#BankNifty -- Blue TL Resistance at 35700-780
Gap area Resistance 34797-35130
Let the index cross Blue line to end this correction. Did the same last 2 times.
Crossing Red Lines triggers fresh rally. Today Index managed to cross yday high
33.9k Key Play the move step by step
More from Shivaji Vitthalrao🇮🇳
1. Stock is consolidating in the band 100-120 on lower side & 1900-1950 on upper side.
2. CMP 1344 1st targets 1850-1950
3. Medium term targets 2400-2500
4. Long term taregts 3500 first and then 8,000-10,000 in next 4-5 yrs
5. This is going to be 15-16 years breakout https://t.co/BXMv5GjsGW
Spotted a stock which can become 5digits and 5x over 3-5 years
— Shivaji Vitthalrao\U0001f1ee\U0001f1f3 (@shivaji_1983) September 2, 2021
Headquarters in Namma Bengaluru, Karnataka.
Keep Thinking will post over weekend\U0001f92a
6. Stock hits high 160-175 in 1995 & 1997
7. went into down trend, consolidated for 3 yrs 1999-2002
8. Gave breakout above 34 hinting at major shift in Feb 2002
9. Gave 1st multi year breakout in Oct 2003 above 160-175 which was failed
10. Next attempt in Sep 2004 crossed 175
11. Above 1995-1997 highs (160-175) stock went on to become 10x in a matter of 20-22 months
12. CMP 1344 Multi year breakout will trigger above 1950 on weekly closing basis
13. Will be watching 1st breakout above 1950
14. SL 1260/1100 depends on risk of the trader or investor
Previous low 135 can be the SL for longs.
Possible short term bottom here CONFIRMATION ABOVE 158 for further upside
Hindcopper -- Expect Buying interest once price cross/close above 157-158 zone pic.twitter.com/GfRd1yHFpH
— Shivaji Vitthalrao\U0001f1ee\U0001f1f3 (@shivaji_1983) July 5, 2021
Today I see a very strong signal of this happening in 3-4 years. Trail sl as pernur risk.
#Indiacem
India Cement Could not cross 226 in the last attempt to trigger multi year breakout.
— Shivaji Vitthalrao\U0001f1ee\U0001f1f3 (@shivaji_1983) September 2, 2021
Stock in this leg crossing 212 can trigger this 14 years breakout. CMP 180 taking a SL 150
Revised Target 4 digits by 2024-2025. I am not kidding \U0001f600#Indiacement https://t.co/xhWjqrJm4j pic.twitter.com/42Q8qO7tO7
More from Banknifty
Look how it took support of the upward sloping black trendline https://t.co/mhqkIzBkQN
#BANKNIFTY
— Nikita Poojary (@niki_poojary) February 6, 2022
\U0001d403\U0001d41a\U0001d422\U0001d425\U0001d432 \U0001d413\U0001d405: 38855 is the BO level on daily TF which was taken out on Feb 2 & if BNF sustains above 39500 level in the coming week then we can see a fresh leg of upmove
Formation of rising wedge i.e. HH & HL pattern
S/R on daily mentioned pic.twitter.com/liaqfEezkW