BANK NIFTY trade setup for 04 Jan 2021 Bank nifty traded in a tight parallel zone for the last couple of days and closed below the today cpr levels. But we can expect a positive upwards movement in the bank nifty today as the global news are all good. Any dip to the support zones will be good buying opportunity and we can look out for the upper targets as...
Crude looks bullish as it is holding above 48. Any opportunity of a dip is a buy.
Bank of Baroda trade setup for 04 Jan 2021 Good stop run day on Bank of Baroda in the last session gaining a good 5% move, expect some profit booking in the opening and any dip is a buying opportunity as banking sector looks good in short term. The forecasted Buy & sell zones are calculated based on historic price movements and the exact levels will be updated...
Acc good to buy and hold for possible upward targets
Beautiful breakout in TechM today, can hope for a profit booking tomorrow morning before heading to higher targets. If rejection from 968 on opening, short to take quick profits till 956. If 956 sustains, we can go long at these levels for upper targets You can go long if gaps up & sustains 968.
Enough buying has happened in escorts which should lead it t upper targets. Wait for confirmation at the buy zones and sit for the targets.
Price 193 holds a strong resistance for Exide , if it breaches it in the opening and sustains then we can expect upper levels. Look for buying opportunity at buyzone 1.
Look for buying opportunity at buyzone 1 and head for the upper targets in couple of days
Look for buying opportunity at the buyzone and wait for the targets heading north.
If bajaj finance sustains above buy zone on opening, go long with possible upwards targets as explained on the chart.
Trade setups for 28 Dec 2020 If market has a gap up opening then look to go long on sustaining above BUY ZONE 1. You can even plan for a shorting opportunity with first target of BUY ZONE 1. If Buy Zone 1 is not sustained or market opened below this levels we can go short with target at BUY ZONE 2 & BUY ZONE 3. We can expect bulls to rebound back from Buy zone...
If it sustains above buyzone 1 then we can expect both the upper targets in short time.
Adani Power had a breakout today and will head for higher targets in coming days. Good for a swing trade.
Buying setup opportunity in Godrej Agrovet for next 2 days.
3360 levels is great pivot price for todays trade setup. If the market opens above this level, wait for the pull back to the mid buy zone 1 for buy confirmation and wait for the upper targets. If 3360 fails to sustain on opening or forms a confirmed rejection at this level then we can expect the market to touch lower buyzone 2 where buyers are placed.
Market sentiment looks bullish, expect for gap up or flat opening. I will be more biased for long opportunities in the market. If gap up and finds some resistance at Target 1 we can expect to market to bounce back from Buy zone1. If buyzone 1 sustains then expect upward targets as predicted. If buyzone 2 is broken we can expect a good downside till 3.
Closing sentiment was very bullish and it is at break out zone and can expect to touch its 530 levels where also has great option interest. If the market openes above the buyzone 1 then expect a pull back to 516 and look for buy entry with respective upper targets. If it fails to hold 516 levels then we can expect short opportunity till buyzone 2 & buyzone...