Stock currently in sideways pattern VCP in play Upside 25.70 & downside 24.70 strong areas Any side breakout will decide decide the future trend Wait for trend break
Stock has corrected approx 10-15 % from its Highs Currently it may remain sideways before starting a trend again Strong areas to be remain as 300 on upper side and 280 on lower side Trade accordingly
Stock currently facing resistance at 3400 Current strong support at 3300 / 3230 May remain sideways in the range for quite some time If premiums remain strong good for strangle or straddle DYOR - Strictly for study purpose
Stock broke Trend line Currently going for LL LH structure 1720 & 1740 remains to be Strong resistance area If remains unbroken stock can head towards 1655 / 1630 area View changes if closes above 1745
Right now stock is holding its strong support zone of 478 If successful stock may make a journey upto 500 without halt If not it may fall and take the more stronger support of 468 In both cases idea voids below 465
Stock currently at strong support area as well as flip zone Buying range 9800-10000 Sl Area - Below 9700 Target 1 - 11500 Target 2 - 12000 Target 3 - 12700 Not a recommendation - For study purpose only
Asian paints 2970-3000 Strong area of support area Also a strong flip zone Stock may do sideways for some time before making a U turn Any close below 2970 will negate the view Expect stock to stop at 3150 - 3225 - 3300 on the way up
1st Hour candle showing clear signs of break of trend Stock has also broken an important support of 4600 Its highly possible that stock may again go it its previous support nor turned resistance area of 4600 From there it will start its proper downward journey, till at least 4450 Any close above 4625 will negate the idea
Stock now resting at previous support area Which also happens to be a flip zone Area can be read as 1550-60 Quite possible stock may take a break here before starting upward journey Any close below 1545 will negate the view If sustains stock may at least try to reach previous high of 1700 Risk reward is excellent, trade accordingly Better to wait for at least 1...
Stock making HHs HLs after giving sharp up trending move Now facing a strong resistance between 716-720 Range contraction in progress If stock manages to breaks with good volumes and candle it will surely try to go to new and uncharted territories View negates below 690 Will wait for a breakout and pullback to happen in 717-723 area
Stock stuck between strong supply n demand zone now 1910-20 will act as current n strong resistance area 1870-80 will act as a strong support area as of now Stock may remain in the zone for the time being before braking out Excellent opportunity for straddle players at the moment as even time n premiums are in favour break above 1930 or below 1960 will negate the trade
Stock at strong support area 160-163 Demand zone in hourly / daily Wait for the right buy candle before entering View invalid below 158 Approx next resistance 175-177
As after fall market has become volatile, it becomes extremely important to trade sector specific and stock specific Here is the analysis of 20 Top Traded Sectors Market seems to be stable right now as we have 6 Sectors Improving 5 Leading 3 Lagging 4 Weakening Overall market may remain Sideways to Positive
Stock standing at strong support area 2710-2750 support zone 2900-2925 resistance zone Stock may go sideways first then may start the journey towards upside again wait for at least 1 HH HL of a good buying candle in this time frame recommended
1st area of support 850 2nd area of Strongest support 798-805 View negates below 780 Wait for proper buy candle or 1st HH HLs to be made Target will be 4 figures in coming few months
Stock reaching near its strongest support area Support area is wide 2075-2125 Stock may try to bounce n give a pullback again in the same area before moving further View negates below 2070 Better to wait for a buy candle n scenario Resistance only above 2230
Bank nifty may try to take support near 51000-51100 areas if so happens will try to remain a little sideways then go positive First upside hurdle it faces at 52350 till then no brakes Market too volatile & choppy, Trade cautiously
Nifty looks like ready to take a halt in downtrend and make a upmove or go sideways it may either try to halt and reverse from 24970-85 levels or the other strongest level 28775-825 Expected 1st move till 25260-80