Overall, GBP/JPY is trending downwards. Recently, GBP/JPY bounced off the support zone of 151.000. GBP/JPY’s next support zone is at 151.000 and the next resistance zone is at 153.800. Look for short-term buying opportunities of GBP/JPY.
Banknifty analysis for 9th march For educational purpose only
360 is strong support, and 440 level Is weak resistance; expected to fall till 360 from CMP, and then we can hope for a reversal. The analysis is solely based on Support and Resistance. The Stock is fundamentally sound and can be accumulated at discounted price
Good Morning! Just as we had much clearly stated in yesterday’s Morning Mantra, that if Nifty fails to sustain above the level of 16200, then we can expect the levels of 15850 and 15580 to become active once again. Similarly, we did witness that after a gap down opening at around 15867 yesterday, nifty had ultimately given us a closing at around its predicted...
gold is at good pattern where we can take a trade for swing position
In this stock a raising wedge is forming indicating downward momentum. Levels are given to trade according.
Nifty50 Analysis after breakout of triangle pattern levels are retested by market .Thus a downward possibility is seen in chart if nifty50 breaches its previous day low around 15800 levels are expected while keeping 16000 Physcological level in mind.
Took Support on 50DMA Relative Strength +ve Trade with tight stop, volatile market
Good Morning! Once again, the importance of the level of 16800 was witnessed in the Trading Session, yesterday. Where, on being unable to cross over and give a closing of above 16800 on Monday, Nifty made a low of around 16478, yesterday. In addition to which, we can see the difficulties that the index is facing to stably cross above the stated Level of...
Volatility Contraction Pattern(VCP) Platform / Launchpad formation Smaller position in volatile market
Good Morning! The Importance of the levels of 16200 and 16800 were very well witnessed in the last trading session. Wherein not violating the support level of 16200, Nifty made a high of around 16815.90, but still had somehow failed to cross over and similarly give us a closing of above 16800. Hence, witnessing a stable closing of above 16800 will still be of...
Good Morning! A recovery of almost 400 points from the crucial support level of 16200 was witnessed in the last trading session, which however was a positive sign for the Market. Besides, in the midst of the seriousness of the ongoing global situations, there will still be a need to stay Cautious and to avoid being too aggressive until the index stably crosses...
I will buy MAYURUNIQ because : The price has broken the resistance It showed a good move upwards before breaking Resistance. The price touched is breaking resistance after 7 years Entry : 577 Target : 800 Stop loss : 500
Icp token is good coin but company announce lengthy Roadmap 20year that's why price fall and now make trendline if price break you will some pump soon or dip please research own and invest
Russian index was already indicating about invasion. news is always priced in. just for educational purpose.
Good Morning! As it was very much evident from the yesterday’s Market session as well, Nifty seems to be utterly confused within its predicted range of 17300-16800. As it is clearly observable, the index is finding a lot of difficulty in either stably crossing over or breaking down through the stated levels of Resistance and Support respectively. So, on keeping...
Looks like there is a good buying opportunity we can get in Amar Raja Battery in the upcoming days which can be an opportunity for long term investment. Currently Amar Raja Battery is in a range. If we will get the price of 560-570, then it can be a great investment opportunity. Stay tuned for more such simple and crisp analysis
Good Morning! It seems like the level of 16800 is somehow or the other working as a level of support for the Market. But in accordance to the ongoing condition of the entire world we will still suggest to stay cautious regarding the market movement. Although yesterday’s movement had once again given us a positive indication of 16800 being the level of support...