On Daily time frame SUNPHARMA created flag pattern. If this stock gives breakout the resistance zone and started trading above 790 then expected further bullish rally towards the 930+ target in short term period.
Educational: According to Dow Theory, the bull markets are trade with three distinct phases, which are self-repeating. These are called the Accumulation phase, the Markup phase, and the Distribution phase. Initial 2 phases we seen 2 time repeating on the nifty's bull rally. Now we need to focus on 3rd phase which can be distribution phase after this 2 cycles....
Today will be gap up opening in banknifty. After opening if banknifty sustain above 38050 level then expected it will continue it's bullish rally towards the new high 38450 to 34950+ level in today's session. Downside only possible if banknifty starts trading below 37950 level.
NIFTY will open above 17900 level in today's session. After opening if it sustain above 17900 level then it will extend bullish move upto 17940. 17940 will act as an immediate resistance after opening. In case banknifty gives breakout of this resistance will result strong upside 100+ points movement in NIFTY. Any bearish movement only possible if nifty starts...
In today's session, Maruti Suzuki gives breakout of the wedge pattern. If this stock sustain above 7340 level then expected it will give target 8330+ in short term period. During this rally this stock may be face immediate resistance at 7660 level which is our initial target. Small correction chances from this level. We can initiate this position with short term...
Nifty will open above 17900 level in today's session. After opening if nifty sustain above 17940 level then expected it will extend its bullish rally towards the new high 18000+ level in today's session. Downside correction movement possible if nifty not sustain above 17940 level.
Today will be gap up opening in banknifty. After opening if banknifty started trading above 38050 level then expected strong upside movement of 400-500+ points in banknifty. Downside only possible if banknifty started trading above 37950 level. For today's session 37550 will act as a strong downside support.
Today nifty will open slightly gap up. For today's session 17790 will act as an important support for NIFTY. Any downside only possible if nifty gives breakdown of this support and starts trading below 17760 level. After taking this support expected nifty will continue it's bullish rally towards the 17900+ level.
Today will be slightly gap up opening in banknifty. After opening banknifty will face immediate resistance at 37950 level. Chances of some correction from this level. Downside 37550 will act as a strong support for today's session. In case banknifty gives breakout of 38000 level and started trading above 38050 then there will be further strong bullish rally...
Today will be gap up opening in nifty. Expected it will open above 17620 level. If nifty sustain above this level and started trading 17660 then expected strong upside movement in nifty upto 17790+ in today's session. Downside 17530 will act as an important support for today's session. Strong downside only possible if nifty give breakdown of this support level.
Today will be gap up opening in banknifty. After opening expected it will continue it positive movement upto 37450+ level. Upside 37500 will act as an immediate resistance for banknifty. At this level possible some correction movement in banknifty. In case banknifty gives breakout of this level and started trading above 37550 level then strong upside movement of...
Today will be slightly gap down opening in nifty. For today's session 17500 will act as an important support for NIFTY. Downside only possible if nifty started trading below 17480 level. Strong bullish move of 100-150+ points possible if nifty give breakout of 17620 resistance level.
Today will be slightly gap down opening expected in banknifty. After opening if it sustain above 37050 level then expected it will continue it's bullish rally towards the 37500 and 38000+ level. Strong downside possible if banknifty started trading below 36950 level in today's session.
Expected nifty will open above 17435 level. If it is sustain above this level then will continue upside rally upto 17570 level. Chances of reversal from this level in NIFTY. But in case breakout then possible strong upside movement. Downside 17370 is important level for today's session. If breaks it change the market trend as well as possible quick fall upto 100+...
Today will slightly gap up opening in banknifty. For today's session important support level for banknifty is 37000. In case banknifty break this support and started trading below 36950 level then strong downside fall possible in today's session. Same for upside 37500 is resistance level. If it starts trading above 37550 level then it indicates correction is over...
Today will be gap down opening in nifty. After opening upto 17435 level downside possible in nifty. At this level nifty will face immediate support and possible it will continue it's bullish rally. Strong downside and trend reversal only possible if nifty starts trading below 17370 level in today's session.
Today will be gap down opening in banknifty. Expected opening near 37500 level. Further downside only possible if banknifty started trading below 37450 level. After opening 37500 will act as an immediate support. More chances banknifty will take reversal from this level.
In daily timeframe, AMARAJABAT showing the breakout of downtrend channel. After this breakout if this stock sustain above 720 level then expected 825+ target in upcoming few trading session. Can go long above 720 with nearest stop loss of 690 for target of 755,790 and 825+ targets.