1. Short around 14600-14650 for 14300. sl 14850
2. Long near 14300 for 14800. sl 14100
3. Short near 14800-14850 for Harmonics D for 13800. sl 15000
4. Long again around 13800 positionally for 17000 targets for 2021
Nifty can be sold on break of the channel and safer side break of black trend line. 12272 can be good to short area for 500-700 points correction!
On safer side, can touch the upward channel! below fall
The levels are as mentioned. On shorter timeframes buying levels came to around 473. But the stock seems to be in very bearish condition. Hoping for reversal. The fall from recent high is steep. Shall reverse around these levels. If comes to around 452-460 bindass add. closing basis sl shall be 445. Target 578.
For someone not ready to risk, buy above 478 for...
All PSU banks are looking strong. Bank nifty is looking strong.
There is major breakout on bigger timeframe. It has been facing quite resistance from sometime. Also it has broken its swing high and went to 93.3
The point from where it started to break down even after breaking the trendline resistance is because it was harmonics point.
10% OI builtup in futures....
Good time to ride the momentum. Break of trendling which is trendline resistance on daily charts. Good momentum accumulation. OI built up since past few days. All set for breaking earlier swing high. Near channel breakout.
Hold for trgt 146.5-149.5. If lucky cross above 150 shall bring 157-166-171.
The orange trendline is impulsive wave which was shared earlier and exact reversal from 2168. The corrective wave then ended at 2267 which is again orange. On shorter timeframe (blue) is the impulse wave and if this is the corrective wave then 2214 low shall be the base for net upmove. If 2240 is breached then 2300++ coming orwise 2196 coming which will also kind...
The stock has seen to come out of consolidation or what we can say kind of Darvas box. Retest of support done at 2302. Long at CMP or at dip around 2320-2325 for 2375-2400++ SL 2190. Personally in near term shall not breach 2400. Only if there is strong momentum go for it orwise 2380 is safest level to book. Can also be sold near 2377 SL 2399 (if reversal candles...
This is for educational purpose. Shall ideally go for next wave. Also it is at bottom of downtrending channel. Safest risk reward. buy near 1250-1255 sl 1240 trgt 1293. Above redline can extend upto 1363.