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...
Price is moving in a steady down trend. And in that process, price has formed a descending triangle. 680 is the near by resistance and 660 is the near by support. Buy above 685 with the stop loss of 680 for the targets 690, 695, 702 and 708. Sell below 676 with the stop loss of 681 for the targets 671, 665, 659 and 652. Always do your own analysis before taking any trade.
Price gave nice fall from rising wedge pattern and in that process has formed a descending channel. Now price is testing the upper trend line of the channel. 49000 zone is the trend direction deciding zone. Buy above 49040 with the stop loss of 48940 for the targets 49140, 49220, 49340, 49460, 49600, 49720, 49850, 49980. 50k is important zone and price may become...
Price took double bottom support as per daily chart. 23100 zone is the trend deciding zone as of now. Price was unable to sustain above 23100 today. How to take trade tomorrow? Buy above 23140 with the stop loss of 23100 for the targets 23180, 23220, 23260 and 23320. Sell below 23060 with the stop loss of 23020, 22980, 22940, 22900 and 22860. Expected expiry day...
Price is moving in a slow downtrend and also it is forming channel. Double bottom support zone is seen at 23450. Price have to sustain above this level to be bullish. Bearish below the zone 23450. Buy above 23460 with the stop loss of 23420 for the targets 23500, 23560, 23600, 23660, 23720 and 23760. Sell below 23380 with the stop loss of 23420 for the targets...
Price gave bearish momentum in morning season and consolidated in afternoon session. This consolidation may give good movement if price gains strength tomorrow. Buy above 77500 with the stop loss of 77400 for the targets 77600, 77680, 77760, 77900 and 78020. Sell below 77300 with the stop loss of 77400 for the targets 77200, 77120, 77040, 76900, 76880, 76720,...
Price was falling for few days and taken support from 1340 zone and moving up. Friday price consolidated in a narrow range. Break out can give good movement. Buy above 1384 with the stop loss of 1372 for the targets 1396, 1410, 1426, 1442 and 1456. Do your own analysis before taking any trade.
Price was moving in a descending triangle which is bearish. Price have to break the channel and sustain above 78200 zone to gain bullish strength. Buy above 78020 with the stop loss oh 77920 for the targets 78120, 78200, 78320, 78460, 78600, 78720, 78840, 78960 and 79120. Sell below 77800 with the stop loss of 77900 for the targets 77700, 77580, 77460, 77320,...
We had a choppy range price action today. Now price is at important level. Sustaining above 23700 zone is important to be bullish. Buy above 23720 with the stop loss of 23680 for the targets 23760, 23800, 23840 and 23880. Sell below 23640 with the stop loss of 23680 for the targets 23600, 23560, 23520 and 23480. Expected expiry day range is 23500 to 23800. Always...
Price broke the channel, but unable to sustain and again moved inside the channel. So what next? Near by resistance is 23620 zone and support is 23500. Where to buy or sell? Buy above 23520 with the stop loss of 23480 for the targets 23560, 23600, 23640, 23680 and 23720. Sell below 23440 with the stop loss of 23480 for the targets 23400,23360, 23320, 23280 and...
Price is still facing resistance at 50k and not sustaining above it. Bullish trend should develop strength to break this resistance and move up. Support levels are 49300 and 49500. Below this zone bears may take control. Buy above 49500 with the stop loss of 49420 for the targets 49580, 49660, 49780, 49900, 50040, 50120 and 50240. Sell below 49300 with the stop...
Hi guys, price is at important bullish zone as of now. It has taken support and broke the trend line resistance. Also price has formed a strong bull candle. So what will happen tomorrow? Now trend deciding zone is 23500. Sustaining this zone is important to be bullish. Lower time frame shows, price has sustained above the channel resistance. Please note price...
Price has broken the resistances ie lower trend line of the channel and ascending triangle. Now price is nearing the important zone 23300. Sustaining 23000 is important to be bullish. Buy above 23320 with the stop loss of 23280 for the targets 23360, 23400, 23440 and 23480. Sell below 23240 with the stop loss of 23280 for the targets 23200. 23160 and 23120. Do...
I have taken daily time frame for analysis today. As per the chart, price is below the support, but today's move is bullish. To move up further price has 2 road blocks. 1. Resistance zone 23240 - 23320. 2. Trend line resistance. Price have to cross these two hindrances to move up further. It will be needing more bullish power to do that. Do your own analysis...
Price gave trending bullish move today. 48800 - 48840 is the support and 49260 - 49300 is the resistance. Price have break this range with force to give a trending move. Buy above 48840 with the stop loss of 48740 for the targets 48940, 49020, 49120, 49200, 49320 and 49460. Sell below 48660 with the stop loss of 48740 for the targets 48580, 48500, 48420, 48300,...
Price consolidated in the opening session and gave up move/break out. Price faced resistance at the channel trend line and fall down. 23000 is still the trend deciding zone. Buy above 23030 with the stop loss of 22990 for the targets 23060, 23090, 23140, 23180 and 23220. Sell below 22960 with the stop loss of 22990 for the targets 22930, 22900, 22860 and...
Gap down opening today and price moved within the range of 600 points today. 76000 is the strong resistance as of now. Buy above 75340 with the stop loss of 75260 for the targets 75440, 75520, 75700, 75820 and 75940. Sell below 75140 with the stop loss of 75240 for the targets 75040, 74920, 74800, 74720, 74640 and 75520. As per daily chart, price is moving in a...
Price moved in range between 23000 to 23400 through out this week. 23000 is a strong support zone. Price is bullish as long as it is sustaining above 23000. In daily time frame price is testing support zone and should move above it to be bullish. Buy above 23060 with the stop loss of 23010 for the targets 23100, 23140, 23190, 23240, 23300, 23360, 23420 and...