Description: "I am looking to take a short position on Nifty 50 as the price touches the 17663 level on the 15-minute chart. This level has previously acted as resistance and could potentially act as resistance again, leading to a reversal in price. I will be closely monitoring price action and volume to confirm the entry and will have a stop-loss in place to...
Description: ABB India stock has formed a saucer with handle pattern on the chart, which is a bullish chart pattern indicating a potential buying opportunity. The saucer shape shows a gradual bottoming out of the stock price followed by a period of consolidation, while the handle represents a brief period of retracement. The stock is currently trading near the...
This stock has been exhibiting a bullish trend as it trades within a parallel channel on the upper side. The price has consistently bounced off the support line and continued to reach higher highs, indicating a strong upward trend. This presents a potential trading opportunity for traders looking to go long on the stock. With a clear support and resistance level,...
My Analysis on Bank Nifty for next week in this chart i have given two targets for this week target 1 and target 2.