Marketzone

Marketzone

Keep in watch list any reversal in Chart should be considered as buying

Marketzone Updated 

If everything goes well can expect 22900 today. Stop can be placed below support line on 15min close basis

Marketzone Updated 

Banknifty is Trading inside Channel and now at bottom of channel. And also Fib retrace of 61.8%. After a reversal confirmation can enter long for higher targets.

Marketzone Updated 

Breaking Channel resistance

Marketzone Updated 

PFC is trading inside channel. Any breakout above channel can lead the price towards 84. Support zone is till 80.

Marketzone

Check triangle Pattern in M&M. Currently price is above earlier swing high so 590 Can act as support aswell. However technically stock looking week. Take your own decision to take trade.

Marketzone Updated 

Bank nifty was under performing for Longer time. To push nifty upside we need some support from Bank nifty to bring 10300/10500 Levels. ICICIBANK Posted result on weekend. We have to wait and watch does ICICIBank make the Cup & Handle formation full or not. Scenario 1: Long with Recent Low as stop loss (Based on Monday opening) Scenario 2: Short below Friday...

Marketzone

With current trading range Nifty trading inside the Channel. Scenario 1: Currently is trading below channel middle. On breaking Friday high, price can move towards channel high around 10300-10350 Zone, from there price may fall towards channel bottom. Scenario 2: In case channel middle is acting as resistance then can fall towards channel bottom and further...