Britannia - Getting ready for All time highsBritannia is making a pole and flag pattern and it is on the verge of a breakout which could take it to new highs.
All information available on charts. Targets given....Stop loss as per your risk....
LongExponential Moving Average (EMA)
Long
SHORT TERM IDEA - ASHOKLEYLAND (RESISTANCE ACTING AS SUPPORT)Price Broke out of the resistance/supply zone and gave a pullback, the price has taken support at the confluence of the previous resistance zone (which is now acting as support/demand zone) and 20 day EMA, above 93.20 can go upto 98-100 and above that can go upto 110, SL below 86 on daily closing basis, Also keep an eye on the sales numbers to be declared for november.
Disclaimer : For learning purpose only.
Long
Bajaj Auto Kya Gadi ChalegiBajaj Auto is ready to get out of the Darvas Box. If this closes above 2990 then buy with Stop Loss of 2935 for Target of 3100++.
20 DEMA is going to Cross 50 DEMA which is a positive sign.
Long
CNXPHARMANIFTY PHARMA:- BUY on dip 11200/11500₹ & taking support EMA..
13000₹ (FOR LONG) TARGET
with sl (10800)
#Disclaimer:-I just shared view for only educational purpose.
Long
BANKNIFTY TRADE SETUP -BANKNIFTY MIGHT OPEN 200 IN THE PLUS
-INDEX YESTERDAY TESTED THE RESISTANCE OF 22300
-INDEX ALSO AGAIN TESTED THE SUPPORT OF 21960
-BIG MOVES ABOVE 22300 IN THE BANKNIFTY
-BANKNIFTY YESTERDAY REJECTED THE 100 EMA
-IF 22450 IS CROSSED ON COLSING BASIS WE ARE MOVING TOWARDS 23000-23800
-CRUCIAL SUPPORT PLACED AT 21960
-CRUCIAL RESISTANCE PLACED AT 22200-22300
BANKNIFTY RESISTANCE FOR THE DAY
22070-22200-22300
BANKNIFTY SUPPORT FOR THE DAY
21960-21630-21410
!!PLEASE NOTE THE ABOVE INFORMATI
NIFTY TRADE SETUP -SGX NIFTY IS SHOWING A GAP UP OF 45 POINTS
-THIS SHOWS A POSSIBLE OPEN ABOVE YESTERDAY HIGH
-BEST PART IS NIFTY HAS BROKEN ITS 200-EMA ON DAILY CHART AND MANAGED TO CLOSE ABOVE 10550
-AND IF THE MARKET SUSTAINS ABOVE THAT WE CAN SEE BIG MOVES ON NIFTY
-A " BUY ON DIPS" RECOMMENDATION
-CRUCIAL SUPPORT AT NOW AT 10550
-MARKET IS LOOKING TO REASON TO RALY EVERYTIME
-KEY THING TO WATCH OUT IS THE FOMRATION OF A NEW TRENDLINE ON 30-MIN CHART
-PREMIUM WAS IN DISCOUNT THE FUTURE INDEX HAS CAUGHT
Long
BANKNIFTY TRADE SETUP BANKNIFTY TRADE SETUP
-INDEX WILL OPEN LOWER
-BEARISH ENGULFING PATTERN VISIBLE ON THE CHART
-CRUCIAL SUPPORT PLACED AT 21200-21250
-INDEX CAN TEST ITS 20-50/EMA PLACED AT 20655-20750
-BANKNIFTY REVERSED JUST BEFORE TESTING ITS 100-EMA PLACED AT 22570
-PROFIT TAKING ON THE CARDS
-LOOKING FOR OPPORTUNITY TO "BUY ON DIPS"
-AGAIN TRADING THROUGH OPTIONS TO RIDE THE VOLATILITY
-BY THE SECOND HALF WILL START TO ACCUMULATE OPTIONS
BANKNIFTY RESISTANCE FOR THE DAY
21620-21470-21200
BANKNIFTY SU
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