'' BOOM BOOM"
as per our indicator
occtans indicator has triggered "sellc2" signal at 9.30 am after break sell c2 low bank nifty down 400 point.
if anyone has bought Bank nifty PE then made 10000INR WITH SINGAL LOT.
OCCTANS TRADING SERVICE
As per hourly Chart pattern cadila has been trading in symmetrical tringle pattern.
Today market open at 9.15 and cadila has bounced back from lower level trend line area. if cadila sustain above this zone then we can see good upside move .
Target : 645 655 668
Stop loss : 618
Daily price action has formed bearish candle and also close below previous session's low which remains a negative bias.
Cipla has formed double top structure in daily chart pattern
Now RSI has crossed below 60 level which is bearish also create negative RSi divergence .
Below 953 Cipla can fall up to 920 and 900 level.
stop loss 972
As per hourly price action
Axis bank is trading in Rising wedge pattern Also Axis Bank create Second lower high and bounce back from support area zone.
rsi also cross 60 level in hourly timeframe .
Buy area Above Only 753 target 1 : 760 Target 2 :766 Target 3 : 774
Stop loss : 730
icici bank form descending tringle pattern . also no momentum in stock now icici bank standing support area.
BREAKDOWN:- sell below only 634 stop loss 640
target 1 : 617 target 2 : 600 positional trade take time
UPSIDE ONLY ABOVE TRENDLNE BREKOUT above only 645
as per price action you can see bank nifty has created double top bearish pattern in hourly time frame.
also bank nifty broke trendline and closed below.
34900 and 35000 good support zone for bank nifty
if bank nifty hold 35000 area than we can see bounce from 35000 area towards 35500 level. if global market and Asia market sawing any weakness and bank nifty...
After hitting a record high of 15,733 on June 4 the Nifty saw profit-booking from high level and closed around 15670 level.
Nifty also taking Support from trendline mention in chart And Also RSI hourly time Creating negative divergence.
15600 level important level if 15600level will break we can see further down move up to 15550 and 15460.
For Nifty 15460 level...
we got the conformation at 9.45am " sell2" than our lower low conformation 35620 you can see in our chart. after that at 10.30 lower low break and market is 200 point done from signal level.
power of indicator