After fall, price is consolidating in the form of descending triangle pattern. If price did not give break out, then chances are there to move within the range 21900 to 22100. Pattern : Triangle. Range : Medium. Trend strength : Normal. Buy Above : 22020. Stop Loss : 21980. Targets : 22060, 22100 and 22140. Sell below : 21920. Stop Loss : 21960. Targets : 21880,...
After the fall price is consolidating in the range 46300 - 46500. This zone will decide the trend direction. Who will gain strength? Bulls or bears? Pattern : Consolidation. Range : Medium. Trend strength : Normal. Buy Above : 46540. Stop Loss : 46460. Targets : 46620, 46700, 46780, 46880 and 46960. Sell below : 46280. Stop Loss : 46360. Targets : 46200 ,46140,...
Price had a very nice fall today. And now it is at trend direction deciding zone. 21860 - 21900 is an important support zone. Price have to sustain above this to be bullish. Pattern : Support/Resistance. Range : Medium. Trend strength : Normal. Buy Above : 21920. Stop Loss : 21880. Targets : 21960, 22000, 22040, 22080 and 22120. Sell below : 21840. Stop Loss :...
Price is consolidating in a narrow range of 200 points. Support is seen at 47200 and resistance is at 47800. Price have to break this range to move further. Pattern : Consolidation. Range : Medium. Trend strength : Normal. Buy Above : 47240. Stop Loss : 47160. Targets : 47320, 47400, 47480, 47560 and 47680. Sell below : 46980. Stop Loss : 47060. Targets : 46900...
Price was moving within the range 20900 - 21100 for few days and the range was broken today. Price will be bearish if it stays below the range. Important resistance - 21100. Important support - 20700, 20900. Buy above 20950 with the stop loss of 20900 for the targets 21000, 21040, 21080 and 21120. Sell below 20850 with the stop loss of 20900 for the targets...
Nothing has changed as the price formed consolidation in the trend deciding zone. We know already 22480 - 22520 decides the trend direction. More time price spends on this zone with out gaining bullish strength, it indirectly gains bearish strength. Pattern : Consolidation. Range : Medium. Trend strength : Normal. Buy Above : 22520. Stop Loss : 22470. Targets :...
Price managed to sustain above 47700 zone but still it is unable to gain strength and now in consolidation zone. Pattern : Consolidation. Range : Medium. Trend strength : Normal. Buy Above : 47820. Stop Loss : 47740. Targets : 47900, 47980, 48040, 48120 and 48200. Sell below : 47640. Stop Loss : 47720. Targets : 47580 ,47500, 47420, 47360 and 47240. Check the...
Morning session was choppy and volatile. Afternoon session movement was good. We have 2 trend deciding zones. 22400 - 22420 and 22480 - 22520. These zones will act as support/resistance. Pattern : None. Range : Medium. Trend strength : Normal. Buy Above : 22520. Stop Loss : 22470. Targets : 22560, 22600, 22640 and 22680. Sell below : 22380. Stop Loss :...
Price is at trend line support and consolidating. Trend deciding zone is 47600 - 47700. Pattern : Trend line support. Range : Medium. Trend strength : Normal. Buy Above : 47720. Stop Loss : 47640. Targets : 47800, 47860, 47940 and 48060. Sell below : 47480. Stop Loss : 47560. Targets : 47400 ,47320, 47240, 47160 and 47040. Check the live market updates. Hit the...
Price gave very good movement on friday. Now it has formed rising wedge pattern which is bearish. Will the price move up or fall down? Pattern : Wedge. Range : Medium. Trend strength : Normal. Buy Above : 47320. Stop Loss : 47240. Targets : 47400, 47480, 47560 and 47660. Sell below : 47120. Stop Loss : 47200. Targets : 47040 ,46940, 46860 and 46780. Check the...
Price was moving in a channel pattern and today it has given break out. Trend deciding zone is 1080 - 1085. Price has to sustain above it to move up further. Buy above 1085 with the stop loss of 1076 for the targets 1094, 1102, 1112 and 1122. Bearish below 1076 and price may test 1060 level. If price is unable to sustain the mentioned level, then once again price...
Starting of the day, movement was slow as price was consolidating in a narrow range and the big move came after that. Price fall down from the resistance. The trend deciding level for tomorrow's movement will be 21880 - 21920. Pattern : Support/resistance. Falling wedge is forming. Range : Medium. Trend strength : Normal. Buy Above : 21940. Stop Loss :...
Price moved along with the trend line today and now it has broken it, consolidation range is forming. Trend deciding zone is 46580 - 46620. Pattern : Trend line break out. Range : Medium. Trend strength : Normal. Buy Above : 46620. Stop Loss : 46540. Targets : 46700, 46780, 46860, 46940 and 47040. Sell below : 46400. Stop Loss : 46480. Targets : 46320 ,46240,...
We had a very narrow range move on friday. And we have the trend deciding levels 22300 - 22320 and 22000 - 22040. Price have to take support from these levels in case of gap up or gap down. Pattern : None. Range : Medium. Trend strength : Normal. Buy Above : 22200. Stop Loss : 22160. Targets : 22240, 22280, 22320 and 22360. Sell below : 22120. Stop Loss :...
This week price moved within the range of 46300 to 47400. Price gave break out and also consolidated which gave choppy moves. So what we can expect for monday? Will the price break this range? Pattern : Support/Resistance. Range : Medium. Trend strength : Normal. Buy Above : 47120. Stop Loss : 47040. Targets : 47200, 47280, 47360, 47440 and 47560. Sell below :...
Price has formed double top resistance and fall down to test the support at 22000. And we know this is an important trend deciding zone. Pattern : Support/Resistance. Range : Medium. Trend strength : Normal. Buy Above : 22020. Stop Loss : 21980. Targets : 22060, 22100 and 22160. Sell below : 21940. Stop Loss : 21980. Targets : 21900, 21860 and 21820. Check the...
Price is moving inside the wedge pattern and now it is testing the upper trend line resistance. It have to sustain above the current levels to move up further. Daily time frame shows bullish strength. Pattern : Support/Resistance. Range : Medium. Trend strength : Normal. Buy Above : 47160. Stop Loss : 47080. Targets : 47240, 47320, 47400, 47480 and 47560. Sell...
Though the price has broken the channel and went up, movement was choppy. The momentum to move upside is reducing. One hour chart shows that price is facing trend line resistance. Pattern : Wedge. Range : Medium. Trend strength : Normal. Buy Above : 46580. Stop Loss : 46500. Targets : 46660, 46740, 46820, 46900 and 46980. Sell below : 46360. Stop Loss :...