10700 on nifty is very crucial resistance if crosses above it may reach 19000 in next 5-7 years
Buy when both the seprt trends give buy signal and add more positions when MA RIBBON turns green ,stoploss should be the minor supertrend tthreshold simillarly with sell, sell when both the supertrends gives sell signal, increase positions when MA RIBBON turns red. Keep an eye on itrabar volumes always.
It is asimple trading technique which can be used on all time frames. The renko brick size can be adjusted by chossing traditional brick size instead of ATR brick method. We can choose the brick size according to our risk appetite for any script. Then by just adding 3 indicators , we can trade on any time frame . for intraday 5min and 15 min works superbly. We...
time to buy bharat forge with a stoploss of 640 for a target of 750+
Any bounce towards 24400 could be used to short bank nifty for Level of 23400 (23% retracement of entire rally from December lows)
escorts broken out above 673 levels after consolidation at low levels after sharp correction ,it is a good positional buy with stop loss @630 for a target of 750 in couple of months
maruti taking support at intermediate channel support and 50DMA .can go long with stop at 7730 and look for 8200 levels provided monthly sales numbers which are going to be declared on 1st of the October are good. RSI bouncing from 40 levels.
RESISTANCE AT 66-67 .A BREAK ABOVE 67 CAN TAKE IT TO 69-71 LEVELS. 64 STRONG SUPPORT.USD BEARISH BELOW 64
A close below 9800 on nifty can lead to 23% retracement level of 9600. A sharp bounce cant be ruled out till 9950 which is a favorable short level with a stop loss of 10000.Value buying may emerge at 9600 levels from lon term investors.
nifty testing a crucial support of 9800 which may be broken
could be double top at 10150-10180 levels great risk reward for shorts on nifty stop loss at 10200 targets 9950/9900/9800,negative divergences of price with RSI & MACD can be seen on nifty daily charts
break above 420 leads to 485 on adani ports in coming weeks
as long as 195 holds torrent power can test 250/285/325 levels in coming weeks
torrent power uptrend intact as long as 195 holds targets 250/285/325 6months -1 year
tgt 1900 sl 1670 on balakrishna industries,strong momentum
strong momentum in balkrishna can take it to 1900+ levels as longa as 1670 holds