TheStocktrader_Skn

TheStocktrader_Skn

40500 is a still a level where we can see good bounce. below 40500 we can see good selling and index may go for a pattern of CUP & Handle pattern.

TheStocktrader_Skn

After trading in a lower low pattern for almost a year, Consolidating in a range for 3 months this scrip is trying to move up. It has formed a triangle type pattern and trading near resistance. on a successful breakout and re-test the stock may give a good move. Keep this in radar and trade safe.

TheStocktrader_Skn

Till the time 2750 was a strong hurdle for TITAN, Price tested multiple times and now there is a high possibility of good breakout. Keep this in radar

TheStocktrader_Skn

Nifty looking weak in chart, Every day index opening higher but unable to hold at these level and price closing lower. Till date nifty is in HH pattern but today it failed to hold above 17.8k and looking like bear may take charge. Time to be cautious.

TheStocktrader_Skn

Clearly the Index is moving in a HH pattern and taking support in the lower trend line. since last 2 days index is trading in a range of 150 points where sellers trying hard to push the index down, instead of positive global cues index closing lower after opening at higher levels but unable to break the range hence its creating a range which may act as strong...

TheStocktrader_Skn

Nifty is on a HH pattern and on a channel in hourly chart so until we break the support zone its a buy on dips. On a gap down and if price is sustaining below consolidation zone then we may see a good correction.

TheStocktrader_Skn

The scrip is in inverted HnS and Left Shoulder and head is formed, Now the scrip is bouncing back with double bottom and breakout. in daily chart and hourly chart its trading above resistance of double bottom breakout. keep the stock in radar.

TheStocktrader_Skn

BankNifty — Last friday there was a gap up but index failed to hold at these level and we saw a selloff from these levels. Situation 1- After gapdown index may take support @ 38800 level and bounce towards 39550. Situation 2- If index failed to hold above 38500 then further correction possible. #Note - The idea is shared for educational purpose and not a trade...

TheStocktrader_Skn

#Nifty - Last Friday Nifty broke out from the trendline but open with a gap and failed to hold at higher levels. Today its preparing to open near support of 17070. If the index took support @ 17k range and bounced then it can be considered as retes. Levels on highers side - 17160, 17270, 17350 & 17420 On down side Supports - 17070, 16950, 16775 #Note - The idea...