mon23

mon23

Can short Ambuja cements at CMP with a Stoploss : 232 and Target : 229

mon23

YES bank was not able to close above the 1390 levels and opend below as what i feel is its Resistance at 1390.40, I am going short an Yes Bank at 1376.50 with an immediate target of 1349.81, if it trades below that level keep ultimate target of 1300. Stoploss for this trade is at 1410.

mon23 Updated 

Nifty looks like it has been in the range of 8378-8460 for a few trading days now, it has a an resistance at 8461 and an immediate support at 8381 levels, I am long on nifty as off now need to wait for it to break its resistance to see any kind off up move in nifty failing which we can see a bearish move all the way till 8290.

mon23 Updated 

The donchain channel gave a buy signal for nifty at 8285, Bought nifty at 8330, If nifty breaks 8460 today the next immediate resistance for it is at 8593, if nifty is not able to consolidate above 8460 remain cautious for a change in trend.

mon23

Nifty form's double top pattern on the daily charts, if nifty breaks 8246 watch for a breakout towards 8300.