Notes 14 Apr 2020

15TH APR 2020

Watch W wave,H&S,Cup &Handle, RSI patterns in 15,30, 1hr, Daily, Weekly Patterns

1 Hr Bearish W wave is in the process of formation Nifty top 9292, Bank Nifty 22150

1) Nifty crossed swing high 9038 --> Bullish

Nifty Daily 20 ema 9004 ( weak below 9004)

Nifty 1 hr 100 ema 8774 , Buying C&S formation above 9140 target 10211
watch hr rsi divergence

Nifty Resistance 9140 support 8900,8713

 .... watch 15 MIN ST,20 ema for intra SL last 3 candles low

2)  Banknity swing high 21462  (cmp 19488) 

Bank nifty daily 20 ema 20667

Bank Nifty  pivot 20000, 1hr 100 ema 19675

Buy above 19675 

weak below 19170

3)  Tata steel 1 hr Bullish C&H buy above 293 tgt 346 

    weak below 270 neckline , long above 297

4) Maruti Daily RSI divergence bullish

Maruti buy above 5151 target 6296( 1hr C&H)

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5)Reliance 1 Hr pivot 1146 TGT 1408  ( C &H 1 Hr)

Sell below 1150, Strong sell below 1024 ( C &H 1 Hr violation)

6) HDFC Bank sell below 872 ( 1 Hr H&S) follow 15 Min ST & 100 EMA

7) IndusInd Bank sell below 392 ( watch 100 ema 1hr)

8) Axis bank 30 min Bearish W wave target 307 (cmp 391) sell below 385 sl 20 ema

9) Bajfinance breakdonw below 2100