Latest Technical Research 15 May 2020
SMTA Institute
15 May
- NIFTY IS BEARISH IN 15MIN AND 1 HOUR TIMEFRAME.
- I WILL SELL ON EVERY RISE UPTO 9130 WITH STOPLOSS 9180.
- ONCE 9044 IS BROKEN WITH VOLUMES, MY TARGET IS 8900 UPTO 8826.
- INCASE OF EXTREME GAPUP/GAP DOWN, THESE LEVELS WILL NOT BE VALID.
- TRADE WITH CAUTION.
BNF - Demand & Supply Zones for tomorrow...
- NIFTY BANK IS BEARISH IN 15MIN AND 1 HOUR TIMEFRAME.
- I WILL SELL ON EVERY RISE UPTO 19225 WITH STOPLOSS 19430.
- ONCE 19170 IS BROKEN WITH VOLUMES, MY TARGET IS 17970.
- INCASE OF EXTREME GAPUP/GAP DOWN, THESE LEVELS WILL NOT BE VALID.
- TRADE WITH CAUTION.
MARICO - BULLISH TREND
- BUY BETWEEN 319 & 321.50
- WITH SL 312
- TARGET 332
- RBL Bank Ltd. is consolidating in a rectangle pattern.
- Fresh momentum post-break is expected either side of the range 100-140.
- A breakout above 140, the next resistance comes at 160 level.
- Technical parameters look weak as of now. Keep a watch.