Indianmarket
nifty Buy with sl 13420 Nifty recovered 300 points after a big drop.It just broken trend line in 1H.
Buy with sl 13420
Target 1 - 13610
Target 2 - 13740
Trade with your own risk.Good luck all.
ERIS LIFESCIENCE - Symmetric Triangle PatternERIS Lifescience is trying to create a symmetric triangle pattern in 6 months timeframe and can possibly give a breakout in upward side considering the pharma sector still has a pending bull run. One can take a long position from 517 - 524 for a possible breakout. Targets should be - 546 - 588 - 588++
BUY CALL BUY CALL FOR DISHTV AT CMP FOR SHORT TERM
TARGET 15.80 - 16.50
EXPECTED PROFIT 46-50%
NSE:DISHTV
ITC BULLISH DEEP CRAB - NEXT TARGETS MEANTIONEDPRICE HIT EXACTLY AT HARMONIC POINT AND REVERSED - SNIPER ENTRY
Bank of Baroda - BSE - India*****Please follow, like, and support this idea, if it helped you in anyway*****
***This is not a financial advise***
Bank of Baroda fell sharply from the support level turned resistance and now holding on to another support since 5 months and seems like that it might test the resistance level again - this might take one year to two years or could even take next three months before the earning starts.
Going in with the views -
Nifty fibo analsys sell at the top 12400-12450Nifty at the top of the channel.fibo level at the top 12400. sell between 12400-12450 with sl 12520.US election result impact tomorrow opening gap up.
trade with your own risk. Target 12100,11900,11750.
NIFTY, HISTORY REPEATS ?WE CAN SEE IN NIFTY PREVIOUSLY FORMED THE SAME PATTERN AND THEN PT GAVE GOOD RUN AFTER CORRECTING. WE MIGHT SEE THIS SAME RUN UP IN NIFTY IN COMING DAYS.
LEARNING ONLY.
BANDHAN BANK GOOD TO GO LONGThis is a great setup I found this can be an epic multi-bagger stock will decide about this after its fundamental analysis, for now, its technicals are really great.
Indian rupee vs dollar After decades old bull markets. The great indian growth miracle is going to increase demand of currency as biggest company of the world are coming to india.
WEEKLY CHART OF NIFTY 50ONLY FOR LEARNING.
WE ALL KNOW THAT THIS RALLY IS BASED ON LIQUIDITY
INFUSED BY GOVERNMENT IN MARKET WHICH IS GIVING RUN
UP TO THIS RALLY. WE CAN SEE THIS
RUN UP TO CONTINUE TILL US ELECTION.
ONLY MY OPINION IT CAN BE WRONG.
IF IT BREAKS SUPPORT LEVEL DUE TO
CURRENT WEAKNESS IN MARKET THAN
WE CAN SEE NIFTY GOING TO LOWER LEVEL.
WEEKLY ANALYSIS.
INDECISION IN NIFTY 50DOJI IS FORMED IN WEEKLY CANDLE IN NIFTY AND ITS ALSO CLOSE TO RESISTANCE , WE CAN SEE WEAKNESS IN COMING WEEK.
ONLY LEARNING
Silver on Symmetrical Triangle Silver has formed symmetrical triangle and we expect it to be more prudent if it breaks downward. Why? It is giving signs of weakening after a good upmove , thus possibly a retracement is due.
NIFTY 50 - Complete Breakdown of ChartHi Traders,
As we breakdown the hourly chart for short term analysis, we have a short term bearish bias on nifty 50 because it is trading below the 50SMA. Nifty 50 has closed below a major support level today. Other Key levels as per hourly chart are between 11458.05 and 11418.18 which can act as a resistance in case of a pullback. We have a support at 10897.84 and 10861.36.
Now we will have a look at the daily chart. The daily shows that this counter is inside a support zone(White) and we have a resistance at 11445.87(Green). This resistance can be only for a short term because the daily chart shows we are still in an uptrend because we are trading above the 50SMA.
Nifty has broken a trendline to the downside but in can still be a corrective wave. A close below 11077.42(Red) will indicate the start of a downtrend.
Note:- This analysis can be used for short term and medium term analysis. We need to breakdown the weekly chart for long term investments.
If u have any suggestion on which counter u need an analysis, please comment below.
Pls like and follow for more.
Happy Trading............
POSSIBLE SHORT TERM TREND REVERSAL IN TATA MOTORSHi Traders,
Tata Motors has broken our golden zone with confidence, and is now testing a key level of trend reversal at 141.85. If the day close below 141.85 levels our short term bias on this stock will be bearish and we will be looking for shorting opportunities. If the close is below 141.85 we will have new resistance levels. New levels will be updated in post market hours if we have a trend reversal.
Pls like and follow for more analysis.
Happy Trading......
USD/INR - something is cookingINR may have made a long term TOP or about to do so.
Will wait for a confirmation by price action in next few weeks.
A small degree confirmation(daily) will be good to make a trade.
Looking for mid and long term targets to hit over the next few months to years.
I am certain this will also be reflected in Equities overly long term and should be positive overall for the economy.
