BK of India is very crucial level if stock break the pattern and close the candle with good strength.
We will see a good price movement in upcoming Days [/
Always do your own Analysis first
BUY ABOVE - 39600
SL - 39530
TARGETS - 39760,39850,40050
SELL BELOW - 39520
SL - 39600
TARGETS - 39280,39100,38940
Trade Safe & Happy Trading Guys
This is only for educational purpose so TAKE YOUR OWN RISK REWARD
TCS has formed an inverted head and shoulder pattern and has also broken the horizontal resistance. we can expect a good upside momentum and it can be taken as positional equity
low risk strategies such a bull put spread can also be explored
Note: this is for educational purpose only
Assuming Nifty Financial Services (FINNIFTY) opens between 17700 and 17600
Long Position
If there is a closing above 17710. We will be initiating a long position for targets of 17770 and trail for target of 17880
Short Position
If there is a closing below 17600. We will be initiating a short position for targets of 17552 and trail for target of 17432
These are...
Buy Above - 39570
SL - 39390
Targets - 39760,39850,40050,40200
Sell Below - 39350
SL - 39570
Targets - 39130,38940,38770,38610
Trade Safe & Happy Trading Guys
This is only for educational purpose so TAKE YOUR OWN RISK REWARD
REVERSE CUP & HANDLE PATTERN
Buy Above - 17000
SL - 16950
Targets - 17100,17210,17320
Sell Below - 16950
SL - 17020
Targets - 16850,16790,16700
Trade Safe & Happy Trading Guys
This is only for educational purpose so TAKE YOUR OWN RISK REWARD
TREND LINE BREAK
Buy Above - 39570
SL - 39390
Targets - 39760,39850,40050,40200
Sell Below - 39350
SL - 39570
Targets - 39130,38940,38770,38610
Trade Safe & Happy Trading Guys
This is only for educational purpose so TAKE YOUR OWN RISK REWARD
Buy Above - 17020
SL - 16950
Targets - 17100,17210,17320,17370
Sell Below - 16950
SL - 17020
Targets - 16850,16790,16700
Trade Safe & Happy Trading Guys
This is only for educational purpose so TAKE YOUR OWN RISK REWARD
Some interesting observations
1. In Weekly time frame, If we draw GANN Resistance Fan taking low of 16 March 2020 and place 0.618 line on highest price . You see almost perfect price alignment on Gann fan lines
2. Daily bullish divergence on RSI & MFI. Retest of 5900 is possible, followed by rebound to test 6000 - 6150 Rs. This could be speculative PA and not...
BUY - 39650
SL - 39550
TARGETS - 39850,40050,40206
SELL - 39550
SL - 39650
TARGETS - 39390,39130,38940
Trade Safe & Happy Trading Guys
This is only for educational purpose so TAKE YOUR OWN RISK REWARD
Buy Above - 17130
SL - 17060
Targets - 17210,17320,17370
Sell Below - 17060
SL - 17100
Targets - 16950,16850,16790
Trade Safe & Happy Trading Guys
This is only for educational purpose so TAKE YOUR OWN RISK REWARD
Buy Above - 40080
SL - 39950
Targets - 40340,40600,40690
Sell Below - 39850
SL - 39950
Targets - 39700,39580,39390
Trade Safe & Happy Trading Guys
This is only for educational purpose so TAKE YOUR OWN RISK REWARD
Buy Above - 17170
SL - 17110
Targets - 17220,17320,17370
Sell Below - 17110
SL - 17170
Targets - 17060,16950,16850
Trade Safe & Happy Trading Guys
This is only for educational purpose so TAKE YOUR OWN RISK REWARD
Buy Above - 39970
SL - 39860
Targets - 40080,40340,40600
Sell Below - 39700
SL - 39770
Targets - 39580,39390,39130
Trade Safe & Happy Trading Guys
This is only for educational purpose so TAKE YOUR OWN RISK REWARD
Buy Above - 17130
SL - 17090
Targets - 17220,17320,17370
Sell Below - 17060
SL - 17090
Targets - 17020,16950,16850
Trade Safe & Happy Trading Guys
This is only for educational purpose so TAKE YOUR OWN RISK REWARD
