#icicibank entry and exit levels on the chart (refer black/blue lines). Place SL@0.4% of the entry price. Zones (in pink/orange) are the places where it's unsafe to enter. My bias is short in this trade.
#cipla entry and exit levels on the chart (refer black/blue lines). Place SL@0.4% of the entry price. Zones (in pink/orange) are the places where it's unsafe to enter.
#rblbank entry and exit levels on the chart (refer black/blue lines). Place SL@1% of the entry price. Zones (in pink/orange) are the places where it's unsafe to enter.
#lupin entry and exit levels on the chart (refer black/blue lines). Place SL@0.4% of the entry price. Zones (in pink/orange) are the places where it's unsafe to enter.
#ncc entry and exit levels on the chart (refer black/blue lines). Place SL@1% of the entry price. Zones (in pink/orange) are the places where it's unsafe to enter.
#irb entry and exit levels on the chart (refer black/blue lines). Place SL@1% of the entry price. Zones (in pink/orange) are the places where it's unsafe to enter.
#IGL entry and exit levels on the chart (refer black/blue lines). Place SL@0.5% of the entry price. Zones (in pink/orange) are the places where it's unsafe to enter.
#deepakntr Flag pattern visible on an hourly timeframe with an approx pole length of 180 points, a bullish sign. The expected move of 180 points is expected above 1960 with SL below 1940
Simple use of trendline could have helped in determining the same. I have connected the low of 27th May and 21st June 2021, and have produced the line further to the right on an hourly timeframe. I made this line two days back and had the view that Nifty has to turn bullish on the first tick, however, it turned bullish after exactly touching the support line.
Levels mentioned on the chart via the usage of trendlines. The structure seems bullish as it retraced from the AVWAP level at EOD.
Levels shown on the charts with resistance clearly visible on top which gives short bias for tomorrow. However, BANKNIFTY managed to stay strong today despite the fall in NIFTY gives long bias here.
Using Fibonacci retracement on 2021's high and low, PVR managed to take support at 61.8% level, one of the important levels. A long swing bet can be made between the range of 1360-1390 for the target of 1500+ with SL below 1350.
Intraday possibility as per my understanding of the chart. Upside possibility is higher in concor as well
Tatasteel may have good momentum tomorrow based on the setup as drawn. High chances of upmove seems visible.
Metals may be in momentum tomorrow. I believe Hindalco to be in momentum as well. As per the chart on the smaller timeframe, the direction is unclear but positionally 350 should act as major support. As long as 381 is not breached on hourly timeframe, I am positionally short in this stock.
Explained the swing trade bet on REC LTD using Fibonacci retracement by taking 2021's high and low as the reference point
Explained the swing bet idea on PFC using Fibonacci retracement using 2021 high and low as a reference point on daily timeframe along with trendline on the monthly timeframe.
Possibly Grasim is going to have momentum tomorrow. Place SL@0.25% from the entry point as mentioned on the chart.