Reliance is trading above the 20days average and near by resistance area and its tried to break the resistance, waiting for retracement once it cooled down near 2320 its a positional Buy for the target of 2479 and to the strict stoploss 2276. Thanks Why we like it: Price trading above the EMAs, Resistance area breakout observed and waiting for retracement. Near by...
Tata Steel is nearby hourly resistance area and trading below average for intraday trader they can go for short at 1265 for the target1 of 1245 and target2 is 1231 with the strict stoploss at 1291. This study is only educational purpose, Traders trade at your own risk. Conclusion: The sell recomentation is only for the intraday trades. Thankyou
Nifty50 Doji candle formed yesterday so today's expectations around 16200 may test once, Intraday trader's think twice to short. Days chart shows reverse butterfly pattern movement pending and Doji also formed. This chart study is only for educational purpose Conclusion: Trend reversal coming soon, Thank you
Bank Nifty Futures- Reverse butterfly pattern indicates bullishness, but overall sentiments in the markets are negative only.
Nifty Futures at support Zone if hesitate to break 16000 then it may reverse the trend and also inv butterfly pattern indicates same, but overall sentiments in the markets are negative.
#DIVISLAB last trading session formed bullish patern, today trading higher level when if down our retracement 4160-4200, we can buy around 4200 and tgt 4312-4375 and follow sl 4100 closing basis.
#CHOLAFIN last trading session formed bullish patern, today trading higher level when if down our retracement 655 or buy point 673, we can buy around 673 and tgt 699-715 and follow sl 650 closing basis.
#NIFTY last trading session formed bearish patern, today trading lower and our retracement area around 16980, we can buy around 16980 and follow sl 16850 closing basis. target price around 17300.
#BANKNIFTY last trading session formed bearish patern, today trading lower and our retracement area around 37000, we can buy around 37000 and follow sl 36850 closing basis. target price around 38000.
#TCS trading bottom level, today trading our retracement area support range 3700-3740 we can go buy above 3740 and tgt 3800 and posistional tgt 3850 once break our supprot level, it will move next bottom zone in comming trading session.
#INDIGO trading bottom level, today trading our retracement area 2010-2060 we can go buy above 2060 and tgt 2175 and posistional tgt 2271 once break our supprot level, it will move next bottom zone in comming trading session.
#MOTHERSUMI closed at 158.5 already taken sell our resistense level 200-210. now selling tgt achived and if it break 166.5 it may move around 180 we can go buy above 166.5 and tgt 180, once trade below 158 level, it will move lower level comming trading session.
#VOLTAS today break out our retracement level 1210-1240 we can go buy above 1240 and tgt 1270 and posistional tgt 1320 once trade below 1210 level, it will move lower level comming trading session.
#HINDPETRO yesterday traded our retracement level 298.8-303.6 we can go SELL BELOW 298.8 tgt 291.5 and buy above 303.6 tgt 310
#TITAN COMPANY today trading our retracement level 2515-2530 we can go SELL BELOW 2515 tgt for intra 2475 and posistional tgt 2447-2400 once break our resistense level, it will move higher level comming trading session.
#M&M FINANCE close 161.05 and traded our resistense zone, today if it break 160.7 it will move our tgt 153. posistional tgt 146 once break our resistense level, it will move higher level.
#GODREJPROPERTIES today trading our retracement level 1590-1630 we can go SELL BELOW 1605 tgt-1574 and posistional tgt 1537 once break our resistense level, it will move higher level comming trading session.
#CIPLA last trading session treded our retracement support area 850-860 we can go buy above this level upside tgt 960 and posistional tgt 975 once break our support level, it will move lower level comming trading session.