The stock has reached the uptrend target and now ready for a fall
Axis bank has broken the trtiangle pattern and retested
State bank of india has taken a previous support in monthly chart
CRUDE has reached the target and ready for a fall
Nifty can trade in a bearish trend till 10400
Finally Nifty 50 has reached the target of 1.618 level and from the current level we can expect another 100 to 150 points upside for a STOPLOSS HUNTING
The index can trade side-ways after it reaches the target
NASDAQ is trading in Distribution zone can trade on side-ways for few days
Till the pattern break at either side of the parallel channel or symmetrical triangle line it is expected to trade in a range bound currently trading at 1) monthly trendline (yellow line) 2) weekly close and high low (purple line) 3) parallel channel 4) symmetrical triangle (white line) 5) Fibonacci level
The Earlier target has reached and now look bearish
The earlier given target has reached with 1.618 + 50 points stoploss hunting now look bearish to touch the next support which is again 1.618
BANK NIFTY LOOKS to topout at triple top