Please find support and resistance for the coming days. Nifty may touch 15790 soon and then we can see further fall from there.
Please check the channel, What do you think? Please let me know your suggestions.
Short nifty for the target 15500, its a bearish flag. Stoploss 50-70 points from here.
Nifty today bullish because of reliance, and now reliance also faced resistance. Tomorrow it will be a bearish day.
Check the study. As you can see triangle pattern formuation.
Buy only after 1 day candle closing on the above of red line
Buy tomorrow for target 32100
we can see we do have a breakout in titan
Wait for the breakout.
Buy after breakout with 1st target 31500. Stoploss - Day low
Short once it touches 31600 and if you find divergence.
Note : short only if there is a divergence
Short only after breakout
Tomorrow it might be a good fall because of 2 reason :
1. RSI overbought
2. RSI DIVERGENCE
3. MACD Signal
4. TSI Signal
5. Resistance at 30950-31000
Do not short blindly, wait for Price action.
Short once trend line breaks. Momentum of Bank nifty is over
Buy with stoploss 30190
buy or sell only after breakout
Buy with stoploss 29600. High Risk Trade.