INTRADAY AND SWING TRADE| RELIANCE| AXIS BANK| HDFC BANK

 RELIANCE CHART

OBSERVATION

• As we can see in 15 min time frame all the levels will work as resistance and support in the chart, hope you will understand.
• If the market opens flat then our first target on the upside is 2555 and on the downside is today's low that is 2505.
• And if the market opens a small gap up then our first target will be 2555 and the second target will be 2575.
• And if the market opens a small gap down then our first target will be 2505 and the second target will be 2470.
• Trade with strict SL.

AXIS BANK CHART

OBSERVATION

• As we can see axis bank made a head and shoulder pattern in 15 min time frame.
• As we know head and shoulder pattern is a bearish pattern.
• If the axis bank breaks its support zone, the price will go downside till 730 level.
• All the levels act as support and resistance, hope you will understand.

HDFC CHART

OBSERVATION

• HDFC taking support from the trendline and making higher highs.
• If it breaks the 2760 level then we will see a good move in upside till 2760 level.
• And if it breaks their trendline, price fall till 2696 level.

DISCLAIMER:- ALL THE INFORMATION IN THIS BLOG IS ONLY FOR STUDY PURPOSES.