NSE:ASIANPAINT stock near demand zone and also near 200 EMA. From this level we can expect a reversal, if this zone break then we can see a huge downfall. On RSI stock is also all time support zone from the last 25 year from this zone we can witness the reversal on the RSI indicator, so on RSI we can also expect reversal from the upcoming months. After...
BankNifty differs from Nifty. It didn't have as much of a pullback yesterday. So, if the market opens with a gap-up, then we can expect the fib level 78% with minor consolidation. Alternatively, if the gap-up doesn't sustain, then we can expect an initial range market between the opening price and the fib level 50%. After that, if it breaks that range either...
Short Term Trading Advice by Goodluck Capital Buy Godrej Industries Buy Range- 890 - 900 Target- 950 - 960 StopLoss- below 845 Potential Return- 6-7% Approx trade duration 12 - 14 days
1. Trend: Sideways 2. Set up: Reversal from support zone 3. RR: !:8+ RR 4. 1 Year consolidation zone, it could be re accumulation or could be distribution, will know after breakout or break down. 5. For now can trade in sideways zone
IREDA Rally - Base - Rally price action 1.First Rally, then forming Base in the VCP pattern (Volatility contraction) & then again expected Rally after break out of the neck line. 2. Close above previous day High(170.4) 3. Close above last week High(169.7) 4. Close above last month High(163.7) 4. High increase in 1 month (+21.2%) 8. Promoter holding...
Hi mates and friends, Here i am sharing again an educational post and this time it's all about Swing trading as you might have guessed after reading the title so sharing some insight on this topic below mates !! Swing Trading: A Strategy for Riding Market Waves Swing trading is a popular trading strategy utilized by investors seeking to profit from...
BANKNIFTY Intraday Trade Setup For 24 Feb 2024 Bullish-Above 48310 Invalid-Below 48200 T- 48755 Bearish-Below 47890 Invalid-Above 48000 T- 47300 BANKNIFTY has closed almost on a flat note today. It opened with a big gap and was sold into immediately like yesterday. 10 o'clock range was to be used as per setup but index did not break out any side. It traded...
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📊 Script: HINDUNILVR 📊 Sector: FMCG 📊 Industry: Personal Care - Multinational ⏱️ C.M.P 📑💰- 2231 🟢 Target 🎯🏆 - 2362 ⚠️ Stoploss ☠️🚫 - 2172 📊 Script: KPIL 📊 Sector: Capital Goods - Electrical Equipment 📊 Industry: Transmission Line Towers / Equipment ⏱️ C.M.P 📑💰- 1206 🟢 Target 🎯🏆 - 1272 ⚠️ Stoploss ☠️🚫 - 1176 📊 Script: CHENNPETRO 📊 Sector: Refineries 📊...
#Bitcoin Bull Flag Analysis The #BTC Bull flag is currently holding $60,000 price Level. A bull flag is forming with a target lying around $1,18,000 For this pattern to play out CRYPTOCAP:BTC must be above $60,000 Level. Note: If break $60,000 level then ready for $45000 Like/RT if you agree
Cup & Handle Breakout Setup RSI above 70 and rising Trading above EMA50 Volume increasing Testing ATH breakout Disc: for study, not a recommendation
Hello TradingView Community! I'm excited to share some valuable insights on trading pitfalls and how to navigate them effectively. Trading in financial markets can be a challenging journey, but understanding common pitfalls and methods to avoid them can significantly enhance your success. Here are 10 pitfalls traders often encounter and actionable strategies to...
Hello community Here I will be talking about the process for picking up the stocks based upon the All Time High (ATH)/52 Week BO Stock and RSI . As this is known to everyone but only few are getting benefited by applying it in real trading. The stock represents strength if it breaks its ATH Level and comes from Weekly BO Base. Most of the gains are made with the...
Bank Nifty is trading at support around 47750 zone. Considering the trading holiday on Wednesday 17/04/2024. BNF expiry will be tomorrow. BNF is now in a support zone of 47750 if broken we can expect a fall till the below two support zones Support 1 47750 Support 2 47400 If BNF moved in a uptrend, considering the globe cues take...
Fundamentals:- Market Cap ₹ 48,596 Cr. Current Price ₹ 1,342 Book Value ₹ 282 Graham Number ₹ 380 Stock PE 59.1 Industry PE 17.7 Dividend Yield 0.45 % ROCE 13.5 % ROE 11.1 % Promoter holding 73.8 % Pledged Promoter 0 % Debt 5 yrs ago ₹ 7,226 Cr. Debt 3...
💎 Paradisers, #FTM is currently exhibiting a bullish market structure, with the price approaching the Bullish Order Block (OB). 💎If #FTMUSDT displays a Change of Character (CHoCH) and Break of Structure (BOS) within this zone, we can anticipate a rise up to the next swing resistance. 💎Should the bullish OB breakdown occur without any CHoCH and BOS on the bullish...
In technical analysis, we examine historical data of an instrument to anticipate its future course of action. We all would agree that Price and volume are the primary and perhaps the purest form of data in technical analysis and that’s why some traders, including me, are always more inclined towards them. In this idea, I would like to share some of my observations...
Symbol - BANKNIFTY BANKNIFTY gave a breakout of ATH & touched 49000 level & then exhibited some profit booking due to global news flow. It is currently trading at 47335 which is a good support area. I think BN will take support at these levels & will show a reversal from here. Hence I am creating long positions in BN futures at CMP 47335. I will add more...