Possible scenario for BPCL in coming days. 440/445 is the resistance if price cross that resistance than stock should reverse from 480 around. RSI is 73 and above 70 considered as overbought zone (for safe traders/Investors). Risk Takers can hold their long position till RSI touch 80. Stay Caution.
Possible scenario of Banknifty in coming days. 22100/22200 is small resistance if Bank nifty sustain above that level than 23000 is inevitable. Disclaimer:- I can be wrong and this is not any buy/sell recommendation.
Snapshot of the Expiry Day Trades. Simple yet Powerful setup.
Bank nifty touched small resistance. fresh long only above 21450 level. Till that time sell on rise should be motto with sl 21450
Nifty trend turns bearish. I think nifty is going to fill the gap.
Birla soft is on werge of breakout But will wait for more confirmation
Nifty IT is heading towards multiple resistance. Long stay caution.
looks like bank nifty will take halt around 21000/21100 level and small pull back possible from that level. But overall trend is bearish and sell on rise should be the motto.
Positional view of Bank nifty. Broken the Trendline support today
Bank nifty has taken intraday support. Fresh selling only below 22000 for intraday