Buy above 36550.
TGT 37200 - 37800.
Banknifty is been underperforming for long time. It needs a breakout.
Is NIFTY getting ready for a shooting star at top 🌟🌟
Today closing will tell.
Above 35800, BNF could blast to 36500 - 38000.
Below trendline, NIFTY can go to 15000 levels.
Dow JONES faces stiff resistance. So selling pressure will take to 21000 first target.
As long as 8900 holds on NIFTY we can see gradual upmove till 10000.
Keep 460 as sl & stay long in Bhartiairtel for tgt 484-495-520.
Target 10000 in NIFTY if close above 8640.
IF NIFTY do not cross above 9050 it will again resume its falling stream
Again NIFTY touching resistance zone.
IF FM gives some relief package NIFTY may touch 8500-9000.
IF NIFTY reverses from here then 7800-6800 again.
NIFTY 8800 Selling point for next big fall towards 6800.
8900+ is stoploss.
Sell ESCORTS for target 420-320.
The BIG BULL cycle channel which started in 2009 has been tested yesterday in NIFTY.
It breached intraday But closed well above the trendline.
IF 8555 holds for some days, There may be some follow up buying.
With 1800 as stoploss we can expect a decent bounce to 2250 levels
If Closes below 90 then Future target for the stock is 40.
IF stock closes below 124 then H&S pattern confirms target 115 - 104 - 94.
NIFTY formed an inverse HEAD & SHOULDER pattern in DAILY chart Neckline being 12250. Final target 12425-12450.
Gap filling 718-730 then 801 final target.
Stoploss below 714.