BANKNIFTY Intraday Trade Setup For 17 May 2024 Bullish- Above 48070 Invalid-Below 47960 T- 48665 Buy_2- From 47650 Invalid- Below 47540 T- 48100+ BANKNIFTY has closed on a bullish note with 0.61% gain today. It was just too volatile the whole day. Twice it got sold into with a deep pullback. Index gave a sharp recovery and closed near day high. It has formed a...
Hello friends, Another stock reach at its demand zone and break level of chart pattern. Trident has exhibited a significant breakout from its well-defined triangle chart pattern. This technical indicator suggests a potential shift in momentum, making it an attractive prospect for swing traders looking to capitalize on short- to medium-term price movements. The...
ZYDUSLIFE after an 82% rally, from Oct 2023 low to April 2024 high, without any significant pullback (greater than 8%) has been consolidating for the last 2 months that has now turned into a bullish Head & Shoulder pattern. The stock is attempting a breakout from this bullish pattern on about 2 times average volume. Momentum oscillator, RSI, too is indicating...
IEX giving closing above 100 200 EMA and breakout too. Big upside possible. Follow the targets.
Symmetrical Triangle Breakout Setup RSI near 60 and rising Trading above EMA50 Volume spurt Near to 30 month consolidation Posted a good quarterly result Disc: Not a recommendation, for study
#KECL trading above Resistance of 115 Next Resistance is at 182 Support is at 73 Here is previous chart: Chart is self explanatory. Entry, Resistances and Support are mentioned on the chart. Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your...
Very narrow range movement on friday and saturday. Hope the range will give a break out on monday. Trend deciding level is 22500. Pattern : Support/resistance. Range : Medium. Trend strength : Normal. Buy Above : 22520. Stop Loss : 22480. Targets : 22560, 22600, 22640 and 22680. Sell below : 22400. Stop Loss : 22440. Targets : 22360, 22320 and 22280. Check the...
Complete session of yesterday and Baring one hour of today's session was consumed by the complex 4 th wave correction of nifty. 4 th wave correction is deeper here 61,8 percent of 3 rd wave. when ever we get simpler 2 nd wave the 4 th wave becomes a headache. today after completion of Y we were expecting a rise but it gave away to Z and at last we could see 5 th...
Nifty opens with gap up and traded range bound throughout the trading sessions. Index made days high which is 22502. Nifty has formed a small body bullish candle on daily chart with upper and lower shadow. MACD is on urge of Crossover. Nifty is able to hold above 22400 so next resistance can be 22556 level with support of 22286 level. Bank Nifty...
All detail for chat. good entry at mark price only. and must stoploss minimum risk and good profit. risk ratio 1:1 in first target. This is not call, Just my idea. Please understand your risk and take full responsibility of your actions SL 1Hr candle close only, Target Trigger Price
Date : 16-May-2024 Rating : Buy - Positional Trade LTP : Rs. 2,069.60 Targets: (1) Rs. 2,098 --> (2) Rs. 2,278 --> (3) Rs. 2,571 SL : Rs. 1,938 on daily close basis Technical View: • NSE:BDL is in its primary uptrend and was recently going through it's secondary downtrend. • After touching the high of 2,097.95 on 25-Apr-2024, it has retraced 14% to...
Observation based on past 4 examples. Clear upside visible if it breaks this trend. Target4-5 is achievable in a month period if it takes positive direction. But keep booking it ones they hit my targets. Or trail it with previous levels (start with SL1) And ones it cross & sustains 3500 levels. There wont be any limits. If market itself takes negative direction....
- EARN WITH ME DAILY 10K-20K - HAL Looking good for Downside.. When it break level 4531 and sustain.. it will go Downside... SELL @4531 Target 1st 4489 2ND 4435 HAL MAY FUT – LOT 3 (Qty-900) MINIMUM 10L CAPITAL Enjoy trading traders.. Keep add this STOCK in your watch list.. Big Investor are welcome..
Gravita is looking strong to retest ATH levels soon. Stock had given breakdown from trendline support which was a bear trap. Stock formed double bottom near support and today gave a huge volume move. If broader markets support, this stock can make new ATH!!
Sell Nifty @ 22470 - 22450 for 22410 and lower marked levels on the chart. To motivate us, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India
Bullish Wedge Breakout setup RSI near 65 and rising Trading above EMA50 Volume accumulation Result on 18th May, can influence the direction Keep in your watchlist !
Bandhan Bank is trading near it's strong demand zone @ 170 - 150 and one can start accumulating the stock between this range. We expect this stock to take support in this zone, consolidate and start rally towards 250 and eventual long term target is 400. In case we get weekly closing below 150 consider this as a SL. Happy Trading! InvestPro India
Concor has good cup & handle pattern breakout. Looking very strong above 1090 Levels. straight target will be 1400 in short time. According to advance fibo levels. Please follow the targets on the chart. Result is good too so the trigger is there. Keep this in mind. Options is a dangerous instrument to play. Please do not go wild on anything unless you know...