if stock prize cross 1840 level then we go for buying side . we can trade with small stop loss and reach high reward. According to me it should go above this level.. its my analysis in the stock .,what are you thinking about this?
in my view, Bnaknifty looks suitable for short poison. If it makes any Price action for the long side I will trade with a small lot size, I am looking for short-side poison but still, wait for any price action
Banknifty in the last trading session has started trading below 45000 levels and closed below it. It has formed a gravestone doji on the weekly charts and broke the recent support level around 45050 levels. Market consolidated on the higher levels and has given a break down. If the market are there for a healthy retracement, it will reverse after testing...
HDCF failure HH. and making double top If sustain above lower trendline it may touched upper trendline & target will be 1840 Note: HDFC bank break out lower trendline & it make comes at 1542-1500 level in comming days/weeks. short time may go for retest of lower trend line than will go for downside. This is only educational purpose only
1. head & shoulder formed 2. with strict sl one can go short
Niftya farm had given weekly breakout from its multiple attempted zone. With the help of #REDDYLAB #APOLLOHOSPITAL #SUN FARMA It has strong momentum
SELL below low of brakeout candle with 1:2 minimum take profit
High 44355 Low 43950 Bank nifty intraday lavel 22/05/2023 First half 44300 PE Sl 40 point Target 100 point Second half 43900 CE SL 30 point target 80 point
Weekly Analysis In this expiry week, 12th to 18th May banknifty has moved up only 0.61% ~ 263pts. We have hit an important milestone this week though, 0.10 pts shy of all time high - 44151.7 on 15th. Banknifty is immensely bullish considering how Nifty50 is behaving. A trader on 15th or 16th would have normally expected BN to surpass the ATH to hit new records....
Data suggests a Sideways Market for 18th. So would be looking to short incase I find a rejection with confirmation at any of the resistance levels shown. The opening of the trade would suggest the course of action. 18100 is a strong support and a break of that may give a good downward movement. Need to keep a watch on any addition in put or call writing during the...
Data suggests a Sideways Market for 18th. So would be looking to short incase I find a rejection with confirmation at any of the resistance levels shown. The opening of the trade would suggest the course of action. 43450---43500 is a strong support and a break of that may give a good downward movement. Need to keep a watch on any addition in put or call writing...
44100 PE Sl 35 Point Target 200 point High 44180 Low 43800 Close 43840 Intraday lavel range 16/05/2023
As US bank are performing worse since the '08. . . There can be very much possible it can affect indian markets too. . . First there is a Bearish Divergence on Weekly timeframe between RSI and NSE:BANKNIFTY Price. . . With the help of Fixed Range volume profile there is much trading happened at the level of 35000 rupees. . . Fib Retracement level of 38.2 is...
Todays trading setup in banknifty Education purpose
This posts are my personally traded stocks daily,I take trade mostly in all the stocks which i post and many more too which i am unable to post,as tradeing view limits my post to only 10 stocks per day,Some hits stoploss,some hits trailing stop loss,some give targets,some ends in cost to cost,some give Very huge profits too,So dont judge this channel on any one...
SELL below low of brakeout candle with 1:2 minimum take profit
AXIS BANK BIG STRONG BREAKDOWN MAY BE DUE TO RESULTS,AS per our technical analysis short if it crosses breakdown candle low below on tuesday with minimum 1:2 take profit
bank nifty shows a reversal pattern on 15 min frame and this is bearish pole and flag pattern, yes it also has M pattern in the making if you see the recent swing.