ITC has Long term resistance 218. It broke it last time, but came back to same levels. ITC can give a breakout at 218 or it can trace back (pls use indicators to decide) Long term support maintained at 206. We can also trade between lines if indicators say so (MACD, RSI, SQZMOM) NSE:ITC
NSE:SUNPHARMA Too early to comment on sun pharma right now since the data is from only last 5 days and 2 sessions. 624 looks support zone and 631 is breakout zone for higher targets. IF nifty is bullish one can go for buying ONLY at SUPPORT provided MACD. RSI, SQZ_MOM indicate a bullish trade. Volume can never be forgotten always :)
JSW Steel is taking support at 402. one can expect a breakout at 406/408 Always check 1. MACD 2. RSI 3. Volume 4. NIFTY before taking any long trade . One can also buy at support for scalping Suggestions welcomed . NSE:JSWSTEEL
We are having a neutral stance for INFY for intraday on 16th feb (tomorrow) We can see 1603 as good support, as long as stock holds that support, we can remain bullish . Upside is capped at 1627 above which a breakout may happpen One can also chose to short at 1627 if RSI and MACD and SQZMOM suggest to short tomorrow . If any one else can identity any patterns ,...
NSE:BANKNIFTY Even we missed to trade on this bank nifty has given breakout If we jusst go by charts 36438 is a big support on 30 min time frame
axis bank has already given another breakout We suggested to buy at 735 3 days back. Note :This is for learning, that we can draw trend lines between smaller days also for scalping NSE:AXISBANK NSE:AXISBANK
NSE:APOLLOTYRE I have used 1 hour time frame 236 seems to be a very strong support If market is bullish we can go long at 236-239 for a target of 247 for swing traders and intraday traders wait for breakout at 247. Some people prefer range bound trading, can buy between 236 to 247 anytime If we make the time frame to 15 min, more buying opportunities can be...
indus ind bank ready for breakout Breakdown may see down side to support levels 903 which looks less probable A breakout at 1027 ( to be safe ) looks good for targets of 1037 and 1053 as per trend line NSE:INDUSINDBK Note : Charts only for learning . Please trade with caution since it can go both ways . USE MACD and SQZMOM indicators to take entry
NSE:NIFTY This can go either ways using this for watching tomorrow's movement. Nifty is at its support If it breaks, it will be down till 15043 since that range is the supply/demand zone
Axis bank gave a beautiful breakout at triangle pattern. We took this at 735 and sold it off at 743 ( one percent rule is used ) This may be having potential for more upside mode since if we take a look at the CHANNEL pattern, it may face resistance at 748/750 levels NSE:AXISBANK please use this only for learning
NSE:WIPRO [ NSE:WIPRO "NSE:WIPRO"]NSE:WIPRO /symbol] Wipro gave a good break out, we suggested support at 435 it made high of 440 since it has a big candle at end, it is a good candidate for BTST apologies for posting this late
we suggested at 208 Result day today it broke out at 211, made a high of 213 ( a clean one percent for breakout traders and 2.5% if someone took it at support) Next seems range bound I am holding this for an upside movement with a strict stop loss of 210 NSE:POWERGRID
Wipro is taking beautiful support at trendline One can either trade between the lines or can wait for a breakout at resistance or can make long positions at the trendline support. Please watch 1. NIFTY IT 2. NIFTY 50 before making long positions NSE:WIPRO
the trendline support is strong although the same cannot be said about the resistance line . Fresh buying options can be made at the support line of 207 . Please use RSI and MACD and SQZMOM along with volume before making an entry NSE:POWERGRID
Channel pattern in Axis bank + another breakout triangle. If you follow the breakout triangle,entry can be made at 739 ( please see SQZMOM and RSI indicator before entering). If you follow the channel pattern, then 736 is support and 749 is resistance for breakout . One can also trade within the range NSE:AXISBANK
triangle pattern in kotak mahindra bank 15 minutes time frame
trade according to the market momentum tomorrow in between the lines
please trade as per market movement tomorrow between the lines NSE:AXISBANK