Sai_1995

Sai_1995

Nifty is in a clear consolidation stage with massive volatile movements. Better to wait and take a trade based on a breakout on either side.

Sai_1995

Index does not like people who short it.

Sai_1995

Axis bank seems to have created a double bottom for further confirmation go long above 759.

Sai_1995

High possibility of up move, towards 660

Sai_1995

Perfect breakout with backtest. Keep the previous high as stop loss and take long position.

Sai_1995

For the last few times, the stock took support at the green trend line and now it has broken it and is below both the 10 and 20 EMA. Although I see a crossover of 10 and 20 on the upside we need to wait till it enters back into the trendline. My suggestion wait till it breaks 945 for a long position.

Sai_1995

Look at the levels and take positions.

Sai_1995

Until budget is announced there could be lot of profit booking or keeping money aside temporarily but results of companies seem to be good so expect some sort of sideways to positive movement with high vix. Sorry target should be supply zone and not demand area (error).

Sai_1995

Looks most heavy weight stocks are right at support, now probably since we are in a bull market we could bounce from here or could see a further fall. Probably big money putting money of the table until budget is decided, they are trying to reduce the exposure and booking profits in futures.

Sai_1995

All depends on which side it will break, look at levels but looking at the area it took support looks like a bounce coming.

Sai_1995

Look at the levels and take action.

Sai_1995

Please look at the levels and then take decisison.

Sai_1995

More probability for long.

Sai_1995

Self explanatory, go long with a target of ATH. SL : 1800

Sai_1995

Axis bank looks good for a short, look at the levels mentioned in the chart and then go short.

Sai_1995

Nifty near resistance, if breaks the line then go long and also wait for retest before going long. If reverses then have a target at the bottom of the support line.

Sai_1995

Nifty is in a downtrend with 200 moving average acting as support, the moment it goes below it, that would be a clear indication of a bear market.

Sai_1995

If nifty breaks the red channel that is a bullish continuation and if it breaks the yellow line either in the red channel or even outside it is a clear indication of a further downtrend. The entry to the red channel and sustaining there with the support of the yellow line could be seen as consolidation.