Bank Nifty Strategy 21st Oct 40070 above going long for 40149 40252 40429 40559 40685; 40025 below going short for 39892 39763 39446 39295.
Nifty 50 Strategy for 21 Oct 17575 above going long 17600 17700 17766; 17560 below going short 17430 17379 17322.
*DEEPAK NITRITE* Time Frame: Daily Observation: * Parallel Channel Breakout * Mean (EMA) Diversion on Daily time Frame * Swing High Break Resistance/Target: 2433 2683 2925 3088 Support: 2134 1975; Dynamic Support of 200 EMA
*AXIS Bank* Time Frame: Daily Observation: * Swing High Break * Base Formation At 721 742 * Mean (EMA) Diversion on Daily Time Frame Resistance/Target: 909 1025 1141 1214 Support 772 720
Bank Nifty Strategy for 20th Oct 40280 above going long for 40429 40556 40685 40889; 40200 below going short for 40139 39974 39892 39163 39446.
Nifty 50 Strategy for 20th Oct 17515 above going long for 17568 17593 17619 17659; 17500 below going short for 17485 17438 17401 17379.
*IRCTC* Time Frame: Daily Observation: * Supply Zone Breakout * Swing High Break * Mean (EMA) Diversion Resistance/Target: 814 908 1001 1062 Support: 688, Dynamic Support at 200 EMA
*JINDAL STEEL & PWR* Time Frame: Daily Observation: * Cup and Handle Pattern Formation Breakout * Swing High Break * Mean (EMA) Diversion Resistance/Target: 468 504 549 Support: 417 405
*SUNDARAM FINANCE* Time Frame: Daily Observation: * Swing High Break * Trendline Resistance Break * Mean (EMA) Diversion Resistance/Target: 2528 2729 2868 Support: 2125 1981
*Triveni Engineering* Time Frame: Daily Observation: * Level Breakout * Mean (EMA) Diversion on daily time frame Resistance/Target: 300 331 359 404 430 Support: 254 240
Bank Nifty Strategy for 19 Oct 40430 above going long for 40685 40889; 40385 below going short for 40252 39892.
Nifty 50 Strategy for 19 Oct 17520 above going long for 17540 17593 17695 17766; 17495 below going short for 17440 17379 17322 17256.
*BHARAT HEAVY ELECT* Time Frame: Daily Observation: * Trend Line Breakout * Supply zone Breakout Resistance/Target: 74 83 92 97 Support: 59 54
*KARUR VYSYA BANK* Time Frame: Daily Observation: * Parallel Channel Breakout * Swing High Break Resistance/Target: 103 116 126 136 Support: 76 69
*RHI MAGNESITA INDIA LTD* Time Frame: Daily Observation: * Life Time High Break * Breakout on Supply Level. Resistance/Target: 765 840 916 965 Support: 641 566
*GODFREY PHILLIPS* Time Frame: Daily Observation: * Trend Line Resistance Break * Rebound From Demand Zone (1122 - 1175) Resistance/Target: 1487 1711 1940 2080 Support 1275 1122
*IRB Infra* Time Frame: Daily Observation: * Parallel Channel Breakout * Swing High Tested * Rebound from Demand zone (203 210) Resistance/Target: 270 302 345 Support: 206 182
Bank Nifty Strategy for 18th Oct 39930 above going long for 40040 40429; 39870 below going short for 39763 39446 39295