“BULL OR BEAR – NIFTY”

Today was an excellent day for “Bears”. No chance given to bulls to fight back !! As anticipated, Nifty fallen from the high of 10124 levels after giving gap down opening and took support at 9950 levels which was a fall of almost 157 points, Changing short term trend to negative. let’s see after today’s … Continue reading ““BULL OR BEAR – NIFTY””

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INDIGO – HEAD & SHOULDER PATTERN

There is a Trade setup in Indigo “Interglobe Aviation”. Price has made a Head & Shoulder Pattern on Daily Charts. Major support is at 1155-1160 zone. If Breaks with heavy volumes, then it can retest 980-1000 levels. Current Setup – Sell below 1178 for Target 1160-1155..!! Happy Trading Chart are below for your reference.. !! … Continue reading “INDIGO – HEAD & SHOULDER PATTERN”

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TRADE SETUP – KOTAK MAHINDRA BANK

There is a Trade Setup in Kotak Mahindra Bank to go Short. Price has made a double top Pattern with RSI (14) Negative diversion. Price action has also confirmed the same. Sell below 1002 for Possible Targets of 980-960. Charts are attached below for your reference. LEARNING – Double TOP Pattern / Negative Diversion / … Continue reading “TRADE SETUP – KOTAK MAHINDRA BANK”

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TRADE POSSIBILITY – ” YES BANK “

“TRADE POSSIBILITY – YES BANK” There is a trade opportunity with Yes Bank. After reaching all time high of 1861.. Price has retraced to a low of 1686. Pull back happened and price manage to reach 1819 levels to 76.4 levels of fib retracement. Price action at imp fib retracement level indicates some further downside. … Continue reading “TRADE POSSIBILITY – ” YES BANK “”

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