NIFTY 50 EOD ANALYSIS -17-09-21 IN SUMMARY O / H / L / C 17709.65 / 17792.95 / 17537.65 / 17585.15 H-L = 255 points VIX 15.23 / +5.69% FII DII: +130 Crores Likely open: Flat to negative. This is based on the SGX NIFTY and as the US markets close was in negative. A bounce-back is more likely as FIIs have bought in good numbers. CHART BASED CONCLUSIONS -...
Titan is in ascending channel which looks extremely bullish on weekly chart. Once it breaks this channel downward we can expect a good correction of 15-17% on weekly chart which will bring it to long term support line.
Head and Shoulder pattern has been formed on GBPJPY on weekly time frame. The price is most likely to move down from the neckline. Things to consider: 1. Weekly Head & Shoulder formation 2. Monthly Resistance 3. Latest COT report - GBP "Neutral" & JPY "Short" How to enter: 1. Follow the analysis that i have made 2. Locate all the important price areas 3. Entery...
USD/JPY is seen to respect channel on daily and weekly timeframe! This could be a potential down move, things to consider: 1. Weekly and daily channel formation 2. Weekly downward movement started 3. Strong Downtrend How to enter: 1. Switch to 4hr timeframe 2. Find the daily/weekly resistance zone 3. Wait for the downward momentum on 4h 4. Use channel, bolliger...
Nifty weekly levels Try to short for the first week Disclaimer: Please consult your financial advisor, Investment/Trading in the securities market is subject to market risk, We are not responsible for your profit or loss
Where do you think the stock market is heading? Important Nifty levels and Banknifty levels for tomorrow: Levels for Nifty: 15,596, 15,660,15,733, 15,750, 15,835 15,986 (don't want to pick tops) Levels for Banknifty: 34,130, 34,420, 34,640, 34,800, 35,011, 35,250, 35,340, 35,400, 35,529,
Stock has closed above minor resistance on Friday forming a bullish engulfing candle on daily supported by good volumes Formation of rounding bottom can be seen on Weekly TF Looks set to achieve 660 on Monday.
#navkarcorp #weeklychart - Psychological and technical level of 50 was broken in the past week with huge VOL surge with 40% delivery - Close above 50/100 EMA (check thread), 1st headwind seems to be 200ema
#Nifty50 and #Banknifty saw a day with some bearish bias. Their down-moves were 2x their upmoves. Where do you think the #stockmarket is heading? Important Nifty levels and Banknifty levels for tomorrow: Levels for Nifty: 15,596, 15,660,15,733, 15,750, 15,835 15,986 (don't want to pick tops) Levels for Banknifty: 34,130, 34,420, 34,640, 34,800, 35,011, 35,250,...
- Weekly analysis - Ascending triangle Pattern - Strong trend line multiple time support , wait for test again . - Target all time high
- Weekly levels use pivot for Target - T1 , T2 , T3 - Swing trade
Reason for trade: Breakout after some good consolidation. MACD trend positive. Low-Risk Reward Ratio.
Alkem Lab has given a very good bullish signal and a breakout from the parallel channel pattern trap (August 2020 - June 2021) for past 11 months Its a good stock for a short term trading The Stop Loss for any conservative trader is 3028 The Target is 3678 After reaching our target, trail your stop loss to get maximum profit from the stock in a single...
Federal bank cup & handle pattern formed in weekly time frame. Buy and hold for 97
Ready for the big move. Weekly break out in BGRENERGY Make sure entry above 62 Note that this analysis for only educational purposes. Please share your review on the analysis
Nifty Media is back to its long term weekly Support/Resistance zone of 1675. Will it break free from this crucial zone this time?
IIFLSEC (Weekly):- CMP 72.7 LOOKS Good for Upside :) 1) Weekly Breakout :) 2) Textbook Pattern + Volume Breakout