daddycool123

daddycool123

IMPORTANT POINTS 1.11350-400 A STRONG RESISTANCE ZONE 2.11050-65 AND 10890 STRONG SUPPORT ZONE.

daddycool123

IMPORTANT POINTS 1.CLOSING BELOW 21000 TGT 19500 1.CLOSING ABOVE 22000 TGT 23000

daddycool123

SUNTV LEVELS 1. BUY ABOVE 400 FOR A TARGET OF 422 2. SELL IF WE GET A CLOSING BELOW TREND SUPPORT LINE FOR A TARGET OF 368/358.

daddycool123

TRADING SCENARIOS 1.STRONG SUPPLY ZONE NEAR 10750-11000 2.CLOSING ABOVE 10750 CAN HELP IN FILLING OF GAP LEFT NEAR 10989 3.CLOSING BELOW THE REDLINE SUPPORT WILL LEAD TO NIFTY TESTING ITS SUPPORTS NEAR 10194 AND BREAKING THAT CAN TRIGGER MORE PANIC. 4.GAP NEAR 9550-9890 WILL ACT AS A GOOD DEMAND ZONE IF IT IS TESTED.

daddycool123

NLC INDIA SETUP 1.FORMING AN ASCENDING TRIANGLE 2.CLOSING BELOW LOWER SUPPORT LINE WILL TRIGGER A SELL OFF 3.CLOSING ABOVE 52 WILL BE CONSIDERED AS A PATTERN FAILURE AND THE STOCK CAN ENTER IN A BULLISH MOMENTUM.

daddycool123

MUTHOOTFIN HAS ALREADY MADE 2 UNSUCCESSFUL ATTEMPTS TO CLOSE ABOVE 1200.A CLOSING BELOW THE SUPPORTING TRENDLINE RESISTANCE CAN TRIGGER A DESCENT CORRECTION HERE. 2.ANY TWO CLOSING ABOVE THE UPPER RESISTANCE LINE WILL HELP IN NEW HIGHS BEING CREATED IN NEAR FUTURE. CONSIDERING THE VOLUME WITH WHICH BREAKOUT HAPPENED AND THE CONSOLIDATION NEAR 1070-1120 EXPECTING...

daddycool123 Updated 

PEL TRADING SCENARIOS: 1.BUYING ABOVE 1370 ON A CLOSING BASIS FOR A TARGET OF 1500/1550 2.SELLING CAN COME IF WE HAVE A CLOSING BELOW 1275 AND IN THAT CASE ITS WEEKLY SUPPORT NEAR 1020 CAN BE TESTED IN NEAR TERM 3.BREAKOUT ABOVE THE UPPER END OF THE CHANNEL CAN END THE LONG TERM BEARISH TREND IN PEL WHICH HAS BEEN GOING SINCE SEP 2018.

daddycool123

BANKNIFTY TRADING ON SCENARIOS: 1.CLOSING ABOVE 22000 TARGET WOULD BE 24530. 2.ANY CLOSING BELOW 20800 TARGET WOULD BE 19500/18750. LET'S WAIT N WATCH....

daddycool123

CHOLAFIN IS NEAR 38.2% RETRACEMENT LEVEL FROM ITS HIGHS OF 348 BREAKING OF 216 ON CLOSING BASIS CAN LEAD ITS REALLY TO 235-40 ELSE IF 194 BREAKS ON CLOSING BASIS WE MAY SEE 175-70 LEVELS SIMPLE AS THAT...

daddycool123

A GOOD SHORT CAN BE INITIATED IF IT GIVES A CLOSING BELOW 138 WITH A SL OF 144 FOR TARGETS NEAR THE BOTTOM ZONE OF THE CHANNEL IN NEAR TERM.

daddycool123 Updated 

current patterns: 1.trading in parallel channel 2.closely following trendline support 3.mid of parallel channel will act as resistance and the trendline support confirms that if the whole channel is broken downside. 4.if it breaks upper channel then we can see testing of resistance of 350-360. CLOSELY OBSERVE THE PATTERNS WE WILL SURELY GET GOOD MOVES AS MULTIPLE...

daddycool123

current patterns: 1.trading in parallel channel 2.closely following trendline support 3.mid of parallel channel will act as resistance and the trendline support confirms that if the whole channel is broken downside. 4.if it breaks upper channel then we can see testing of resistance of 350-360. CLOSELY OBSERVE THE PATTERNS WE WILL SURELY GET GOOD MOVES AS MULTIPLE...

daddycool123

GLENMARK IS STRONGLY FOLLOWING TRENDLINE SUPPORT WITH RESISTANCES CAPPED AT 437 AND 458.THE ARROWS PERFECTLY CAN TELL US WHAT CAN BE THE SCENARIO FOR TOMORROW.

daddycool123

DIVISLAB IS STARTING TO MAKE THE SAME RECTANGLE CONSOLIDATION PATTERN THAT IT HAS FOLLOWED THREE TIMES AND WHENEVER A BREAKOUT HAPPENS WE HAVE SEEN ALMOST 190,270,430 POINTS IN PAST.CONSIDERING IF WE HAVE A SAME PATTERN IN NEAR TERM AND IF A BREAKOUT HAPPENS ABOVE THE RANGE WHICH WE ARE PREAMPTING AS IT IS NOT CONFIRMED THAT WE HAVE A NEAR TERM RESISTANCE AT 2550...

daddycool123

SRTRANSFIN IS TRADING IN A CHANNEL AND HAS SUPPORTS AT 640 AND 607 AND IS CURRENTLY AT UPPER ZONE OF THE CHANNEL.BREAKING UPPER RESISTANCES CAN HAVE AN INITIAL TARGETS OF 725 AND 807 IN NEAR TERM WITH STRONG SUPPORTS NEAR THE BOTTOM END OF THE CHANNEL.

daddycool123

banknifty is trading in a parallel channel with upper resistance at 20975 and support near the lower channel 20145.A close above 20975 can see further upside and a close below 20145 will see the market testing back the day's low in near term.For intraday this zone can be traded for returns on both sides.

daddycool123

banknifty is near its support of 20145 a closing below this will help the bears in filling down the lower gap of 19250.If it takes a support at that level then we can see a rebounce and it might test the upper trendline resistance.

daddycool123 Updated 

BHARATFORG HAS BEEN FORMING AN ASCENDING TRIANGLE PATTERN WITH A DIVERGENCE SEEN IN THE VOLUME.IF THE BREAKOUT IS THERE SURPASSING THE AVERAGE 60 DAY VOLUME THE BREAKOUT WILL BE CONSIDERED SUCCESSFUL AND IF WE HAVE A SMALL RETRACEMENT NEAR THE BREAKOUT ZONE IT WILL BE A PERFECT BUY ENTRY FOR AT LEAST 100/110 POINTS MOVE IN NEAR FUTURE.