Undoubtedly, perfect level to buy nifty @ 22951 no stoploss needed.
22951 & 47097(banknifty) happens to be .78 fib retracement level from 26 oct 2023 - may 2024.
Dont b scared to buy @ these levels including nifty & bank nifty heavyweights.
Reliance, LT, Indusindbank, TCS, HDFCbank, ICICIbank to name a few.
DIVISLAB fut broke out of faling wedge or parrellel channel on an hourly charts with decent OI build up.
Risk:Reward = 1:3
Not to be missed breakout.
Could be bought with mentioned stoploss & target.
ACC fut made & broke above flag pattern on an hourly charts with decent OI.
Not to b missed breakout.
Could be bought with mentioned stoploss & target.
DEEPAKNTR fut broke out of traingle pattern on DAILY charts with good OI & after very good consolidation.
Not to be missed breakout.
Could be bought for April expiry with mentioned stoploss & targets.
HDFCAMC FUT breaking past multiple patterns ( triangle, cup n handle) as well as nearing its resistance zone of 3800-3810.
Risk:Reward - 1:3
Could be bought with mentioned stoploss & targets.
not to b missed breakout
Axisbank fut made cup n handle pattern on an hourly chart with decrease in OI suggesting shortcovering.
Risk:Reward = 1:2
Could be bought with mentioned stoploss & target.
