Nifty coming at good level of resistanceCheck price action with voulme before making any entry at resistance. check consolidation at resistance level
Note : Analysis are PURELY only for refernce purpose & learning purpose. There is no such indication for tips or calls for investments or trade. Any risk taken on basis of this analysis individual will be solely responsible for their risk.
ALWAYS DO YOUR OWN RESEARCH BEFORE TAKING ANY RISK!!
Analysischart
Nifty & BankNifty Setup for 01-03-2023In this video, I share my analysis for Nifty and Bank Nifty for tomorrow. I use my own technique called FASP to identify the immediate targets for the index.
These levels are important to recognize where the key resistance and support points exist. Map these levels to your charts and explore how it works for you.
Wish you a very happy and profitable year ahead!
RELIANCE UPSIDE NOT QUANTIFIED, FALL JUSTIFIEDTechnically, Reliance is in a downtrend still. Given the 2 news updates on 21st and 22nd April, 2020; the stock has shown Bullish Divergence but the %Delivery against the Traded Quantity stands at 23% which indicates an Unstable Upswing. This also coincides with Harmonics PRZ (not highlighted on Chart) range of 1360-1390
22/04/2020 Closing 1363 Spot. Little Upside Steam Still Left in Reliance upto 1385-1400 range.
Short at 1370-1400 Range with SL as 1440 for Huge Downside Targets
Note: Any views expressed here should not be relied upon as advice or construed as providing recommendations of any kind. Strictly for Educational Purposes. All trading strategies are used at your own risk.