A Strong buying seen by Fii and Dii in this stock. Stock has given a cup and handle pattern breakout @ 190 level. Buy @ 190-195 Sl 150 Target : 230-260-310 Time frame : Medium Expected return : 60%
Nifty and Bank Nifty have given a good strong closer. It seems that both the indexes will take some halt before they start another up side journey! Overall we should see choppiness and volatility in both indexes. Traders kindly take care while trading.
Cup and Handle breakout Breakout zone : 950-955 Stop Loss : 800 Target : 1200 - 1460 Time Period : Medium Term (6-18 months)
Nifty has created inverted Head and Shoulder Pattern on 2 hours chart. Breakout is still pending, breakout is above 24350 level, target for the same is 25400 level another 1300 points journey. Nifty this weeks Support : 24080 - 23950 - 23800 Resistance : 24350 - 24550 Bank Nifty is creating a flag pattern and also has a big gap between 51200-51700 level....
Strong closing in Nifty on Friday at 23900+ level. We should see a strong gap up post Mahrashtra state elections results ! Expecting Nifty to give a gap up opening !! We should see a gapup and a small sell off / profit booking post which Nifty should settle around 24100 level for any further upside move. Nifty Resistance : 24200-24500. More upside will...
Looks like NIFTY and Bank Nifty have entered a sideways zone, Nifty Range Upper / Resistance : 24500 Lower / Support : 23900-23800 Bank Nifty Range Upper / Resistance : 52350 Lower / Support : 51150 #Nifty #BankNifty #Sideways #Patterns #Trend #change
Nifty and Bank Nifty have consolidated in the past week, Nifty has resistance at - 24500 -24700 Support : 24100 will act as laxman rekha for any further upside. Bank Nifty Resistance : 51700-52300-52600 Support : 51150-50350 Bank Nifty is creating a W pattern breakout above 52600 for a target of 55000
Nifty and Banknifty are taking supports of trend lines and support zone! Next week is going to be crucial for the markets. Nifty Support zone : 23900 Resistance : 24400-24600 Bank Nifty Support Zone : 50100 Resistane : 51400-51700
Positive Divergence in NIFTY in Daily, 2 hours chart. Any close above 25000 levels will open doors for 25200. above tht 25500-25777 would be seen. Bank Nifty is creating cup and handle pattern in the short timeframe of 2hours. Breakout has been made, from here it has hurdles every 200 points 52400-52600-52850-53050 level. Bank nifty is poised for more upside but...
Flag Breakout completed Flag Height : 50 points Sl 210 Target : 250-280
NIifty and Bank Nifty are poised for a bounce will this bounce turn into rally or it will fade away is the question. Nifty : Resistance : 25200-25500-25750 Support : 24800-24700 Lakshman Rekha for Bull run is 24500. Bank Nifty : Resistance : 51700-52100-53100 SUpport : 50400 Triangle breakout above 51700.
After 1200 points down side in 5 days, will nifty continue to fall more or it will consolidate for the new upside run ?? Nifty looks oversold in smaller time frame, looking at those it seems we should see some bounce back up ! Overall to stay cautious and stay alert on the indexes, would suggest to stay away from Futures and Options.
ABFRL looking strong Cup Breakout !! Height of the cup : 175 point breakout Zone : 360 Target : 535 Time Frame : Medium Term Return : 50%
ABFRL looking strong Cup Breakout !! Height of the cup : 175 point breakout Zone : 360 Target : 535 Time Frame : Medium Term Return : 50%
Detailed discussion on - NIFTY - BANK NIFTY - METAL INDEX - PSU BANKS
Both Indexes have finally moved together and have given massive breakouts!! Nifty Next journey 26300-26450 level Bank Nifty above 54150 level should see 57250 level Over indexes have great strength.
Flag Pattern breakout @ 8500++ Pole Height : 8000 points Target : 10000-12000-14000-17000 SL 5800 Time Frame : Long Term (18 months ++ )
Nifty has created a 500 points flag pattern on a 30 mins chart, breakout is above 25385 level, if thats done then we should see a strong move till 25800-26200-26400 levels. Bank Nifty has to catch up, it has also shown strength in last week, 52200 is a crucial zone, any close above it will give Bank Nifty open doors for 53150 level and above that 54150 level can...