Hell Traders, i can see Bank nifty is forming H&S pattern on 30m candle chart, lets see what happens, but buy only above 32605 for level 33100 ! have a good luck!
Hello Traders, plese have a look my views at the banknifty for the coming weeks ! there are two scenarios that can be created. In both cases it has to go up till the 36500 level ! good luch.
Hello Traders, it looks like making the Lower Low pattern, if it is like that it must touch the level 6550. So trade with care and keep position on short side till the pattern is going on, good luck!!
Hello traders, it must be a value buying @ 2400 with the proper stop loss 2330, have a good luck!!
Hello traders, 33100 is the good & enough support for the short term, so look for the short if breaks the previous day's low. have a good luck!!
Hello traders, clearly we can see the gap on daily chart (marked) which need to be filled before going up side, Next support levels from lower side is 14280, so be alert, buyer can wait for the support levels and reaction at the same levels then go long if got positive signal. have a good luck!!
Hello traders, i think its a time to buy MARUTI in staggered way, there are only 2 levels in lower side (6900 & 6750) to support (strong). let see how the market respect these levels ! have a good luck !
Hello traders, now its a time to go short below 2055 with sl 2122 for the target last swing lows, have a good luck!!
Hello Traders, there is an opportunity in insurance sector with ICICIPRULI, i thing we must go long with, what i have seen that it has been concolidated in a range between 468 to 472 from lower side and same range must keep the SL & move upward for the profit booking area, have a save trading. Good luck!!
Hello traders, have a look at the NESTLEIND, it has been retraced 50% from the top (green line) according to Fibonacci tool and creating a bullish cross over in MACD and just wait to cross & close above the 20 DEMA, so many things are showing positive move. so keep eyes over that..have a safe trading & good luck !
Hello Traders, Now this is the time when we can think to create a long potion because it has given the fresh H&S breakout and it has consolidated in a range of 2490-2600, now it is just above the range and 20 DEMA, so lets see what happens! have a good luck!!
Hello Traders! Let understand the behaviour of price movement, if we look at the BALKRISIND, it has faces almost 3 times resistance b/w the price 1725-50 at higher side and 1500-1535 on the lower side, but today it has been broken the range with the huge volume and MACD, RSI & 20 DEMA also supporting the price movement to go further higher till the level 2000...
Hello traders, once again, i am looking an opportunity in HDFCAMC here, logic behind the trade is, it is crossing the 20 EMA and MACD & RSI are also looking bullish on daily chart. There are possiblities to go higher at the level 3350 and support must be at the level 3025 ! Good luck!!!