PVR and Inox showing same trend according to price action.
Next target might be 10400. As previous top and fib. showing that.
Weakness in BANKNIFTY. But great support at 19780. Play safe.
Good day , both bears and bulls made profit. And again widely range bounded Nifty possible.
Again some important levels for NIFTYBANK, let us see what happens.
Some decisive levels for Nifty , can move in these levels. Happy Trading!!!
Showing consolidation in Darvas Box , wait for breakout or pick it on 20/50 MA you will earn good amount of return. As I wrote AB=CD ?? , there is 60% possibility for that much amount of up move . We all know that it is a good pharma stock so it is possible. Leave that A,B,C,D if you just follow Darvas Box only you can earn good profit.
Nifty Seems to be range bound and took support on 20 ma, next week will tell us clearly. On weekly expiry bullish Marabuzu has been made , so yes bullish sentiments are still there. Volumes are greater on call writing side but not with large difference, let us see what happens. Happy Trading you all!!!
BUY for targets near 1570 or wait for breakout or breakdown.
As it took good support on trend line buy for target 490+ , Three white soldiers and MACD giving you clear shot buy signal.
Buy low and sell high simple, near breakout for hourly chart. Taking strong support on trendline . Don't miss this but wait for support and then buy. Can give breakout on daily chart in near month. Happy Trading!!!