One hour chart has trend line support and 15 minutes chart shows price is moving in a channel. Buy above 5175 with the stop loss of 5155 for the targets 5198, 5220, 5256, 5280 and 5304. Sell below 5135 with the stop loss of 5155 for the targets 5110, 5086, 5062, 5040 and 5005. Always do your own analysis before taking any trade.
Price faced resistance at 52000 zone, fall down and now it is testing 51500 support zone. Sustaining above this support is important to be bullish. Buy above 51540 with the stop loss of 51460 for the targets 51620, 51700, 51820, 51900, 51980, 52060 and 52200. Sell below 51380 with the stop loss of 51460 for the targets 51300, 51220, 51140, 51040, 50960 and...
We had a trending movement today in morning session and consolidation in afternoon session. Now price is testing the important zone 78000. Near by support is at 77600. Buy above 78040 with the stop loss of 77940 for the targets 78120, 78200, 78320, 78400, 78520, and 78660. Sell below 77800 with the stop loss of 77900 for the targets 77720, 77600, 77520, 77400,...
Price is at trend line support. Sustaining above 3600 is important to be bullish. Buy above 3625 with the stop loss of 3602 for the targets 3646, 3668, 3690, 3704 and 3730. Sell below 3580 with the stop loss of 3600 for the targets 3560, 3530, 3504, 3488 and 3472. Always do your own analysis before taking any trade.
Price is testing the support/resistance zone 23300. Next resistance zone is 23520 to 23560. Breaking these resistances can make price to move up further. Buy above 23320 with the stop loss of 23280 for the targets 23360, 23400, 23460, 23520, 23560 and 23660. Sell below 23240 with the stop loss of 23280 for the targets 23200, 23160, 23120, 23060 and 23010. 23000...
We had a very narrow range movement, which can give break out or big move once the range is broken. Near by resistance is 23000. Buy above 22920 with the stop loss of 22880 for the targets 22960, 23000, 23040, 23080 and 23140. Sell below 22840 with the stop loss of 22880 for the targets 22800, 22760, 22720 and 22660. Always do your own analysis before taking any trade.
Price is having support zone at 22300 - 22340. If price shows bullish strength above it, price can move up. Otherwise bears will gain control and can make the price to fall towards 22000. Buy above 22360 with the top loss of 22320 for the targets 22400, 22460, 22520, 22560 and 22620. Sell below 22280 with the stop loss of 22320 for the targets 2240, 22200, 22160,...
As per the daily chart, price is facing trend line resistance. 5000 is an important trend direction deciding zone. Price is weak below 5000. Since 5000 is an important zone, even though price is showing bearish signs, have to be more careful with trailing stop loss. Sell below 4990 with the stop loss of 5002 for the targets 4978, 4964, 4940 and 4924. Always do...
Price took support from 22000 and we had uptrend movement. 22600 zone is acting as resistance now. Sustaining above this can make the price to move towards 23000. Buy above 22560 with the stop loss of 22520 for the targets 22600, 22640, 22700, 22760 and 22820. Sell below 22460 with the stop loss of 22500 for the targets 22420, 22380, 22320, 22280, 22240 and...
After a long time price has formed a strong bull candle near the resistance zone. 1020 is important for the bulls to gain strength and sustain to move up. Buy level if you are a cautious trader is above 984 - 988 zone with stop loss of 979 for the targets 996, 1003, 1011 and 1018. You can book profit or trail for further profit depending on bullish strength at...
48000 is acting as double bottom and bulls are trying to gain strength here. Bulls and bears will try to gain at 47900 - 48100 zone. Buy above 48100 with the stop loss of 48020 for the targets 48180, 48260, 48400, 48520 and 48660. Price will be testing the trend line around 48600 and volume strength is needed to move up further. Price can move another 700 to 1000...
Price was moving within a range 22500 to 22620 for the past few days and unable to break it. 22500 is a strong support zone. Buy above 22520 with the stop loss of 22480 for the targets 22560, 22600, 22660 and 22720. Sell below 22460 with the stop loss of 22500 for the targets 22420,22380, 22320 and 22280. Expected expiry day range is 22300 to 22600. Always do your...
Price is moving inside a descending channel and now it is consolidating. 48600 zone is important to decide the trend direction further. Buy above 48620 with the stop loss of 48540 for the targets 48700, 48820,48900, 48980, 49100 and 49220. Sell below 48440 with the stop loss of 48520 for the targets 48360, 48240, 48160, 48060, 47960 and 47880. Always do your own...
Price was falling in steady phase and now it is consolidating. 74500 is an important zone to decide the trend direction. Buy above 74520 with the stop loss of 74420 for the targets 74600, 74720, 74800, 74940, 75060 and 75200. Sell below 74340 with the stop loss of 74420 for the targets 74260, 74160, 74080, 73960, 73840 and 73700. Always do your own analysis before...
Hi guys, this is my new effort to do analysis using option chart. I have taken Maruti 12500 feb pe and Maruti 12300 feb ce. For option buyers. Maruti 12500 feb pe : Price is consolidating in a narrow range and it can give break out. Buy above 215 with the stop loss of 203 for the targets 238, 256, 272 and 294. If the stock is more bearish, price can move towards...
Price is testing the support zone for few days. Still buyers, sellers are weak and price was moving in range. 22800 is important for buyers. Buy above 22820 with the stop loss of 22780 for the targets 22860, 22920, 22980, 23040 and 23120. Sell below 22680 with the stop loss of 22720 for the targets 22640, 22600, 22540, 22500, 22420 and 22380. Price should show...
Price was moving in a range for the past few days and in that process has created a channel pattern. Also I can see a triangle inside the channel. Buy above 22920 with the stop loss of 22880 for the targets 22960, 23000, 23040, 23100 and 23160. Sell below 22840 with the stop loss of 22880 for the targets 22800, 22760, 22700 and 22660. As per daily chart price is...
Price has taken double bottom support at 22760 - 22800 zone. Near by resistance is at 23000 zone. If in case of gap down, buy zone starts from 22820 if price shows bullish strength. In case of gap up, buy above 23020 with the stop loss of 22980 for the targets 23060, 23100, 23160, 23220, 23300, 23360 and 23420. Sell below 22900 with the stop loss of 22940 for the...