Support and Resistance Profit booking due to tomorrow monthly expiry and -ve Global news
Support and Resistance Short covering towards Monthly expiry eventhough Global Index -ve. Buy on dip
Support and Resistance Nifty Hold breakout in down channel Buy on dip Nifty more bullish than Bank Nifty Monthly expiry - volatility increase
Support and Resistance Short covering 3 rd Gap filled today (14345)
Support and Resistance Today - Fed meeting outcome after 11.30 pm Fear selling after 3 pm FEAR always trapped in UP/ Down direction As per chart - Nifty at lower line of downtrend channel Bank Nifty weak
Long term Birla cable cmp 72, Buy above 75, SL 60, Target 103 - 127 MACD +ve, RSi near to 70 Uptrend channel
Support and Resistance Fear selling and short covering
Support and resistance Rounding Top Formation cmp 234, Sell below 220, Target1 - 178, Target2 -156 SL 246 RSI 47 ( Below 50) MACD moving downwards
Support and Resistance Selling or profit booking at Gap Up level / higher level Buy on dip
Spice Jet Descending traingle Buy above 93.70 (Target 101+) Sell below 83 (Target 69) RSI below 50 MACD bearish crossover (below 0)
Support and Resistance Weekly expiry Tomorrow holiday Uptrend channel
Exide Industries cmp 203 View - at Breakdown level Sell Below 198 Target 187-175 or Buy above 211 Target 220 -230 MACD and RSI - Downward direction
Support and Resistance Downtrend channel breakout with low strength ( Short covering) Tomorrow weekly expiry - Volatility in both sides Thursday - Holiday
Support and Resistance Symmetrical triangle - Breakout or Breakdown level cmp 244, Resistance 260, Support 230. Buy above resistance (Target - 280+) Sell below support ( Target - 210-200) If bought then Book profit at cmp and re enter above 260
Support and Resistance Up trend channel and then 3 Top formation Buy above 174 ( Target 196, SL 153) Sell Below 153 ( Target 142-133, SL 174)
Support and resistance Profit booking at higher level, Falling wedge till intact but new down trend channel formed. Trade as per levels. Short seller became active in call and Put side due to high premium.
Support and Resistance Profit booking due to Global News But recovery at lower levels Buy above resistance level as per mentioned Falling wedge pattern in Nifty Short term falling Down trend channel in Bank Nifty