SapnaNIjhawan

SapnaNIjhawan

Bullish on JUBILANT LIFESCIENCE likely to trade between 424-448, current level 409.5 Can make a high of 450 before reversal Elliots wave to be completed

SapnaNIjhawan Updated 

BankNifty Likely to reject 19950 to find support at 19470 and further down. If BankNifty enters the channel between 19950-21950, watch for the breakout. Side trading will be seen because of expiry.

SapnaNIjhawan Updated 

Taking Short position on SBICARD Target 517 SL 567 Forming head and shoulder and with the breakout, it seems bearish.

SapnaNIjhawan Updated 

Short Shriram Transport Target 690/685 SL 770 RR: 1:2.2

SapnaNIjhawan Updated 

Take long position on HCL tech 550 SL 500

SapnaNIjhawan Updated 

Go long on Infy, Target 690/697 SL 668

SapnaNIjhawan

May complete the corrective A-C making DJI at a low of 22945 Short DJI

SapnaNIjhawan

NIFTY50 7th may Nifty50 has a strong rejection line at 9320. If it rejects with a 15min red candle, its likely to find support at 9200 followed by 9135. If Nifty50 breaches 9320, then will trade in the channel of 9320-9390 to find a breakout. Likely to trade sideways because of expiry

SapnaNIjhawan

BankNifty breached the channel at 20480 making it bearish, Immediate Support is at 19050 followed by 18700. BankNifty will have a tough time breaking a strong channel at 20350, if it breaches the rally will continue to 21200/21970. IMO, the trade will continue sideways, making buyers/sellers trapped between 19050-19515. Max put options at 19000 Max call options...

SapnaNIjhawan

Crudeoil needs to break the channel at 28.43 and sustain above 29.3 to give a rally to 36$ which is the nearest resistance. Support is at 24.35, expecting a pullback if Crudeoil hurdles to cross the channel.

SapnaNIjhawan

Bullish T1- 21$ T2- 22.3$ Crude oil May Fut, may use this.

SapnaNIjhawan

Nifty50 has precedented a Bearish formation, Forming a rising wedge, elliots, RSI, quantitative, backtesting :p - all indicate a bearish leg. Its bearish below 9720, lower support 8890 Yet only stimulus may change the dynamics, hence watch out for level 9930... Follow support and resistance marked in the chart.

SapnaNIjhawan Updated 

Bullish on Nifty 9730 levels soon : Expect Nifty to trade sideway on 30th april between 9520-9600 because of expiry... Only if levels of 9650 is breached, Nifty will see high of 9730.

SapnaNIjhawan Updated 

Bullish on BankNifty Likely to trade between 21140- 21440, if levels of 21440 breached BankNifty can make a day high of 21840

SapnaNIjhawan Updated 

BankNifty is forming all bullish indicators, and the big W pattern confirms it to test the upper resitance at 21000 soon. Second Stimulus and RBI will take some extreme measure to make liquidity available to deal the current situation, However going as per technical, bullish signals are strong.

SapnaNIjhawan Updated 

Tata motors bullish in short term trend line. target 1: 78 if it breaches 78.5 Target 2: 82

SapnaNIjhawan

target 690, Sl 616, Buy above 630, to break the flag pattern

SapnaNIjhawan

reliance bullish, creating a bullish flag.