pardeepv

pardeepv Updated 

- Nifty has defended the lower trend line of price channel existed since 2015 with a bang - It seems 11000 is the low set for 2019 and should not be broken - If same momentum continues then target for Apr is 12900 i.e upper trend line of price channel - Trend for Apr is UP till on daily basis it closes below 11300, till then shorts shouldn't be taken - New long...

pardeepv Updated 

- Bnifty has again penetrated into price channel which existed since Dec15 - Mar19 seems to be the best ever month for Bnifty - Trend is clearly up on all time frames with strong momentum, PSU banks should take the rally forward now - With same momentum target for Apr19 is 33500 i.e upper trend line of price channel - 29790 is very strong support on daily basis,...

pardeepv Updated 

- Since Oct18,Nifty is successfully defending the lower line of price channel existing since Nov2015 - Feb19 closed at verge of lower line of this price channel - Since Nov18, all monthly candles are forming inbody of Oct18 candles - This four months consolidation may not continue and we may see breakout in any direction in Mar19 - Bullish View: If 4hr candle...

pardeepv Updated 

- Since Oct18,Bnifty is closing inbody of Sep18 monthly big candle. - Feb19 monthly candle also closed inbody of Jan19 candle. Feb19 is a NR7 pattern. - Narrowing range suggest a consolidation and big breakout in Mar19 - View is bullish if 2HR candle closes above 27350 - View is Bearish if 2HR candle closes below 27630 - Get ready for Directional and Big Move in Mar19

pardeepv

30 min close below 1202, will open the lower side target of 1155. Short may be taken if low of "30min candle which closed below 1202" is broken on down side.

pardeepv Updated 

Nifty is facing resistance at 10850, can be sold at CMP 10800 with SL 10850 and Target 10700

pardeepv Updated 

bank nifty has decisively broken the price channel existed since oct 18, and is now facing resistance near its lower trend line. Its a positional sell now with SL 27250 and target 26700