Equity_OptionTrader

Equity_OptionTrader

Broke important support of 1900 and closed below it. Fall was steep and further fall is expected with next major support in 1695-1725 zone below which major selling can happen (200MA Support).

Equity_OptionTrader

If manages to hold on to the Parallel lines support on closing basis, expect a new ATH very soon. 790 is the only hurdle in between.

Equity_OptionTrader

Above 751, looks hot for 760. And above 760, there's no stopping at all. Keep in watch list! :-)

Equity_OptionTrader

There's no stopping at all. As long as 3150-3275 holds on WCB, enjoy the rally and wait for 4000+ soon! :-)

Equity_OptionTrader

#BALKRISIND Someone asked to check this chart and things are not looking that good. From Upper TL to Lower TL in one week. Yellow Support Zone marked here is the only hope to find support & bounce. Below this zone, we may again see 1600-1750 levels. @Capital_Growers @krishstocks

Equity_OptionTrader

Worth making investment bet now? This answer is uncertain for all the stocks. No one can predict future. Stock has already given a Triangle BO and now facing resistance at zone mentioned in the chart. Any dip upto 490 WCB should be bought!

Equity_OptionTrader

#NIFTYBANK After break out in Weekly Time Frame, it's approaching major resistance zone of 38800-39300. If it manages to give a weekly closing above zone, who knows we may even see 45K+ levels before Deepavali. Ha ha, too much to predict I know. All about if's and But's now! :-)

Equity_OptionTrader Updated 

Broke & closed above 200MA, very bullish as of now. An Inv. H&S BO also seen. May revolve around that slant TL & see 100+ in July series. Would face resistance around upper TL.

Equity_OptionTrader

#TATASTEEL Trading near good weekly support of 103-107 which should be held on Weekly Closing Basis. If yes, we may see a good bounce till 120/125 levels, that's good 15% rise. If not, we may see a good fall till 96-93 odd levels with 82-83 being ultimate weekly support.

Equity_OptionTrader

After a news based fall, stock broke & closed below the long standing Weekly Support Line. News based falls don't last much and next support of 2300-2330 is near, that may hold. Problem only if it breaks, then we may see another 200-250 Points fall.

Equity_OptionTrader

#PAYTM #Chart Classic VCP Break Out here. Ride to 770-775 highly possible here. However, that's also the area of concern. Major upside only above this level. Need to hold on to 650 on Daily Closing Basis for this to happen.

Equity_OptionTrader

Stock is constantly making new LL's & finally has come to its old standing support around 1580-1600 zone. If it's saved, may see a 100-250 points rise from CMP to make a new LL. If breaks and closes below 1580, expecting 1500/1400/1300 levels in coming days.

Equity_OptionTrader

Shouldn't close below 800 on Weekly Basis otherwise it'd activate the short targets of 600-550 in coming weeks.

Equity_OptionTrader

#BANKNIFTY is somehow managing to save 32000 with help from major banks. Tomorrow's 1st 1 Hour Candle would be interesting. If 32400 is broken and sustained, 32200-32500 is good support below which direct 32000. Above 32800, expect 32950-33000. However, range still is 32000-33000. Expect major directional movement only when one of the level is broken and...

Equity_OptionTrader

#NIFTY has been consolidating in 1 Hour time for a while now and it's time to make a big leap. Inv. Flag is a bearish pattern. If the Pattern activates, Break Down Target would be sub 14700 levels with minor support at 15200-15050 levels. However, if break down doesn't happen and pattern fails, above 15400 expect NIFTY to reach 15800 in quick time. In any cases,...

Equity_OptionTrader

NIFTY gave a good Break Out and closing on Smaller Time Frames. As long as above 16350 HCB, one can stay long for Target 16700 in coming sessions.

Equity_OptionTrader

BANKNIFTY: Perfect Channel Break Out in 15 Min Time Frame and retest completed. Should see 35300 tomorrow to meet resistance. If manages to stay and close above 35300, high chances of major short covering. Let's see!

Equity_OptionTrader

#BANKNIFTY 1. Had a good run alongwise #NIFTY. 2. It may see another 600-900 points rise. 3. Problematic is the area I've marked in parallel channel. It'd be a tough resistance to cross. 4. Only if #BANKNIFTY gives a closing above 37000, I'd be more comfortable going long here. 5. As long as below 37000, it's still in Sell on Rise mode rather than Buy on Dips. 6....