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View on Cipla for next one week. So possible for waiting good risk to reward is entry after some consolidation at this level before any further move.
Whenever cipla moving above marked levels 1226 then we can see further movement from here can expect minimum 5%
Short crudeoil from this level expecting around the two to 2.5% down side from here
Going long in crude oil as per setup looking for a target 5810.
As per price action levels are marked in charts. Let's see how the market reacts. Follow our rules. Just take looking for long with strict stop loss.
As per chart setup long only above 44150 levels should trade above this levels minimum 15-30 Minutes then only long term view remains. If trading started below 44840 then clear sell signal. Here also minimum 15-30 Min to be trade below AVWAP price. then can expect minimum 1200-1500 points towards downside.
As of now not interested to go long in nifty 50 as per setup. Seems some more reversal balance from here. levels are marked in charts. Entry near AVWAP will give good RR. so wait and watch mood for long. In case nofty moved above lastest high AVWAP then can thing for long from here.
Reliance long as per setup nearing AVWAP so RR will be good.
Now not looking for any long at this time. Advise to wait with calm mind so that good RR can capture. Enter above AVWAP or at AVWAP lower side.
Thinking to start hero motor from here because stock has moved too much from the low so expecting some reversal from here towards VWAP. As of now based on chart pattern looks very strong but expecting some reversal at least so not going on decide to start on this area
Some big movement expected in crude in upcoming days. As per chart seems trading at VWAP once these restrictions crossed then 6000 will be the next stop with in 2 trading seasons. But also, if reversed from here then we can see new low from here.
Looks nice BO from range. Soon it has to give 4-5% move in upside. Let see Giving or not?