HUL looks bullish before budget, high chances it can go up. Swing Trade - once 2600 crossed, then it will be pure strong short selling and later it may go up to the swing high. but make sure your stop loss remain tight and legit.
Indication:- Double Bottom Short Term correction done weekly Expiry is over and now monthly expiry I am long as per the theory bank nifty has made high so nifty has to make a new short term high All the negative news have been discounted.
Just in any case, Neck Line is broken. This can go towards the previous support.
I find It a good opportunity of investing in PVR in the month of june, as all the negative news are discounted as of now and from here there is every positive.
I am simply Stating this on experience that, RIsk Reward and Reliance all are Triggered well if you believe in RELIANCE. Showed an Exceptional move in the last hour and closed at high. In upcoming months I expect it to create a fresh high with nifty around 18200. Nifty has bottomed out on weekly basis and be ready for some Strong moves next month.
I find a possible breakout on Upside on Weekly chart. As It is a clear Flag and Pole Pattern and Best believe it is going for targets 310- 320. 1-3 months. There is also a possibnilty of faking out so I would request all of you to wait for the last day closing. (friday candle stick)