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.
Fall from Wedge pattern.
Neckline breakdown in Banknifty. so if 31000 is not crossed tomorrow it may gradually lower to sub 29000 - 27800 levels in coming months
If this Trendline is hit & reversed a big selloff gradually will take tata steel to 340 levels & lower. If 475 is breached then BIG fresh rally will start towards 550.
IF NIFTY didnt close above 12050 then it cud go back to 11850 & form a Head & shoulder pattern which will lead way to 11100 target.
Inverse H&S pattern in CIPLA. BUY above 490 sl 475 for tgt 560
NIFTY in consolidation mode before next big rally for all time high. So 11700-11750 cud be good base for next launch
Short NIFTY near 11960. Target 11700
IF the trendline 11420 crossed then 11600 If retraced below then sharp fall to 11000.
Above 11540, NIFTY cud retest 11694 highs Below 11540, then again go to lower channel.
Below this channel it is invalid. Above upside levels are 11630 - 11695 - 11777 - 11929
With 11701 as stoploss, Can short NIFTY for 11565 - 11470 - 11350 targets
HUGE BREAKOUT happened in NIFTY & Banknifty. We can expect a follow up rally towards 11500-11600
IF NIFTY trades below 10740 then freefall to 10630-10600.