Saurabh_setup
Vedanta for buying immediate resistance is 309 Buy above 309 for cash Target 314
As seen in the chart nifty support and resistance is plotted For going long position in buy it need to move above 18250
This trend i have given for new traders so that they can identify movement of the stock . now for this on 1D chart it was in downtrend but when you go for 15min chart for trading it was bullish . so your pattern will allow you how we decide our trading or investment. Currently Resistance = 797 if buy = 795 is there then target will be 800++ *** For any Learning Ping me
I have predicted the movement of Baroda for short term delivery This is based on the Elliot wave theory
Basic Analysis of Sunpharma As per the resistance and support new traders can start trading in cash. Trend is upward as we can see on the chart and moreover if want we can also use Moving Average also for overall stock trend
As per the chart analysis i have given support and resistance of the index. Now we see above trend that shows downward movement as exactly pull back was given and again index started travelling into positive direction. Technically market will move up.
As per the Analysis for the intraday Trading and holding hr position on the Nifty should cross 17580 level to considered as bullish on the nest trading session. For option traders its better to hold positions if taken until Nifty crosses this level and have strict SL of 17450 if goes below this then it will take time to recover and at this time we also need to see...
As per the chart pattern analysis till now nifty is above 50 MA indication of bullish market. there is important level of 17400 that nifty should beat and start trading above that in next session until then there no clear idea of movement of in breakout direction . NSE:NIFTY
As predicted in the previous chart Nifty should sustain above 17500 . Now Nifty important Resistance is 17590 at this time traders can hold short positions until Nifty crosses this level.
Important level for banknifty for intraday trading