Policy Bazar Breaks out As the market sentiment turns bullish, Policy Bazar has broken its resistance after a small consolidation and form a series of higher high and higher lows with increased volume and it seems to be taking support from the 200ema and a channel.
Entry-598
Target-699 ( next high )
Stop loss-542 ( below 200ema )
Keep It Simple
200ema-rejection
UltraCement with the Ultra Trade After the previous post on Ultratech where the target was hit beautifully, it has given another break after having a TIGHT consolidation during
the formation of a triangle after support from the 200 EMA constantly.
Very High probability with a possibility of a Golden Cross coming in.
Target to Next High Of 7497
Stop loss inside triangle.
Keep It Simple
More Fall Ahead for ADANIGREEN?ADANIGREEN has fallen more than 40% from its peak. 200 Daily EMA has acted as support for the last few sessions, and it has broken this level recently. In today's session, it has tried to cross the 200 EMA level but failed to do so. If it closes below 1700 levels, seems there is more room to fall up to 1450 levels.
Cheers! This is as per my Analysis. Feel free to share your view about this. Please do your analysis before trading/Investing.
Happy Trading
Nifty Spot Weekly Outlook 13th June to 17th JuneFalcon Analytics Outlook Nifty 50 for the Expiry week ( Jun 13 – June 17 )
Last Weekly Nifty witness selling pressure below 16386 , while the pivot for the week @ 16605 was not breached on upside.
Technically for this week on the daily charts we see minor support on the downside for Nifty50 index lies at 16057 levels,
whereas minor resistance on the upside is capped around 16598 levels.
If Nifty50 index breaches minor support on the downside and closes below it, we may see fresh break down and index can drag towards major supports on lower side around 15890/15723 and and if breaches minor resistance on the upside and closes above it, we may see fresh breakout and index can head towards higher levels around 16765/16932 .
Currently Nifty50 index is trading Below Red Line 200 day EMA @ 16729 suggests long term trend is Bearish .
Range for the week is seen from 15723 on downside and 16494 on upside.
Weekly Chart Suggest closing below 16000 Downward Momentum can be fast.
Below Mentioned Spot Levels can be used to trade Long Or Short during the week ahead.
( All Spot Levels)
RESISTANCE 4: 16932
RESISTANCE 3: 16765
RESISTANCE 2: 16598
RESISTANCE 1: 16494
WEEKLY PIVOT LEVELS: 16327
SUPPORT 1: 16160
SUPPORT 2: 16057
SUPPORT 3: 15890
SUPPORT 4: 15723
All above views for education purpose only.
Regards,
MD.
Nifty Spot Weekly Outlook 06th June to 10th JuneFalcon Analytics Outlook Nifty 50 for the Expiry week ( Jun 06 – June 10 )
Last Weekly Nifty witness selling pressure @ 200day EMA @ 16746 on friday, while the pivot for the week @ 16223 was not breached.
Technically for this week on the daily charts we see minor support on the downside for Nifty50 index lies at 16358 levels,
whereas minor resistance on the upside is capped around 16824 levels.
If Nifty50 index breaches minor support on the downside and closes below it, we may see fresh break down and index can drag towards major support on lower side around 16250/16114 and and if breaches minor resistance on the upside and closes above it, we may see fresh breakout and index can head towards higher levels around 16960/17095 .
Currently Nifty50 index is trading Below Red Line 200 day EMA @ 16746 suggests long term trend is Bearish .
Range for the week is seen from 16114 on downside and 16824 on upside.
Below Mentioned Spot Levels can be used to trade Long Or Short during the week ahead.
( All Spot Levels)
RESISTANCE 4: 17095
RESISTANCE 3: 16960
RESISTANCE 2: 16824
RESISTANCE 1: 16740
WEEKLY PIVOT LEVELS: 16605
SUPPORT 1: 16469
SUPPORT 2: 16385
SUPPORT 3: 16250
SUPPORT 4: 16114
All above views for education purpose only.
Regards,
MD .
BankNifty Spot Weekly Outlook For Expiry Week Falcon Analytics Outlook Bank Nifty for the week (May 23 – May27)
Technically on the daily charts we see major support on the downside for BankNifty index lies at 32955 levels,
whereas major resistance on the upside is capped around 35000 levels.
If BankNifty index breaches minor support on the downside and closes below it, we may see fresh break down and index can drag towards major support on lower side around 32323/31691 and and if breaches major resistance on the upside and closes above it, we may see fresh breakout and index can head towards higher levels around 35631/36263.
Currently BankNifty index is just trading above 200 day EMA @ 35947 suggests long term trend is Bearish .
Falcon Analytics predicts range for the week is seen from 32323 on downside and 35631 on upside.
Below Mentioned Spot Levels can be used to trade Long Or Short during the week ahead.
( All Spot Levels)
RESISTANCE 4: 36263
RESISTANCE 3: 35631
RESISTANCE 2: 34999
RESISTANCE 1: 34609
WEEKLY PIVOT LEVELS: 33977
SUPPORT 1: 33345
SUPPORT 2: 32955
SUPPORT 3: 32323
SUPPORT 4: 31691
All above views for education purpose only.
Regards,
MD .
Long oppertunity in HINDALCOStock bounced back from 200 EMA, support zone and trend line. Clear RSI divergence happening from 4th November to current high. Also MACD crossover is favoring the movement.
I take previous swing low as my SL and follow 1:1.5 R:R. I recomment you to take only 1% of capital risk and trade the script.
150+ TARGETS ABC TO FIRE ALL IT'S CYLINDERS IN THE COMING WEEKS--> Market Analysis : Nifty50 Is In Uptrend
--> Sector Analysis : Financials And Banks Are Ready For Breakout
--> Stock Analysis : Done On The Chart
Buy On Breakout Of The Channel Pattern ( Very High Probability )
Target 1: 130
Target 2: 140
Target 3: 150++
S.l : Below The Breakout Candle
If You Like My Work Consider Hitting The Like Button And Also FOLLOW ME For Regular Updates Like This
Happy Trading :)
BANDHANBANK respecting 200EMABANDHANBANK is respecting the 200EMA from the last year. It has taken Support multiple times and been resisted as well during the same period. Recently it broke the EMA level, after which it has dive further. It seems it has retested the levels once again, which indicates it may continue to dive further for the next few trading sessions before it can bounce back from the previous swing low.
Cheers! This is as per my Analysis. Feel free to share your view about this. Please do your analysis before trading/Investing.
Happy Trading.
Grasim |Head & Shoulder Pattern & 200ema breakdown🎯⭕ Intraday Trading opportunity ! min Chart Alert !!! ⭕
--Sell below = 900.40 or CMP
--Target =875.35 | 835.85
--Stop-loss = 912.30
--Lot Size = 950
--R:R = 3.91
--Expected Profit = 44,000 ₹ per lot ( 5.17 % )
--Expected Holding = 15 day only
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⭕ Technical Reasons to trade or Strategy applied :- ⭕
1) Head & Shoulder pattern breakdown
2) 200ema breakdown
3) inverted top setup
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✍COMMENT Below your view !
Voltas - Positional TradesVoltas made a bullish run from 100 DEMA to 200 DEMA in a day only to retrace back a little & is now perched beautifully just below the 200 DEMA & 50% FIB retracement level as shown on Chart.
Its a precarious level with both scenarios of break and rejection equally possible.
Volume & Momentum seem to favour a break upwards.
Pay attention to NIFTY trends and Volume before taking trades.
Positional Ideas:
Go Long above 590 for 605,620 with SL at 575
Short it below 565 for 550, 545 with SL at 575
P.S The levels mentioned are long term supports and resistance on monthly charts. I always prefer rounded-off values!