MARUTI Looks overall bullish and following the trendline perfectly.
MARUTI is holding the above trendline from May 2021. Today, it retouched the trendline and bounced back hard.
Above 7350, It can reach to 7650 quickly and easily.
The risk level is 7150.
One can enter the trade today at 7190 with Target= 7650 and Stop Loss= 7150 for almost 400 points with risk...
BankNifty is overall bullish from longterm perceptive. From the 2hr Chart, we see that the BankNifty is trading in Bull Channel . This kind of setup is best for positional/ Swing F/O traders as we can make money on upside and downside.
Last week, BankNifty touched the lower trendlines and supported bears for a while. But, It holded the support of the lowest...
BankNifty is overall bullish. From the 1hr Chart, we see that the BankNifty is trading in Bull Channel. This kind of setup is best for F/O traders as we can make money on upside and downside.
Currently, BankNifty is holding the lower trendline and attempting the move towards the upper trendline.
Below 34950, it can touch 34700 and bounce back to upper...
