STOCK IS AT ALL TIME HIGH, IF MANAGES TO CLOSE ABOVE 860 ON MONDAY ON 15 MIN THEN IT CAN FLY HIGH LIKE A ROCKET, TARGETS WILL BE 872 AND 887 RESPECTIVELY IN SHORT TERM(2-3 DAYS) BUT CHANCES ARE LOW, IF IT FAILS TO BREAK IT CAN AGAIN TEST 830 LEVELS SOONER FOR ATH STOCKS I USED FIBS EXTENSION FOR PLOTTING TARGETS, BEST TOOL OUT THERE
Muthoot fin closed above important level and 9/21 ema crossover also occured today in 1 hr tf, so I am expecting bounce back atleast upto mentioned levels(1164.8) It will be a intraday trade, but if it manages to close above 1178 then we can hold it for swing target of 1220 as well
TAKING GOOD SUPPORT AT PRESENT LEVELS, IF FAILS THEN SHORT, ELSE LONG BOTH IDEAS SHARED
BULLIS CUP AND HANDLE PATTERN VISIBLE, LOOKING GOOD FOR INTADAY AS WELL AS POSITIONAL... INTRADAY TARGETS ARE MENTIONED IN CHART
BATA IS AT SUPPORT LEVEL, IF CROSSEES MENTIONED LINE WE CAN ACHIVE TARGETS, WHICH ARE MENTIONED IN CHARTS
NARRO RANGE FOR THE DAY, SHORT IF PDL BREAKS LONG IS PDH BREAKS
IF CLOSES ABOVE 450, THEN IT CAN GO FURTHER UPTO 497 NO NEARBY RESISTANCE