BANKINDIA look good to accumulate with low risk Can accumulate @ 112.5-112 with sl 111 for target 115-118
MARUTI now at rising TL Support break down below 5790 can take it till 5650-5600 zone Having strong resistance at 5960-5975 (Double Top in lower TF) After a weak monthly sales number look good to short below TL or at 5870 zone
NIce Weekly BreakDown Setup below 588 for the target of 546-510
NIFTY ALMOST ON VERGE OF CHANNEL BREAKDOWN .. 8550 spot important to watch below that opens for 8470-8440
Tisco forming triangle in 15mins chart .. Narrow range since 3 days from 410-418 below that gap till 406 above 420 continuation of uptrend and below 410 can correct till 392 which is good supp
Tisco forming triangle in 15mins chart .. Narrow range since 3 days from 410-418 below that gap till 406 above 420 continuation of uptrend and below 410 can correct till 392 which is good supp
LOOKING AT THE DAILY CHART LOOKS LIKE BANKNIFTY GOING FOR LEG D OF HARMONIC ABCD BELOW SUPPORT 19100 SPOT WHICH EXTEND CORRECTION TILL 161.8% OF POINT A @18550 WHICH ALSO IMP SUPPORT ZONE
IBREAL NEAR RISING CHANNEL TL IN DAILY IF IT BREAK THEN CAN SEE SHARP FALL TOWARDS 80 WITH 89.5 SL
Looking at NIFTY WEEKLY CHART WE HAD SEEN STRUCTURAL FRACTAL MOVE from MAY 2014 to FEB 2016 .. And after making high of 8968 it showing same indication .. So just Pre-empting same structural move Pattern void abv 8968 and more indication below 8550
LOOKING AT THE NIFTY DAILY CHART LOOKS LIKE NIFTY GOING FOR LEG D BELOW TL SUPPORT 8590 SPOT FOR POINT D @ 8400 WHICH IS EXTENSION 0F 161.8% OF POINT A . POINT D ALSO HAVING GOOD TL SUPPORT
As per my last post on Twitter NIFTY STRUCTURAL MOVE (15mins) Today it has given the trigger with same move which use to happen earlier Now will it come to test n break Gap level like it did earlier Below 8690 Gap area t 8620-8600 Which is also Trendline Supp
NIFTY LOOKING AT THE PATTERN ..WHENEVER GAP UP HAS BEEN OCCUR STRONG SUPPLY SEEN LATER AFTER BREACHING TL .. AS RBI POLICY IS AHEAD SO IT WILL BE RISKY SHORT SETUP AT THIS LEVEL 8740 WITH STOP OF 8780 WHICH WAS EARLIER STRONG SUPP WHICH CAN ACT AS RESISTANCE NOW .. TARGET FOR SAME 8695-8655 #RISKYNFSHORTSETUP
IBREAL LOOKS GOOD TO SHORT AT 92 ON CHANNEL BREAKDOWN .. STRONG RESISTANCE AT 95 CLOSING BASIS FOR TARGET OF 88
RELCAPITAL LOOK GOOD TO SHORT AT 568 AS FACING TL RESISTANCE .. STOP ABV 575 .. LOW RISK REWARD TARGET 560-552