Nifty witnessed a sharp selloff last week from the highs . Market looked to be sideways to down this week but contrast to that , it has broken out of the wedge pattern on monday and today it moved above minor resistance of 17,800 yesterday's high . NIFTY is expected to test the highs once again this week so selling PEs might be a sensible idea to trade this week's...
Hey guys , hope you are doing fine and having a great day. With global markets moving in uncertainty , the markets in india are also witnessing good upswings and downswings recently. Bank nifty after creating a new all time high this week has been in a strong sell off and witnessed some buying near the 37,000 area on Friday . Rally doesn't look strong enough and...
BANKNIFTY witnessed a volatile move this week with fast up and down movements and closed near the all time highs once again . 38,100 remains a key resistance level for BNF next week as the sell off earlier from these levels was strong . So expect market to face some resistance at the current market levels. If BNF gaps up above 38,100 then you can expect another...
BNF after making an all time high saw a violent sell off yesterday and the market has now retraced back and moving sideways to down . Expect BNF to test the lows made yesterday and 37,250 is the SL for the short trades. Follow my page for more trading related ideas. Cheers!
NIFTY has been in violent up and down swings recently . And market was now in a consolidation mode today . We are in the middle of a big developing range of 17,200 - 17,800 and currently facing minor resistance and support in the short term time frame . We can sell CE if price breaks below and sell PE if price breaks today's high . Follow my profile for more...
BTC after bottoming out has given us a good upmove and a sharp sell off was met by good support. Expecting BTC to test the all time highs pretty soon as it look really good on weekly charts. A very good long opportunity for good rewards in the coming few days.
BANKNIFTY created a new ATH last week and formed a doji on the daily timeframe. Market is expected to be sideways to up as no bearish pressure is yet seen . 38k remains key resistance for BNF this week.
Nifty after a parabolic rise to ATHs is now supposed to go in some sort of consolidation in next week. On 1 HR MA , it has formed a good inside bar , so a long entry above the inside bar might take us to the highs once again. On the other hand , the sell off on friday has been strong enough to see some more move down .
TATASTEEL looks good after bottoming at the daily MA after making all time highs. Levels mentioned in the charts. Cheers !
NIFTY has been moving a really strong up trend since November . After a strong correction to the moving average on daily , it has bounced sharply . Today not only it gapped up but closed above the resistance of all time highs with a strong close on daily. Market gapping up above a resistance and closing shows strong signs of a breakaway gap leading to further...
ITC looking for sell on rise as long as doesnt go above 194 Targets 181 Cheers !
BAJAJFINANCE Cup and Handle Breakout Retest. Inside Bar at support level . Swing long above 3621 for target 3875 . SL 3460. Cheers !
PETRONET after breaking out of adam & eve top , now retracing back to the structure . Good short with SL 255 and target of 230 in coming days. Cheers !
ZEEL Looks good for a long after taking support at a long term trendline . SL 160 Target 208. Cheers !
AXISBANK breaking out of a symmetrical triangle . Reasonable long setup with SL 420 and targets 480 in coming days. Cheers!
DABUR after breaking out from a flag , now retesting at the supports. Considerable buy above 469 with SL 456 and targets of 480 and 510 in coming days.
ADAM = Sharp move EVE = Rounding bottom/top After forming the pattern , LT has retested the neckline after the breakout from adam and eve pattern . Can create a long position above 961 with SL 911 for targets of 1180 in coming days. Cheers !
AXIS BANK looks good for long after breakout from flag and getting a good retest. Can go long with SL 375 and targets 480 in coming days. Cheers !