Nifty Expiry Range for April Series

Nifty Hourly Chart Nifty Hourly Charts are showing selling near the falling trendline and now breakout has come on a close above 5905.On Hourly chart Nifty is SELL till it does not close above 5853 levels.As Nifty is Still trading above 5833 which is close of Last Expiry it is positive for BULLS. This Expiry … Read more Nifty Expiry Range for April Series

ICICI Bank and Larsen Tubro Views

ICICI BANK ICICI Bank is stuck in the range of 1076-1128 which is a reason why Bank Nifty is stuck in the range 11450-11950.   ICICI bank should be traded once it moves above this range of 1128 Buy above 1128 Tgt 1140,1158   Larsen Tubro LT is facing resistance around its 100 DMA@1722 and … Read more ICICI Bank and Larsen Tubro Views

Technical Call:Infosys,Bank Nifty and Jet Airways

Jet Airways Jet Airways is forming Higher Low and facing resistance around upper trendline @498 as shown in daily charts. Volumes have been muted for past 2 trading sessions. Once Stock starts trading above 498 it can easily go till 520 levels. Buy above 498 Tgt 500 and 507,514 and 520 Sell Below 497 Tgt … Read more Technical Call:Infosys,Bank Nifty and Jet Airways

Nifty Technical Levels For Expiry Week

Nifty Hourly Charts Nifty Hourly Charts are trading in a Range of 5944 0n Higher end of trading range and 5700 on lower end of trading range.We have been trading in this range for almost whole April Month. After a Big Bang rally in March which took everyone by surprise we are now consolidating the … Read more Nifty Technical Levels For Expiry Week

Hindalco and Jindal Saw Technical Views

Hindalco Industries Hindalco Industries forming rising base and moving into resistance zone 217-219 range .Stock closed above 5 EMA High which signifies the upward momentum today. MACD is moved into buying zone and Stochastic has moved into buy zone which make case of buying for short term   Buy above 215.3 Tgt 217.8 and 220 … Read more Hindalco and Jindal Saw Technical Views

Breakout Trades:ZEE Limited and Pipavav

PIPAVAV Shipyard Pipavav Shipyard has been trading in a range from past many trading seesions as shown in below charts. Stock has technically broke out of the range as per Breakout Trading System and secondly closed above its 200 DMA @88.8 on huge volumes which is again a Bullish instance for the stock. Buy above … Read more Breakout Trades:ZEE Limited and Pipavav

Nifty Weekly Technical Levels

Nifty Hourly Chart Nifty Hourly chart are in oversold zone with the correction which was witnesses in last 2 trading sessions. On Hourly we are moving in  a trendline channel with upper range of 5944 and lower range 5650 in immediate short term. RSI and SLow Stochastic are in Oversold zone but I keep on … Read more Nifty Weekly Technical Levels

Nifty and Bank Nifty Technical Levels for 15 April

Nifty Hourly Charts Nifty showed a tremendous move on Wednesday after 5 days of downfall and Nifty Hourly Charts moved back to buy as per the trading system and also moving into a vertical channel. As said in Nifty Weekly Analysis 5777  on closing basis should be SL for longs. Always give prefrence to Higher … Read more Nifty and Bank Nifty Technical Levels for 15 April

Technical Calls:JP Associate and Larsen

Jai Prakash Associate Traders favorite staged a nice rally from low of Rs 70 to high Rs 98  from the oversold zone.As seen from Daily charts stock is on a crucial levels now at its support of Rs 91.4 If 91.4 gets broken than stock can move till low of channel as shown in chart. … Read more Technical Calls:JP Associate and Larsen