Looks Bullish. Strong support at 125. Targets - 160 and 215
Stock has tested 124 multiple times, I see possible breakout without retracement. One can enter now at cmp or enter at 1D breakout candle... FOR TARGET 185 i.e 93%
Initial public offer was at 366. 366 resistance can now act as support. there's a BO & small retest... buy at cmp or gtt order at 366 for targets 425 & 520. SL 328 (if you want)
Long Above 42495, for Targets 42550, 42680, 42807. Short Below 42415, for Targets 42365, 42295, 42105. Sideways Zone from 42415 to 42495. Targets can act as support or resistance, trade what you see... trail profits at every target or sl at cost.
Long Above 18405, for Targets 18420, 18440, 18503. Short Below 18380, for Targets 18365, 18345, 18283. Sideways Zone from 18380 to 18405. Targets can act as support or resistance, trade what you see... trail profits at every target or sl at cost.
BankNifty Trade Big Reward Small Risk . . . . . . . . . .
Long above 42185, for Targets 42257, 42350, 42610. Short below 42080, for Targets 42010, 41920, 41650. Sideways Zone from 42080 to 42185. Targets can act as support or resistance, trade what you see... trail profits at every target or sl at cost.
Long above 18325, for Targets 18340, 18365, 18425. Short below 18300, for Targets 18280, 18258, 18195. Sideways Zone from 18300 to 18325. Targets can act as support or resistance, trade what you see... trail profits at every target or sl at cost.
Today BankNifty bounced exactly from nearest support and went all the way till day's open/high, made a double top and reversed. For tomorrow expiry, go long above 41835, for targets 41885, 41945, 42050, 42110. short below 41775, for targets 41725,41665, 41505. reversals are 42110 and 41505
Sideways zone - 41500 to 41610. Long Above 41610, for Targets 41690, 41805, 42055. Short Below 41500, for Targets 41435, 41260, 41070. Targets can act as support or resistance, trade what you see... trail profits at every target or sl at cost.
Banknifty bounced exactly from sideways zone... 1% BOUNCE, ALMOST 400 POINTS TRADE
Sideways Zone -- 18062 to 18090, Long above 18090 for targets -- 18110, 18135, 18208. Short below 18062 for targets 18042, 18017, 17945. Targets can act as support or resistance, trade what you see... trail profits at every target or sl at cost.
Long above 40475, for targets 40550, 40650, 40920. Short below 40365, for targets 40290, 40195, 39920.
LONG ABOVE 17650, FOR TARGETS 17680,17725, 17840. SHORT BELOW 17605, FOR TARGETS 17570, 17530, 17415. targets can act as support or resistance, trade what you see... trail profits at every target or sl at cost.
LONG ABOVE 40865, FOR TARGETS 40990, 41165, 41655. SHORT BELOW 40670, FOR TARGETS 40535, 40355, 39865. targets can act as support or resistance, trade what you see... trail profits at every target or sl at cost.
Buy ATM options after 9:20, it can be trending tomorrow, you can hold positions till 3pm , or just trail profits at every target. check related idea of budget 2021 down below
Repetitive pattern seen in the stock. Price is moving only in flags & poles ( even if you look back in the chart ). Get ready for the next flag... I'm Bullish for the stock technically & fundamentally.
targets can act as support or resistance, trade what you see... trail profits at every target or sl at cost.