As per the chart we can see falling wedge which is a bullish pattern in lower time frame and strong support zone in higher time frame. Buy above 1482 with the stop loss of 1474 for the targets 1490, 1498, 1510 and 1522. Sell below 1466 with the stop loss of 1472 for the targets 1458, 1450, 1442 and 1430. Check the live market updates. Hit the like button to Rock...
Price is having steady up trend and having trend line support. Now price is once again trying to test the trend line. Pattern : Trend line support. Range : Medium. Trend strength : Normal. Buy Above : 23920. Stop Loss : 23880. Targets : 23960, 24000, 24030 and 24060. Sell below : 23820. Stop Loss : 23860. Targets : 23780, 23740, 23700 and 23660. Check the live...
Price broke the resistance zone 52000 and moving up. Now 52500 is the trend deciding level. Pattern : Support/Resistance. Range : Medium. Trend strength : Normal. Buy Above : 52620. Stop Loss : 52520. Targets : 52700, 52780, 52900, 52980 and 53120. Sell below : 52380. Stop Loss : 52460. Targets : 52300 ,52220,52140, 52060 and 51960. Check the live market...
Price is moving within the range of 22800 to 23150 for few days. Now it is at 23150 zone. The possibilities are 1. Price can take support from 23150 zone. 2. Price can face resistance and fall towards 22800. 3. Price can move within the range without proper trend direction. Buy above 23160 with the stop loss of 23110 for the targets 23210, 23260, 23300 and...
Price is consolidating in the form of symmetrical triangle. As per this pattern break out can be in any direction. Buy above 1485 with the stop loss of 1478 for the targets 1492, 1500, 1508 and 1516. Sell below 1470 with the stop loss of 1478 for the targets 1462, 1455, 1448 and 1440. Check the live market updates. Hit the like button to Rock !! Show some energy...
Price is moving within the range 51200 to 52000. And friday movement was volatile. Pattern : Consolidation. Range : Medium. Trend strength : Normal. Buy Above : 51620. Stop Loss : 51520. Targets : 51700, 51780, 51900, 51980 and 52120. Sell below : 51380. Stop Loss : 51460. Targets : 51300 ,51220,51140, 51060 and 50960. Check the live market updates. Hit the like...
Price is still moving within an upward channel. Zig zag movement makes the trend to change fast. Buy is when the price is taking support at the lower trend line of the channel. Pattern : Channel. Range : Medium. Trend strength : Normal. Buy Above : 23480. Stop Loss : 23440. Targets : 23520, 23560, 23600 and 23640. Sell below : 23380. Stop Loss : 23420. Targets :...
Price has broken the range it has formed for few days today, but still it has to gain momentum. Pattern : Consolidation. Range : Medium. Trend strength : Normal. Buy Above : 50520. Stop Loss : 50420. Targets : 50600, 50680, 50760, 50820 and 50960. Sell below : 50300. Stop Loss : 50380. Targets : 50220 ,50140,50040, 49960 and 49840. Check the live market...
Price was moving within a channel for few days and the movement is also very less. 23500 is an important level to decide the trend direction. Pattern : Support/Resistance. Range : Medium. Trend strength : Normal. Buy Above : 23520. Stop Loss : 23480. Targets : 23560, 23600, 23640 and 23680. Sell below : 23420. Stop Loss : 23460. Targets : 23380, 23340, 23300 and...
Price is moving in the range between 49600 to 50200 for the past few days. 50000 is the psychological level. Pattern : Consolidation. Range : Medium. Trend strength : Normal. Buy Above : 50020. Stop Loss : 49920. Targets : 50100, 50180, 50260, 50320 and 50460. Sell below : 49780. Stop Loss : 49860. Targets : 49700 ,49620,49540, 49460 and 49340. Check the live...
I can see two patterns in the chart. Price formed cup and handle and before it gave break out, then price has formed an ascending triangle. 723 - 727 is the support zone. Both patterns are bullish. Buy above 730 with the stop loss of 724 for the targets 735, 741 and 748. Sell below 718 with the stop loss of 724 for the targets 713, 708 and 701. Check the live...
Patterns I see in the chart are 1. Symmetrical triangle 2. Bull pennant 3. Bull flag. I like symmetrical triangle as it has the chance of moving the price up or down. Resistance is seen at 880 zone. Support is seen at 860 zone. So price has the opportunity to move within 860 to 880 and form a range. Buy above 874 with the stop loss of 868 for the targets 879,...
Price is moving in a wide range for few days. Price has given few trading opportunities for option buyers today. Pattern : Support/Resistance. Range : Medium. Trend strength : Normal. Buy Above : 23320. Stop Loss : 23280. Targets : 23360, 23400, 23440 and 23480. Sell below : 23220. Stop Loss : 23260. Targets : 23180, 23140, 23100 and 23060. Check the live market...
Price moved in a narrow range for more than two days. For option buyers it gave few opportunities to scalp. Will it give more chances tomorrow? Pattern : Consolidation. Range : Medium. Trend strength : Normal. Buy Above : 49600. Stop Loss : 49520. Targets : 49680, 49760, 49840, 49920 and 50060. Sell below : 49420. Stop Loss : 49480. Targets : 49360 ,49280,49200,...
Price was unable to break 23400 and moved in a wide range today. Pattern : Support/Resistance. Range : Medium. Trend strength : Normal. Buy Above : 23420. Stop Loss : 23380. Targets : 23460, 23500, 23540 and 23580. Sell below : 23250. Stop Loss : 23300. Targets : 23210, 23160 and 23110. Check the live market updates. Hit the like button to Rock !! Show some...
Price is at trend line support now. Sustaining above 830 can make the price to move up further. Buy above 830 with the stop loss of 824 for the targets 835, 841, 848 and 856. Sell below 818 with the stop loss of 824 for the targets 812, 806, 801 and 795. Near by resistance is seen at 835 - 837. When price reaches that level, observe the trend strength and trade...
We had a narrow range movement for the past two days, especially on Friday afternoon session, price moved in a line formation. Pattern : Consolidation. Range : Medium. Trend strength : Normal. Buy Above : 49800. Stop Loss : 49720. Targets : 49880, 49960, 50040, 50160 and 50280. Sell below : 49600. Stop Loss : 49680. Targets : 49540 ,49460,49340, 49260 and...
Price struggled to get strength in the morning and was moving in range. Gradually gained trend strength and went up. Pattern : Support/Resistance. Range : Medium. Trend strength : Normal. Buy Above : 22600. Stop Loss : 22540. Targets : 22660, 22720, 22800 and 22880. Sell below : 22480. Stop Loss : 22540. Targets : 22420, 22360 and 22280. Check the live market...