Nifty IT Index Break Long And Short Term Moving Averages And Possible Downtrending Channel Breakdown Below - 41,900. Avoid Long Positions.
Strong Support Zone - 23300 If Nifty Closed Below 23300 Daily Basis, Deploy Fresh Short Positions With Stop - 23450, For Target - 22600.
Buy Reliance If Break 50-Day's Moving Average -1272 And Hold Closing Basis. Buy With Stop - 1240, For Target - 1350.
HDFC Bank daily candle closed below 10 and 50 MA. If HDFCbank break downtrending channel create fresh shorts positions around 1740, 1745, with stop - 1770, for target - 1680. (Time Frame 5-6 Day's)
Negative crossover with volume supported move. Sell Positional ~ 451, With Stop ~ 468, For Target ~ 410. Time Frame - (5 To 8 Day's)
Kotak bank successfully hold their ~ 50, 200 day moving average and close above resistance zone ~ 1813. Buy positional with stop ~ 1800, for target ~ 1950. (Time frame 5 to 6 day's)
If Nifty Succefully Hold - 23850 Resistance Level And 200 Day's Moving Average, Buy Nifty With Stop - 23790, For Target 24400.
Possible breakout near ~ 795, 800 levels. Short-Term Buy ~ 800, 810, With Stop ~ 750, For Target ~ 980. Time Frame - (Positional 10,15 day's))
ICICI Bank breakdown their short term and trend line support. Deploy fresh short position near ~ 1313, 1315, with stop 1330, for target 1270. Time Frame - (Positional)
Nifty face strong resistance near downtrending channel resistance line ~ 24600, 24650 and strong supoort near ~ 24360. If nifty break ~ 24360 level, Deploy fresh short position with stop ~ 24450, 24500 for target ~ 24000, 23900. Time frame - (Positional)
Bank nifty break downtrending channel support zone. Short Positional If Bank Nifty Close Below ~ 53000, 53050 With Stop 53300 For Target ~ 52200, 52000. Time frame - (Positional Trade Setup)
GBPUSD Ready To Testing Small Support Zone Near ~ 1.2850, If Break Next Support Around ~ 1.2720. Sell ~ 1.2930, With Stop ~ 1.2970, Target ~ 1.2850, 1.2720
RVNL Hold ~ 600 Level Successfully. Buy Positional ~ 620, 615, With Stop ~ 595, For Target ~ 700, 750. Time Frame 5 ~ 6 Day's.
Strong Trendline Support Zone Near ~ 310, Buy ~ 325, 327 With Stop ~ 305, Target ~ 400. Time Frame 4 ~ 5 Dya's
Nifty Face Resistance Near Life High Short ~ 24385, 24400 With Stop ~ 24510, For Target ~ 23300, 23200 Time frame 5 ~ 6 Day's
Nifty break trendline support which placed on ~ 22650. Nifty sell positionally near - 22580, 22600 if open gap up, with stop ~ 22670, for target ~ 21700. Time frame 5-6 day's.
Reliance currently traded below short-term moving average and break 5 months support level. Sell Relinace ~ 2800, 2810, with stop 2845, for target ~ 2640
IndusInd formed bearish engulfing candlestick pattern on daily chjart. Weekly chart closed below previous support ~ 1510. Sellling Zone Current Market price ~ 1446, 1450 Stop Loss ~ 1528 Target ~ 1244 Trade nature: Positional