Short below 65.5 with stoploss at 66 Target 1 - 62 Target 2 - 60 Target 3 - 58
Moving inside a channel, sky blue color is the trendline which is broken last thursday... Red color is the higher high formation in price, lower high formation in RSI which indicates bearish divergence... When skyblue trendline is broken, it can take support near 26400 and then near blue line which is 26200...
NSE:GODREJIND Buy above 567 with stoploss at 553 Target 1 - 584 Target 2 - 601 Reason: 1. Pin Bar at one year support 2. 61.8% retracement from high
Posted a chart on pattern formed in Bank nifty
Short below 128 with stoploss at 134 Target 1 - 121 Target 2 - 108 Buy above 135 with stoploss at 128 Target 1 - 143 Target 2 - 153 Target 3 - Trendline
Short below 1962 with stoploss 2013 Target 1 - 1921 Target 2 - 1876
Bullish divergence and Swing Higher low formation.
Short below 520 stoploss 530 Target 1 - 510/503 Target 2 - 482 Reason: H&S and Cup and Handle
Short below 1060 with stoploss at 1137 Target - 973
Short below 281.75 with stoploss above 287 Target 1 - 273.8 Target 2 - 266.95 Target 3 - 260.10
Short below 48.4 with stoploss at 49.4 Target 1- 44.55 Target 2 - 37.5
YESBANK Buy above 355.5 with stoploss at 354/353 Target 1 - 360 Target 2 - 365 Sell below 340 with stoploss at 345 Target 1 - 329/328 Target 2 - 320
Based on the cup and handle, its a short and two targets are marked.
Short below the support for the possible target of next support
Below 395 its a short for a target of 350 level, stoploss 400
Short below 378 close with stoploss at 380-382 Target 1 - 340 Target 2 - 320 Expecting temporary bounce from support to correct RSI levels and then go down...
Long above 415 with stoploss at 408 Target 1 - 425 Target 2 - 440 Target 3 - 450 Short below 408 with stoploss at 415 Target 1 - 400 Target 2 - 394 Target 3 - 388 Target 4 - 380