sketchitesh

sketchitesh

After a weak session today, nifty is ready to head towards 14000, if nifty goes below 14412-15, next target would be 14340-14230-14100 as shown the fibonacci levels. Break of these levels are necessary for next target and pullback will be there for shorting opportunity. But overall after 14412-15 break 14100-13900 doors will be open with both hands. On the...

sketchitesh

IndusInd bank is good to accumulate between 800-900 with 700 SL for 1200 target in coming months. Safe traders wait for Break of downtrend line shown, with good volume will confirm reversal and likely the test again the downtrend line for support and also uptrend line for support, That highlighted area will be good price to add for long term. Around 850....

sketchitesh

Nifty can go down after the selling started at resistance level 14700. Level to watch is next fib level .618 14526 and can extend to 14402 in intraday level on monday. 14490 is good level to watch for safe traders to head toward 14400. In 15 min a trendline break can be seen as weakness confirmation. After 14400 a pull back is expected till 14530-80 before...