Observations:
$BANKNIFTY has a strong support at around 39780-39760 levels.
A big Gap Down on Friday and a big tussle between Buyers and sellers resulting in more than half of Friday being range bound. This is indicative that buyers have still not taken stop-losses or have exited their trades.
Expected reaction in the week of 13th March:
1. The coming week of...
•Good Evening Friends!
•For Buying (Buying CE) Or Shorting PE
We Can TRADE On Our Money Management And Risk Management When Create A BULLISH Price Action Above The Level Of 40600
•For Selling (Buying PE) Or Shorting CE
We Can TRADE On Our Money Management And Risk Management When Market OPENS Flat And Then CROSS The Level Of 40341.70
•Gap Up Opening:- We Can...
The channel is a powerful yet often overlooked chart pattern and combines several forms of technical analysis to provide traders with potential points for entering and exiting trades, as well as controlling risk. The first step is to learn how to identify channels. The next steps include determining where and when to enter a trade, where to place stop-loss orders,...
Marico Limited is an Indian multinational consumer goods company providing consumer products and services in the areas of health, beauty and wellness. With its headquarters in Mumbai, Marico is present in over 25 countries across Asia and Africa.
I recently heard few comments from some of successful investors that having gold does not really help in hedging portfolio. While expert stock pickers may be right that their portfolio does well in any weather. For small investor it is not easy. I have plotted gold vs niftyjr as my choice is to invest in niftyjr.
Since I have been using gold as one form of cash...
Hello Traders,
I am tracking the ethereum on 30m and 4h time frame.
On 30m chart
- Bollinger Band Squeezed
- ema(20,50,100,200) lies in between the Bollinger Bands
- RSI Neutral
- MACD Neutral
From these levels we can get a good trade on either side.
Wait for the breakout or breakdown and enter the trade in that direction, a good small...
Time Frame - 4H
Candlestick Chart
1. Falling Window Pattern
2. ema (20,50,100,200) - Negative
- All four lines are squeezed the wave.
3. RSI < 40 (Negative)
4. Bollinger Band
- Squeezed in a pipe like shape
- Breakdown of the lower band
- Negative
5. Macd
- Bearish Crossover
- Histogram shows the selling...
"BANKNIFTY" Nifty Bank Levels For 13'March2023
If Nifty Bank Opens With the Gap UP opening. And break his previous HIGH Above "40660" we can get Higher Highs.
Buy above: 40563.55
Level = TGT 1 : 40650.20 | TGT 2 : 40722.20 | TGT 3: 40831.70
Sell below: 40425.35
Level = TGT 1 : 40278.15 | TGT 2 : 40172.35 | TGT 3 : 40053.70
Disclaimer: All the provided levels...
