Bank Nifty - Upside for next 7 trading sessions. Seeing the pattern thats a clear breakthru on XABCD pattern and it would even go further till marked levels.
The downfall from 1800 needs a retesting of same levels to initiate a downward movement.
NSE:BANKNIFTY If Daily closes above 36900, we are good for 39700 till end of Oct 2021.
Please check the trend and lower range - We are moving to 1766, Stop 1786 (The diamond mid high)
This is a monthly target for Apr 2021 Expiry
Long term is still bearish for Gold Spot (XAUUSD). We can see a corrective move till 1730 and again drop till 1670 Levels.
In Hourly TF, Gold Prices look to touch 1767 before taking a bounce from these levels. The upside is not a supported move as we can see from Price Action.
Bitcoin is a Long at this level as it is a breakout of the head and shoulders pattern. We can easily see 38000 in next couple of days.
Bank Nifty is at Resistance Levels with both ABCD and XABCD pattern. Best time to Short with STOP LOSS of 29100. Targets - 27600
Buy at CMP - 1230 Target - 1330 Timespan - 1 to 2 Weeks SL - 1212
If it sustains above 1256, then Target is 1291 If it Breaks below 1215, then Target is 1100
Last week provided the levels and they have been respected well by the market. Next Week 26800 Target Stop Loss 26100 (Closing Basis)
BIOCON - Positional for 1-2 Weeks BUY AT CMP - 413 TARGET - 470 STOPLOSS - 90