Indiamart view for next week or month. As the stock is near a reversal phase. Indiamart has been taking support from its 20 ema on a daily time frame and has spent 3-4 days trading near its moving average. On volume analysis, it seems to be in an accumulation zone as the volume are low. The stock on technical analysis is quite bearish as its has been trading...
Banknifty looks weaker than nifty and has been trading near its 20 ema on weekly time frame and has formed a bearish candlestick. On daily time frame, it has closed below its 20 and 200 ema, which looks bearish. The EMA's are trading close to each other on daily, 60 minutes and 15 minutes time frame. Support :- 35940, 35600, 35355 Resistance :-...
Nifty View:- In recent times Nifty has completed the target of the H&S pattern of minor trend and going to make another H&S pattern of a major trend. This pattern could be a trend continuation or a reversal pattern if it completes it will complete the target and could be reversed from here. In another scenario, Nifty can complete broadening top formation then...
With results due on 23 Apr, ICICI Bank will be interesting to watch out for next week, as bearish formation visible on weekly charts i.e GRAVESTONE DOJi
Hello Traders, +++++++++++ #BankNifty-22/04/2022-#Report --------------------------------------- Opened as a Gap-Down, below our IMP-Zone. Market broken S@2, PDL, S@3, S@4 then went near to S@5-Zone. I hope you all like my analysis. Follow me to get regular updates. Please do share your thoughts in comment...
SELL bank nifty below 36350 TGT 36300-36250-36200 SL 36380. Expecting to BD the TL & resistance area. Good risk to reward trade.
BankNifty opened with a gap-up around 36500 and after making a low near 36400 BankNifty gave a trending move upside though moves were choppy and Option Buyers couldn't get benefit. Trades we took on Expiry day, 13th April- > Bought BankNifty 36800 PE at 310 which we booked with 50 points loss > Bought BankNifty 36900 PE at 340, it made a high above our Last...
BANKNIFTY INTRADAY SUPPORT & RESISTANCE LEVELS DATE:-22.04.22 Today Gap DOWN opening possible, Watch levels carefully it will act as strong support and resistance . If particular level cross and sustain 5 min candle then enter in trade. Note : This is only for Educational purpose this is not for an trading advice. please support the setup with your likes and by...
Today will be gap down opening in banknifty. Expected opening near 36500 level. After opening if it's sustain above 36550 level then expected it will move upside upto 36950 level. Further downside possible in case banknifty starts trading below 36450 level. For today's session 36050 will act as an important downside support.
Hello Traders, +++++++++++ BankNifty-22/04/2022-Levels -------------------------------------- If Market Opens as a- GAP-UP: Support of R@1 (BUY) – Rejection of PDH (SELL) FLAT: Support of R@1 (BUY) – Rejection of IMP (SELL) GAP-DOWN: Support of IMP (BUY) – Rejection of IMP (SELL) _______________________ Happy Learning and Trading Rules to fallow... 1) ...
CMP: 571 - Marginally closed above 570 - Looks ready for a new All Time High
CMP: 345 A small trade with close SL. Breakout may come soon.
Intraday trade Short Bank-nifty between 36950-37000 with SL 37150 Target 36550-36600 Note : Trading in any financial market is very risky. I post ideas for educational purpose only. It is not financial advice. Do not hold us responsible for any potential loss you may incur. Please consult your financial adviser before trading.
Understanding trends through supports and resistances.
NSE:BANKNIFTY Trade Setup for 22-04-2022 1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action. 2) Everything is mentioned on the chart. I hope it is easy to understand. 3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level. 4) Avoid gap up...
BankNifty Chart Analysis Updated on 21 April , for Option Trading on 22 April Rules for Support and resistance Trading Search in Google - Manoj Shinde
BankNifty opened with a gap-up around 36500 and was trading in 400 points range 36110 - 36500 throughout the day. Trades we took on Expiry day, 13th April- > Bought BankNifty 36200 CE at 320, it made a high above our Last Target of 430 and Traders booked profit > Bought BankNifty 36100 CE at 360 and added more at 340, it made a high above our 3rd Target of 450...
Hello Traders, +++++++++++ #BankNifty-21/04/2022-#Report --------------------------------------- Opened as a Gap-Up, at PDH. Market took the support at IMP-Zone, it broken PDH, R@1-Zone then went to R@2-Zone. I hope you all like my analysis. Follow me to get regular updates. Please do share your thoughts in comment...