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Can we see some correction in ITC ?
ITC
, 15
Short
ITC: Can we see some correction in ITC ?

All the levels are marked on the chart. *Even if the price hits the stoploss can plan for reentry if RSI goes into overbought levels near the supply zone and with confirmationof any reversal pattern. Disclaimer: Only for educational purpose, not any kind of buy or sell suggestion.

Can Bank Nifty continue its sell off on 6th July?
BANKNIFTY
, 30
Short
BANKNIFTY: Can Bank Nifty continue its sell off on 6th July?

Key levels in Bank Nifty for Tomorrow: 34300 33800 33300 1)33800 & 34300 will act as a resistance from now on. 2)If market opens flat tomorrow and forms any negative pattern or candle at 33800 levels BNF can be shorted with a small SL. 3)If market opens gap down and opens around 33300 RSI might go to oversold levels for sometime and we can see some correction....

BNF might see some profit booking in intraday as RSI near 80.
BANKNIFTY
, 15
Short
BANKNIFTY: BNF might see some profit booking in intraday as RSI near 80.

Can go with above mentioned levels on chart for intraday only. SHORT: Enter 34300 SL :34360 TARGET:34180 Can go for simple 1:2 RR or trailing SL . Market should experience profit booking or small correction for a healthy up move otherwise it will not sustain. Disclaimer : Only for educational purpose not a suggestion. Follow me for more. we are just starting.

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