InvestPro_India

InvestPro_India Updated 

Today was a highly volatile day. Nifty opened with a gap-up above 21500 and we saw a good up move in morning towards 21600 odd levels where we saw a fast profit booking but Nifty took a support from trend line around opening price and gave another rally. In 3 PM candle Nifty gave a breakout and we saw quick 80 - 85 points move. For tomorrow, if Nifty opens flat...

InvestPro_India

Adani Ports has strong resistance zone at 1050 - 1080 and formed a bearish pattern at the top. Sell trade can be initiated in the resistance zone for the marked targets on the chart until 1120 is intact on the upside. To motivate us, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India

InvestPro_India Updated 

Today Nifty opened flat and after taking support @ 21350 we saw good up move and some selling from tops. We bought 21400 CE in morning which we booked with good profit and then also bought 21550 PE which gave a decent profit again. For tomorrow, if Nifty sustains above 21480, we expect to see more up move towards 21520 and above marked levels. However, if Nifty...

InvestPro_India

Balrampur Chini is trading near it's demand zone and it has taken support from this zone multiple times. The risk reward looks good on the Long trade, Buy around 380 - 350 and hold for the target of 460 - 475 until 350 in intact on the closing basis. To motivate us, Please like the idea If you agree with the analysis. Happy Trading!

InvestPro_India

Tata Power got rejection and formed a resistance zone @ 330 - 340. Until it sustains above 350, the stock will remain weak and we are looking forward to see downward targets. Take sell trade between 340 - 330 with the SL of 365, Targets for downside will be 285 and 260. To motivate us, Please like the idea If you agree with the analysis. Happy Trading!

InvestPro_India Updated 

Lalpath was consolidating near resistance zone and giving breakdown on the lower side. We expect to test lower trend line which gives almost 200 points of move. Short trade can be taken in Lalpath and refer to green lines marked on the chart for targets, trade will be valid until top red line is intact on the upper side. To motivate us, Please like the idea If...

InvestPro_India Updated 

SunPharma has formed a bearish pattern and until it sustains above 1260, will remain weak and we expect to see 1190 and 1175 on the downside. To motivate us, Please like the idea If you agree with the analysis. Happy Trading!

InvestPro_India

Nifty has formed a bearish candle yesterday i.e. 20th December and RSI also giving a bearish signal. Risk reward looks good in sell trade and Sell trade can be initiated around 21500 levels. Positional Sell: 21500 SL: 22128 (628 Points) Targets: 20535 (965 Points), 20212 (1288 Points), 19885 (1615 Points) To motivate us, Please like the idea If you agree with...

InvestPro_India Updated 

AxisBank has formed the bearish pattern at ATH and if breaks 1108 on the downside, we expect to see 1045 and 1000 in upcoming trading sessions. To motivate us, Please like the idea If you agree with the analysis. Happy Trading!

InvestPro_India Updated 

BankNifty is trading in a channel on hourly time-frame, facing resistance at the upper line and now we expect it to test lower line of the channel. To motivate us, Please like the idea If you agree with the analysis. Happy Trading!

InvestPro_India Updated 

Reliance has given a breakout of a falling trend line and sustaining above that and looking good towards marked target on the chart. To motivate us, Please like the idea If you agree with the analysis. Happy Trading!

InvestPro_India Updated 

Nifty made a ATH at 21492 on Friday and today we saw some selling from higher levels. We have taken STBT position in Nifty and will looking for a sell opportunity in Nifty if it opens flat or small gap-up tomorrow. We expect to see lower levels around 21340 once Nifty sustains below 21420. Expectations: Volatile Day Intraday Levels: Buy Above - Not looking for...

InvestPro_India Updated 

BandhanBank is trading near it's support zone and looking good for upside targets marked on the chart. To motivate us, Please like the idea If you agree with the analysis. Happy Trading!

InvestPro_India

Today, we didn't get a trade as per set-up because of the big gap-up. Yesterday we seen a big upmove in US markets as FED kept interest rates unchanged which supported today's rally in Indian Markets. For tomorrow, Nifty looks good if sustains above 21225 for the targets of 21265 and upper marked levels. On the other side, if Nifty breaks 21150 on the downside,...

InvestPro_India Updated 

Nifty has formed a double top on 15 mins time frame and expected to test lower levels. Sell @ 21160 SL 21210 Targets - 21120, 21085 To motivate us, Please like the idea If you agree with the analysis. Happy Trading!

InvestPro_India Updated 

Bergepaint is trading near resistance zone and we saw a sell-off in past from these levels. Short trade can be taken in Bergepaint and refer to green lines marked on the chart for targets, trade will be valid until top red line is intact on the upper side. To motivate us, Please like the idea If you agree with the analysis. Happy Trading!

InvestPro_India Updated 

Naukri (Infoedge) has formed a double top on daily chart which is a bearish pattern and expected to come towards 4520 and below levels until 5100 is intact on the upside. To motivate us, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India Team

InvestPro_India

Today BankNifty shown strength, taken bounce from near our sell level and we saw a good up-move in 2nd half. Tomorrow, if BankNifty sustains above 47200, we expect to see the targets towards 47320 and upper levels on buying side. In case BankNifty sustains below today's low at 46880, we expect to see fast selling towards 46770 and below targets on the selling...