Titant to cool off after a great rally Great up move was witnessed from 1260-70 zone and reached the upper trend line 1370-80area, soon we can see profit booking and am expecting price to fall.
Target 1300 TP1
Target 1240 TP2
Remember it can still jump from 1300 so try booking partial profit and wait for TP2 with tight stop loss.
For upper side if price hold near 1300 we can soon see 1400 and above.
Good luck every one
BSE
GAIL INDIA LTD getting ready for a bull ride?GAIL INDIA LTD has settled up by 4.28 percent at 90.20 paisa on Tuesday. Stock has today broken through a 50 days rectangular consolidation along with MACD developing bullish divergence with a bullish cross. Stochastic is also above its signal line and sloping upward favouring bullish momentum. A tweezer bottom combination is formed near 85.50 that was also near the mid of a bullish trend. Based on structure developed on daily chart one can look for long opportunities in this stock around 88.50-87.50 zones with a stop loss below 85.50 for targeting 98-104 in coming days.
Bank of Baroda - BSE - India*****Please follow, like, and support this idea, if it helped you in anyway*****
***This is not a financial advise***
Bank of Baroda fell sharply from the support level turned resistance and now holding on to another support since 5 months and seems like that it might test the resistance level again - this might take one year to two years or could even take next three months before the earning starts.
Going in with the views -
Nifty 3/11/2001SGX NIFTY show bullish trend in market and yesterday NIFTY close also above the support level so its good level to execute buy call
Personal advice:-
SL :- 11565
Note :- Do not go with my advice , study a trade !
Hello i am Zeel Goswami,
Here on my profile you can get best positional & swing trade
Thank you
What is levels for tomorrow? In the chart we can see nifty on near support level
For tomorrow
Bulls can make position at 11620 with SL of 11560
&
Bear can make position after breakdown by 11525-11580
But personally i suggest bull trade
Note :- Do not go with my advice , study a trade !
Hello i am Zeel Goswami,
Here on my profile you can get best positional & swing trade
Thank you
HINDPETRO | Time for some upside
Bearish cypher pattern - CD leg forming
Bullish divergence on the 4h to the daily chart.
Historical performance, although not a guaranteed factor of performance, shows similar divergence on the daily with a pull back of 30%. This time, however, the pullback might be below 20% as the pattern is of smaller magnitude.
Have fun, stay safe!
Banknifty is to Obey the Bulls !Banknifty has tested for a long time in the historical trading range as marked in the graph and exiting that is itself an achievement for the bulls. It is much promising for this zone's upper bound to be tested no matter how strongly it comes to test it.
IT IS and IT IS BULLISH !
This fact is difficult to digest considering the blood bath on Last Expiry Day, but hey ! We are not to base everything on one day's move the overall trend is to be identified and accredited.
Indusind traders stay cautious. Looks like a trap Indusind bank can fall and according to me the rally yesterday was fake to trap retail investors.
My analysis showing it will fall below 500.
With first target of 550 and second target 500 area which will act as a double bottom for the stock, if sustained can jump and if not more fall can be seen.
Good luck to all traders.