Prasenjit

Prasenjit

T1 535, T2 550 & T3 580 with having stop loss near 504.

Prasenjit

One can trade in the blue range pattern with fixed stop lose or go with the trend as soon the channel is broken which is having high probability of a swing trend.

Prasenjit

At the current level of the nifty, it is under pressure. As I have mentioned before if this level soon is not broken it will likely consolidate before giving us new highs. I will highly recommended to go long if only this level is broken, till then have patients.

Prasenjit

Currently having main resistance at 9682. If it is not broken soon enough, their is high possibility of consolidation. In any case I believe it has not hit the actual resistance, but their is time for it.

Prasenjit

Waiting for it to come 10 points down more, then going to go long position. Target 458.00

Prasenjit

Again before giving us new high it is going to come at its 61% entrancement. Currently at 23%, so i do recommend to wait for 100 points correction.

Prasenjit

its seems it is looking to get back to its 114 level.

Prasenjit

Main support at 458 and the target is likely 483.

Prasenjit

Now the MA are looking in favor for the price to lift up, besides Axis bank have great potential to move upwards.

Prasenjit

If it doesn't manage to break its 200 level, soon it come back to its 190 level. Better to keep watch on!

Prasenjit

now it looking totally bearish.

Prasenjit

Before giving us new highs, Nifty is likely to come near its 9550 level. From their fresh new positions can be taken.

Prasenjit

If it remains to hold the 490 level, we can hope new highs. Otherwise it may again go for its support level. But on the looks of it, it is not looking bullish as per the market. Looking for the target 470.