AS per the analysis BANKNIFTY could fall from 25450-25520 zone between 1:15 PM-3:15PM today (12 Oct) T1: 24860 T2: 24710 T3: 24250 SL: 25730
Buy DWARKESH above 33 T1: 47 T2: 55 T3: 62 SL: 25
It has been observed on NIFTY IT CNXIT weekly chart that a rising trend line has been acting as good support and resistance on several occasions. PS: Request you to use this trend line setup as a supplement to your analysis before taking any position. Thanks, tRex Jurassic Park
Short BTCUSD at between 6190-6200 T1: 6020 T2: 5950 SL: 6260
Buy USOIL at cmp (71.30+) T1: 73.00 T2: 74.50 T3: 76.80 SL: 69.90
Short ETHUSD between 226-217 T1: 203 T2: 188 SL: 240
Gold (XAUUSD) set for a move towards 1260-1282 post breakout
Short CoalIndia below 268 T1: 254 T2: 236 T3: 230 SL: 282
Buy ITC between 266-245 T1: 355 T2: 400 T3: 425 SL: 214
Short DISHTV at CMP (54) T1: 49 T2: 45.60 T3: 44 T4: 41.50 SL: 58.20
Short Silver at CMP(14.413+) T1: 14.28 T2: 14.21 T3: 14.13 SL: 14.51
NIFTY just hit the 1.272 Fib extn of 10208 today. Hence giving a minor bounce. It could give a bounce upto 10500-10540 but it should not be considered as a reversal. Nifty is still expected to be in downtrend or consolidation phase and expecting it to form bottom between 19-24 Oct before a prominent bounce. Lets wait for it to form a bottom before we can...
Buy AUROPHARMA after triangle breakout above 790 T1: 827 T2: 895 T3: 985 SL: 752 Aggressive traders can go long above 746 for same targets with strict SL below 718
Every pullback upto 0.734-0.745 can be used as an opportunity to short with a stop loss above 0.76 T1: 0.71 T2: 0.69