Bank nifty weekly analysis levels marked on chart still some bullishness left in this script
Nifty weekly chart support and resistance last week formed spinning top candle so it is important for any side momentum maximum upside is 17700
Zydus formed HL formation pattern and recent Bullish harami is the best one once a daily candle closing above this pattern will lead big move
The stock is looking above todays high for nother 5 % move
As long as tata steel holds 106 level we can look for buy setups
Olectra Green results posted were amazing and time for bulls Buy above 661 SL 600 on closing basis
i tried to find out weekly resistances and marked on the chart. Big fall is expecting as price rejected the trendline and huge selling came in last one hour of friday...
banknifty following in channel pattern in next week if Thursday high is crossed and closed in green on Monday then price channel top might touch in coming weeks. if not this will sideways till control line(middle one). If control line broken and global scenario supports we wll see more downwards... ONE MAJOR THING IS PRICE ALREDY COMING FROM VERY LOW CHANCES ARE...
lets wait and watch price action
lets price decide which side to go and decide your direction.. Please comment your view..
Voltas after moving higher and couldn,t make new high and came back to trendline support but alwas dont jump into trade after 1st pull back lets test price spent some time and make one full green candle then we can resume uptrend.. If trendline broke doesn't mean it will fall it may take sideways .. PLEASE COMMENT YOUR VIEWS
it may spent sometime here or it will move up let price decide its direction.. i am practicing charts here for my improvements PLEASE COMMENT YOUR REVIEWS FOR NEW TRADERS THAT WILL BE BOOST OUR KNOWLEDGE
Dollar in international market becoming weak so it may follow this trend line and go down /... One of my Guru said due to some interest rates and bond yields issue dollar value decreasing
Look at channel i have been waiting for price to come at bottom so it came and now if sustains above 640 levels look for good targets
Wipro same like HDFC Life script check for my analysis on HDFC life for detailed explanation
After downtrend this script formed Bullish harami pattern followed by bullish candle will it sustain ?? if todays high is breached then will upmove otherwise check W pattern