• Expecting channel continuation Above 2215 • Harmonic PRZ is at 2348 • Entry :- 2210 to 2215 Targets :- 2297 , 2348 Stop Loss / SL :- 2137 Support zone .
• In order to attain 17227 it need sustain below at least 17615 . • Below 17615 we can see 17500 , 17350 , 17227 . • In average we can consider 17716 , 17615 as important level for us to trade in next trading session. • In order to attain 18238 it need to break trendline & sustain above at least 17098. • Above 17716 we can see 17819 , 17875 . • Also be...
• In order to attain 42850 we have to sustain above 41800 & it seems like very very difficult to see as nothing is impossible in BankNifty index . Anyways we can avoid positional Call buying till we are below 41800. • Below 40354 we can see 39911 , 39740 , 39605 . • In average we can considering 40354 as important level for us to trade in next trading...
• Resistance of 473 became support now . current candle is totally above level. • Harmonic PRZ is at 501 • Good Risk reward (1:3) • good risk reward with support at 473.25 • Entry :- Above 483.95 Targets :- 495 , 501 , 516 Stop Loss / SL :- 473.25 Support zone .
• Support of 2084 became resistance now • Good Risk-Reward (1:4) • PRZ is shown at 1782 • Entry :- Below 2025.40 • Targets :- 1893.90 , 1827.75 , 1782.95 • Stop Loss / SL :- 2084 Resistance zone .
• In order to attain 18238 we need sustain above at least 17098. • Below 17984 we can see 17871 , 17779 . • In average we can consider 17984 as important level for us to trade in next trading session. • Also be cautious about trendline came from upside.
• In order to attain 42500 we have to sustain above 41800 & it seems like very very difficult to see as nothing is impossible in BankNifty index . Anyways we can avoid positional Call buying till we are below 41800. • Looks like we are going to see consolidation between levels 41500 to 40500 for next 2-3 days (Guess according to previous price actions) . As we...
• Let see the trendline support will make the trend continue upside or reversal downside. • If any "Daily candle" going to break "high of previous Daily candle", we can try for reversal as from trendline support with good Risk-Reward as chart showing that history had repeated many times. • Entry:- 81.917 break. (Entry should be on previous candle high break . It...
• Seems like we are going to see 42000. we can see support at 41607 . • Below 41607 we can see 41491 , 41400 , 41355. • In average we can considering 41607 as important level for us to trade in next trading session.
• In order to attain 18100 we need one pullback from at least 17936. • Below 17936 we can see 17920 , 17876 , 17848 , 17800. • In average we can consider 17936 as important level for us to trade in next trading session.
• There can be straight move from 470 to 538 as there is no hurdle / major resistance between. • Good Risk-Reward (1:3) • Entry :- Above 450.70 • Targets :- 470 , 538 , 552 • Stop Loss / SL :- 418 Support zone .
• In order to attain 42000 we need one pullback from at least 41571 . Because straight move we have seen in previous trading session. • Below 41571 we can see 41480 , 41405 , 41355. as these are resistances which are broken can act as supports or hurdle. • In average we can consider 41571 as important level for us to trade in next trading session.
• In order to attain 18100 we need one pullback from at least 17876. Because straight move we have seen in previous trading session. • Below 17875 we can see 17850 , 17840 , 17800. as these are resistances which are broken can act as supports or hurdle. • In average we can consider 17876 as important level for us to trade in next trading session.
• As we can see uptrend of index with higher highs and higher lows & Trendline support. • 17850 which is Resistance from 2 weeks , can act as a support now .(Red zone shown on chart) • As long as NIFTY holding 17850 , can show 18100. • ABCD PRZ is at 18100 • good risk reward with support at 17850 Targets :- 18100 Stop Loss / SL :- 17850 Support zone .
• Long with Support. • PRZ is at 6830 • good risk reward with support zone from 6130 to 6100 • Upside Resistance zone from 6867 to 6931 can become our targets. Targets :- 6830 Stop Loss / SL :- 6130 Support zone .
• As long as DRREDDY stock price below Resistance zone from 4544 to 4579 , there will be chance to show one more deep dip towards Support zone from 4215 to 4200