NIFTY is in falling channel. It will trade in range of 17980 & 17450 for coming days. Any breakout from this range if sustain for 1 hour then we can see new levels. This analysis is just for educational puprpose trade as per your risk management.
THANKS.
State bank is at its support in short term. High risk takers can go long with stop loss of 415 take target as per your psychology. The chart analysis is for educational purpose. Please do your own analysis also before taking trade.
CAN CREATE A LONG POSITION IN MARUTI WITH SL 7340 FOR A TARGET OF 7800 IN JULY MONTH. STOCK IS AT SUPPPORT KEEP A WATCH ON IT. DO YOUR OWN ANALYSIS BEFORE TRADING. THE ANALYSIS IS ONLY FOR LEARNING PURPOSE.
INFOSYS LOOKING TO TRADE IN GIVEN TRIANGLE PATTERN AND IT CAN BREAK ON EITHER SIDE. TARGET WILL BE PREVIOUS SWING HIGH OR LOW. TRADE ACCORDING TO YOUR RISK. THIS ANALYIS IS ONLY FOR LEARNING PURPOSES,
ACCORDING TO MY ANALYSIS IT WILL BREAK ON THE UPSIDE AND WILL MAKE NEW HIGHS IN COMING DAYS. AS MARKET IS BULLISH I AM GOING TO TAKE POSITION IN IT. TRADE ACCORDING TO YOUR RISK. THIS ANALYIS IS FOR LEARNING PURPOSE. DO NOT TAKE TRADE ON ANYONE'S ANALYSIS BLINDLY, DO YOUR OWN ANALYSIS ALSO.
SIMPLE SUPPORT AND RESISTANCE ANALYSIS, IF BREAKS 1530 CAN GO 1562 IN SHORT TERM OR HIGHER. TRADE ACCORDING TO YOUR RISK. I AM NOT A SEBI REGISTERED ANALYST. THIS IS MY PERSONAL VIEW AND ONLY FOR LEARNING PURPOSE.
CAN GO LONG IN HERO MOTOCORP WITH SL 2900 AND TARGET OF 3090. GOOD OPPURTUNITY WITH BETTER RISK REWARD RATIO. ALSO AUTO SECTOR LOOKING GOOD. TRADE ACCORDING TO YOUR PLAN. THIS ANALYSIS IS JUST FOR LEARNING PURPOSE. I PERSONALLY TOOK THIS TRADE TOADY AND HOPING FOR GOOD TARGET IN JULY SERIES.
STOCK HAS HAS CHANGED THE TREND. NOW 2540 WILL ACT AS SUPPORT STOP LOSS SHOULD BE 2530 AND TARGET SHOULD BE ATLEAST 2750. WATCH IT AND TRADE CAREFULLY ACOORDING TO YOUR RISK APETITE. THIS ANALYSIS IS ONLY FOR LEARNING PURPOSE IT IS NOT A RECOMMENDATION. DO YOUR OWN STUDY BEFORE TRADING.
HAPPY TRADING.
IF BREAK DOWN TREND LINE THEN STOCK WILL MOVE UPTO 200 DAY SMA AND IF TOOK SUPPORT CAN SHOOT TO 7000.
DISCLAIMER: PLEASE TAKE YOUR FINANCIAL ADVISOR CONSULTATION BEFORE INVESTMENT. THIS MY PERSONAL OPINION AND IT IS FOR LEARNING PURPOSE ONLY.
INFOSYS PERFECTLY FOLLLOWING THE TREND LINE. IF IT TOOK SUPPORT THEN THE TARGET WOULD BE THE UPPER LINE OF TREND LINE WHICH IS 1530( APP. 8%) FROM CURRENT LEVEL KEEP SL AT 1355. 1:1.5 RR.
DISCLAIMER: THIS IS MY PERSONAL VIEW FROM MY PAST EXPERIENCE I AM NOT A SEBI REGISTERED PERSON. PLEASE CONSULT YOUR FINANCIAL ADVISOR BEFORE ANY INVESTMENT AND ALAWAYS REMEMBER...
TRADE ACCORDING TO THR TRIANGLE PATTERN DRAWN. PLEASE USE YOUR STOP LOSS ACCORDING TO YOUR RISK APETITE. THE PATTERN IS FOR LEARNING PURPOSE CONSULT YOUR FINANCIAL ADVISOR BEFORE INVESTING.
