RELIANCE is taking support from trendline on HOURLY frame .we can go long by keeping our SL at 2450 just below the candle .We can can take last swing high as its 1st target and 2600 as 2nd target.
As we see NIFTY take support from the 200EMA and 0.382 FIBO LEVEL after being bearish from the last 3 days. NIFTY will start its bull run again if it sustains above 200EMA.
we can see VLS FIN LTD INDIA was in consoldation from the last 6 months from it gave breakout with good volume. we can make 265 as its swing trarget according to pattern (RECTANGLE) formation which is also its all time high.
We can spot bearish BEARISH DIVERGENCE on 15min frame. we can go short if it breaks 200EMA and the HIGH VOLUME AREA on 15min frame and for long entry we have to see if it sustains above 200EMA.....BIG MOMEMTUM IS EXPECTED DUE TO ITS QUATERY RESULTS.
Bearish divergence spotted on 30 min frame...we can short after it breaks 200ema on 30 min frame.Targets are mentioned in the chart itself.
DESCENDING TRIANGLE formation in HDFC LIFE.We can short after breaking 50ema and 668 levels .and make 200ema as target 1.For long entry it should break the trendline. Targets are mentioned in the chart itself.
We can see DESCENDING TRIANGLE formation in descending triangle. Short entry should be made below the 200ema.Targets are mentioned in the chart itself.
As we see the symmetrical triangle formation in the TCS. we can enter either side after breaking NO TRADING ZONE.targets are mentioned in the chart itself
As we see the the bearish divergence in ICICI BANK we can short it after breaking 50ema and go for the targets as mentioned in the chart.we can go long only if it breaks the previous day high.
JSLHISAR is on the verge of breaking ASCENDING TRIANGLE. we can enter after breaking 309 levels which is also its all time high . keep your stop loss below the breakout candle and trail your sl above as it keep making higher and higher swings.
tommarrow market would be volatile due to AGM of RELIANCE .so trade safely