Daily and one hour time frame shows bullish sign. Trend deciding zone is 817 - 823. Above this zone if price gains strength, then we can see good movement. Volume gain and trend line break out in one hour chart. Daily chart also shows volume gain. And the Q3 result is good. Now the levels to trade if the price sustains the trend deciding zone. Buy above 823...
Price is consolidating in the form of an ascending triangle. As per the pattern, the price have to give upside break out. But we will plan for fall also, so that we wont be surprised by the price movement. Q3 result was good with 26.8 % net profit. Daily time frame shows price is taking trend line support. Buy above 470 with the stop loss of 465 for the targets...
Price is moving inside a channel formation. And price had a good recovery after the huge fall. Will it continue tomorrow or move inside the channel? Pattern : Channel. Range : Medium. Trend strength : Normal. Buy Above : 21480. Stop Loss : 21440. Targets : 21520, 21560, 21600 and 21640. These levels are derived based on the assumption that price will take support...
Trend deciding level is 600. How price will react around this zone will decide the trend direction. After this big fall price may move in range also for few days. Buy above 608 with the stop loss of 603 for the targets 613, 618 and 624. Sell below 596 with the stop loss of 601 for the targets 591, 586 and 580. Hit the like button to Rock !! Show some energy...
Price fall down for more than 2% today and still HDFC bank have not found support. Right now price is at important level 45000. Pattern : None. Range : Medium. Trend strength : Normal. Buy Above : 45040. Stop Loss : 44940. Targets : 45140, 45220, 45300, 45400 and 45520. Sell below : 44860. Stop Loss : 44940. Targets : 44780, 44700, 44620 and 44540. Check the...
Price is moving within the range 20300 to 20650 for the past 3 days. So we can expect breakout. 20600 is an important support zone. This analysis is based on the assumption that price will take support from 20600 zone. Buy above 20640 with the stop loss of 20580 for the targets 20680, 20740, 20800 and 20860. Sell below 20480 with the stop loss of 20520 for the...
Price is at the trend deciding zone 45500 - 45750. How price will react at this zone will decide the trend direction. HDFC bank had a huge fall and is near to the double bottom support. If heavy weight stocks like HDFC bank turns bullish, then bank nifty will gain bullish strength. Pattern : Consolidation. Range : Medium. Trend strength : Normal. Buy Above :...
Price had a huge fall and now it is consolidating near an important support zone. In daily time frame 1450 - 1465 has double bottom support. If price gains strength at this zone, it can move up towards 1512. Otherwise the fall will continue further. This analysis is based on the assumption that price will take the support. Buy above 1476 with the stop loss of...
Price was moving in a range for the past 2 days. And now it is at the important support zone.. Pattern : Consolidation. Range : Medium. Trend strength : Normal. Buy Above : 21620. Stop Loss : 21580. Targets : 21660, 21700, 21740 and 21780. These levels are derived based on the assumption that price will take support from 21600 and break the 2 days range move. Sell...
Trend deciding zone is 986 - 991. As there is a trend line resistance around this zone, the strength price gaining here will play an important role in trend direction. Buy above 992 with the stop loss of 986 for the targets 998, 1004 and 1012. Sell below 982 with the stop loss of 988 for the targets 976, 970 and 962. Hit the like button to Rock !! Show some...
Price fall down 2% today. Psychological support is seen at 21500 - 21520 zone. After the big fall, tomorrow may be less a volatile day. Pattern : Consolidation. Range : Medium. Trend strength : Normal. Buy Above : 21610. Stop Loss : 21580. Targets : 21640, 21680, 21720 and 21740. These levels are derived based on the assumption that price will take support from...
Though the price managed to stay above 48000, it is still struggling to break and sustain above 48160. HDFC bank result also created an expectation. So, what next? Pattern : Consolidation. Range : Medium. Trend strength : Normal. Buy Above : 48160. Stop Loss : 48060. Targets : 48220, 48300, 48380 and 48480. Sell below : 47940. Stop Loss : 48020. Targets : 47860,...
Price is moving in a channel formation. Very narrow channel and it makes the movement as choppy move. Support is 21500 - 21520 zone. Channel resistance is expected at 21566 -21580. Sustaining above this is important for the price to continue the uptrend. Buy above 21580 with the stop loss of 21540 for the targets 21620, 21660, 21720 and 21760. Sell below 21480...
Price made All Time High and now it is consolidating. It can continue the trend or pause for some time. Pattern : Consolidation. Range : Medium. Trend strength : Normal. Buy Above : 21940. Stop Loss : 21900. Targets : 21980, 22010, 22040 and 22080. These levels are derived based on the assumption that price will take support from 21900 and break the...
Price is consolidating and nearing the trend line. Price have to break the trend line with volume and have to sustain above 1500 to be bullish. Bearish below 1486. One hour chart shows price is at double bottom support. Trend deciding level is 1516 - 1522. Buy above 1502 with the stop loss of 1492 for the targets 1512, 1524 and 1538. Sell below 1478 with the...
Price is nearing the trend line resistance. Price have to sustain above it to be bullish. Pattern : Trend line resistance. Range : Medium. Trend strength : Normal. Buy Above : 21620. Stop Loss : 21590. Targets : 21650, 21680, 21700 and 21740. These levels are derived based on the assumption that price will take support from 21600 and break the trend line...
We had nearly 900 points move today. Because of this, tomorrow can be a less movement day. Price is moving within a channel. Trend deciding level is 47300. Pattern : Channel. Range : Medium. Trend strength : Normal. Buy Above : 47320. Stop Loss : 47260. Targets : 47400, 47480,47560, 47640 and 47720. Sell below : 47200. Stop Loss : 47280. Targets : 47120, 47040,...
Support zone is 21320 - 31340. Bullish above this zone. Bearish below 21280 -21300 zone.(Price is falling from 21700 and now it is at consolidation zone.) Buy above 21360 with the stop loss of 21320 for the targets 21400, 21440, 21540 and 21580. Sell below 21280 with the stop loss of 21320 for the targets 21240, 21200 and 21160. (21200 can also act as a support...