GPT INFRA has made a classic Cup and Handle Pattern on its monthly chart and is attempting to clear its historic resistance level ,If all goes well for it should go up to 184. Note: Only for Educational Purposes
BANKNIFTY has made a downward sloping parallel channel for itself for the moment and seems to be following it. ** Only for Educational purposes
BankNifty behave very erratically throughout the day. But levels were very clear and again it touched and fell a the crucial mark. But it still hasnt broken the Trendline. Short only if it breaks it. ** Only for Educational purposes
On the Daily Chart, TRIDENT LTD. has formed a bullish candle and seems to be making a Breakout. The company has a lot of potential in terms of businesses they are in as well. ** Pls note that I am not a SEBI registered advisor. This analysis is just for educational purposes. Kindly contact your Investment advisor for investment related queries.
2 Days of continuous flat openings and closings. Yet my view is still Bullish on BankNifty. Important levels have been marked for strength and weaknesses. Cautious and small traders have to be light on their positions and proper risk management has to be adhered to. ***** Im not SEBI registered and this analysis is just for educational purposes. Contact your...
Halfway target of the pole has been achieved in the 1st 2 hours of trading. When your analysis succeeds you should feel happy but its not the case here. A healthy economy is the key to a lot of other things. On the stocks side its a moment of opportunity, keep buying , its a great moment to enter. However another 880 points still remain.when will it happen , is...
The BANKNIFTY respected the levels provided yesterday hugely. But looks like it has made a channel for its movement before it takes the final plunge, just in case we have some very positive cues. The only scare is with Corona pulling its head again in several countries because of which the market is still jittery. It has closed at the edge of the Flag's lower...
The BANKNIFTY showed some positive streaks but then finally ended the day slightly negative. During the day it has taken support at 50 RSI leves almost thrice and bounced back. If tomorrow the market opens flat and travels down below 34828 we can plan for a target of 34828 and next would be 34673. On the Upside if it crosses 35128 then we can plan for 35211 and...
Follow the Trend Line to see the support areas. Downward movement only possible below 35811...Let a 15 min candle close below it and then a PE can be exercised.Upside only after 35987
NIFTY has taken the support of the zone several times and the trend line on the right is now acting as a resistance. we can see a decisive move only once it is able to break either side.