If break resistance zone we can see good movement upside.
Pidilite is on Bullish trend as of now. Moving with in ascending channel pattern , if tomorrow will on same momentum than only this setup will work. Targets T1-1407-1409 T2-1415-1418 T2-1425-1428 Invalid below support level which is 1395-1385 (SL for Swing trade).
After breakout we can see good movement.
Range bound from 26th June. Very good candidate to trade after breakout .
BAJAFINSV good to buy Entry , SL and Targets level are marked.
Buy near trendline and support level. Targets are marked.
If candle crossed this resistance trendline and continues taking support near by support trendline than Maruti good to buy. Or might take support on support zone which marked with red lines. RSI 50 plus & NIFTY is coming on bullish mode so chances are high for upside.
IF crossed 2980-3000 level next level will be 3150 and if again facing same resistance at 2978-2980 near level than downside range will be 2800.
Valid up-to 16048-16200 above level. Targets are marked on chart.
Nifty is in ascending triangle. Upside If Nifty taken a support on demand zone we can see breakout from triangle 10415 - 10510 very good buy zone , nifty will speed up on this zone. Downside If triangle breakdown 1st level will be test 10160-10130.finally should take support near about 10000.
Nifty is moving in ascending narrow channel. As per price action and Trend-line concepts nifty will be trade between 10000 to 10700 if respect support & resistance trendline.
26th Will be trending day If candles are taking support at support trend line targets should be 21989/22184/22393 near by levels. If candles are facing resistance at resistance trend line than target should be 20537/20058/19565.
26th will be trending day Scenario Upside It's difficult to reach above the level 10380-10400 /10440, if any case reached than look for sell opportunity. In any case sustain on this level than 26th will again become trend changing day and as a result Nifty again bullish. Downside If open below the level 10280 level we can see good downside fall. Targets...
Confirmation factor to sell nifty 1. 20/50 EMA rejection 2. Trendline break 3. Resistance level 10390- 10400
Scenarios Case upside if bounce back from 10500 near by level go for buy side book 40-50 points safe side Case downside if crossed 10500-10480 level go for sell & target 10430-10400
If resistance trend line breaks with vol we can see a upside movement. 1st target 452 , 473 & if crossed 480 we can see 500 plus level.
Sell below blue line target green line. Buy above blue line target green line.