spvijay

spvijay

Asian paints are broken the weekly trendline and retested the same, the upper targets are open now which are immediate swing highs first and All time high subsequently

spvijay Updated 

Banknifty futures is held between immediate supply and demand zones. Crucial to watch price reaction at these zones. Possible bias indicated on the chart.

spvijay

Banknifty trading range bound, wait for break of zone for bigger targets and gap filling

spvijay

NIFTY IT on daily TF is approaching the resistance downward sloping trendline. If it breaks the trendline IT can lead the NIFTY on the upside.

spvijay

Today's Nifty intraday provides a good example of supply trading or shorting as explained

spvijay

LTIM is heading towards support zone as marked, trendline breakdown on weekly TF. Q2 results will confirm if support zone will held or broken.

spvijay

Tata consumer has a trendline breakout on daily TF.

spvijay

Balrampur chini has bounced from a covid support trendline, indicating strength on the counter. 525 zone can be tested.

spvijay

HDFC Bank had closed below monthly trendline prev month and this month also it has given a continuation on the downside.

spvijay

Banknifty futures has rejected a trendline underformation on daily TF

spvijay

NIFTY on daily TF has broken an interesting trendline on daily TF

spvijay

Escorts is consolidating near highs, a break above rectangle high would lead to uptrend continuation.

spvijay

Volume spike is a simple short term trading strategy, mark the highs and lows of the volume spike day. If price breaks highs go long, if price breaks lows go short.

spvijay

Trent breaks out with increasing volumes, it has consolidated near highs in the form of rectangle pattern and breaks out.

spvijay

DJIA has broken a trendline on daily timeframe, heading towards a crucial swing support zone of 33646 zone.

spvijay

HUDCO is approaching Multi year high levels ( 2017-2018 highs )

spvijay

Berger paint has broken a crucial swing high point with increased volumes and is heading towards ATH zone. Paint industry also has seasonal aspect as tailwind in the current juncture.

spvijay

Nifty can find support near prior breakout zones around 19850 zones as marked in the chart. If this breaks then Nifty futures can likely test 19650 & 19560 zones.