Notes 18 Apr 2020

20TH 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


Nifty Bearsih W wave is active ? Let see ...No positional longs below 9300
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1Hr TF Nifty broken previous resistances at 9024,9129, 9260 & now at 9295

Nifty 9300 above buy for target of 10000 ( but watch RSI divergence)

Nifty Future C&H Target 9877 once break 9320
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Banknifty Daily 20 ema 20450 is pivot level now

Above 20800 , first target 21500

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HDFC Life C&H pattern in 1 Hr TF

Hold/add longs above 490 target 570 (cmp 495)

Add option 15 range for target 30.
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Reliance resistance 1236 (cmp 1229)

Bajajfinserv 1hr 100 ema 5017 above target 5676 ( cmp 5016) go for option range 100 for 200 target