ujai2801

ujai2801

MRF has made a strong bullish candle near harmonic PRZ, giving a confirmation to go long. Target 1 - 81616 Target 2 - 84861 Stop loss - 74860 on daily time frame closing basis

ujai2801 Updated 

Nifty has made a slow and a steady up move and it is now near trendline resistance and harmonic PRZ. Hourly RSI is above 80 which also indicates overbought. Looks like fresh short position can be created near 14972.45. CMP - 14949.4 Entry - 14972.45 Target 1 - 14851.45 Target 2 - 14777.25 Target 3 - 14717 Stop loss - 14985.3

ujai2801 Updated 

BPCL has rallied with not much volume and this looks more like a short covering. Right now it is near Harmonic PRZ and also at its historical resistance. It is expected to correct from the marked zone. Risk reward is also looking in favor. CMP - 453.7 Entry - 456.5 Target 1 - 443.15 Target 2 - 434.9 Target 3 - 428.25 Stop Loss - 464.65 This is only for...