Even though the market has today broken the resistance in 15 min time frame and performed very well but still we need to take things with pinch of salt.AS market may form reverse head and shoulder patterns and also move toward fib level (0.50).
but if this pattern does not form then there are heavy chances that the market may become ready for higher-level (i.e...
Chamblfert has given enormous returns over the period of time but looks bearish over the short period. The stock have given the breakout a few days ago, but could not sustain the breakout. Chambal fertilizer has broken a supporting trend line and the budget brings a negative impact on the fertilizer industry.
If the stock closes down below the trend line, we can...
Nifty was heading toward a congestion zone from 18300-18500. It had started to create 18350 as major resistance. Need to see if it sustain below the trend line on DAILY BASIS...
When we looked at previous charts, nifty was being held tightly, last few candles showed shallow candles. Now in charts supports have been made, keeping in mind there are few gaps left in...
Market showing some reversal sign on the chart, after blood bath on Monday. Nifty moved steeply on the upside from 16400 to 17100.
We are hoping the market may move after making "W" on the chart(view for the week)
we have provided different analyses on where the market may move due to gap up or gap down
PAYTM can be worth adding to the trading portfolio. can give a big move. if crosses an all-time high can see a big target. the market has made a u-turn , stock-specific action can be seen.
buy Paytm only on the retest.
the latent view has finally given a breakout .start accumulating share in small qty till it gives conform till give confirmation by volume.
if it crosses its all-time high .then the new target will be 20% from its high...
important level of support and resistance.
analysist view --
We are inching to get past the 14450 levels this morning. The Nifty has opened with a gap and if this sustains, we will climb higher to 17550 and 17750 as the next target levels. 17250 is a strong base for the markets and any dip or intra day correction can be utilized to buy for higher targets
by...
Nifty is trading in a very small range. above it has a strong resistance on which it has face multiple resistance .below is demand range which is making its new lows.
we can see good interest by the buyer from today low .
intraday is neutral here
if it break supply zone by volume can see big target , if support by global market.
My view over nifty for very short span but there is strong trend line that is supporting nifty . see over different time frame to know properly.
let see how market react....
