Nifty :: Once again an insider red bar with high volume.. Nifty made a Hangman at top with bearish incomplete dark cloud cover pattern.. For completion of this bearish pattern watch strong support or breakdown level 5050.. For 25th Nov. watch two levels above 5113 momentum seems up, below 5050 momentum turn down.. Our strategy up to 5113 sell at high (S.L 5113) buy in deep (S.L 5050).. Above 5113 change strategy as buy in deep (S.L 5050) Sell at high (S.L 5150).. Resistance for up move at 5113/5135/5150 /5172/5209.. Supports at 5064/5050/5020/4994..
AMTEK AUTO OUT OF CORRECTION - TARGET 65
Amtek Auto made a smart move today to confirm that it is now out from corrective phase. The next targets are 66 and 75.
BAJAJ HOLDING BREAKOUT - TARGET 590
Today this stock broke-out from falling bear resistance line quite emphatically with good volumes indicating its bullish intentions. It should now target 590 in little over short term and 690 in medium term.
MOTHERSUMI - Two close above 152, Target 246 & 470
Nifty PreMarket View
A most likely a range trading day within the Resistances & Supports & Pivots mentioned.
Trade those points for the day.
Asia is muted & coming off their highs as of now.
Below 5053, >5045 & 5025.
Above 5115, > 5125 & 5145.
Trade those points for the day.
Asia is muted & coming off their highs as of now.
Below 5053, >5045 & 5025.
Above 5115, > 5125 & 5145.
No comments:
Post a Comment