miraldesai

miraldesai

Technically on the daily charts major Nifty Spot Trend line support comes @ 16900 whereas minor resistance on the upside is capped around 17466 level. Closing above 17466 on upside we are heading towards 18300 . Closing Below 16900 on downside More weakness towards 16000 . Below 16900 only NIfty Spot looks Weak for now. Watch 14 RSI above 50...

miraldesai

Technically on the daily charts we see major support on the downside @ 1465 and 1414 levels, whereas major Trend Line resistance on the upside is capped around 1540 level. If breaches minor resistance on the upside and closes above it, we may see fresh breakout and Stock can Lead towards higher levels around 1580/1621 and 1669 levels in Short Term. Next...

miraldesai Updated 

Technically on the daily charts we have seen impluse move in wave 1, major support in Wave 2 on the downside comes @ 78% Retracement @ 37868. 61% Retracement @ 37091 and 50% Retracement @ 36545, whereas minor resistance on the upside is capped around 38300 level. Closing above 38300 on upside we are heading towards 40116 , 40644 and 41717 in...

miraldesai Updated 

Technically on the daily charts we see major support on the downside @ 803 levels, whereas minor resistance on the upside is capped around 847.50 level. If breaches minor resistance on the upside and closes above it for 15min , we may see fresh breakout and M_M can Lead towards higher levels around 868/907/959 levels in Short Term. For Educational...

miraldesai Updated 

Technically on the daily charts we see major support on the downside @ 2505 levels, whereas minor resistance on the upside is capped around 2588 level If breaches minor resistance on the upside and closes above it For 15min , we may see fresh breakout and Hdfc can Lead towards higher levels around 2765/2845 levels in Short Term. For Educational Purpose...

miraldesai

Banknifty seems to be in Running trangle after Long trending move. Consolidation can go on for few days or weeks before next upmove. Upper range : 38300 Lower Range : 37100 Break of above levels only we can see further moves. Below the gap support @ 37800 fall can accelerate. All views for education purpose only Regards, MD.

miraldesai Updated 

Divergence in Price and RSI shows short covering and upside movement going forward in Jan Expiry Buy above 2415 15min bar close SL close 15min bar below 2310

miraldesai Updated 

Technically on the daily charts we see major support on the downside @ 56.50 levels, whereas minor resistance on the upside is capped around 61.30 level If breaches minor resistance on the upside and closes above it for 15min, we may see fresh breakout and BHEL can Lead towards higher levels around 70/78.50 levels in Short Term . Breaking out of the ...

miraldesai Updated 

Technically on the daily charts we see major support on the downside @ 450 levels, whereas minor resistance on the upside is capped around 266 level If breaches minor resistance on the upside and closes above it, we may see fresh breakout and State Bank of India can Lead towards higher levels around 475/501 levels in Short Term very quickly . For...

miraldesai

What Next after Nifty's Long trending move Nifty closed @ 17925 Level. RSI around 80 looks overbought. Next Long entry comes after RSI cools around 50 with price retracement around 17774 or 17646 Below *17550* Cautious Should be taken. Without proper Trading system or Plan making money in nifty will be difficult. For live trade setups...

miraldesai Updated 

Outlook for Nifty Bank for the Dec Expiry Technically on the daily charts we see Major support on the downside for NIFTY BANK index lies at 34000 levels, whereas Major resistance on the upside is capped around 35550-35650 levels. If NIFTY BANK index breaches Major support on the downside and closes below it, we may see fresh break down and index can drag...

miraldesai Updated 

Technically on the daily charts we see major support on the downside @ 1410 levels, whereas minor resistance on the upside is capped around 1457 level If breaches minor resistance on the upside and closes above it, we may see fresh breakout and HDFC Bank can Lead towards higher levels around 1570/1610 levels in Short Term . For Educational Purpose Only

miraldesai Updated 

Reliance Break out from falling channel after long time. RSI after many failed attempts above 50 sustained yesterday with respect to the falling channel. Reliance Short term Targets comes @ 2600 Trade Long 15min Bar close above 2423 SL 2357 Target 2600 . Follow me here for timely Open Trades Update, Happy Trading Regards, MD

miraldesai Updated 

Technically on the daily charts we see major support on the downside @ 1069 levels, whereas minor resistance on the upside is capped around 1140 level If breaches minor resistance on the upside and closes above it, we may see fresh breakout and TATA STEEL can Lead towards higher levels around 1246/1301 levels in Short Term. Next major resistance @ trend...

miraldesai Updated 

Nifty Last week Dec Long Short Trading Idea, Keep Volume Low Book 50% Profit @ Target 1 and Trail SL to Cost. For Educational Purpose Only

miraldesai Updated 

Technically on the daily charts we see major support on the downside @ 1720 levels, whereas minor resistance on the upside is capped around 1791 level If breaches minor resistance on the upside and closes above it, we may see fresh breakout and Kotak Bank can Lead towards higher levels around 1922/1985 levels in Short Term. For Educational Purpose...

miraldesai

MTNL range break out with volumes indicate Big upside in coming months. As the Land Bank story yet to play out some Good news in near future. Targets of 94/150/196 can be expected in next 6months. 5% allocation of fresh capital can be allocated. Above views Educational purpose only.