Nifty double top at daily chart , there is gap around 15770-15880 very easily can be filled , from Tuesday things will start to look better , valuation will start to look more attractive as correction progress ,
Taking support at imp trendline , can add in 1275-1285 zone if it comes , intraday tgt 1305-1310 , positional 1350-1360 , we should now focus on defensive sector , like insurance , fmcg , lic ipo round the corner , it is going to rerate whole sector
Nifty range for next will be 17770-16930 , there is gap around 17240 might be get filled tomm in opening trade ,
Bank nifty making VCP pattern , extremely bullish sign , if 38200-38000 holds then on closing basis we are heading towards 40000 +
Reliance had broken trendline resistence,now it’s time for Stocks like #ITC and reliance to take leadership in nifty , the race between #adani and mota bhai begins, so can buy reliance for intraday tgt 2400-2420;long term tgt 2750
Itc trading in parallel channel , 223-226 long term support should not break easily , In past IT and banks have taken nifty higher ,Now time for reliance to take leadership .ITC short term tgt 238-240 medium term tgt 260-265 Long term term tgt 300+
Nifty broken important trendline, big support around 17330 if broken then final support for bulls will be 17240 below that trend will be negative , I will not be surprised if nifty touches 16 k in March
Trading in rising channel , good support around 575-580, tgt 592/610, hurdle 600
Inverted head and shoulder pattern , small psu banks ready for big move tgt 18-20
Trading at very crucial trendline resistence if breakes then 2450/2550:short term tgt,long term tgt 2730/3000, budget is postive for manufacturing sector siemens is leader in it
Trendline resistence breakout , 880-885 good support , resistence around 840-845/
Had retested its breakout , minor resistence 2400-2410 , if crossed then 2460/2500 , long term tgt 2750
Taking support at horizontal line : if 615 holds we might get decent rally upto 632//643
Taking support at its trendline , short term tgt 128;, support around 118-119:
Nifty at 15 min chart had retested its trendline breakout , support around 16850/16550 , resistence 17600/17900
Trading in rising channel , support around 72-74, resistence around 100-102 if crossed and sustain then 115/130 next tgt .
Pole and flag pattern breakout , good support around 350-360 , can be budget top pik
Trading at imp trend line support , can touch 1160:in short term , #multibagger stock in making