nifty and bank nifty were trading in narrow range today. most of the f& o stocks too were trading in narrow range today.. nifty was unable to take out slanted trend line today and closed below 50 dma. volatile movement expected tomorrow and ultimate movement will decide the direction of nifty. positive today was nifty able to close above the median line of pitch...
ASCENDING TRIANGLE BREAK OUT WITH PRICE AND VOLUME. CONFIRMING BY THE TREND LINE IN THE CHART TARGET MENTIONED IN THE CHART FOLLOW ME TO GET SUCH IDEAS. LIKE MY POST IF IT HELPS YOU. HOW EVER PRESENT NEGATIVE SENTIMENT PREVAILING IN THE MARKET TRADE WITH PROPER STOP LOSS.
IF IT BREAKS THE SUPPORT SHOWN IN THE CHART IT MAY SLIP TO THE NEXT SUPPORT LINE. WATCH IT CAREFULLY WHETHER IT BREAKS THE SUPPORT OR NOT. FOLLOW ME TO GET SUCH TRADE IDEAS. LIKE MY POST IF IT HELPS YOU.
TOUCHES THE TARGET 2 WATCH MY PREVIOUS CALL. FOLLOW ME TO GET SUCH IDEAS. LIKE MY POST IF IT HAS HELPED YOU
GO THROUGH MY PREVIOUS EDUCATIONAL CALL WHERE I HAD PREDICTED SUB 1300 LEVEL FOR IT FOLLOW ME TO GET SUCH STOCK IDEAS LIKE MY POST IF IT HAS HELPED YOU
IF IT BREAKS 1315 SUB 1300 POSSIBLE. PRZ ZONE COMES AROUND 1233-1228. THIS IS FOR EDUCATIONAL PURPOSE ONLY AS STOCK IS DOWN ALREADY. BODY OF CANDLE STICK AT POINT C COMES UNDER 88.6 OF XA WATCH THIS STOCK CARE FULLY MY EARLIER CALL OF THIS STOCK WAS UP TO THE PREDICTION, PLEASE SEE MY EARLIER POST OF INDUS INDIA BANK
YESTERDAY MARKET TRAPPED BEARS. BANK NIFTY AGAIN BOUNCING FROM IMP TREND LINE PLEASE FIND MY ATTACHED PREVIOUS CALLS. IT SEEMS BANKNIFTY MAY REVERSE AND GET BACK ITS LOST GROUND OF COURSE IT IS TOO EARLY TO SAY PLEASE WATCH CARE FULLY AND TRADE WITH PROPER STOP LOSS FOLLOW ME TO GET RIGHT TIME CALLS. LIKEMY POST IF YOU THINK IT DESREVES
NIFTY HAS BOUNCED FROM THE SUPPORT JUST PROVIDING OPPORTUNITY TO CATCH AT RIGHT PRICE. SAFE BUY ZONE OF NIFTY IS EVEN UP TO 12215-12220. EVEN IF NIFTY FALLS BELOW THIS ZONE BY SOME 20 OR 30 POINTS HIGH PROBABILITY OF ITS BOUNCE BACK TO THIS ZONE IS THERE. I THINK IN CASE OF BANK NIFTY TOO REVERSAL WILL BE SEEN TOMORROW
OBSERVE IT CARE FULLY ONE MORE LEG OF UPSIDE LEFT IT SEEMS
DOWN TO TOUCH 100 DMA BEARISH GARTLEY SHOWN IN THE CHART FOLLOW ME TO GET SUCH IDEAS LIKE MY POST IF IT HAS HELPED YOU
Apart from public sector banks and indusindia,yes bank .kotak bank positive trend seen in axis,icici,hdfc,,hdfcbank,federal bank etc. today bank nifty had NR7 day. expecting break out of bank nifty.
IT SEEMS MORE DOWNSIDE LEFT
it may be taken out . watch and go long.
WATCH MY EARLIER CALLS . IT MAY TODAY OR TOMORROW . CALL WAS GIVEN MUCH EARLIER BEFORE 100 WEEKS MOVING AVERAGE MAY OFFER SOME RESISTANCE. TRADE CARE FULLY WITH PROPER STOP LOSS
MUCH HIGHER LEVELS OBVIOUSLY SEEN. NIFTY IS COMPLETELY IN BUYING MODE. HOWEVER PLEASE DON'T MISS IF IT OFFERS A CHANCE TO GRAB AT 11215-11220 RANGE
PLEASE GO THROUGH MY EARLIER POST FOR CUMMINS INDIA