As expected .. market falling in to fill the gap remaining ..macd and rsi will also show falling market if it falls another 20 points ... it will re-bounce after touching the 9450 level. the fib is a custom made for the market.. -> short position can be taken buy selling OTM calls for the next week ... -> buy only if nifty crosses 10330 level else short each day
The is stock is in supply zone if take support then upward move ... if too many wick then weaken supply zone,very much possible for it to retest the 87 level before going up ... this move will be to make people close their call position assuming they bought at 100 with mental stop loss of 85 ... then massive up move possible
A custom Fib level has been drawn from the candle that broke the trend from sideways to uptrend ... The next Long position entry can be taken from fib 70 area for uptrend best would be from around approx 1336 with first target of 1400 -> 1420 -> 1445
It has shown range breakout .. also checked the resistance as support criteria .. once break 105 expected good move towards 120 RSI is increasing as well as volume expansion happening
ITC is in consolidation zone . .. with high uptrend possibility higher lows forming for risk takers buy above 203 ... ... buy only when rsi above 60 in hourly chart with small target if 210 .. safe traders buy only when red line becomes support for new trend cycle
Channel has been broken ... spring entry position also validated .. cup formation expected .. buy only above next fib level ..with good volume breakout.
SBIN forming cup ... now ... either .. handle ... descending channel ... double bottom ... buy only when 177.85 crosses Target.. 200
Major trend is upside .. secondary trend is agressive upside .. prices can consolidate for some time then a breakout towards upside can be expected. good buying can be expected above 500
A bull rally done .. now a little consolidation happening ... retesting the red zone for safe buyers buy only above 1780
Srf has broken the consolidation range and broken thorough with good volume .. complete retracement possible now. next target can be 3900 / 4000 and above possible.
If airtel breks 556 level than small downside move possible else be cautious in trade
My view will be on buy side above the support level 945 .. if not broken then i will not trade since it will be in no trade zone ... view on 15 - 45 min and 1 hourly is negative .. I think there will be massive resistance to downside at-least till 915 ... after that look for sell
A very simple idea . stock is breaking the channel with good volume and positive RSI and MACD . targets has been calculated using fib level.
Banknifty very close to red zone .. it will fill it at max till the highest possible value .. if filled early then possible it will become range bound in the red zone .. CPR is also wide .. it will oscillate between the opening pivot zone ( if gap up opens then CPR and R1 or R1 and R2)
UPL is in a upward channel ... in the resistance zone also consolidating .. possible both scenario upward breakout or back to support level ( indicated in red line) buy only if candles closes above the channel middle line.. scenario 1: consolidate for some time in red zone ... goes towards the last support line to test the level and also to increase the buying...
A Downtrend was there in HUL now cup is being formed in Daily Timeframe in lower time frame 2h and 1h chart handle can be seen . if it breaks the upper resistance trend line with good volume then we can expect good uptrend
In Dabur Daily Doji has been formed with more than average volume present . if tomorrow it downtrend begins than can take short position depending upon trader mindset ( risk taker or averse ) . Dabur has too many level for support and resistance get in fast and get out faster ... big target may be difficult or may test the traders patience.
The Main Trend is uptrend channel is made .. if tomorrow open's below the middle channel line then shortfall till channel support also it is at 45 Min downtrend .. S = R represent Support turns resistance an vice versa ( imp level )