bullish deep crab pattern identified on NIFTY. extremely high probability of achieving the target of 18200. (C) if rally continues our second target will be 18600 (A) near ATH levels. also, I am using a unique concept of
curved trendline which indicates trendline breakout early than a flat line. we can clearly see that there's been a bullish breakout. current...
axis bank has hit a strong resistance, likely to break down from these levels. go short at current level with SL of 645 and target of 520. all banking stocks are showing weakness, a correction in bank nifty and broader market is underway. however, since we are betting against the trend, follow the stop loss strcitly.
bharti airtel is at a very sweet spot to go long, the risk reward ratio is very favourable. one can go long with a SL of 482 with a Target of 550 on monday. it has shown some trend development in recent days and formation of range has been broken on 2 hr chart, next important resistance at 550. go long and enjoy the profits risk reward ration is extremely...
SBI has touched a strong resistance level of 245, we can see consolidation at that level suggesting a buying buildup. SBI has perfect risk reward ratio entry at current levels.
go long between 243 - 247 with SL of 233.5 and target of 270.
icicbank likely to break out 490 - 470 range, taking nice support from 50 MA. it is a perfect risk reward trade set up going long between 473 - 475 with a stop loss of 465 and Target 520 in short term.
currently NIFTY is in short term uptrend, with begining of a C wave( impulse) of corrective (zigzag). wave 1 and 2 are completed and wave 3 has begun as on 8th jan 2019. The most possible target for wave 3 would be 100 percent fibonccaii extension of wave 1 at (10937.98), in case of third wave extension (look at internal waves for extension signal) we can expect...
