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 :...
Though the price has broken the channel, it did not gain momentum and was moving in a narrow range on friday. 22000 is the trend deciding zone. Also price has formed a triple top pattern. Pattern : Consolidation. Range : Medium. Trend strength : Normal. Buy Above : 22060. Stop Loss : 22010. Targets : 22100, 22140 and 22180. Sell below : 21940. Stop Loss :...
Price formed double bottom at 1460 zone, but failed to take support, fall for another 100 points. Now it is sustaining above 1400 zone. Important support zone is 1380 - 1400. Important resistance zone is 1450 - 1470. If price sustains above resistance, then we can expect good bullish movement. One hour time frame shows, price is sustaining above the trend...
Price broke the three days range today and now it is facing trend line resistance. As per the daily chart, still price is sustaining above the trend line. Pattern : Channel Resistance. Range : Medium. Trend strength : Normal. Buy Above : 21860. Stop Loss : 21820. Targets : 21900, 21940, 21980 and 22040. Sell below : 21740. Stop Loss : 21780. Targets : 21700,...
Price is moving in a descending channel. And also price movement is within the same range for the past 3 days. Daily time frame shows, price is facing trend line resistance. Pattern : Channel. Range : Medium. Trend strength : Normal. Buy Above : 45440. Stop Loss : 45360. Targets : 45520, 45600, 45720 and 45800. Sell below : 45220. Stop Loss : 45300. Targets :...
Price moved in the range of 19920 to 20040 in the afternoon session today. It have to sustain above 20000 to remain bullish. Price is bearish below the zone. Buy above 20020 with the stop loss of 19970 for the targets 20060, 20120, 20180 and 20260. Sell below 19900 with the stop loss of 19950 for the targets 19850, 19820, 19780 and 19720. Hit the like button to...
Price had a narrow range movement on friday and now it is at trend line resistance. Daily time frame shows that the price is still moving along with the trend line. So what will happen next? Pattern : Trend line Resistance. Range : Medium. Trend strength : Normal. Buy Above : 21780. Stop Loss : 21740. Targets : 21820, 21860, 21900 and 21920. Sell below :...
Price is moving in a range for few days. So far 840 is acting as a strong resistance. If the price breaks the trend line with volume, then we can expect good move. Buy above 834 with the stop loss of 828 for the targets 840, 848 and 856. Sell bellow 822 with the stop loss of 828 for the targets 816, 810 and 802. Hit the like button to Rock !! Show some energy...
Price is moving inside a channel formation and now it is testing the upper trend line of the channel. Trend direction deciding zone is 2916 - 2922. In daily chart, price has formed an ascending triangle. Considering these facts, if the price sustains above 2922 and show volume strength, then we can see bullish move. Buy above 2922 with the stop loss of 2904 for...
Market will be volatile because of RBI day. Right now price is having trend line resistance. Next strong resistance is seen at 21120 - 21140. As per the daily chart, price is sustaining above the trend line. Pattern : Trend line Resistance. Range : Medium. Trend strength : Normal. Buy Above : 21960. Stop Loss : 21920. Targets : 22000, 22040, 22080 and 22120. Sell...
Price did not give movement today. Yesterday also the movement was in a range. 2 days of range move can give break out or good movement. Pattern : Support/resistance. Range : Medium. Trend strength : Normal. Buy Above : 45780. Stop Loss : 45700. Targets : 45860, 45940, 46040 and 46200. Sell below : 45600. Stop Loss : 45680. Targets : 45520, 45440, 45360 and...