Menan_trades

Menan_trades

Taken a nice support on a trendline which is followed very nicely. Also its has taken support on 50EMA. Could be a nice swing Tarde Buy at CMP for target for 820 and 851.

Menan_trades

Bitcoin is testing a demand zone multiple time . we can have a good short position if it breaks the level with nice volumes . waiting for a retest is preferable . TGT for this trade is 45000 roughly or can take as per Fibonacci l.

Menan_trades

Buy at CMP for a target of 62.5 on positional basis.

Menan_trades

The stock has taken support over Trendline. Can be brought for CMP for a target of 540. Seems like it is sustained above 50EMA. Also, CNXPSUBANK has taken support from the level of 2560,It was previously acting like supply zone but was broken and shown a nice rally till 3050.

Menan_trades

BANKNIFTY is in falling wedge kind of pattern. Trade as per breakout, Entry after 37000 and target will be 37300. Also, use 50EMA as confirmation, it is facing resistance over it .

Menan_trades

Now ,Bank nifty is facing Resistance from the levels of 36800. This level is very crucial resistance as it is tested multiple times . If it break that level ,we can expect a easy move till 37000. Next Target after that will be37200. Logical SL For this Trade as per my view is 36500 on Bank nifty chart. IMP Support:-36350

Menan_trades

The stock Is consolidating In Inverted Head & Shoulders Pattern and Given Breakout. we can Short it at CMP. Also ,refer Nifty Bank before taking a trade . We can wait for settling a candle(one day) below the neckline. and use it as confirmation

Menan_trades Updated 

The Stock is consolidating in falling wedge kind of pattern . Buy on Breakout.

Menan_trades Updated 

Nifty is following a downward trend with a trend line .Also, now facing a strong Resistance over that trendline Now ,we can take a trade for downside if its became weak and not able to break the trend . We can Buy PE of Strike Price 16800 of Next weekly expiry i.e. of 9th Dec. This trade can be taken it breaks days low i.e. 17080.

Menan_trades

The Stock is forming a Double Bottom kind of Pattern. Also, It taken support over 200EMA with nice volumes We can take a entry at 343 or can wait till sustains above 50EMA. Target for this trade is 395

Menan_trades

The stock in Currently on a Major support Zone . Can Buy this if Sustains on this zone or can be Shorted if Breaks the support Level . Note:-For Buying Side wait for Greater Volumes

Menan_trades

TCS Is following a trendline and Now taken Support over it. Currently it is forming a Double bottom kind of pattern So we can take a entry after stock sustains above 3585. Target for this trade can be 3700 or can take as per Fibonacci.

Menan_trades

The stock was in Channel Formation which was broken and now it is in Retest phrase . If Stock goes weak we can short it for targets of 1915. Note:-200 EMA is acting as Nice Support So be cautious Around That Levels or Take entry for stock sustains below 200EMA.

Menan_trades

The Stock is consolidating in Falling Wedge kind of Pattern. Targets as per Fibonacci levels. Auto sector is already bullish, Can be a great profitable trade.

Menan_trades

Keep an Eye The Stock is consolidating in Bullish Channel Pattern Wait for Candle to settle above the channel Positional Trade

Menan_trades

Buy On breakout As PSU banks are bullish it is preferred to avoid the trade if goes sideways Also keep an eye on Nifty PSU Bank index, As it is facing resistance from the levels of 2530. It can used as a confirmation, If settled above 2600.

Menan_trades

Positional Trade Buy on Breakout . The Stock Taken strong support from levels of 785 which was acting like resistance previously. Hence, we can observe a good move if sustains above the levels of 887.

Menan_trades

The Stock is consolidating in Inverted Cup n Handle Pattern .