A close above 215 spot (cmp 214) can take this stock to 240. Stops can be placed a tad below 200. Strictly cash trade and medium term. Slow mover can take 2 months or more.
At 940 cmp Lupin has formed a Hammer (till now) at oversold region. One can go long in cash with a stop below todays low. Expecting some short cover or a dead cat bounce.
Nifty is trading at the gap resistance of the island reversal as well as the 20 lakh crore resistance. If it manages to take this out then 10K should be easy peasy .... Keep tracking as to how this progresses
Inverted H&S breakout, multiple resistance crossed which turned support and bounced back to close at DH and Swing high levels.
Good levels to start buying for investment. Stops can be just below 53.
BankNifty closed right at the top of the flag/channel. If it breaks out, god save the bears else god save the bulls.
A good RR long here. Buy now with stop below week low + some filter with which u r comfortable.
Just an observation. High Risk traders can short here but its a Weekly chart and at almost all time highs - cannot recommend shorting the same.
A fantastic RR for going long here. Weekly chart. Buy as close as the band as possible. Enter some now and keep adding with a stop just below the band (on closing basis).
If this stocks manages to sustain above 86-90 .. 120 should be up pretty fast. Above those levels 180 and 220 next up. Also note - this is Monthly TF, so take your decisions accordingly.
The previous hrly view was to look for shorts at around 19750 (spot). Todays move has got that perfect (almost). Now look to book part at 19480-460 levels. If that breaches and sustains, god save the bulls else back top the top.
19750 would be the area to watch for short buildup if any.
After the last idea of the confluence of supports, Nifty seems to be holding up with a retest of the previous day's lows. Now, will it do the top of the channel?
A move below 522 spot and sustain for 2-3 candles (30 min TF) and thud, its all over for TaMo for a target price of 500-ish approx.
Confluence of supports. Buy with stop below DL today. Strict SLs.
Long near 244-243 with a stop below 241 offers good RR for a bounce in this counter.
Just playing around .... kya kya dikhta hai Nifty pe baba re .....
The demand zone has become a supply zone. Break of the zone would entail short covering else keep shorting at the zone with sl just above and flip on break