NIFTY Analysis for 28 Sep 2020

As discussed last time, “Well anticipated NIFTY opened below low of 23 Sep 2020 and all the downside targets achieved. Next level to watch out below low of 24 Sep (10790) is 10765. Bull need to protect 10755/10765 range to show some resistance to bears & move towards low of 23 Sep 2020 i.e 11025.

Harmonic Pattern Trading Bandhan Bank, HINDPETRO, SBILIFE

BANDHANBNK Buy above 257 for target of 259, 261 & 264Sell below 249 for target of 247, 244 & 242 HINDPETRO Buy above 176 for target of 177.5, 179 & 181Sell below 169 for target of 167.5, 166 & 164 SBILIFE Buy above 784 for target of 792, 799 & 806Sell below 778 for target

NIFTY Corrects below Gann date low

As discussed yesterday, “NIFTY has corrected till 11024 (low of 23 Sep 20) and closed at 11131, both are Gann levels. High made was 11259 above which 11290 was an important level which was not breached. So Bulls failed to gain upper hand and bears were able to push till 11025. Now 23 Sep being

NIFTY Forecast for 24 Sep 2020

As discussed on 18 Sep 2020, “NIFTY opened Gap down below 11555 and low made is 11498. Now as it came down from bearish referral point of 11555, bulls need to close above 11555 to gain back the strength and move towards 11610-11719. Bears need to break 11476 to continue on downtrend till 11422-11316. As

Darvas Box Trading – Indigo, Sunpharma & Tataconsum

INDIGO Buy above 1334 for target of 1342, 1350 & 1359Sell below 1315 for target of 1306, 1297 & 1288 SUNPHARMA Buy above 518 for target of 524, 529 & 534Sell below 507 for target of 501, 496 & 490 TATACONSUM Buy above 553 for target of 559, 564 & 569Sell below 541 for target

NIFTY Forecast for 18 Sep 2020

As discussed yesterday, “11590 done. Now bulls need to hold 11600-11611 to continue up-move towards 11664-11719. Bears will have upper hand below 11555 for move towards 11450-11423”NIFTY opened Gap down below 11555 and low made is 11498. Now as it came down from bearish referral point of 11555, bulls need to close above 11555 to

NIFTY Forecast for 17 Sep 2020

As discussed yesterday, “On the very next day (i.e. 09 Sep 2020) it was a gap-down & low made at 11185, first target was 11184. on the upper side above 11396 11503 done on 14 Sep 20 as the high made was 11568. If bulls were able protect 11490-11500 then NF shall move towards 11590-11660.

Intraday Stocks for 17 Sep 2020

NAUKRI Buy above 3556 for target of 3571, 3586 & 3599Sell below 3540 for target of 3526, 3511 & 3497 MUTHOOTFIN Buy above 1174 for target of 1182, 1191 & 1199Sell below 1165 for target of 1156, 1148 & 1140 BHARATFORGE Buy above 480 for target of 484, 488 & 492Sell below 474 for target

Intraday Stocks for 16 Sep 2020

TORNTPHARM Buy above 2850 for target of 2856, 2863 & 2869Sell below 2836 for target of 2829, 2822 & 2816 ITC Buy above 183 for target of 184.5, 186 & 188Sell below 180 for target of 178.5, 177 & 176 BERGEPAINT Buy above 589 for target of 595, 600 & 606Sell below 576 for target

NIFTY Forecast for 16 Sep 2020

Last time we discussed on 08 Sep 20. I was not able to write on blog for couple of days. We discussed on 08 Sep 20 “Today’s high & low will be important for next few trading sessions. Bulls need to move above 11396 to move towards 11449-11503. Bears need to move below 11290 to