SGX Nifty fell 200 points indicating selling pressure Can expect a gap down and a correction within the parallel channel NIfty forming a triangular wave pattern 14000 is the strong support
Watchout in nifty important levels for monday and coming week
We take deduction from price action and volume to approximate the expiry range for today.
#INFY is set for all time high with Double Bottom Breakout and Bullish Signal on MACD on the daily chart. On fundamental side, the IT major has just won a $500 million all-digital deal from Google.
As per trend lines - if can sustains and market trend is positive for next couple of days - we can good upmove in Century text. CENTURY TEXT - If current level sustains and - next target 463 - and then 512 Add to watch list and trade as per market trend.
Based on previous trend - multiple times, we see UPL correction to next level from current trend line. Possible correction to 480 levels or if market uptrend continue - we see 520+ levels immidiately. Add to watch list and trade as per trend,
Looking at yearly trend, major possiblility to rebound from current price! Purely technical.
Hi ac we can see there are regular Bearish Divergence with MACD Lines and Histograms which is the sign of trend reversal and price correction... the index was bullish from march 2020 as the corona pandemic made a huge fall in the economy so post pandemic we can see the market had a bullish return to its past trend and even made new ATH, so to me we are now at the...
Institutional order block likely to be there. Small stop big target. Kindly trade at your own risk. Good Luck ^_^
We can expect that IF the price exits the box and then attempts a downward move a take profit point can be expected at the gap fill range.
Possible trade Upside : If cross 107.5 and sustains - next target is 120 and 132 Downside : Incase if market trend is negative, we can see levels - 95/87 on lower side. Watch Market trebd and trade accordingly.
Reasons- 1) PSU (lol) 2) Weekly trend is down. 3) Rejection from historic resistance. 4) Noob traders buy cheap stocks not knowing it's a falling knife. 5) Small stop with bigger profit targets. Kindly trade at your own risk. Good Luck ^_^
NSE:VINATIORGA Have a closer look at price and volume you will notice there is definitely good strength in this stock. Stock looks good for at least 3Months to 1Yrs holding. I will not suggest any buy or stop loss level from here. You decide it as per your Risk Management. Best ways to ask it to chart itself. Also note, Do take advise from your financial...
Buy call on bank nifty with this 2 support level. 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