ICICIPRULI has is about to breakout. Trendline are shown on the CHART. you can proceed with buying once stock crosses the price 568. Reason: Breakout is about to happen Volume is > Avg(20) RSI is showing Inresssing trend. Verdict : Bullish, Breakout is about to happen. Plan of Action: Buy price: 568 Stoploss: 546 Target : 670
CDSL has given the breakout you can buy it. it's forming CUP and Handle Pattern. once can buy it as swing trade Reason : Successful breakout of the zone. RSI > 50 Bullish Zone Incressing momuntum. Very nice Volume in the stock for today. Good consolidition of more than 1 year. Price > VWAP that shows the bullishness. Verdict : Breakout successful,...
As we have been discussing Nifty Analysis posts NIFTY continious to it's bullish trend. Yesterday also it gave a nice bull move as we discussed in our last expiry analysis. Market is Strong Bullish in this week. data indicate the bullish move is not yet ended. As market Strong resistance has already broken. So, It should act as a nice support here onwards. Our...
As we have been discussing Nifty Analysis posts NIFTY continious to it's bullish trend. Yesterday also it consolidated nicely and in last hour bulls came with the huge volume and took the market up and closed Higher. As market Strong rresistance has already broken. So, It should act as a nice support here onwards. our view will be Bullish only for today. Reason...
NIFTY Has given the breakout as we have discussed it earlier only. yesterday we said it will take a minar pull back to downside and just after that market bounced back from the pull. It shows the bulls are in power. Traders are targeting buying low Points. As we can see on charts Nifty has crossed all hurdles of resistance. Now it might give a nice bull rally. ...
Now nifty will give a little momentum to downside. overall trand still bullish. A quick pull to downside can be seen in today. as RSI is also showing weakness in structure. Plan of action: Sell 19650 CE (safe) and Sell 19500 PE
Stock has consolidated vey nicely. if we check price action line it's being respected quite well. now if stock breaks 95 to the upside it will break the trendline and has a capablity to go higher with nice Risk and Reward Ratio. RSI is crossing 60 to upside means a nice strength. Also yesterday is had a very nice Volume. So Expected to go higher. Entry 95.05 ||...
As we have discussed in last post. all the people who has made the possition they can book their profits here. here Nifty will find a resistance. Reason: RSI Diversion | strong resistance ZONE It might take some pull back here.
NIFTY is above the resistance zone now that would provide it a nice support. because market open up and covered the GAP, NIfty will be restricted to 19450 to 19560 range. but overall market is Bullish you can hold your Long positions or can create new from this point. Right now you can sell 19450 PE wait for the momentum and add CE once you get momentum.