Followup Plan of Action Views are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk. "Always Respect Risk" Happy Trading Jai Hind
Hi everyone, Banknifty index analysis on 1D chart index recently break it`s daily support 38,400 & bounced from 35,500 too 37,600 (level identified from harmonic xabcd pattern level 1.272) after bounce index is trading on it`s important support 35,500 if breaks then next support is between (33,900-33,100) levels identified from harmonic xabcd & abcd pattern levels...
Hi everyone, Banknifty index recently given breakout of it`s dynamic & static resistance 36,860 & maybe pull back comes to test it`s support 36,860 next resisitance for banknifty index is 38,200 swing is calculated from harmonic xabcd pattern level 1.131 overall index trend is changed & banknifty index is bullish on 1HR timeframe. NSE:BANKNIFTY
Long term falling wedge, breakout above 43.5 will give a big jump till 65-80-110.
Hi everyone, Banknifty index this week we`ve seen more than 2,400 points fall & it breaks 38,400 support on 1D chart and bounce back from 36,150 but again in last trading session it breaks 36,150 now next important support is 34,900 (Identified from harmonic xabcd pattern level 1.414) can take bounce but still breaks 34,900 support can go upto 33,900 level...
ICICI BANK as per Daily Chart Pattern Analysis has consolidation, Breakout and Downtrend channel before next consolidation. Once the Stock breaks the downtrend channel it should start consolidating between 775 - 800 level for the next break out. Holding the Stock. Happy Trading to all.
Hi everyone, Banknifty index analysis on 2hr chart & view for this week, we`ve seen more than 1000 points fall this week in banknifty index & 38,100 was important support price given breakout and price bounce from 36,900 reason harmonic prz abcd pattern level 2.0 (36,700-36,900) price can bounce from support & can go upto 38,100 to 38,400 level identified from...
Hi everyone, Banknifty index recently gives breakout of dynamic trendline resistance and today it gives breakout of static resistance 38,780 and it has multiple resistances upside major resistance 40,160 if breaks can go upto (41,000-41,350). Important support 38,400 & looks bearish but can`t make view maybe from support it can take bounce. NSE:BANKNIFTY
Levels as mentioned on the chart with probable Price Action to follow.... Be Proactive Trader Better Insight, Better Trade Execution Views are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk. ''I HAVE A RIGHT TO BE WRONG'' "Always Respect Risk" Happy Trading Jai Hind
Hello, This is my Technical Analysis for State Bank of India (SBIN). According to my analysis the price will go up. We should take entry at 462 The 1st target should be at 451 The 2nd target should be at 440 Stop Loss at 468 Note: This is just a Technical Analysis (it doesn't guarantee that the analysis will always be the correct) if by any chance we don't...
Every impulse wave follows some set of rules which we call them as SUTRAS for wave analysis. They are – 1. Wave 2 cannot move beyond the starting level of the wave 1. That means wave 2 never retrace 100 % of the wave 1. 2. Wave 3 is never the shortest one among the wave 1,3 & 5. It does not mean that it has to be the longest one. 3. Wave 4 never intervene into...
CHART OF BANK OF INDIA (BANKINDIA) 1. Today we'll discuss another stock i.e. BANK OF INDIA 2. Today Date is 14-09-2021. 3. Currently stock is trading at 56.10 which is shown in image. 4. There is technical target is 84, from 56.10 to 84 is approximately 50 % upmove gain. which mean if we buy at lower price then we have good return 50 %. 5. How...
We can see a formation of a symmetrical triangle in the INDUSIND BANK 4 hours timeframe chart. This setup looks good to me, an entry above 1045 for targets of 1120 and 1240 with a stop loss of 962. Here the risk-reward ratio is 1:2.35 for the final target of 1240. Also, it is taking good support from the 200 EMA, which is a positive sign for the bullish...
The stock is moving in an impulse & right now it has just completed its 4th wave as a triangular stucture. BUY HDFC BANK: 1555. SL: 1533 TGT: 1575/1590 .
Closing above 1430 can unlock another 5% swing upmove and intraday targets of 1442, 1450
Buy ICICI Bank with TP of Rs. 700 & 750 for short term and Rs. 820 for Long term (approx. 1 year) Note:- I am not SEBI registered . All Views and trade setups are my personal view and my personal trade setup.
HDFC reached its ATH in Feb 21 at 1640. Since then it has shed nearly 12% and is trading at 1440. At the current levels it is forming a H&S pattern. The Squeeze momentum indicator, MACD, RSI , Stochastics all are signaling a continued drop in prices. My immediate target is 1350.
IDFC FIRST bank swing trade, with good RTR ratio. Simple price-action-based trading, showing retracement, and this stock will fly in the coming days.