NSE:PCBL is showing the following bullish patterns: A rounding bottom formation (saucer pattern) The current price action is negotiating a long term resistance, about to breakout. Volume is double than the average volume for last two sessions The price is above the adaptive moving average and in uptrending Trade: Buy above 144, SL: 140, T: 147/152 ...
NSE:EQUITASBNK shows bullishness because of: A clear rectangular consolidation brakout High volume The daily candle is bullish engulfing with the low touching the bottom of the channel (but still able to pass the mid point, near to top channel) Trade: Buy above 58, SL: 56, T: 65/68 Sell below: 54, SL: 57, T: 51/48
CrudeOil is Range bound. Why? See the OI Data: CMP: 6520. From 6600 to 7000 -> 16K Call writings. In 6500: 3.2K Put In 6400: 3.1L Put Now Technical Levels: Support: 6400, 6325, 6200 Resistance: 6550, 6675, 6750, 6875. Long Trade only above: 6600 (if sustains above for 15m) Short only below: 6325.
NSE:GRSE - Garden Reach Shilbuilders is showing a good, clear upmove after breaking a rectangle consolidation zone. In last 1 week's trading session it shows a strong positive upmove with increasing volume build up. Perfect to poise to move towards 550 zone in near term. Buy zone: 495-505, SL: 480, Target: 550
Rounding Bottom Formation. Rising Wedge formation. Trade: Buy > 736, SL: 730, T: 743/750 Sell < 727, SL: 733, T: 720/713
A downward regression channel. Daily candle is bullish, crossing the mid of the channel. See the volume, very high. Most likely price hike will sustain. Trade: Buy > 474, SL: 471, T: 478/482 Sell < 468, SL: 472, T: 464/460
Levels: Support: 43000, 42775, 42500, 42350 Resistance: 43280, 43350, 43600, 43900 OI Data: ---------------------------------------------------------------------| Bank Nifty => Price: 43053.45 ATM: 43100 , ITM: 43000, 42900, 42800 , OTM: 43200, 43300, 43400 ---------------------------------------------------------------------| Highest OI Call in...
Levels: Support: 18530, 18440, 18375, 18300 Resistance: 18610, 16675, 18730, 18850 OI Data: ---------------------------------------------------------------------| Nifty => Price: 18618.05 ATM: 18600 , ITM: 18550, 18500, 18450 , OTM: 18650, 18700, 18750 ---------------------------------------------------------------------| Highest OI Call in...
Major Supports: 6415, 6350, 6080 Major Resistance: 6550, 6700, 6760 OI Data: There are huge call writing for Dec-15 expiry: 6500: 3.3K 6600: 2.2K 6700: 2.2K 6800: 2K So from 6500 to 6800, there are 10K calls writing happens for Dec expiry. And Put? - 6400 is the major support of 2K Puts. High resistance it's going to face. Sell on rise strategy.
Levels: Support: 42775, 42500, 42350 Resistance: 43000, 43350, 43600, 43900 OI Data: ---------------------------------------------------------------------| Bank Nifty => Price: 43020.45 ATM: 43000 , ITM: 42900, 42800, 42700 , OTM: 43100, 43200, 43300 ---------------------------------------------------------------------| Highest OI Call in Bank...
Levels: Support: 18530, 18440, 18375, 18300 Resistance: 18610, 18745, 18850 OI Data: ---------------------------------------------------------------------| Nifty => Price: 18562.75 ATM: 18550 , ITM: 18500, 18450, 18400 , OTM: 18600, 18650, 18700 ---------------------------------------------------------------------| Highest OI Call in Nifty per...
NSE:NACLIND is showing bullishness because of: A 6 months long rounding bottom breakout with very high volume sprout A recent rectangular breakout. High volume buildup in last 3 sessions, the build up is increasing. Trade: Buy above 100, SL: 96, T: 105/107.50
NSE:FACT is showing a bullish breakout with the following: An 8 month long resistance line is broken out. See the volume build up over last 4 sessions. Awesome. Fertilizer space is anyway bullish. Trade: Buy above 155, SL: 150, T: 160/164
NSE:JKTYRE is showing a good range breakout with very high volume spout. The symmetrical triangle as well as rectangular range is broken out with high volume. Trade: Buy above 199 (today's closing), SL: 188 (today's 61.8% Fib Range), Target: 205, 210 (Higher order Fibs)
NSE:GICHSGFIN shows two features making it perfect for breakout. The price has crossed the 200 DMA and the now 21 DMA is crossing the 200 DMA, indicating a bullish trend reversal. The daily candle is bullish engulfing. Trade: Buy above 159, SL: 154, T: 162/165
Symmetrical triangle (Pennant) breakout happens. Let it stay above the next immediate resistance 115. Then go long. Buy above 115 Target-1 120, Target-2: 128 SL: 109
NSE:RBLBANK is about to show excellent breakout. Price is crossing the 200 DMA. It is basically a trend reversal as the order will be: Price cut the 200 DMA, then 21 DMA will cut the 200 DMA and then 50 DMA will cut the 200 DMA, uptrend starts. Volume is high. A Bullish Engulfing candle is formed in daily chart engulfing whole 1 week price action. Long...
Levels: Support: 18475, 18400, 18275, 18200, 18250 Resistance: 18550, 18630, 18725, 18850 OI Data: ---------------------------------------------------------------------| Nifty => Price: 18512.75 ATM: 18500 , ITM: 18450, 18400, 18350 , OTM: 18550, 18600, 18650 ---------------------------------------------------------------------| Highest OI Call...