Observations: -------->>the stock is trending upwards. --------->> previously at this level a strong consolidation with upside move is observed. --------->> If price again take support from this zone we will observe a breakout above 1180 is possible. look for buying In INDUSINDBK.
Observations:: the stock is trending upwards. ------>>Today SBIN is showing Bearish pressure. -------->>Bearishness is continue or Reversal May Happen at 570 levels. ---------->>Previously A strong selling pressure is observed at 570 level ,look at the reaction at these levels to go upside or downside. ---------->>Previous Resistance if turned as Support again,...
Finance sector showing bearish pressure from 19500 levels. -------->> now its the time to fall back to 19000 levels, to go up again. Short : Below 19200 level for targets of 19000,18850 levels.
Observations: BANKNIFTY--showing bearish pressure after opening gap up, falls below 43000, clearly showing 43000 is not a support ,with the help of 43000 price again tested the supply zones @43500-43600. ----------->>If tomorrow again showing bearish pressure @43600 levels, go for selling below 43350 levels for target of 43000,42850,42500 levels. ------>> Price...
Observations: ------->>After A strong fall price showing bullish movement towards 42400 levels, -------->>Previous strong resistance @42700 acts as support and showing bullish pressure towards 43000,43400 levels. ------->> If 43400-43350 level acts as Resistance(Previous Demand Zone) price will again fall from this level. --------->>previously Strong rise...
Observations: -------->>Nifty trending upwards, today it proves that it's a retracement not a reversal sign. -------->> Again showing bullish movement in nifty, witnessed buyers are still in control. today bullish move created to exit the long positions?? why don't we think sooo.... -------->>We suspect that if it is a false breakout in nifty above 18260 level...
Observations: After A strong fall price mostly enters into consolidation stage. Previous strong resistance @42700 broken and showing bullish pressure towards 43000,43600 levels. (Price broken the 42700-42650 zone to downside and closes inside this zone.) If the same level acts as support price will again rise from this level, Strong fall happens from...
Observations: ------->>After trending upwards, a strong breakout is given above 1700 level, which is previous resistance got broken strongly. ------->>Now with opening a huge gap down, showing bearish pressure pushes the price towards downside, this is not a sign of reversal in HDFCBANK. It's an opportunity to enter long again from these levels. -------->>Keep on...
Observations: -------->>Nifty trending upwards (after a huge gap down means not to sell, its a retracement) ---------->>After a strong bullish movement, after breakout from 17800 levels, ----------->>Nifty gives larger retracement towards 18050 levels, this retracement is to enter again long with the momentum upside towards 18300,18500 levels. --------->>...
Observations: ---------->>the stock is trending upwards, -------->>After a strong bearish gap down, price is moving upwards again from demand zone @2460-2440. ------>> keep track on this for further bullish continuation or likely to reversal from this zone. we need further price action to be noticed, for reversal. As of now its bullish.
Observations: -------->>the stock is trending upwards. -------->> We have observed a left shoulder formed at 2300 level. Now if price falls back to 2300 level and if the same is acts a support we will observe a Head and Shoulders pattern in Reliance. --------->> Previously a strong fall is observed from the zone 2425-2455.If the same zone is acts...
Observations: ------->> We have a Untested Supply zone @43800-43900 level , price have to give respect to this level. Keep long until this level only. --------->>BANKNIFTY again showing bullish pressure at the end of the session, and broken the previous resistance @43500-43600 level , if this level which is previous Resistance if acts as support price is...
Observations: NIFTY Previously showing Strong bearish pressure at this level. NIFTY-- Price leaving a demand zone 18180 if this level acts as support, price reach again 18260 level. --------->> If failed to act as demand zone the same zone is acts as Supply again and price falls back to below 18180. --------->> Go short below for targets of 18060,17950 levels.
Nifty Observations: -------->> After opening gap down ,showing bullish pressure but not able to fill the gap on upside. -------->> Consolidation is observed . -------->> Go short if price breaks 18070 level, for targets of 18020,17980,17960. -------->> Expiry may limit the price movement in the range 18100-17960 levels.
Observations: ------->> After Opening Gap down --------->>BANKNIFTY again showing bullish pressure towards 43500, if 43360 level which is yesterday's Support if acts as resistance price is bearish again. --------->>Go short : If price breaks 43200 again, go short for targets of 43100,43050. we have a demand zone @ 43000 may again...
The ASIANPAINTS has been trending upwards, but now it is at previous resistance level @2900 now ,if it shows some bearish pressure this time will at least gives pullback, observed a demand zone at 2840 level. GO long here for target of untested Supply zone @2960
SUNPHARMA Observations: -----> Bears Exhaustion gap at support is observed. ------> Bulls taken the control again. ------->Trendline broken, retest is needed to be bullish again. -------->Expected to be bullish again. If breaks 955-940 zone below will go for selling. Further price action is to be observe before short.
ONGC--Observations: ---->> Price reached the strong Resistance at 165-167 zone. ------->>previous strong sell off happens here, after a long time it is testing Supply zone again. ------>> Strong fall and weakness in buyers is observed. -------->> Look for sell side opportunity or buy on breakout of this zone.