchus

Keep watching this channel for a small trade on any side.

Cenchus

Nifty is likely to see selling pressure around this zone.

Cenchus Updated 

Similar type of structure is seen in Bank Nifty in comparison to the previous fall. This is the early sign of reversal. Go short with a SL of 21400 and target 18500, 17500.

Cenchus

Time for bulls over?

Cenchus

Go short with 9960 as SL.

Cenchus Updated 

Nifty has reversed from an important resistance today. Closing is below the highs of 9889 made on last day of May expiry. Objective will be 9700 and 9440. SL can be used as 9940 now.

Cenchus Updated 

SL 10040

Cenchus

Nifty is reaching the May series expiry of 9889. It needs to sustain this crucial level to go further up. Keep watching the early signs of reversal from this level.

Cenchus

Channel resistance in Bank Nifty appears to be at 19500.

Cenchus Updated 

The maximum i feel nifty can go is 9720. Currently the time is to sit on sidelines. One good trade is definitely coming.

Cenchus Updated 

What we are seeing today might be a smart distribution. Sell recommendation with a target of 24500