Hello Everyone. I have provided nifty trades and targets above. The market was in a very tight range the previous day. Let the resistance or support range break with 15 15-minute candle before going for any trades. If we do in between these zones premium eating will happen and we end up seeing losses. Book profits every 30 points as we are getting very few trending moves.
As we discussed NIFTY's bullish behavior in our last analysis, the Market (NIFTY) moved up 280 points.
If we look at the chart data:
The Market is trading at the resistance trendline zone. Also price >> EMA(200) (TF = 30 min) and EMA(13) >> EMA(200). This indicates that the Market needs some correction or consolidation at this point. Also, the Market is in...
Hello everyone👏
I hope all the information I have provided is useful to you all. ☺
Let's study Jamna Auto chart
In monthly TF
*** it's uptrend
*** momentum upside & volume is also good
*** bullish candlestick
*** price trading above all ma & again crossed 2022 high
*** price is above on all MA
*** resistance 142 : 145 : 152 (targets)
& support - 132 : 130 (...
After years of rallying up, then it turns to a fall forming a double top pattern. When we draw from the high point to the low point using Fibonacci retracement, I believe it reaches the 0.5 Fibonacci retracement level and continues the fall. After reaching this level, confirm and make an entry
"One reason for the fall is because there are ongoing court issues...
Nifty 50 Technical Analysis - 4th March 2024
## Overview
Nifty 50 is exhibiting interesting price dynamics with notable resistance and support levels. Let's delve into the key levels for the upcoming trading session.
### Resistance Zone
**1. Resistance Zone: 22,500**
- Presently acting as a significant resistance level.
- Market momentum may pick up if...
The BTC/USD pair has been consolidating within a symmetrical triangle pattern for the past few weeks. Recent price action suggests a potential bullish breakout. Here are the key points:
Symmetrical Triangle Formation:
The price has been forming higher lows and lower highs, creating a symmetrical triangle.
This pattern typically indicates an impending breakout,...
Bank Nifty Technical Analysis - 4th March 2024
## Overview
Bank Nifty has exhibited notable price actions concerning identified support and resistance zones. Let's explore the levels for the upcoming trading session.
### Support Zone
**1. Support Zone: 47,150 - 47,000**
- A critical support zone; a breach below 47,000 may trigger a potential downward...
As we have discussed, Banknifty's bullish behavior in our last session gave a really nice momentum with 2.4%.
If we look at the chart:
The Banknifty has broken above the trendline, which indicates that the market is currently showing extremely excellent bullish momentum. After this breakout, the market can continue to the level of 48600. The market has been...
FUNDAMENTALS :
(Source : ICICI DIRECT)
Computer Age Management Services Ltd.
Q2FY24 Quarterly & H1FY24 Bi-Annual Result Announced for Computer Age Management Services Ltd.
Capital Markets company Computer Age Management Services announced Q2FY24 & H1FY24 results:
Financial Performance:
Q2FY24:
1. Consolidated Revenue increases by 13.5% YoY to Rs 275.08 crore.
2....
NYSE:FET - Super Bullish Monthly View
1⃣ #Fetch Did 270% Profit from our Entry ✅
2⃣ Monthly Closed Above $0.7 = ✅
3⃣ $9-$10 Price Target in Bull Run
4⃣ AI narrative driving strength
5⃣ Clean market structure
6⃣ #FET = $0.8-$1 will be the best Entries
Congrats on the huge Profit.
After an uptrend, it transitions from higher highs to lower highs. Drawing a trendline indicates it's ready for a breakout. Keep the stock on the watchlist and wait for the breakout. Ensure that when it breaks the trendline and undergoes a retest, that's the time to enter
"Note: I will maintain charts in a simple way. Only those with basic knowledge of technical...
Jamna auto is an auto ancillary stock which is also a good investment stock for long term.
Technically, stock is giving ATH breakout with a cup and handle pattern.
Stock can fly once monthly closing above 140 happens.
Keep in watchlist.
