Latest Technical Research 15 May 2020

• 

  Admin: SMTA Institute

• 15 May 2020

• 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.