Vithal117

Vithal117

KOTAK looks bullish and if it can break 1250 tomorrow high chances of advancing to 1300.

Vithal117

In Daily time frame waiting for triangle break , However in hourly time frame it indicates rising wedge pattern and currently its at bottom so high chances of bullish and triangle break out.

Vithal117

More of bearish as it touched high in raising wedge pattern at 851, however if by 28thApr 779 level or by 30th Apr 798 level we can expect bullish in following sessions

Vithal117

if support at 330 fails on monday, next level are 315 and 294.

Vithal117

this can be wonderful if it bounce back at fib retracement level 0.786 from latest high, but last 3 days a clear down trend so time conflexion between weekly and daily charts fib 0 level 606 acts as support . fib levels follows as 606,624,636,645,654,667,684,700.

Vithal117

@502 high resistance from monthly chart and good chances of desecnding traingle pattern break out at same time if it can continue friday movement. if it happens next level are 532, 571.

Vithal117

its filling gap created on 11 to 13 th mar bw 800 and 830. waiting for triangle break out at 830

Vithal117

wait for traingle break out at 956 , it can raise upto next resistance 1004 level. then follows the resisntance drwan using pink lines. if it falls will take support from 900.

Vithal117

if it can survive around 1222 high chances of W bottom break out and 1300 level is possible

Vithal117 Updated 

BANK NIFTY , 15min chanrts showing Inverted head and shoulder formation witing for break around 19800, follows by good up move

Vithal117

#W bottom break out with good movement #will take resistance from 163 before it raise further

Vithal117

wait for Descending triangle break out on 60min charts , positivie news of fundraising will help this break out.

Vithal117

In BANKNIFTY hourly chart we have rising wedge pattern, if it stays above 20200 level by 13th Apr EOD can expect bullish week. If it falls tomorrow we can expect good monthly support at 19500 level and continuation we can expect bearish week and closing might be around 18000 level.

Vithal117

Nifty hourly chart has rising wedge pattern which indicates if NIFTY stays above 9200 level on 13th Apr,we can expect bullish week otherwise considering holiday on 14th Apr, we can see it around 8600 level by 17th Apr.