Novicetrader2015

Novicetrader2015 Updated 

Stock has broken the Trendline mentioned in chart and has been generating very high volumes in recent weeks. Looks good for more upside above resistance zone. If breaks 695 convincingly then 750-800 levels can be seen soon. P.S. Safe traders can wait for a pullback after break out !!

Novicetrader2015 Updated 

Stock has been moving up in last few sessions with good volumes. Now it has hit its ATH resistance zone. Good if sustains above 827 for few minutes. SWING - Let the daily candle close above resistance zone for targets of 840-850

Novicetrader2015 Updated 

Stock has formed a rounding bottom on 2 and 4 hour TFs If stock sustains above 1505 for 3-5 minutes can easily achieve targets of 1525, 1535

Novicetrader2015 Updated 

Stock has made a bullish candle on daily breaking the Trendline. Looks good above 17525 for targets of 17650, 17700 and 17750 P.S. Stock might re-test TL before again moving up, keep in radar for next few sessions

Novicetrader2015 Updated 

On Monthly candle Stock had broken major resistance zone and made new high in March. Last month stock has taken support at the same zone (now acting as support) and risen again. Looks good for targets of 475-500 if breaks ATH in next few days

Novicetrader2015 Updated 

Stock has broken long time resistance and TL with great volumes. Looks good above 997.50 for 1-2 % in intraday

Novicetrader2015 Updated 

Stock has been testing the long time S&R zone and in last 2 sessions has bounced from it with good volumes after making triple bottom. INTRADAY - If stock opens around 800, gives TL break out from bottom to top and sustains above 805.50 then can target for 820 levels tomorrow. On the flip side if stock opens big gap up - around 805 levels and first 15 minute...

Novicetrader2015 Updated 

Bank Nifty has formed a bullish flag on 15 and 30 min TFs after making a double bottom in bigger TFs. Looks good for another 1000-1500 rally minimum Consider to go long in bank nifty in coming sessions once 34150 is broken and sustained in 15-30 minute candle. P.S. Flag view gets negated if 33450 is broken in 30 minute candle close

Novicetrader2015 Updated 

Stock has risen from support after forming double bottom. Buy only if breaks TL and sustains above 986 for targets of 992, 1000

Novicetrader2015 Updated 

Stock has broken long standing TL with big volumes. today has taken rejection from Resistance zone. If stock is able to break 76.60 then we can see 5-10% move in couple of sessions only. P.S. Levels mentioned in chart

Novicetrader2015 Updated 

Stock has generated great volumes in past few days. It is at a long standing trendline which if broken can bring at least 5-10% upside. Levels are mentioned in the chart. P.S. Wait for candle close above 105

Novicetrader2015 Updated 

Stock has been trading in a range which is getting smaller and smaller. Volumes have been decreasing all this month. If stock breaks lower TL (2400 levels) then can target 2375, 2355 and 2330 levels. Consider upside (1-2%) if upper trendline breaks and stock crosses 2485 successfully. P.S. As usual fall would be quite faster compared to the rise. Looks likely to...

Novicetrader2015 Updated 

Stock has formed a symmetrical triangle on higher time frames. Looks set to come down again to 2500/2490 levels in a session or two. If BD fails and stock breaks triangle on upper side then can reach 2620 and 2650 levels P.S. Sell/Buy only when 15 min candle breaks the triangle and closes beyond it.

Novicetrader2015 Updated 

Stock has taken support at year old TL. It can either take support at TL and move upside or come down to support zones of 173 levels before moving up. Looks very good for swing however stock might spend few days near support zone before bouncing from there. P.S. This chart was made on Thursday however I forgot to post it on TV. Friday session has also seen rise...

Novicetrader2015 Updated 

Stock had broken the Monthly break out zone (365-375 levels) and made new ATH in March (Monthly BO chart I have mentioned in comments section - helpful if want to have a short-mid term opinion on the stock) After that it has re-tested the BO zone and rising again. If stock breaks Trendline in coming days then it will test ATH again and can make a new...

Novicetrader2015 Updated 

BNF has made double bottom from the support zones of 32K. Today it broke the Trendline after multiple attempts and has given closing above Trendline only. If BNF opens above the same Trendline on 06th May then it looks all set to reach 33300-33400 levels tomorrow. In coming days if BNF sustains 33000-33300 levels then it can continue its journey towards 34K else...

Novicetrader2015 Updated 

Stock has made a falling wedge on Daily Time frame. Looks good for swing if crosses above 302.50 with targets of 310, 315 and 325 in coming days with SL of 284.

Novicetrader2015 Updated 

Stock has broken major resistance zone (550 levels) on 4th April. From last 2 days it is consolidating above that zone and forming a symmetrical triangle. In coming days if stock breaks 565.5 then can give good upside of 1-2% in Intraday. However if lower Tl is broken then stock can easily fall to 550 levels in one session only.