50% retracement respecting for 2nd time in daily time frame. huge volume with reversal at 160 which is 61.8% retracement. this level can be used for averaging purpose.
50 % retracement zone of weekly swing low & high. respecting support zone once again at 700 levels in daily chart.
multiple reversal zone at 300-320 range. triangle break out 20% down from recent swing high. good risk reward ratio
REVERSAL FROM DAY TREND LINE . BUY WITH STOP LOSS OF 30 POINTS (30MINS CLOSING CANLDE.)
ascending channel reversal from bottom treandline.30 mins chart. stop loss 11130. target 11300
channel break down done in 15 minites time frame. short for 50 points. only intraday. stop loss 11300.
sell above or below the trendline. SL on 1 hr candle close against the trade position.
NIFTY perfectly respected 61.8 % of fibonacci number. RSI reversing from 70 Bearish engulfing in day chart.
buy L&T at 760-752 RANGE FOR TARGET OF 812 & 955. STOP LOSS 730 ON DAY CLOSING BASIS.
bank nifty can be buy @19600 for 400 points rally once closing above trend line. stop loss 200 points.
I look for short option @ 281 with SL 290 on hourly candle close basis. 270 Would be the target. Ignore if there is gap down opening tomorrow.
buy @ 584 for target of 590 intra day only. SL 578 on 15 mins candle closing basis. Ignore if gap up or gap down these values.
SHORT NIFTY @ 9350 AT CHANNEL TOP WITH STOP LOSS OF 50 POINTS FOR TARGET OF 100 POINTS.
Positional Buy @ 252-246 range. Next support 239 on Hourly closing basis. Running near channel bottom. RSI near 30. For intra day near 250-252 range with SL 246 on 10 mins clsin basis.