Wednesday, September 4, 2019

Nifty and Banknifty trading strategy 4th sep



Nifty short term trading bear trade. Nifty resistant 11135. Nifty future short term level 10825 - 11135.
Nifty future intraday short term bear. Nifty future intrady level 10810 - 10925. Trading below 10810 bear, sell on rise resistant 10925.

Banknifty future short term level 27000 - 28160, short term bear resistant 28160, sell on rise.
Banknifty future intraday level 26800 -27100. Trading below 26800 bear resistant 26800, sell on rise.

Tuesday, September 3, 2019

Nifty and Banknifty trading strategy 3rd Sep 2019



Nifty future short term bullish trand support 10820. Nifty future friday close on higher level. Nifty future short term level 10820 _11135. 

Nifty future intraday also bullish trend. Nifty future intrady level 10890 -11052. Trading on 11052 bullish support 10890.

Banknnifty future short term bear trand resistant 28160.Banknifty future short term level 27040 - 28160.

Banknifty intraday trend bullish support 27150. Banknifty future intraday level 27150 -27590. Trading on 27590 bullish.


Sunday, September 1, 2019

Nifty future positional Performers August future 2019

System Trading :

Hi welcome to Nifty 3 trading system.Many of them Not aware what is system trading.It as an art, Its mechanical way of Trading.

Its a system which gives a small loss and Run the profit.Keep small loss and Big profit.No big Investment for nifty future one lot.

I Will Explain with the Performance.


Nifty future positional Performers August future 2019


U can notice In May expiry gain 530 point. Here you see 17 trade 9 trade profit and 8 trade loss. But we ended made 530 point. Bcz losses is small and profit is big.



Friday, August 30, 2019

Nifty and Banknifty future trading strategy 30th Aug



Nifty ftuture short term positive. Nifty future short term level 10825 -11132. Nifty fture trading on 11132 bullisdh , buy on deep.

Niftyfuture intrday also positive trend. Nifty future intraday level 10950 - 11005. Niftyfuture intraday buy on deep support 10950.

Banknifty future short term negative. Banknifty future resistant  28180. Banknifty future short term level 27020 - 28180.

Banknifty future intraday position hold support 27300, If Banknifty futture friday trading on 27600 on morning at 10 o' clock bullish trand.

Thursday, August 29, 2019

Nifty and Banknifty trading strategy 29th Aug 2019




Nifty future short term trading bullish trand. Nifty future trading short term level 10780 - 11090.Nifty future if cross 11135 will more fire work.

Nifty future intraday trading bear trend. Nifty future intrday trading level 10980- 11060. If Niftyfuture trading on 11060 bullish support 10980.

Banknifty future continue trading bear trend. Banknifty future short term level 26950 - 28100. Banknifty future resistant 28100.


Banknifty future intrday also bear trend. BankNifty future intraday level 27620 - 27910. Trading below 27600 bear, trading on 27910 bullish.




Wednesday, August 28, 2019

Nifty and Banknifty future trading strategy 28th Aug 2019

Nifty future short term trading bullish trend .Nifty future short term level 10786 - 11095. Nifty future trading strategy buy on deep support 10780.

Nifty futue intraday trading level 11062 -11106. Nifty future trading below 11062 bear trading on 11106 bullish.


Banknifty futue short term hurdal 28300. Bank nifty future short term level 26950 - 28280. Banknifty intraday trading bullish trand, Banknifty future intraday level 27935 - 28120. Trading on 28120 bullish , support 27935.



Tuesday, August 27, 2019

Nifty and Bank nifty trading strategy 27th AUG 2019

Nifty and Banknfty future intraday and positional, short term trading strategy..


Intraday and positional strategy, Nifty future trade buy side so buy on deep sl 10819, and bank nifty future sl 27000, buy on deep.

    

Nifty and Banknifty short term position. 


Nifty and Banknifty short term position.

Monday, August 26, 2019

Nifty and Banknifty future trading strategy 26th Aug 2019



Nifty future Friday closing high level at 10842 ,low 10646 and high 10879. Nifty future positive on FPI surcharge news.Nifty future short term resistant 11085 and support 10785, if break this rang outperform nifty future. Nifty future short term level 10785 - 11085.

Nifty future intraday trading on 10785 bullish close on 10842. Nifty future intraday level 10690 - 10842. Nifty future trading on 10842 bullish , trading below 10690 bear.

Banknifty future short term level 26960 - 28280. banknifty future resistant 27775, if trading on this level bullish trend.

banknifty future intraday level 26775 - 27110. Banknifty future trading on 27110 bullish support 26775. trading below 26775 bear.


Sunday, August 25, 2019

Nifty 3 trading strategy review 23rd AUG 2019


Nifty 3 trading strategy review 23 Aug 2019. 

Nifty future A strategy sell at 10679 sl hit 10708 , loss 30 point.
Nifty future B strategy sell at 10692 Profit booking at 10651 profit point 41.
Nifty future C not active.

Nifty A strategy A gain end of 23 Aug 548 point, Nifty B strategy gain 224 point and Nifty C gain 739 point. Nifty 3 trading strategy average point gain 503 point.


Friday, August 23, 2019

Nifty and Banknifty future trading strategy 23rd Aug 2018




Nifty future yesterday panic level touch at 10708 low and Nifty future high 10917.85,close at lower level 10732.Nifty future continue trading  bear level. Nifty future short term level 10785 - 11081. Nifty future trading below 10785 bear, sell on rise resistant 11081.

Nifty future intraday level 10732 -10840. Nifty future trading below 10732 bear , trading on 10840  bullish.

Banknifty future trading continue bear level below 27245. Banknifty future short term level 27245 - 28275. Banknifty future trading strategy sell on rise.

BankNifty future intraday level 27035 -270620. BankNifty future trading below 27035 bear , trading on 27620 bullish.



Thursday, August 22, 2019

Nifty and Banknifty future trading strategy for 22 Aug 2019



Nifty future short term trading bear,Nifty future trading below 10990 bear. Nifty future short trading below 10958 bear for day , sell on rise resistant 11130.Nifty future short term level 10950 - 11130. 

Nifty future intraday trading below 10921 bear resistant 11030, sell on rise. Nifty future intraday level 10921 - 11030.

Banknifty future short term trading continue bear. Banknifty future sell on rise  resistant 28490. Banknifty future trading below 27850 bear. Banknifty future short term level 27850 - 28490.

Bank nifty future intraday trading below 27670 bear resistant 28030. Bank nifty future intraday level 27730 - 28070.


Wednesday, August 21, 2019

Nifty and Banknifty future trading strategy 21st Aug...



Nifty future short term trading in bullish trand. Nifty future short term resistant 11125.Nifty future short term level 10990 - 11125. Nifty short term trading below 10985 bear, resistant 11125.

Nifty future intraday trading on 11005 bullish, trading below 10970 bear, Intraday level 10970 - 11005.

Banknifty fuutre short term bear resistant 28490. Banknifty future trading below 27950 bear,Banknifty future short term level 27950 - 28490.

Banknity future intraday trading on 27960 bullish, trading below 27800. Banknifty future intraday level 27800 -27960.

Tuesday, August 20, 2019

Nifty and Banknifty future trading strategy for 19th Aug 2019




Nifty future Monday made a high 11151.65, higher level selling made new low 11032, and close at 11058. NIfty future short term support 10900, buy on deep strategy.Nifty future short term level 10900 - 11130.

Nifty future intraday bear, Nifty futue intraday level 11055 - 11141. Nifty future trading below 11055 bear ,trading on 11141 bullish, intraday strategy sell on rise, resistant 11141.

Bank nifty future short term continue face resistant 28500. banknifty future short term level 27890 -28490, Bank nifty short term sell on rise strategy resistant 28500.

Bank nifty future intraday bear side. Banknifty future intraday level 28200 - 28400. Banknifty future intraday strategy sell on rise resistant 28450. Trading on 28450 bullish for day.



Monday, August 19, 2019

Nifty and Banknifty trading strategy for 19th Aug



Nifty future Friday made a high 11094 ,low 10926 and close with positive 11064.65. Nifty future short term trading on bullish trend support 10910. Nifty future short term trading level 10910 - 11130. Trading on 11130 bullish trading below 10910 short term bear. strategy for short term buy on deep support 10910.

Nifty future intraday trend also positive support 10965. Nifty future trading level for day 10970- 11070. Nifty future trading on 11070 bullish, trading below 10970 bear. Intraday trade buy on deep stoploss trailing 10970.

Banknifty future short term trading near resistant level 28490. Bank nifty fututre trading on 28490 short term positive support 27890. Banknifty future short term level 27890 - 28490.

Banknifty future intraday trading in positive trend support 27850.  Banknifty future intraday level 27860 - 28260. Banknifty future intraday trading on 28260 bullish, trading below 27860 bear.







Saturday, August 17, 2019

Nifty 3 trading strategy review 16th AUG 2019


Nifty 3 trading strategy review. we suggest buy - sell call in 3 strategy.
If u trade this level minimum earn 300 point in Nifty future in every month average. 


Friday, August 16, 2019

Nifty and Banknifty future trading strategy for 16th Aug 2019


Nifty future Wednesday on weekly expiry made high 11099.95, low 10935.65 and close at 11028.15.
Nifty future short term level 10876 - 11130. Trading on 11130 bullish and trading below 10876 bear.

Nifty future intraday level  10965 - 11065. Nifty future trading below 10965 bear and trading on 11065 bullish.

Banknifty future Wednesday made a high 28040 , low 27951 and close at 27994. Banknifty future short term trading bear resistant 28490. Banknifty future short term level 27770 - 28490.Trading below 27770 bear,trading on 28490 bullish.

Banknifty future intraday level 27840 -28080. Banknifty future trading below 27840 bear trading on 28080 bullish.

Wednesday, August 14, 2019

Nifty and Banknifty future trading strategy 13th Aug 2019


Nifty future trading with high volatile made high 11145.05 and made a low 10910, close 10925.Nifty future support 10876 for short term,Nifty future short term level 10876 - 11126.

Nifty future intraday volatile bcz of weekly expiry.Nifty future intraday level 10925 -11110. Nifty future trading below 10925 bear, trading on 11110 bullish.

Bank nifty future week rather than nifty future. Bank nifty future trading below short term level negative yesterday low very crucial 27682.Bank nifty future short term level 27770 - 28500. Trading below 27770 bear, trading on 28500 bullish.

Bank nifty future today weekly expiry. Banknifty future intraday level 27730 -28270Banknfity future trading below 27730 bear, trading on 28270 bullish.


Tuesday, August 13, 2019

Nifty and Bank nifty trading strategy 13th AUG 2019



Nifty future heavy volatile. Nifty future trading on resistant level. Friday nifty future made high 11186 and made a higher low consistent 5th day 11068. Nifty future short term level  10876 - 11130.Nifty future trading on 11126 bullish buy on deep support 10876.

Nifty future intraday level 11102 - 11164. Nifty future trading below 11102 bear trading on 11164 bullish.

Bank nifty future Friday made a high 28625 and made a low 28330. Bank nifty future short term level 27770 - 28550, trading on 28550 buy on deep support 27770.

Bank nifty future intraday level 28400 - 28560. Banknifty futue trading below 28400 bear trading on 28560 bullish.


Friday, August 9, 2019

Nifty and Banknifty future trading strategy 9th Aug 2019




Nifty future yesterday buying on FPI surcharge will be cancel. Nifty future short term level  10870 - 11010. NIfty future closing on 11063.95 buy on deep support 11010.

NIfty future intraday

Nifty future intraday level 10894 - 11065, Nifty future trading below 10894 bear trading on 11065.

Banknifty future short tem trading level 27770 - 28905. Banknifty future tradin on 28905 bullish, support 27770.

Bank nifty future intraday

Bank nifty future intraday trading level 27710 - 28225, Banknifty future closing on buy level 28240. support 27710, buy on deep.

FII/FPI/ & DII  Trading activity on NSE/BSE and MSEI.

FII/FPI  BUY value 5428.61 ,  SELL VALUE 5866 , NET  -437.39

DII        BUY VALUE  4192.61 ,  SELL VALUE 3901.32 , NET  291.29




Thursday, August 8, 2019

Nifty and Banknifty future trading strategy 8th Aug 2019



Nifty future trading below continue our breakdown level intraday 10911. Nifty future short term trading continue bear, Nifty future short trading level 10870 - 11160.Trading below 10870 bear sell on rise, resistant 11160.

Nifty future intraday will be bounce, bcz of weekly expiry sell on rise. Nifty future intraday level 10884 - 10965.Trading below 10884 bear, trading on 10965 bullish.

Banknifty future continue bear trend.  Bannifty future short term level 27770 - 29085.Trading below 27770 bear, sell on rise resistant 29085.

Banknifty future intraday level 27770 - 28150.Trading below 27770 bear, trading on 28150 bullish.

PCR near oversold 0.97 , VIX 16.74. Globel :Neutral , FII : Neutral , DII: Neutral, Trend : Negative.


Wednesday, August 7, 2019

Nifty and Banknifty future trading strategy 7th Aug 2019


Nifty Future short term negative  to Neutral view. Nifty future closing between breakout level. Nifty future short term level 10870 - 10245. Nifty future trading below 10870 bear, trading on 10245 bullish.

Nifty future intraday level 10911 - 11025,Nifty future trading below 10911 bear trading on 11025 bullish.

Bank nifty future short term level 27770 - 29420, short term trading below  27770 bear ,trading on 29420 bullish.

Banknifty future trading below  27880 - 28180,trading below 27880 bear, trading on 28180 bullish.Today RBI police, market volatile .

Tuesday, August 6, 2019

Nifty and Banknifty future trading strategy..6th Aug 2019


Nifty future short term trading continue negative. Nifty future trading below breakdown level 10876.Nifty future short term level 10876 - 11240.Trading below 10876 bear, sell on rise,resistant 11155-11110-11000.

Nifty future intraday trading below our support level 10830. SGX nifty dawn 70 point on Global news.Nifty future intraday level 10830 - 10900.Nifty future trading below 10830 bear, resistant 10900, Sell on rise.

Bank nifty future short term trading below support level. Banknifty future short term level 27750 -29400,trading below 27750 bear, sell on rise.

Bank nifty future intraday level 27600 - 27840. trading below 27600 beartrading on 27840 bullise.


Monday, August 5, 2019

Nifty 3 strategy sell call 5th Aug



Nifty 3 strategy sell call:

Strategy rule: Nifty a strategy run the profit either stoploss
                      Nifty b strategy 40 point profit either stoploss, if stoploss hit trade revers if buy vice   versa sell.
                      Nifty c sell run the profit either stoploss,if stoploss hit trade revers If buy vice versa sell.

Nifty A strategy sell call 10894 sl 10925


Nifty B strategy sell call 10906 sl 10942


Nifty B strategy sell call 10902 sl 10952




Nifty and Banknifty future view 5th Aug 2019



Nifty future short term bear, everyday nifty future trading below our break out level.Friday nifty future closing on support level 11024.Nifty future break out level short term 11002 - 11320.Nifty future trading below 11002 bear for short term, if every thing fine nifty future bounce back till 11320. If trading on 11320 bullish for near term.

Nifty future intraday trading view:

Nifty future intraday breakout level 10905 - 11050,Nifty future closing 11024 near resistant level.Nifty future trading on 11050 bullish for day, support 10964 - 10905, trading below 10905 bear for day.

Bank nifty future Friday selling on resistant level. Bannifty future closing 28327,below short term support level 28354.Bank nifty future short term breakout level 28350 - 29425.

Banknifty future intraday trading view:

Banknifty future closing 28327 near resistant level 28470, Bankinifty future everything fine trading on resistant level bullish. Banknifty future intraday breakout level 28130 -28430. Banknifty future trading below 28130 bear for day and trading on 28430 bullish for day.

Friday, August 2, 2019

Nifty and Banknifty future update 2/8/19


NIfty future Short term breakout level 11005 - 11330.
NIfty future Intraday breakout level 10950 - 11080. Trading below 10950 bear ,trading on 11080 bullish.


BankNIfty future Short term breakout level 28500 - 29420.
BankNIfty future Intraday breakout level 28320 - 28855. Trading below 28320 bear ,trading on 28855 bullish.


Thursday, August 1, 2019

Niftyfuture and Banknifty future view 31st -July19


Nifty future yesterday made a high 11165 ,low 11031.2 and close with positive 11132.2.Nfty future today expiry day ,Nifty future breakout level short term 11105 - 11395.short term support for intraday 11105 and resistant for short term 11395.

Nifty future intraday breakout level 11056 -11135. trading below 11056 bear, trading on 11135 bullish.

Banknifty future short trading below our breakdown level 29080.Banknifty short term breakdown level 28900 - 29420.

Banknifty future intraday breakdown level 28770 - 28970. Trading below 28770 bear and trading on 28970 bullish.

Tuesday, July 30, 2019

Nifty and banknifty future view 31st july



Nifty future yesterday near term trading below our breakdown 11238 bear.Nifty future now trading below 11155 bear resistant 11405.  On bounce back near 11260,sell on rise.

Nifty future intraday breakout level 11096 - 11260,trading below 11096 bear trading on 11260 bullish.

Bank nifty future yesterday short term trading below 29080 bear, resistant 29540.

Intraday bankfuture trading below our breakdown level 29244.Today breakout level 28855 - 29510.Trading below 28855 bear trading on 29510 bullish,

Nifty future and banknifty view 30th july


Nifty yesterday trading below our break down level 11273 and made a high our resistant level 11325.Nifty future trading lower low.Nifty future near term trading below 11306 bear may bounce bank that level resistant 11530.

Nifty future intraday breakout level  11190-11285.trading below 11190 bear and trading on 11285 bullies.

Banknifty future stronger than nifty future.Bank nifty future near term trading below 29150 bear,resistant 30070.

banknifty future intraday breakout level 29244-29500, Baninifty future trading below 29244 bear and trading on 29500 bullies.

Monday, July 29, 2019

Nifty and Banknifty future breakout level.29th july



Nifty Friday made a high 11345 low made 11247 , close 11327.
Nifty future Friday trading on breakout level 11327.
Today's breakout level 11270 -11326.If nifty trading below 11270 bear and trading on 11326 bullish.

Banknifty Friday made high 29510 , low 29125.6 and close 29465.65.
Today's bankniftyfuture breakout level 29232 -29460.
If trading below 29230 bear and trading on 29470 bullish. 

Sunday, July 28, 2019

Stock future Hedging strategy



Hello trader Today's we introduce stock future hedging strategy, it's not new every FII and DIIs done very well in Market.

 Straegy:

 Nifty future stock start of the month if stock future Positive or nagative signal.

If stock future sell signal in Daily basis:

Sell stock future and sell ITM put, position and of the month.

If stock future buy signal in Daily basis:

Buy stock future and sell ITM call, position and of the month.

This month call :

Reliance daily basis signal nagative. We sell Reliance future August expiry price 1216. ITM 1200 put we sell 29.

Tatasteel daily basis signal nagative. We sell Tatasteel future August expiry price 447. ITM 440 put we sell 14.85.

LT daily basis signal nagative. We sell LT future August expiry price 1397. ITM 1380 put we sell 28.






Thursday, July 25, 2019

Nifty and Bank nifty August future out look..26th july

Nifty future August Yesterday trading below support level continue. Nifty future Daily chart trading below 20 day Moving Average 11340, resistant 11705.

Nifty future daily chart pattern trading below 11327 bear, resistant level intraday 11360 and long term 11715.

Bank nifty future near term support for intraday 29100,and resistant 30720. Banknifty future intraday point of view trading on 29300 bullish for Friday.  

Nifty and bank nifty trading strategy .. 25th july 2019




Nifty future trading strategy

Nifty Yesterday made high 11355.9,low 11226.9. and close with 11277.8.
Nifty Yesterday trading below breakdown level 11335.

Today.s nifty future breakout level 11242 - 11290.
If nifty trading below 11242 bear,  Niftyfuture trading on 11290 bullies.

Banknifty future strategy


BankNifty yesterday made high 29292 low 28928 and close with 28976 .
BankNifty yesterday trading below breakdown level 29190.

Today's Banknifty future breakout level 28989 - 29435.
If Banknifty trading below 28989 bear or Banknftyfuture trading on 29435 bullies.

Wednesday, July 24, 2019

Nifty and bank nifty trading strategy for 24th july 2019





Nifty future trading strategy

Nifty Yesterday made high 11406.4,low 11305. and close with 11360.
Nifty Yesterday trading below breakdown level 11333.

Today.s nifty future breakout level 11330- 11380.
If nifty trading below 11330 bear,  Niftyfuture trading on 11380 bullies.

Banknifty future strategy


BankNifty yesterday made high 29439 low 29127 and close with 29187 .
BankNifty yesterday trading below breakdown level 29320.

Today's Banknifty future breakout level 29185 - 29395.
If Banknifty trading below 29185 bear or Banknftyfuture trading on 29395 bullies.

Tuesday, July 23, 2019

Nifty and Bankniftyfuture trading strategy 23th july 2019

Nifty future trading strategy

Nifty Yesterday made high 11407.75,low 11311. and close with 11360.
Nifty Yesterday trading below breakdown level 11421.

Today.s nifty future breakout level 11333 - 11365.
If nifty trading below 11333 bear,  Niftyfuture trading on 11365 bullies.

Banknifty future strategy


BankNifty yesterday made high 29698 low 29277 and close with 29389.65 .
BankNifty yesterday trading below breakdown level 29785.

Today's Banknifty future breakout level 29320 - 29488.
If Banknifty trading below 29320 bear or Banknftyfuture trading on 29488 bullies.

Saturday, July 20, 2019

Stock break out level..22 th july 2019



Reliance breakout level..1248- 1261 trading below 1248 bear ,,trading on 1261 bullish


LT           breakout level..1410-1432 trading below 1410 bear ,,trading on 1432 bullish


Tatasteel breakout level.. 456 - 470  trading below 456   bear ,,trading on  470  bullish



Auropharma  breakout level..552 - 569 trading below 552 bear ,,trading on 569 bullish

Nifty and Banknifty future trading stragey for 22-july 2019

Nifty future trading strategy

Nifty friday made high 11643.45,low 11402. and close with 11422.
Nifty Friday trading on breakdown level 11608.

Monday nifty future breakout level 11421-11567.
If nifty trading below 11421 bear,  Niftyfuture trading on 11567 bullies.

Banknifty future strategy


BankNifty Friday made high 30534.65 low 29726.05 and close with 29781.35 .
BankNifty Friday trading on breakdown level 30456.

Tomorrow Banknifty future breakout level 29785-30346.
If Banknifty trading below 29785 bear or Banknftyfuture trading on 30346 bullies.
sell on rise.

Friday, July 19, 2019

Stock break out level..19 th july 2019


Reliance breakout level..1262-1277 trading below 1262 bear ,,trading on 1277 bullish
LT           breakout level..1436-1449 trading below 1436 bear ,,trading on 1449 bullish
Tatasteel breakout level.. 465 - 472  trading below 465   bear ,,trading on  472  bullish
Auropharma  breakout level..567-573 trading below 567 bear ,,trading on 572 bullish

Thursday, July 18, 2019

Nifty and Banknifty future trading stragey for 19-july 2019

Nifty future trading strategy

Nifty today made high 11665.3,low 11590.1. and close with 11604.35
Nifty yesterday trading on breakdown level 11661.

Tomorrow nifty future breakout level 11608- 11657.
If nifty trading below 11608 bear,  Niftyfuture trading on 11657 bullies.

Banknifty future strategy


BankNifty today made high 30745 low 30410.55 and close with 30448.65.
BankNifty today trading on breakdown level 30632.

Tomorrow Banknifty future breakout level 30456- 30673.
If Banknifty trading below 30456 bear or Banknftyfuture trading on 30673 bullies.

Niftyfuture and Banknifty trading strategy ..18th july 2019


Nifty future trading strategy

Nifty yesterday made high 11693.55,low 11643.2. and close with 11675.8.
Nifty yesterday trading on breakout level 11656.

Today's nifty future breakout level 11661- 11683.
If nifty trading below 116661 bear,  Niftyfuture trading on 11683 bullies.

Banknifty future strategy


BankNifty yesterday made high 30778 low 30542 and close with 30737.75.
BankNifty yesterday trading on breakout level 30603.

Todays Banknifty future breakout level 30632 - 30738.
If Banknifty trading below 30632 bear or Banknftyfuture trading on 30738 bullies.

Wednesday, July 17, 2019

Nifty and Bank nifty trading strategy..17th july ..2019


Nifty future trading strategy

Nifty yesterday made high 11672.15,low 11570.1. and close with 11657.85.
Nifty yesterday trading on breakout level 11578.

Today's nifty future breakout level 11615-11656.
If nifty trading below 11615 bear, Nifty close on breakout level 11657 or Niftyfuture trading on 11656 bullies.

Banknifty future strategy


BankNifty yesterday made high 30650,low 30428.25 and close with 30590.6.
BankNifty yesterday trading on breakout level 30568.

Todays Banknifty future breakout level 30531-30605.
If Banknifty trading below 30531 bear or Banknftyfuture trading on 30605 bullies.

Tuesday, July 16, 2019

Ultratech Cement Ltd bearish "Hanging Man" chart pattern

Recognise has detected a "Hanging Man" chart pattern form on Utratech Cemant Ltd NSE. This bearish signal indicated that the stock price may fall from tha close of 4597.00.

The price may have reached the top of the recent uptrend . shoving it has been susceptible  to selling pressure, The Hanging Man appears during an uptrend, displaying a long lower shadow with a small real body the top of the range. The price may have reached  a top and due for a reversal to the downside.

This bearish pattern can be seen on the following chart.