Bank Nifty is in an Uptrend in a higher timeframe. It is retracing a bit and can move to create a double top, or a potential breakout from high. Retracements usually come from a strong support zone. Marked level is a very key level, and a potential upmove can be seen. Mark this on your charts. Thank you!
Powergrid is in accumulation between 175 to 225 since 2016, and I hope you know the power of Accumulation. The stock is sincerely following its Resistance trend line. Once the stock breaks the trend line, I assure you it can be a best pick for the decade. Also, Powergrid is a Nifty50 stock, with dividend! Example, watch reliance industries, it was in accumulation...
Please go through all the writings on the chart carefully and analyze it. Nifty has broken the trendline since June, and it can be good shorting opportunity for upcoming days. There are three strategies that can confirm the Shorting 1) Trendline Breakdown 2) Inside Candle 3) Next is 200 SMA Support, and has broken other important SMA Supports Trade Carefully.
SFL is showing good positive momentum on several time frames. Momentum will be continued after the high of today's candle (5th April 2021) is broken. You can buy once high is broken. Advice: Check for volumes when high is broken, this will reduce your risk! Trade fearless, but safe!
Expect 20% move in Ujjivan Small Finance Bank in few weeks! Watch the chart and take entries wisely. Plan your target. NSE:UJJIVANSFB
WATCH THE CHART AND UNDERSTAND IT BEFORE TRADING!
WATCH THESE TRADE: CAN BE A POWERFUL SHORTING OPPORTUNITY SELL @ 179 FIRST TARGET 170, SL 189 TARGET IN FEW DAYS
Watch levels and trade with your knowledge.
WATCH THIS TRIANGLE, TAKE YOUR DECISIONS FOR BREAK OUT OR BREAK DOWN!
ICICI BANK Has formed triangle pattern. Watch the levels marked on the graph. Trade with your knowledge for profits.
NOTE: TRADE ONLY WHEN YOU UNDERSTAND THE CONCEPTS. TRADE WITH KNOWLEDGE FOR GOOD PROFITS!
ONLY TRADE WHEN YOU UNDERSTAND THE CONCEPTS CLEARLY. PROFIT IS YOURS, SO IS LOSS!!