Stock_TechPro

Stock_TechPro Updated 

Hey friends...... look at the chart of Voltas (Daily), it seems that the stock has been forming head & shoulder formation and took resistance near its right shoulder, however my view on the stock is in bearish side, one may go short with a target of 555 to test its neckline & further downside may be expected if it broken down the neckline. Shorting is best at this...

Stock_TechPro Updated 

All the technical parameters seems that AXIS Bank may try to reach 700 levels once more time if the market remains positive, the stock shows the hammer pattern on its lower levels and extreme supply pressure shown around 675 levels. Once it breaches 675 levels, we may see 700 levels very easily. On down side, there is a good demand area around 635 levels...

Stock_TechPro Updated 

Long Nifty at this point for a target of 10950 as Bulls made their best attempt to break the range and gained. SL should be around 10860.

Stock_TechPro

Hey friends ..... look at the hourly chart of Nifty , It shows Head & Shoulder pattern and the support look visible @10950 levels where resistance will be around 11100 levels. If Nifty breach the resistance, we may see levels of 11250 levels possibly. where as breaching the support we may further declined upto 10650 levels or so more. Wait to take any position....

Stock_TechPro

In this chart, we can see that Maruti shows strength during last few sessions, and if it crosses or gap up open and stays above 6225 levels in next few sessions we can see some good up move in the stock. However, 5920 levels will be immediate support for any long position in the stock. Stay tuned and just wait to break the both levels whether it will take support...

Stock_TechPro Updated 

On examining the chart of SBIN, it shows that the stock has been given Head & Shoulder breakdown before two days and also in the same direction. Traders advised to make their position precisely according to trend of the stock in daily chart for further down move towards 300 levels to complete the pattern. Technical indicators also shown bearishness for further...

Stock_TechPro Updated 

On assuming chart of Crude Oil, it seems that we may see the move towards 61 levels in forthcoming days. After a mild correction, its now on the same track.

Stock_TechPro Updated 

Bank Nifty having broken the trend line and next target is 29450 levels to fill the gap area, and if broken these levels we may see big downside towards 28500 levels NSE:BANKNIFTY

Stock_TechPro Updated 

On examining the chart of NIfty Hourly time frame, it clearly suggest that there is no big movement seen in Nifty till its crossing of 11650 levels which is a crucial immediate resistance level for Intraday. Not suggesting for short as FIIs having longs in CE option and futures. However, it may be a good shorting area for risky traders to short here after...

Stock_TechPro

According to chart pattern of Bank Nifty it seems that it is on the very strong support. BN may be shorted if it breaches 30280 levels on closing basis for 30000 levels where is also one of the powerful support which breaching causes very big downside in the Banknifty. Stay calm and just wait for bounce or break the support at this levels.

Stock_TechPro

Bank Nifty is near strong support of 30260 levels.

Stock_TechPro Updated 

As mentioned in my previous studdy, Nifty made a reverse cup and handle pattern which is support around 11750 levels. We may see some correction in index if it broken this Support level and may touches the level of 11500 as early as possible. If sustain above 11750 levels in coming days and all global market may support we may saw an upside breakout of 12300...

Stock_TechPro Updated 

As the chart shows, USDINR has been broken down its major support of 68.75 in today's session. Which was a crucial support of the Currency since last 4 Months. It seems that, it may now going towards 67 levels in next few months. we recommend to go short in USDINR if it bounce from the 68.5 levels in the coming days for some good quick returns.

Stock_TechPro Updated 

On looking of daily chart of Nifty, it shows that Nifty is making an Inverse cup and holder formation. Lets wait for the breach of trendline around 11810 levels for downside position. Short Nifty if breaches 11810 levels for big potential downside according to pattern downfall.

Stock_TechPro Updated 

The chart shows that Nifty is near Intraday resistance trend line, Short if break 11850 levels for small gains. Keep strict SL. Intraday trade only.

Stock_TechPro Updated 

TCS having breakout from the range of 2278-80, but the volumes are low.

Stock_TechPro Updated 

Nifty is still trading in a Negative channel and range bound formation may be seen ahead. The Hourly chart shows that Nifty is reached in Supply zone till 11845. Closing above 11810 may strengthen the indices. Further strong support is placed near 11640 levels. Still have enough call writing at 11800 levels shows range bound movement.

Stock_TechPro Updated 

As per the chart, last 4 hours of consolidation in Nifty further broken down to downside. Further support @ 11700 and 11620 levels.