The Nifty has been consolidating within a range for the past four days, and with today's expiry, we can expect increased volatility. The following conditions apply:
Condition 1:
If the market opens with a gap up and holds above the 24,700 level, we can expect an upward move towards the 24,880-24,900 range.
However, if the market fails to maintain the 24,700...
The stock appears to be recovering from a prior downtrend.
The formation of higher lows suggests the emergence of a potential uptrend.
we can see volume spikes with positive price action
breakout trade /swing trade is possible once price close above 85
IREDA . in the recent correction lot of stocks are in good buying zones. IREDA look attractive in terms of R:R for shot term and long term perceptive .
short term can gain around 10 %to 15 %
long term we can take target around 60%
nifty trading near resistance zone range of 24400-24600 . with strong multiple supports. expecting to be in a range of 23800-24400 for this week until it breaks 24600
silver has is consolidating near base area for 3 days after making all time highs.
once it breaks the present range box .one can take the position with SL of rang e H/L zones
