Buy with sl 141 Target 180+. Chart is moving in Higher high formation.
If tomorrow open below 615, Sell for target gap fill 607 and Stop loss 617.
Reliance Preparing for Breakout after months of correction. RSI also ready for trend line break out. Buy simple!
ITC all time favourites of retailers. In weekly chart another break out scenario and heavy volume in last candle and RSI above 60. I'm already bullish on ITC when it's breaked 195 level.
Mahindra and Mahindra has given another break out. Support and resistance plotted in the chart.
Nifty auto already given break out . Now Nifty Auto have a open space for upmove until 11122. So Buy auto stocks on dip simple!
Tatamotors ready to vertical move. It can trigger any time. A big gap up possible in Monday. Buy simple!
In previous update I said that buy near 550 but it turned out from 585 and break resistance and moved 6+% in a day. Now Tatasteel created big green candle in weekly chart. So ,Buy on dip simple.
Dabur just closed above pre covid level in weekly chart. Next week is very important for Dabur. If Dabur close above 541 for two days , simple buy. RSI also ready to trend line break out but wait for confirmation. Else didn't sustain above 541, so it is still respecting channel pattern and it can fall.
Bitcoin is continuing upmove. However, My assumed target achieved but think it can go further. So good thing is keep sl tight or Book partial profit.
Here is Reliance daily and weekly support and resistance and RSI trend.
Nifty is looks like negative after a double top formation and quick fall. We can see RSI diversion too. Just like before March crash see in monthly chart.
Banknifty is looking similar to Nifty . A double top and RSI diversion too.
Bitcoin ready to another break out. It's look like repeating previous pattern.