Reliance, INDIABULLS HOUSING, YES BANK, STATE BK OF INDIA, HDFC BANK, TATA STEEL LTD
Nifty, BSE SENSEX, S&P 500, Nasdaq Composite, FTSE 100, DAX Index
US 10Y, Euro Bund, Germany 10Y, Japan 10Y Yield, UK 10Y, India 10Y
Gold, Brent Oil, Crude Oil, CFDs on Natural Gas, Palladium, Silver
breaking 32161 will take banknifty towards 33300. however the market doesn't move in a linear way. strong support at 31700 so buy on dip is my strategy and sell puts in dips of 31700 for december series.
a long term strong pattern has formed breakout expected target 100 strategy - accumulate positional sl 73
at imp trendline support - if it breaks 1st support near 11870 risk reward for buyer at this pt is good
weekly charts are most imp charts when u r analyzing a setup 1) it cut off most of the noise 2) neither its too large time frame(like monthly) nor its too small (hourly/ daily) now here, in this case, we can see the trend is up stock is in sideways from 240 week also, the stock range is in pt a nd pt b a big white...
ncc is in higher high higher low formation in hourly charts, though it broke trendline during day but immediately price went above trendline support. now going ahead we can use 55 as strong support or sl for long we have trendline resistance of 60, 62.5/63 of channel upper boundary, breaking that will take stock towards 65 zone where there is highest OI nd on...
target of breakout nd trendline resistance coincide at same level i.e 12290-12300 short term target in nifty as per chart is 12300. all dip is a buy
as we can see on daily charts there is a divergence in price nd rsi, stock price can show a correction cmp 3984 sl 4100 target 3650