As most of the big banks look bullish on the chart. Bank Nifty looks super bullish for this monthly expiry
Kotak Bank is looking good for a long. You can buy the stock after the breakout of the trendline and hold it for the target.
As Wave 4 has ended. Wave 5 will start and confirmation will be above 18080. Then we can expect a target of 18044-18600 this expiry.
Trading well below 200 Dema. Looks a good short candidate
After Today's fall Banknifty has come down to a strong support . Probability of reversal is very high . Expecting a big move up on Thursday, Friday
We might see a strong reversal in coming days. As Nifty fell after testing resistance today . However its at strong support too.
Nice breakout on daily chart after the period of consolidation
NIIT Technologies after breaking all resistance is heading towards making new highs. Nice breakout on the up with good volume
If it pulls back from resistance towards the support then buy at support.
Positional View on Bata India Stock is in strong uptrend above its Daily, Weekly & Monthly High .
Huge downside for SBI if it breaks below the current level. Double top pattern is forming in SBI which when completes will give the huge downside to the stock
Crude Oil looks like a shorting candidate as it is in a verge of forming Double Top on Daily Chart