


rounakgupta274
Nifty is now in a now trading zone. After making a double top we can go for a short position up to 200 ema. If it give a break out upside 18890 we can go for a long position for 19000.
Bank nifty is running in a channel . Continuously it is taking support from from 50 EMA .We can go for a long position for our 1st target 43518 after that 43850.
Continue for 2 days market is volatile. Today it close with a HANGING MAN in a Daily T.F . If tomorrow it breaks today high we can see a upside move. Targets will be small only because the market is in all time high . 42350 to 42520 will be the no trading zone.
42240 to 42615 is a no trading zone. In any breakout we can go for a position for the small small targets .
This are the important levels which are from daily and 1hr time frame . 18320 to 18210 is no trading zone . Where ever will be the breakout we can go for the small target in daily basic.
we can go with the small targets for the safe side.
it shows a downside diversion in RSI . But tomorrow it depends on the global market .