Positional view Prestige Estates Projects
Niittech has pennant breakout and its a very strong bullish continuation pattern over 70% winning rate... RSI and MACD is positive hence 2100+ can be seen in coming days. Targets on chart...
Long and reversal zones shown with targets.... If price breaks above and gives long, buy 730CE for and exit when cash price touches around 743... Else buy 730 PE if price reverses and exit when it touches around 716.
Spot: Radico Khaitan looks good for positional trade, SL 362 Target 374, 384
Flag pattern on weekly chart.. ETH looks very bullish
Relaince broke previous high with volume and retraced at 0.382... Now wiiling to make new high... 2095 is the PRZ of AB=CD on Monthly chart so be cautious at 2095 . If it breaches 2100 then 2280 will next target... RSI and MACD both are positive and bullish which confirms upward move is still pending...
Jindalsteel made flag also given breakout ... Looks bullish only RSI trendline is resistance which need to be broken for targets,
GBPAUD Buy opportunity, positional trade so to be held for months, set low lot size, use risk management ⚠️
Infy still looking bullish and willing to cross 1k...
Long above current 4 hr candle or short below ....tgt levels shown
Long ITC if current high break or rejection of trend line
M&M has a good long setup. Made flag and gave breakout. Now wait for targets.
Nifty today gave gap up opening, which was a bit of a surprise for us shorters but it has now washed away all the gains of the today, it is even filling the opening gap, this is indicative of the bearish momentum in the market picking up. It might be little early to speculate, but I'm starting to see the possibility of this being last bull leg in positional as...