After all the choppiness #BankNifty has found some support around the previous swing low band of 39400 to 39500. Will it find support here? A close below 39400 will likely trigger more panic. This may lead to the levels of 39060, 38520 and 37940. Not expecting strong upside move until 40370 is taken on closing basis ( Intra/Daily).If closed above 40370 will be...
M&M Finance has finally broken out side of the trend line coming from top and had a confirmation candle. Entering here with bottom trendline as SL/Support. Do your due diligence and risk analysis
BSE has moved aggressively after breaking the 785 levels and moved towards 1050 levels with in 3 sessions with high volumes. From there profit booking followed and used 875 as support which is the close of BO candle. In last 3 weeks it formed descending triangle pattern respecting the trendline and support line. In this process volumes have dried up. A decisive...
CDSL has given a BO and made quick move towards 1700. Could not sustain and pulled back and almost completed the retest of BO levels. You can enter here with a strict SL of 1440 towards the new target if the retest levels are not broken on down side.
