intelligence7

intelligence7

As per our yesterday's analysis nifty dragged down in the early session but revered back by the closing, We are still bearish on nifty with the levels for short sell will be around 18605-18615, Keeping the same stop loss as 18725 for a potential downside target of 18450-18370 for intraday This analysis is only for the educational purpose and should not be...

intelligence7

Nifty dragging from upper levels seems good time for bears, good to go for sell around 18580-18600 with a stop around 18725, potential downside target 18370 -18190. forming a bearish candle on the daily chart. Prices have been slipping lower from last few days and today’s move indicates further weakness in the near term. The MACD is bearish and below its signal...

intelligence7

BPCL : As per the analysis drawn, it seems that the short is triggered and that the bullish strength should now start to wane. This should lead to a move towards the sell side, which will eventually come into play. The short-term trend seems to be in favour of the bears and a sell around 340-342 with a stop loss near 347 looks like a good idea for a potential...

intelligence7

SUN PHARMA : The market has been bearish for the past few days and it seems that the short-sellers are finally taking control. The 995-998 level looks like a good entry point for a short position, with a stop loss around 1008. The potential downside target is 957-944 This analysis is only for the educational purpose and should not be considered as a...