PRZ - 16200-16225 SL 16350 Target 1 - 16050 , Target 2 - 16000, Target 3 - 15935.
Explained in the video. Follow my profile for more updates!
Rising wedge with negative RSI & MACD Divergence spotted. Trade only when the trendline is broken. Strong possibility that nifty could head till 11,700 and then fall so just keep track of it. Weekly Chart analysis here ->
PRZ - 75.310/75.320 SL 75.295 Target 1 75.365 Target 2 75.395
Classic AB = CD pattern in Bank Nifty. Long @ 16400-16500 levels. Ironically, that zone is close to the previous low made in March.
Falling wedge in SBIN and PSU index is also showing a falling wedge. Buy only above 165. Target 220-240
Overall trend is still bearish but a pullback to 9300 - 10,000 levels can't be ruled out. Just for educational purpose.
details mentioned in the video!
Idea provided in the video!
Charts suggesting Zeel is gonna explode today. Target 287-293 SL @278
Grasim showing Bearish ABCD Pattern in the daily chart. Short Grasim @ 845-855 levels!
Concor has been range bound for the past 4 years and it looks like it has respected the resistance and it's heading down again towards 470-460 Range.
ITC signalling a buy @ 250 according to Ichimoku daily charts and what makes the trade even more interesting is that the price is supported by the 50 days Moving Average. However be cautious as there is a Signal Line crossover above the MACD line which may well be a false signal as ITC has been making higher low and higher high in the daily chart since Sept 2019...
There is a bearish divergence in it's hourly chart and since it's breakdown on 30th Sept, 2019 (with a previous swing high of 1555), This stock had hit a low of 1191 and had retracted excess of 50% since then. It is strongly Bearish according to the Ichimoku cloud system in both the hourly and weekly charts and it is very likely that this downward trend with...
Asian Paint at a key support zone in the hourly chart. It's highly possible that it will hit 1760 from CMP at 1221 if the overall market sentiment remain bullish to neutral. Keep a tight stop loss as there is a decent chance that this trade setup might fail but it gives a great reward to risk.
Britannia heading towards 3175-3170!
Bank Nifty showing bearing divergence in the hourly chart.