SELL NIFTY NEAR 11030-11040 STOP LOSS ABOVE X FOR TARGET 1 AND TARGET 2 NIFTY HAS STRONG SUPPORT AT 10901-10905 IF IT GOES DOWN IT ,IT WILL TRY TO CAPTURE THAT PRICE AGAIN.
In daily time frame nifty exhibits a doji followed by red candle(lower low) In four hours time frame divergence seen between price and oscillator. Bank nifty too exhibit a spinning top followed by lower low red candle. Much efforts needed to over come these for bulls. Nifty unable to pass through the trend line shown in the chart. Nifty has immediate support at...
If takes out the resistance the target is upper trend line.
If take out resistance higher levels possible.
FIND MY CHART OF YESTERDAY
As of now my yesterday posting sell on news holding. Nifty at the support line if it breaks it it may go down further. If holds support there is possibility of bounce. please see my yesterday's posting
one can go long for the target 1 and 2 with stop loss below D
Buy for the target and stop loss below handle
Buy for the target and stop loss is mentioned in the chart.
BULLISH CYPHER PATTERN CD LEG IS SLIGHTLY EXTENDED. TARGET 1 AND 2 MENTIONED IN THE CHART. STOP LOSS AS PER TECHNICAL SHOULD BE BELOW X. BUT CONSERVATIVE STOP I WILL SUGGEST BELOW 200 SMA.
Recently there have been interesting developments taken place in global as well as in local. Enhancement of surcharges on FPI has been with drawn and steps have been taken to boost auto and reality sectors. Globally trade war has been intensified and Dow has dipped by more than 2 percent on friday..Globally economic slow down has been intensified. Question is...
PLEASE FIND THE ATTACHED CHART. CALL WAS GIVEN ONLY FEW HOURS AGO
LONG TATA ELEXI TARGET MENTIONED IN THE CHART.