Nifty 500 looks set to break the local high it created before falling and is set to bounce 1300 points from here. However, this bounce would be used to exit and would eventually become a sell on rise opportunity for institutions. Use this bounce to exit longs, as we head in to choppy few months.
PNB Futures trade. Price is making a bullish wedge on weekly chart. This wedge is called, compression liquidity pattern. Once 119 is broken, price will make a momentum move towards, 175 region. This is the entry and exit plan. Entry - 89.40 SL 84.80 Target - 1 119 Target - 2 151 Target - 3 178
Hindalco made a quick retest of 496 which was a important QM Level on weekly chart and has shown reversal on LTF. Time to go long with T1 - 625 T2 - 712 T3 - 835
Price is ready to turn. A crucial DP is tested. Secret signal to go higher indicated. Accumulation done for months. Once 2997 is broken, price will Target - 1 3870 Target - 2 4213
Price action is suggesting, we are going to see a trending one way move in crude oil 129 level over next few weeks. Overall set up looks extremely bullish. With a SL of 57.2, one can aim for target of 129 and 143.
DXY will have a very interesting say in global equities in time to come. Either of the two scenarios will prevail.
CRYPTOCAP:MATIC is long for a target of 1.5 $ and 2.5$ in the long run with a SL OF 0.31 $. Great place to go long. Altcoin season is going to be back really soon.
PNB futures is long at CMP with a target of 172. SL 123.
Solana has cleared all the supplies and retested the 120 level. With a SL of 118, one can go long for a target of 205 and beyond.
Hdfc AMC created a new higher high after retesting the break of 3446 level. Stock is ready to move to 5200 and 6100 level. SL 3400.
You are not going to believe when Nifty actually plays out like this. Today as we approach election results, this is how I see nifty unfolding for next 2 months. Long Play Nifty CMP - 22547.95 Target 23047 SL 22416 Short Play Entry - 23047.50 SL 23080 Target 21850 Long Play Entry 21826 SL 21820.90 Target New All time high. My over all target on higher...
On a new trend, Hindalco is set to go for new targets Target 1 - 835 Target 2 - 960 Target 3 - 1160
I shared a short trade earlier on Dalmia Bharat which worked perfectly. Here's another scenario which has high probability of playing out. 1. Dalmia Bharat is approaching 1457.15 - 1415.00 area. a. If It is respected, target is 2550. A new All time high. b. If 1415 is broken, we will see 1250 level and price from there will make a new all time high.
A crucial level is broken at 174.90. Price is clearly indicating another up move on the chart, this is a retrace to another level. Start accumulating from 155 to 145 Levels. Targets on the higher sides are 234.5 and 290.
Crucial days ahead. Nifty futures, if it breaks 21813.60, we will have some retracement but will be heading to 21060. Break of 21060, we will definitely go to 20270, again via some retracement. This is pole-base-flag pattern playing out in a weekly timeframe. We are not in a bear market, but 10-15% correction may loom before we head back to the bullish trend...
Matic usdt is ready to turn and will target 2.4 $ mark, once that's taken out, it will target a new all time high. Entry - 0.72 SL - 0.41$ Target 1 - 1.9$ Target - 2 - 2.4$ Target - 3 - 3$
Patience bears sweet rewards. Ashok Ley has been testing lot of patience but the time to reap rewards has come. With a SL below 160 one can go long for a target of 250.
Dalmia Bharat. Expect price to go to 2440 and see reversal pattern for short. 2481 is SL from there. If 2480.90 is broken, that's a signal to go up.