NemoZenn

NemoZenn

As expected Nifty fell from the neckline of the h&s pattern formed on the daily chart. Took 18500 Pe @75 and booked at 300+. Nifty can touch 1790p levels in coming days. White lines are the pivot zone. Upside tgts are the green lines. Downside tgts are the red lines.

NemoZenn

Banknifty opened at the lower trendline of the channel (yellow line) . Couldn't sustain and started falling and achieved the tgt of 42500. 42800 PE was suggested at 75 and booked around 450+. Important level for tomorrow. White lines are the pivot zone. Upside tgts are the green lines and downside tgts are the red lines.

NemoZenn

Yesterday the entire day Banknifty traded in a range and formed Darvas box. Any breakout or breakdown of this box is expected to give a movement of approx 164 points I.e., the height of the box. Have a profitable day !

NemoZenn

Indusind can hit a new high. Green lines are the targets as of now.