Nifty Currently Trading Downtrend Channel And After Long Time Nifty Testing Their Upper Band Resistance Zone. Upper Trendline Resistance Zone Placed Near ~ 17523, If Nifty Successfully Hold ~ 17523 Level Closing Basis You Can Buy With Stop ~ 17380, Target ~ 17830.
Nifty Indicating Break Their Short Term Support Also Break ~ 50% Fibonacci Extensions. Sell Positionally Nifty April Future ~ 16987, With Stop ~ 17293, For Target ~ 16070. Expected Target April Expiry.
Reliance Faces Heavy Resistance Near ~ 210 Day EMAs. Delivery Based Selling Appears On Daily Chart. Sell Reliance ~ 2320, With Stop ~ 2373, Target ~ 2060, 2080. Expected Target March Expiry.
Polycab Break Their Short Term Trendline Support, Next Important Support Zone Near ~ 2708 And Weak RSI Indicating Weakness Continue Upcoming Sessions. Sell Polycab ~ 2946, 2965, With Stop ~ 3010, Target ~ 2750, 2700 Expected Target March Expiry.
Symmetrical Triangle Pattern Formed On daily Chart With Weak Buy's And Shallowing RSI Indicating Further Weakness Upcoming Sessions. Sell ~ 108, With Stop ~ 102. Target ~ 94.50, Expected Target March Expiry.
Apollo Hospital Unable To Cross Trendline Resistance And Last Few Trading Sessions Closes Below ~ 210 Day's EMA. If Channel Breakdown No Strong Support Seen At Current Levels. Next Important Support Around ~ 3720. These Causes Are Apollo Hospitals To Move In ICCU. Aggressive Trader Short At ~ 4235, With Stop ~ 4318, For Target ~3700, Expected Target April Expiry.
Triangle Pattern Appears On Daily Chart, Upper Trend Line Act As Strong Resistance And Rising Selling Volume Seen On Chart. Sell ~ 1682, With Stop ~ 1723, Target ~ 1560. Expected Target April Expiry.
Bajaj Auto Taking A Support Near Regression Base Line. Good Opportunity For Swing Trade With Small Stop Loss ~ 3750, Buy ~ 3795, Target ~ 3950, 4000. Expected Target ~ 7 ~ 8 Trading Day's.
Nifty Currently Trading Descending Channel, Making Lower High Lower Low. Sell Nifty ~ 17410, With Stop ~ 17580, Target ~ 16900, 16800. Expected Target 4 ~ 5 Trading Day's.
Mphasis Breakdown Trendline Support With Huge Candle And Weak Rising Volume Appears On Daily Chart. Short Near ~ 2090, 2100, With Stop ~ 2145, Target ~ 1950, 1930. Expected Target March Expiry.
Reliance Showing Initial Sign Of Weakness Near ~ 2424, And Weak Volume Appears Hourly Chart. Sell Near ~ 2425, 2435, With Stop ~ 2451, For Target ~ 2330. Expected Target Feb Expiry.
HDFC Bank Unable To Break Their Previous Resistance Zone ~ 1670. Sell Near ~ 1660,1670, With Stop ~ 1680, Target ~ 1590, Expected Target Feb Expiry.
Axis Bank Break Trendline Line Support Sell Positional ~ 913, With Stop ~ 940, Target ~ 850, Time Frame ~ 6 To 10 Day's.
Nifty Facing Strong Resistance Near ~ 18090, Spot Level. Weak RSI And Closes Below 50 ~ Day Exponential Moving Average ( EMA ). Short Near ~ 17920, 17940, With Stop ~ 18080, For Target ~ 17382, Expected Target Jan Expiry.
Infosys Face Strong Hurdle Near ~ 50% Fibonacci Retracement Level, Sell Positional~ 1515, Stop ~ 1550, Target ~ 1425, Expected Target Jan Expiry.
HDFC Exact Retraced Their Resistance Zone ~ 2690, Sell With Stop ~ 2700, For Target ~ 2500 Short Term.
Rising Wedge Breakdown Negative For Long Term And Short Term, RSI Also Weak. Sell Positional With Stop ~ 2580, For Target ~ 2350. Expected Time Jan Expiry.
Three Black Crows Candlesticks Pattern Formed On daily Chart, The Bears Use This Opportunity To Create Three Consecutive Bearish Candles, Sell Positional ~ 1522, With Stop ~ 1562, For Target ~ 1350, Expected Target Jan Expiry.