Price action is once again testing the support zone at 945 - 955 level.
Nifty never reacts as it is always proactive. Price is consolidating inside an ascending triangle. Once the resistance 10980 - 11000 is broken, we can expect a big good movement. Till that time comes, have patience bulls :)
Resistance is seen at 1190 - 1205 level. Breaking it will push the price towards 1220, 1235 and 1260.
Buy above 303 with the stop loss of 300. Targets are 306, 309 and 312. Hit like & subscribe to post more ideas.
10750 - 10770 acts as the support zone for the targets 10820, 10940 and 11040. Breaking the support will make the price to fall towards 10720, 10640, 10580 and 10520.
Sell below 427 with the stop loss of 431. Targets are 423, 419 and 415. Hit like & subscribe to post more ideas.
Support is seen at 27000 - 27050 level. On taking support price will move towards 27320, 27560, 27720 and 27960. On breaking the support price will fall towards 26820, 26640, 26460 and 26180.
Buy above 568 with the stop loss of 563. Targets are 573, 578 and 583. Hit like & subscribe to post more ideas.
Classical bear flag break out completion. A very clear chart.
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Sell below 872 with the stop loss of 880. Targets are 864, 856 and 848.
Price is bullish as long as it holds the trend line.
Bullish above 10940 for the targets 10990, 11080 and 11220. Bearish below 10880 for the targets 10800, 10720, 10660 and 10520.
Bullish above 27580 for the targets 27720, 27960, 28220 and 28460. Bearish below 27350 for the targets 27120, 26800, 26520 and 26300.
Buy above 680 with the stop loss of 674. Targets are 686, 692 and 698.
Price is bullish as long as it holds the trend line. Buy above 1195 with the stop loss of 1185. Targets are 1205, 1215 and 1230. Hit like & subscribe to post more ideas.
Bullish above 10840 for the targets 10920, 10980, 11140 and 11200. Bearish below 10720 for the targets 10660, 10520 and 10460. Hit like & subscribe to post more ideas.