Positional
NIITTECH - PennantNiittech has pennant breakout and its a very strong bullish continuation pattern over 70% winning rate... RSI and MACD is positive hence 2100+ can be seen in coming days. Targets on chart...
Reliance - 2100 is ComingRelaince broke previous high with volume and retraced at 0.382... Now wiiling to make new high... 2095 is the PRZ of AB=CD on Monthly chart so be cautious at 2095 . If it breaches 2100 then 2280 will next target... RSI and MACD both are positive and bullish which confirms upward move is still pending...
All the gains washed in NiftyNifty today gave gap up opening, which was a bit of a surprise for us shorters but it has now washed away all the gains of the today, it is even filling the opening gap, this is indicative of the bearish momentum in the market picking up.
It might be little early to speculate, but I'm starting to see the possibility of this being last bull leg in positional as well, we might have a significant correction in Indian as well as global markets.
Natural Gas BuyNatural gas ⛽️ buy, very long term positional trade, high profit potential, going to see how this plays out, went long with 0.1 leverage