NAVIN FLUORINE broke 50 EMA just once after getting in uptrend during covid that too for a brief period of time. I am thinking a shake off might happen and it could give a chance for entry at these levels. SL as per risk appetite. TGT 2200, 2700, 3200
Garware Techincal: Long @ 1740-1750, tgt-2200. Vol looks really good at 1750 so it'll def take support here. SL closing below TL.
ITC, Enter 190-192, ITC is consolidating for a while now in the range although it tried to give BO but failed and faced res at 200 MA. so either side BO could give good momentum. I would suggest add small qty at current level and add more at 175-180. Also in case of up move add more qty above 200 MA.
IRCTC has continuously made HL and finally taken support at 1320-1330. For it to break 1500 now it has to make a HL above 1414 where it faced resistance. if it take support and consolidate for some time there then 1500 can be broken easily. You can buy small qty at 1320-1330 level and accumulate more at lower levels.
IGL taking good support at 395. Buy on breakout, can give good returns in few days.
Short term TP: 393 Mid Term TP: 465
indusind made a strong bullpack from friday low, It's a positional trade. Keep TSL. Broke 50 Days EMA with increasing vol. Closed above it 2 times, Next time it's gonna fly. TP 830-840
So as you can see Nifty is moving up in a band and the correction was due to shed off some weight. To keep it simple if you are a long term investor, no need to worry, Nifty will take support at 9500-9600 levels. However closing Below 9500 will be worrisome. For swing short TP would be 9500-9600. Thanks.
BOB is at 2009 lows and is in a strong demand zone. Buy on every dip or else you can wait for the right moment to enter, just keep and eye on it.
Wait for 15 min candle closing above 17405. TP1: 17800, TP2: 18200. Analysis: Last hourly candle is marubozu and Bank Nifty is at a very good support level Overall Bank Nifty is at a very good support level. Day Closing above 17800 will be a good sign of trend reversal. And if this support is broken then next support is at 16600 and 16100.
ICICI Bank is continuously falling in a pattern. It has good support at 297 level. If this level is broken with closing below confirmation then we can initiate a short position. TP1: 293 TP2: 291 TP3: 288 If you like this idea then please follow and give a like. Thanks.
This is an intraday setup. Go long above 9170 closing. TP 9230. Please like and subscribe if you like the idea. Thanks.
If nifty breaks 9000 mark then there is a high probability that it will come down to 8700. It will take support here and will be in consolidation phase for some time. If you like the idea then please like and subscribe.
NIIT is in demand zone. However Wait for the trend to reverse. There is a small resistance @ 1374 so keep that in back of your mind. It's a swing trade so I do not recommend these levels for intraday. If you like the idea then please follow and give a like to motivate me. Thanks.