Yes banks NPA Issue limited to short period I think 1460 is nice Level with stop loss 1430 and target as 1844 midterm Thanks and Regards , Dipak Zed
Tata Communications looks like double bottom on shorter time frames So target may go to 20 Rs upside i.e 5 % gain risk is less than 1 %
Correction needs break out so still upside Valid for Target 9336 as upside target Downside we cold see only in correction So be prepared if have to short have longer correction 8526
Target Looks Like 1507 Channeling and bottoming are the main reason here .
Nifty Levels and direction that can be used in Intraday Trading
Nifty looks in profit booking mode as we have seen Life time highs and global clues also support it but intraday we could see it back to 9097 till it ranging in channel .
USD/JPY the most favorite trade now a days globally accumulating targets 107.50. Technical : This pair is little influence with technical but support and resistance matters in this pair in terms of technical .apart from it we are looking for channel as I have nicely mapped over daily but for short term trader I have marked it with 4 hr chart with recent channel...