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IDFC FIRST BANK - BREAKOUT / BREAKDOWNYou guys are smart if you really know how to trade this Pattern ! A rectangle chart pattern forms during a period of consolidation, where the price moves between parallel support and resistance levels. This pattern indicates indecision in the market, with buyers and sellers in equilibrium. The price bounces between these horizontal levels multiple times, creating a rectangular shape. Traders look for a breakout from this range to signal the next move. A bullish breakout occurs above the resistance, while a bearish breakout happens below the support. Volume typically decreases during the formation and spikes during the breakout, confirming the pattern’s validity. Clear Accumulation/Distribution Happening, pay attention even if you dont want to trade it's fine !
NSE:IDFCFIRSTB
by piyushbafna000
AU BANK - This Range is No Joke !Please pay attention to the range 695 to 755 If there is reakout or breakdown then consider trading that side, also keep boosting or liking this so that I am reminded to trade the same too ! Honestly, In my opinion there is a great accumulation or distribution happening (I cant figure out between the two) but I surely know that this is the preparation for a trending move 100%. Keep watching this script and believe me, I've seen these a lot of times.
NSE:AUBANK
by piyushbafna000
Neowave Bank Nifty UpdateDegree full forms- L1 stand for Long term wave 1 and so on L1 stand for Medium term wave 1 and so on s1 stand for short term wave 1 and so on Hello Everyone, Welcome to Trading Idea, This is a short term forecast but trade always in direction of bigger cycles. Any last minute update will be done on our tradingview live links. I hope you are enjoying my forecast, if you love the content than kindly like and share it with your friends. Also keep following us for more neowave trading ideas. Thank you Medium Term Forecast
NSE:BANKNIFTYLong
by Neowave-forecast
6
Nifty: Important levels for trade day 18 April 2023In previous post One of the 3 important levels given on the downside was 17708. Nifty closed the day at 17706.85 Also had suggested the blue zone may act as Support zone for Nifty in April series. Despite poor reaction to Infy numbers, Nifty has managed to take support in the blue zone. It recovered more than a good 100 points after touching the blue zone. What next… Let’s see what Data is telling us… Index Futures Retail traders added 7833 Long contracts and squared off 6663 Short Contracts FIIs exited 3406 Long contracts and added 4015 Short Positions Pro traders exited 5015 Long contracts and added 9027 Short contracts Index Call Option Retail traders added 20.64 Lakh Call Long contracts and also added 18.67 Lakh Call Short Contracts FIIs added 2.89 Lakh Call Long contracts and added 2.72 Lakh Call Short Positions Pro traders added 4.13 Lakh Call Long contracts and added 6.27 Lakh Call Short contracts Index Put Option Retail traders added 12.90 Lakh Put Long contracts and added 12.27 Lakh Put Short Contracts FIIs added 1.87 Lakh Put Long contracts and added 1.76 Lakh Put Short Positions Pro traders added 2.88 Lakh Put Long contracts and added 3.63 Lakh Call Short contracts Overall Put Call Ratio cooled off to 0.99 from 1.31. Given the chart set up and Data inputs Important levels on Nifty spot for 18th April 2023 Important levels on the upside 17776 / 17804 / 17836 Important level on the downside 1 7615 / 17584 / 17551 Take care & safe trading...!!! Disclaimer - The view expressed here is my personal view - Past performance is not a guarantee for future predictions - Use this for educational purpose - Any decision you take, you need to take responsibility for the same - It's your hard earned money. Treat it wisely - Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance - if trading in F&O, understand that F&O trading involves risk - Do take proper risk management measures - Do your own analysis and consult your financial adviser if need be
NSE:NIFTY
by indiamarketoutlook
Axis Bank - Will it break or not?Axis bank is continuously moving in a channel. Now it made a bowl pattern at its resistance level from where it can give a 2-3% rise if breaks. Another point is that we can see a good fall if it faced rejection. It can later go up to the lower level of the parallel channel . As of today, it closed with good volume if the market opened in a good range then we can see good buying in AXIS BANK, which lead us to the target of 830 from our current position and the second target of 850 (where it previously faced resistance) If the stock faced resistance then we can see consolidation for some time and that consolidation will decide its upward and downward direction for the downward direction we are having the support of 785 and the second support at 750. . . Disclaimer: These are not any recommendations for any funds or stocks and are meant only for educational purposes.
NSE:AXISBANK
by SUTHARTRADE
10/11/2021 Research Report For BandhanDisclaimer: I am not SEBI registered person and this is not an investment advice and also please note this is only for education purpose. Also note we can use this research in my own portfolios. So don't influence yourself by this research. Please note before investing according to this educational research, please do own research and also do take advice from your financial adviser. Your any profits and loss are totally your liability. No one is liable for that. Also, please note we will not never compensate your any loss. So before investing any single rupee, please do your own research according to your risk taking capacity and after that do invest and book profits on right time. Buy at C.M.P (Current Market Price) to Maximum 308 Target 1:- 310 Target 2:- 312 Target 3:- 319
NSE:BANDHANBNKLong
by india_market
IndusInd Bank Chart Analysis !!📈 Indusind Bank 📉 My Findings :- 1. Breakout from a resistance zone which was support earlier also with a strong candle. 2. Close above five months high. 3. Higher High and Higher Low formation. Bias- Long Target- 1139 and 1229 SL- 930 RR- 1: 2 All Important Supports and Resistances are drawn in chart. All levels are of Spot and on closing basis. Disclaimer : Consult Your Financial Advisor Before Taking Any Decision On This Analysis.
NSE:INDUSINDBKLong
by ShelendrAgrawal