smaller time frame trend reversal in nifty confirms the upward movement
Nifty short term analysis shows a upward movement. Due to its came out of the Ascending channel we can expect the move upto previous high. Expected Target level is 16230. Also we can see a resistance in that level.
As the price closes below the weekly support we can expect the price may go upto the next weekly support level 14350 Rs. Now price retesting. after getting a Resistance level candlestick at retest level , also a trend reversal pattern in lower time frame can go for short with strict stoploss. This analysis in higher time frame, so weekly option trade can be...
Symmetrical triangle pattern formed in coal india. After proper breakout can enter in long.
Head and shoulder pattern in Britannia tells us to sell the stock in derivatives.
I Just wanted to share my view with u all. As per my prediction, after a long time correction in Adani ports, price just breakdown. So expecting a great downfall ahead. Analysis shows price can go unto Rs.440 in long term view. This is the best time to enter in short with a first target of Rs. 645.