Nifty pole and flag breakout on weekly chart will take nifty towards 22500. SL below 19250 on positional Basis. Best Way to trade is Monthly or Weekly Call Spread. RSI on Monthly, Weekly as Well as on Daily Above 60. Correct will come in between but Buy once RSI on Daily near 60.
Very Beautiful Accumulation pattern visible on Wipro chart. Also rounding bottom pattern. Buy @433 add Above 445 SL weekly close below 397 T1-445 T2-552 T3-608
NIFTY FUTURE LEVEL FOR TOMORROW Important Intraday Support:-17685/17640/17581/17551/17507/17426 Important Intraday Resistance:-17721/17747/17772/17803 Import Observations:- INSIDE BAR CANDLE ON DAILY CHART Heavy Call Writting on 17700 AND PUT Unwinding ON 17700 ,Still MAX PUT Writting at 17700. BIAS IS SIDEWAYS-SHORT WITH LIMITED UPSIDE SIDE
IF NIFTY Will cross point B then prbbability to reach to point D. Chart is weekly so it will take few week to month.
BUY ABOVE 122 CLOSING ADD ABOVE 125 SL--108 ON CLOSING BASIS T1-137 T2-160
Pole and flag formation.Wait for Break out confirmation.
GPPL Date Average Price Total Traded Quantity Turnover No. of Trades Deliverable Qty % Dly Qt to Traded Qty 14-May-21 95.28 1073232 102253367.9 24373 735609 68.54 17-May-21 97.3 ...