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02:27

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Bank Nifty Nifty opened with a gap around 200 points. Bank Nifty opens gap up, but it is not able to break the previous session high and is not able to fill today's gap up. I think the market is still in seller control, so I think we can expect more sellers after breaking the support level of 51300.

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Today Nifty took support arround 24500 and gave near about 117 points up movement. Cup pattern is formed on the 10 minutes timeframe. If Nifty break previous day high then it may be continue its uptrend movement. Major resistance 24666 and major support 24527. Wait for to complete cup and handle pattern.

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Bank Nifty monthly, weekly and daily trend is a down trend; however, Bank Nifty formed a head and shoulder pattern on the daily timeframe. But there is lots of put writing observed on the option chain compared with call writing, so it is important that Monday's market opens. If banknifty opens the gap down or flat and breaks its resistance, then we can see...

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HDFC bank form cup pattern on daily frame, however on short timeframe is showing w pattern formation so coming treading session I can plan sell positon 1650

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There are a few points that we keep in mind after today's closing. Today, Banknifty closed below today's opening price after trying to attempt upper-side movement. Banknifty got a rejection from near level 54244. Tomorrow if the price crosses below 53909 and stays below this level, we can observe short-term downtrend movement.

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In daily timeframe stock is showning down trend, it is look good for swing short position with target 1500 down side. And SL will be 1569

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EPL Limited (formerly known as Essel Propack Limited),is the largest specialty packaging global company, manufacturing laminated plastic tubes catering to the Beauty & Cosmetics, Pharma & Health, Food, Oral and Home. Company also have 11% FII holding , and face value 2. One think for long term investment.

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Heromotor is at it's daily support line i.e near 5377 , one cane entre into it with target 5555 and SL 5350!

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Asian paints formed rising wedge pattern on daily timefram and price also treding at it's weekly resistance level 3100, which is also be logical resistance number. If price break that level then we can see go upward direction movement in this script. And if price respect weekly resistance level then we can see downfall upto 2950.

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Overall Banknifty showed a downtrend on Friday, however, Axisk Bank formed a cup and handle pattern as per my analysis! The important support level for Axis Bank is 1288, the upper level 1st resistant is 1303 and 2nd resistant level is 1322.

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Bajaj auto showing w pattern brekout one can ride this up trend rally with SL 9500 and traget 9900. It's chart on higher timeframe showing bullishness.

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FMCG showing bullish trend, One can enter in Tataconsum at 1145 with traget 1200. There is symmetrical triangle formed on one hr fram

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SBI showing up trend after consolidate, once can enter into it with SL 844 , It is showing ascending triangle pattern on 1hr time frame

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If 5 minute candle close avove 617 and then we can see up trend in marico with first resistance 630. And If 5 minute candle close below 599 then down trend can be seen. Currently pattern mostly shows bull trend with increase in volume.

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After short term down fall Tata motor can see small pull back. One can enter into with SL 977

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Major stock in Nifty IT also showing uptrend after continous down fall. One can enter into it as swing or positional trading.

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FMCG sector after continous down fall, now it is getting ready for up move. Once ITC retest its support level 424, you can think for entry into it with 1st resitance in upper side 432

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Pharma sector is also treading it support zone. You can think for entry at 1596 and SL will be 1500.