Nifty breached 15140 level which was act as strong resistance and closed 1575.30 formed bullish candle. hope it come for retest in coming season.
Banknifty breached it's important levels of 34040.80-34147.10 and form a big strong green candle in 1D time frame, so upcoming week we can see 35000 levels easily. banknifty closed at 34606.90, monday it may retest the fist support of 34450 level. In first 15 min candle have to watch how it sustain these level.
if it would be sustain above 1016 level, then will see 1100 level soon. buy after 15 min candle will cross above 1019.95 My view are 1. Heavy volume was seen in last day, and it breaks the resistance level of 1016. 2. It came to previous buy zone which was act as a strong support in the month of march. My Target 1. Short Term Target- 1060.25, SL- below the level...
As ICICI bank is breaks the 634.05 level, looks good for long. My views are 1. It breaks important level with high volume of this month. 2. Last one hours high buying could be seen if it sustain closing levels will go long after 648.35. My Target 1. Short Term target - 664.75 2. Long Term target - above 674.30
The trend line is breaks after spending time at critical levels, which is a follow through as a sign of bullish. My point of views are 1. Make Strong green candle in 1D Time Frame. 2. Bullish candles are being made continuously over a 1 hr Time Frame, which is an indication of buyers are activate. My Target 1. Short term target- if it breaks 1509.35 on up...
stock is in uptrend and gave confirmation in daily time frame and strong volume was seen Friday. I am long for near 425