Breaking 2 years high Closing above200 weekly EMA
Weekly insider bar Range 16900 to 17350 Any day Market close above 16428 will trend changer for bull Any day close below 16920 will open gate for 16400 Market seems to be in range. Can not decide direction till 16900 or 17350 brake
Continuing short stand from last week Nifty try to cross fibo level 0.5% for current down trend and rejected the same. Can see more down level. 16750 bull has to protect. Below that expecting 15000 For Current week market should move between 17200 to 16800 and break range either side
Major Support @ 17150 If 17150 break can see 17000 and 16800 As monthly expiry expecting one bounce till 17500 before next fall for 16800
Weekly Very Strong candle but still not green closing in weekly Expecting bounce till 17400 before again touching 16700 and 16400 Only Bullish above 17600 Nifty touch 200 Dema can give some bounce Volatility can increase and move will be fast for coming week
ITC Seems to made top as per me. NIFTY FMCG also showing sign of exhaustion Expecting side ways move from 320 to 335 before fall
Clear Divergence in daily chart Do not think today's high will be broken in next 1 or 2 month Will short on good RR level . Will update idea when i will short
Nifty in Previous week do not able to break weekly high . Please check out my previous week analysis. I will explain nifty support and resistance from high time frame weekly to hourly on top down structure. WEEKLY TimeFrame (Blue Line) Nifty not able to close above 18114 for 2 time in last 4 week. It shows nifty has strong resistance at that level Nifty...
Gold Broke Major support Expecting at least 200$ down from this level 200 weekly ema broken
Tatachem Range breakout Expect target of 1200 Can have first target of 1180 and 1200 Trading @ life time high
Short term target 880 Long term target 950 Consumption theme
Hindalco Range breakout Above 447 it can do 460 short term Long term no resistance till 500
Bank Nifty Looks strong and heading toward 41000 and 42000 Chart Level Maintained
Nifty Looks Strong. Weekly close is above strong trendline(Red line in chart) Nifty has broken Dow TOP Nifty Target 18130 if 17925 hold for 15 min
Almost broke 2 year high Buy price 780 and sl of 740 for target of 900 in long term
ABFRL 6 Month Breakout Open interest increase by 2.7% Expecting 330 for short term Long term target of 400
Trendline Breakout Check stock like Grasim, India Cement, Lic Housing how it moves after Trendline breakout in Bullish market Long term target 850
Can touch 2000. Weekly there is no proper support .