seems to e Sideways till now waiting for the opportunity, Vix is 25+ and Nifty P/E is 40 , Be cautious !!
SHORT @ 202.5 TARGET TARGET NAER 199.5-199 SL 204
If price breaks down level of 32240 and price sustains below on 10 min time frame will go with 32200 PE , Note : this it my personal view do your research before taking any kind of position .Present waiting for Break down
Important level 32500 , if price rejects this level and sustains for 10 min chart ,will go according
I AM EPECTING A FALL IN BNF TODAY AS PER CHART ANALYSIS ,LET'S SEE
ACCORDING TO ME ON 1 HR CHART BNF FOLLOWING A TRANDE PATERN IF PRICES COMES AND SUSTAIN ABOVE 32290 ON 10 MIN CHART CAN GO LONG FAS PER WAVE , AND IF THE PRICE REJECTS LEVEL 32290 ON 10 MIN CHART ,WE CAN SEE PANIC SELLING AS IT WILL ACT AS physiological LEV AND PANIC SELLING CAN BE SEEN . IN MY OPITION IT WILL SHOT UP AS PER DATA (O.I) HUGE ACCUMULATION SEEN IN...
IT will be good stock for swing best price to catch at 716 - 718 near Anchored-VWAP will touch its resistance again ,if it able to break the zone will be rocket in short time . Stop loss can be nearest swing low at 708 or one can take SL as supply zone for safe side. Risk Reward is good in ration , for aggresive traders one can enter on the formation of Higher-low...
as per my analysis best time to take position as on daily chart it closed above SMA 20, On weekly and monthly RSi is positive too. Flag pattern can be seen
IF IT OPEN Above sma 20 ,One may take position and can get 5-7% upside move . important Fib Level of 0.61
IF it breaks with a good volume then can be a BOOM BOOM , Moving Averages giving signal of Big Move
seems good on technical chart to get 10% target as swing trade SL below nearest swing
Crucial level if it break down will go short if it breakout will go long, My personal view as can been seen a downfall
seems to be good support at 738 .i will take long position @ 378.4. let price come to us . one should not run behind to catch. if missed next will come . said by my Guru Ji NK
IF Price sustain the level of 31378 with break out will go long with 31400 ce .lets see
you can see price respecting the trend line in time frame of 5 min , 10min, 15min as well in 30 min. if it breaks will a big move in any side