Possible moves. I am neutral. In Weekly charts, there is still scope for an up move. Same time, in lower time frames, it looks more bearish than bullish.
Nifty target is just 23 points away. After that, we need to look for new direction.
Looks like 24500 will be touched tomorrow itself and then decide the next direction.
Skeptical. Keep a tight SL Sell : Current level SL : 483 Target : 469
Caution: Risk Reward ratio is just 2.3 Entry : Current price SL: 1582.5 Target :1552
Entry: Current price SL: 1786 Target 1: 1749 Target 2: 1737
Buy at current level. SL : 9680 Target : 9920 Next day closing will confirm the entry.
Possible retrace from current position. Target - 24500 SL - 23850
Moved to 920.
It can be sideways or upward retracement. Better not to enter.
Short Entry @ 953 SL @ 963 Target @ 923
Made a 6 point move successfully today. It has more potential downwards. Check my yesterday's SUNPHARMA chart.
That was a sharp and quick fall. Awesome.
I was expecting to enter at 1824 today. But it never reached there. Still it made move from 1817 to 1793. Still not as expected. Check my yesterday's YESBANK chart Tomorrow , you can expect more downward move. Watch out for right entry.
Short Entry @ 192.7 SL @ 193.8 Target @ 189.5 Wait for right time to enter.