SR_Arun

SR_Arun Updated 

Still stock price travels on the handle portion (long handle) Waiting for support from nifty side.... Also travel on Descending triangle pattern looks for short term bullish breakout.... Give u r likes and opinions...

SR_Arun Updated 

Looking for breakout on Bank Nifty... on either side - Follow market direction for breakout

SR_Arun

Three possible reversal levels are Shown in the chart 1st it needs to breakout the descending channel Resistance level 2nd it needs to break Fib 0.5 retracement level + Failure line of head and Shoulder pattern 3rd it needs to breakout the ascending channel resistance Before moving 10600 levels nifty might retest the ascending channel...

SR_Arun

Indus ind on strong resistance place.... Strong resistance - 548 - Fib Retracement 0.236 RSI - Near Overbought

SR_Arun Updated 

If nifty go on bearish first support is S1, if it failed to hold that, Nifty is go down to fill the gaps. Share u r opinion...

SR_Arun Updated 

Now nifty confirms the head and Shoulder pattern Look for Strong bearish...

SR_Arun Updated 

last day Nifty tends to break bearish pennant on downside... But last few minutes bank stocks pull the nifty from downside.... Today strong sell on Bank stocks Which supports nifty yesterday leads to pulldown the nifty... Excepted gap down on Nifty and Bank Nifty... Today nifty may touch 10020 level... If further break out takes it to 9950 level... Let wait...

SR_Arun

Nifty looks bearish - Waiting for Bearish pennant to Break in downside

SR_Arun

Looking for Cup and handle pattern on SBIN. If Nifty supports, SBIN will go on strong Bullish. Target 240-250 Time - 1 - 2 months Give u r opinion frnds...

SR_Arun

As per technical Nifty Looks positive. As per the Weekly chart nifty will go up to 10600 levels. It failed to retrace on 0.5 level next level is 0.618 which is about 10530.(Fib Retracement) From this analysis Nifty Level is 10500 - 10600 Do your analysis before trading/ Investing. Give u r opinion on these idea.... Thank You...

SR_Arun

Fundamental View After announcing Q4 result SBI jumps up to 5% and 8% with in a day. Net profit jumps to Rs 3,580.8 crore in the January-March quarter compared to Rs 838.4 crore. (Net profit includes a one-time benefit of Rs 2,731 crore from sale of stake in SBI Cards & Payment Systems.) SBI’s asset quality improved over this quarter(Q4). Technical View...