Consolidating in narrow range be cautious on long
NSE:DELTACORP Good setup on delta corp, weekly time frame buy till 85 with strict SL of 75 target 138-150 Disclaimer: I am not a SEBI registered person, all the views are for study purpose.
Positional view Prestige Estates Projects
SunPharma on the verge of breakout just waiting for volume
Banknifty making small range in a big range if sustain small range support then above breakout may trigger.
*Note: Yellow Lines: Weekly Support zone 680 to 647 (Max, should not go that much, consider 690 only for now) Pink Line: Recently acting as support turned into resistance (2 Hrs time frame) Recently 707 acting as a support breakout of 707 may lead to 697 > 689 > 680 (Strong support) **Upward trendline broken on weekly basis.
IMP Fibonacci levels on the weekly time frame. With Pivot points Respecting 20 EMA for now. Long: must close above last week close (with good volume) / above last week high. Short: Breaking 20 EMA and last week low may touch 509 further weakness may lead to 447 strong support. May retrace from 530 in near term > Breaking of the trendline on candlestick activate short