Nifty and Banknifty trading strategy ..15th july 2019

Nifty future trading strategy

Nifty yesterday made high 11642.45,low 11530. and close with 11544.35.

Nifty yesterday trading on breakout level 11582.

Today's nifty future breakout level 11563-11617.

If nifty trading below 11563 bear, Nifty close below breakout level 11544.35 or Niftyfuture trading on 11617 bullies.

Banknifty future strategy

BankNifty yesterday made high 30848.8,low 30562 and close with 30600.1.

BankNifty yesterday trading on breakout level 30746.

Todays Banknifty future breakout level 30603-30769.

If Banknifty trading below 30603 bear BankNifty close below breakout level 30660.5 or Bankftyfuture trading on 30746 bullies.

Indiabulls Real Estate Ltd forms bullish "Flag" chart pattern

Recognise has detected a "Flag (Bullish)" chart pattern formed on India bulls Real Estate Ltd NSE.
This bullish signal indicates that the stock price may rise from the close of 116.7 to the range of 147.00-153.00. The pattern formed over 11 days which is roughly the period of time in which target price range may be achieved, according to standard principal of technical analysis.

The price seems to be resuming a sharp rally after taking the brief pause. A bullish Flag pattern occurs during a dynamic market rally , representing a brief pause as the market "catches its bearish" before running off again in the same direction. The pattern consist of two parallel trand lines, often sloping downward against the prevailing uptrend, and is confirmed when the price break though the upper boundary to resume the rise.

This bullish pattern can be seen on the following chart.

Equitas Holding Ltd forms bullish "Continuation Wedge" chart pattern

Recognise has detected a "Continuation Wedge(Bullish)" chart pateern formed on Equities Holding Ltd NSE.

This bullish signal indicates that the stock price may rise from the close of 117.55 to the range of 144.00-150.00.The pattern formed over 20 days which is roughly the period time in which the target price rang may be achieved, acording to the standers principal technical analysis.

After a temporary interruption, the prior uptrend is se to continue, A Continuation Wedge (Bullies) represents a temporary interruption to an uptrend, taking the shape of two converging both slanted downward against the trend.During this time the bears attempt to win over the bulls, but in the end the bulls triumph as the break above the trend line signals a continuation of the prior uptrend.

This bullish pattern can be seen on the following chart.

Bharti Airtail Ltd forms bearish "top Triangle" chart pattern

Recognise has detected a "Top Triangle"  chart pattern formed on Bharti Airtel Ltd .NSE.This bearish signal indicated that the stock price may fall from the close of 356.1 to the range 317.00-326.00.
The pattern formed ovr 21days which is roughly the period of time in which the target price range may be achived. according to standard principals of technical analysis.

The price seems to have reached a top showing signs of reversal as it has broken downward after a period of uncertainly or consolidation.A Top Triangle shows two converging trendilines as prices reach lower highs and higher lows. Volume diminishes as the price swing back and forth between an increasing narrow range reflecting uncertainly in the market direction.Then well before the triangle reaches its apex, the price breaks down below the lower trend line with a noticeable increase in volume,confirming this bearish pattern as a reversal of the prior uptrend.

This bearish pattern can be seen on the follwing chart.

BF Utilities Ltd forms bearish "Engulfing Line" chart pattern

BF Utilities Ltd forms bearish "Engulfing Line" chart pattern

Recognise has detected an "Engulfing Line(Bearish)" chart pattern formed on BF Utilities Ltd (5324030:BSE).This bearish signal indicated that the stock price may fall from the close of 205.8.Tells Me: The recent uptrend is due reverse, now that selling pressure has overwhelmed prior buying pressure.Following a clear uptrend, we see two candlesticks where the black real body of the second completely  envelops the white real body of the first, showing that the bears have taken over from the bulls.This bearish pattern can be seen on the following chart.

Nifty and bank nifty trading strategy after 2 oclock

Nifty future trading breakout level now 11563-11617.

If nifty trading below after 11563  bear and trading on 11617 bull.

Banknifty trading breakout level 30609-30769

If bank nifty trading below 30609 bear ..or trading on 31769 bullish.

Nifty and Banknifty trading strategy ..12th july 2019

Nifty yesterday made high 11606,low 11528.15 and close with 11582.

Nifty yesterday trading on breakout level 11567.

Today's nifty future breakout level 11552-11582.

If nifty trading below 11552 bear or Niftyfuture trading on 11582 bullies.

Banknifty future strategy

BankNifty yesterday made high 30831.7,low 30600 and close with 30717.1.

BankNifty yesterday trading on breakout level 30720.

Todays Banknifty future breakout level 30640-30746.

If Banknifty trading below 30640 bear or Bankftyfuture trading on 30746 bullies.