papai_001

papai_001

Levels marked in chart.Target should be achived by this month.

papai_001

BANKNIFTY has been moving in parallel channel for past 2 months. Today's closing is at crucial support level which has been tested around 7 times in couple of months. Also low is at the bottom of channel. On the other hand, we have double bottom formation (7th & today) on the support level ( green line). BUY only if Today's high is broken & sustained for 15-30...

papai_001

For Past few days NIFTY is in consolidation pattern, on closely watching it is at an important level which has been tested in the past ( as support). BUY above 10850 for target of 11110 SELL below 10700 for target of 10470 Target should be achieved in 1 week. Better to go for monthly options.

papai_001 Updated 

Buy NIFTY for a target of 9500+ by Expiry

papai_001

Go Long for target of 1460. If Major support breaks, it can come down to 1350 as well.

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Go sort below 4970. Only buy if it crosses 5200 level

papai_001

On a daily chart, the key resistance lies at 457 level, which it couldn't break in the last two occasions. This time the level broke/near to resistance and volume is there. So go long if Sunpharma can sustain 465 in next few days.

papai_001

9300 major resistance for NIFTY.