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Alltimehigh

NIFTY DAILY - 10/6/2024Nifty opens with gap up and made All Time High which 23411 but didn’t sustain the upper level and made days that is 23227 level. Nifty gave closing down by -30 points which is around -0.13%. Index has formed a red body candle with long upper shadow which indicates participants were selling from higher level. Currently RSI is trading at 58. Nifty is not able to sustain above 23300 level so, further 23396 will work as resistance level with support of 23007 level. Bank Nifty levels Support – 49547 Resistance – 49974 Today’s Advance Decline ratio of NIFTY50 Advance - 27 Decline - 23 FII Buy + 2572.38 crores DII Buy + 2764.64crores. ⚠️ Important: Always maintain your Risk & Reward Ratio. ✅Like and follow to never miss a new idea!✅ Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes. Eat🍜 Sleep😴 TradingView📈 Repeat 🔁 Happy learning with trading. Cheers!🥂
NSE:NIFTY
by radha_23
NIFTY DAILY - 24/5/2024Nifty opens lower and made day low which is 22908 level, afterwards bulls drag the market upside and made All Time High that is 23026 level. Nifty was highly volatile throughout the trading session, Nifty traded in between +50 points to -50 points for whole day. Index has formed green body candle with long upper shadow which indicates seller were selling from days high. Candle is trading at upper band of Bollinger Band. Nifty is able to hold 22900 so, further resistance can be 23059 level with support of 22716 level. Bank Nifty levels Support – 48677 Resistance – 49334 Today’s Advance Decline ratio of NIFTY50 Advance - 17 Decline - 32 Unchanged – 1 FII Sell – 944.83 crores DII Buy + 2320.32 crores. ⚠️ Important: Always maintain your Risk & Reward Ratio. ✅Like and follow to never miss a new idea!✅ Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes. Eat🍜 Sleep😴 TradingView📈 Repeat 🔁 Happy learning with trading. Cheers!🥂
NSE:NIFTY
by radha_23
NIFTY DAILY - 23/5/2024Nifty opens with positive note and bulls were aggressive from starting of the day, nifty made All Time High Record which is 22993 level with almost 369 points up which is around +1.64%. Nifty has formed a big body bullish candle with small lower and upper shadow. Candle is trading at upper Band of Bollinger Band and giving breakout of it. Double Moving Averages are giving Crossover on Daily Chart. Nifty has crossed the resistance level which was 22610 so further resistance can be 23059 level with support of 22716 level. Bank Nifty levels Support – 48677 Resistance – 48832 Today’s Advance Decline ratio of NIFTY50 Advance - 44 Decline - 6 FII Buy + 4670.95 crores DII Buy + 146.51 crores. ⚠️ Important: Always maintain your Risk & Reward Ratio. ✅Like and follow to never miss a new idea!✅ Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes. Eat🍜 Sleep😴 TradingView📈 Repeat 🔁 Happy learning with trading. Cheers!🥂
NSE:NIFTY
by radha_23
SWING IDEA - JKLAKSHMI CEMENTJK Lakshmi Cement , a key player in the cement industry, is currently exhibiting compelling signals that shouldn't be overlooked. In conclusion, stock's technical landscape is painting a promising picture for prospective investors. Reasons are listed below : The stock has undergone multiple tests at the critical 890 levels, showcasing resilience and now displaying a promising attempt to break through. Over the past 7 weeks, stock has demonstrated robust consolidation at its all-time high, indicating a solid foundation for potential upward movement. A clear bullish trend is evident as the stock continues to establish higher highs, signifying positive momentum and growing investor confidence. The stock is currently trading above both the 50-day and 200-day EMAs, affirming the continuity of the prevailing uptrend. Target - 1069 // 1158 Stoploss - weekly close below 819
NSE:JKLAKSHMILong
by Visionary_Growth_Insights
2
NIFTY DAILY - 8/4/2024Nifty hits record high that is 22697 level. Bulls were aggressive from stating of the day. Nifty has formed green body candle with small upper and lower shadows. Nifty has broken the resistance level of 22520 so next resistance can be 22720 level with support of 22464 level. Today’s Advance Decline ratio of NIFTY50 Advance - 37 Decline - 13 FII Sell – 684.68 crore DII Buy + 3470.54 crore. ⚠️ Important: Always maintain your Risk & Reward Ratio. ✅Like and follow to never miss a new idea!✅ Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes. Eat🍜 Sleep😴 TradingView📈 Repeat 🔁 Happy learning with trading. Cheers!🥂
NSE:NIFTY
by radha_23
SWING IDEA - BIRLA CORPORATIONBirla Corp , a key player in the cement industry, signals a compelling swing buying opportunity driven by strong technical indicators. Reasons are listed below : After multiple tests, a robust breakout above the 1600 zone signifies a significant shift in market sentiment. The breach of a consolidation area spanning over two years indicates a decisive move in the price action. A bullish engulfing candlestick followed by confirmation in the subsequent week signals a reversal to bullish sentiment. Trading above the 50 and 200 Exponential Moving Averages (EMAs) on the weekly timeframe indicates a bullish market stance. The pattern of consistent higher highs reflects sustained bullish momentum. Elevated trading volumes validate the strength of the breakout, indicating heightened market participation. Target - 2112 // 2315 Stoploss - weekly close below 1464 DISCLAIMER - Decisions to buy, sell, hold or trade in securities, commodities and other investments involve risk and are best made based on the advice of qualified financial professionals. Any trading in securities or other investments involves a risk of substantial losses. The practice of "Day Trading" involves particularly high risks and can cause you to lose substantial sums of money. Before undertaking any trading program, you should consult a qualified financial professional. Please consider carefully whether such trading is suitable for you in light of your financial condition and ability to bear financial risks. Under no circumstances shall we be liable for any loss or damage you or anyone else incurs as a result of any trading or investment activity that you or anyone else engages in based on any information or material you receive through TradingView or our services. @visionary.growth.insights
NSE:BIRLACORPNLong
by Visionary_Growth_Insights
NIFTY DAILY - 7/3/2024Nifty open with Gap up and traded flat to positive after hitting records high that is 22525 level. Nifty has formed small red body candle with lower and upper shadow. Candle is trading near upper band of Bollinger Band. Today nifty went above 22520 level which was resistance level but didn’t sustain, there for Nifty find nearest resistance 22520 level and nearest support lies around 22368 level. Today’s Advance Decline ratio of NIFTY50 Advance - 30 Decline - 20 FII Buy + 7,304.11 crore DII Buy + 2,601.81 crore. ⚠️ Important: Always maintain your Risk & Reward Ratio. ✅Like and follow to never miss a new idea!✅ Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes. Eat🍜 Sleep😴 TradingView📈 Repeat 🔁 Happy learning with trading. Cheers!🥂
NSE:NIFTY
by radha_23
06 Mar ’24 — New ATH, yet again - are you a believer now?Nifty Analysis - Stance Bullish ⬆️ Recap from yesterday: “Nifty managed to pull up and close above 22358 which is not a bad thing at all, but what was worrying is how NiftyIT traded today.” 4mts chart How many of you really thought we would hit a new ATH today? Even if you happened to read yesterday’s post-mortem report - you might not have gathered enough courage to go long. The markets really took all of us for a ride today. The opening hours it spent below the 22295 support showing a strong intent to fall. NiftyIT was trading with deep cuts and went almost to negative 558 points by 11.39. BankNifty on the other hand started strong and stayed strong and could pivot NiftyIT to go green. Even though the market views all favored us, the positions did not. The underpricing of the call options and the strong short-covering really hurt us. What is more saddening is the low conviction of the CALL short sellers, the moment the market turns - they run for cover. And this running away is fueling further upmove which triggers the next strike’s covering. The strength of the last 2 GREEN candles requires no special explanation. Right from the support level, it went and took out the all-time highs. Two things were in favor, firstly the strength of Banks and then the massive reversal of NiftyIT. We are maintaining our bullish stance for tomorrow as well, but we are not expecting 22600 to be broken tomorrow. 63mts chart
NSE:NIFTYLong
by viswaram
NIFTY DAILY - 6/3/2024After a three choppy session Nifty hit a new high in second half that is 22497 level. Nifty has formed a big green body candle with long lower shadow which indicates buyers were buying from lower end and upper shadow. Candle has taken support of 9 days Exponential Moving Average. Nifty find nearest resistance 22520 level and nearest support lies around 22269 level. Today’s Advance Decline ratio of NIFTY50 Advance - 35 Decline - 15 FII Buy + 2,766.75 crore DII Buy + 2,149.88 crore. ⚠️ Important: Always maintain your Risk & Reward Ratio. ✅Like and follow to never miss a new idea!✅ Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes. Eat🍜 Sleep😴 TradingView📈 Repeat 🔁 Happy learning with trading. Cheers!🥂
NSE:NIFTY
by radha_23
DATAPATTNS - 5 months consolidation / Downtrend Breakout Data Patterns (India) Ltd 1) Time Frame - Daily. 2) The Stock has been in a downtrend / consolidation since (September, 2023). Now It has given a breakout & Closed at it's 5 months High with good bullish momentum in Daily Time Frame. 3) Option 1 - With the strong 5 months consolidation breakout in Daily, Buy at this current level. Option 2 - Wait for the strong weekly candle's close above the price 2175.40. 4) Next target will be it's All Time High (2485). 5) Recommendation - Strong Buy
NSE:DATAPATTNSLong
by SHRIHARII