Trade Idea: With the current price at 116.50 Rs, if the Zomato stock manages to breach the immediate resistance levels(115 Rs), the next target is set at 125 Rs. This milestone could potentially be achieved within a span of 8-10 days. Following this accomplishment, the price might briefly touch around 135 Rs in approximately 2-3 week. Note: Implement a...
Asian Paint either in abcde or abc correction. Right now, price is sustaining above support range. If sustains and move Higher High, then MAYBE it will go near 3230. If the price, go south and inside the range zone then it should have to retest the resistance of range zone and then Lower Low. Target will be near 3080/-
Sensex analysis for 27th October 2023 for educational purpose only This video is for educational purpose and my personal view . We are NOT SEBI registered Advisor, we only give the level on our practical trading experience. Kindly take the trade according to your risk and reward position and consulting your advisor. It is advisable to take the advice of SEBI...
NSE:BPCL Chart and Indicators are showing bullish divergence. Stock is just below 200 EMA on 2,3,4 hours chart. It's better to wait and watch and enter at HH level which is near 357.70/- Target: - 1)Target is between 366 - 368 Avoid this setup for 15 mins after opening the market to take trade.
This is what I am thinking for Crude Oil for this week and the upcoming week
BSE SENSEX analysis for 18th October 2023 for educational purpose This video is for educational purpose and my personal view . We are NOT SEBI registered Advisor, we only give the level on our practical trading experience. Kindly take the trade according to your risk and reward position and consulting your advisor. It is advisable to take the advice of SEBI...
-Weekly Timeframe is bullish -Daily Timeframe and 4HR has tested it's structure -50 ema is near the base as a confluence -Stock is within 10% range of the all time high
NSE:VEDL VEDL is consolidating for near 13 years now. For these many years consolidation means complex correction in Elliott Wave Theory. I label the counts on chart it's clear that VEDL is on last phase of WXY corrective wave. But wave Y is not yet completed I think. I think VEDL will go near demand zone at least for completion of wave Y which is also...
Today nifty gap down from the resistance of value area (Range) and touched control value area or small range within big range's and acted as support for price and form doji. Because of Doji market is uncertain to predict because of Island reversal too. To increase the probability of the prediction that the market or trend reversed or not yet. price must have to...
TVC:NI225 Nikkei 225 index is in range. Price was rebounding and reversing on support & resistance. recently price gone outside of value area tested strong support value area (Sky color) near 30700. After testing 30700 market was on fire to inside big value area (Range). It's sign of buying in market. Nikkei 225 MAYBE will go more upside near 32850 or 33000...
I am aiming for sells now. I am looking for 19223. Buyers are taken out completely
Chart is self explanatory. It is not an investment advice. Only for Educational purpose. Kindly do your own research before buy/sell decision. Thank you!
Refer the chart for Entry,Target and SL. NOTE: This trade is only for Equity Swing buy and not to be considered for options trading. Please do follow Position Sizing and Risk Reward Ratio while planning any trades. Note: This information is for education purpose only and please do your own research and consult your financial advisor prior to taking any...
BSE is into Parallel channel since beginning and it may try to test the upper edge of the channel
Bullish On-Neck Chart Pattern Breakout happened on the Daily Time frame of NSE:BSE Price Action is well supported by the volume. The stock is currently in uptrend making higher highs and higher lows. One can add this stock into their stocks to buy list. Initiate the long trade only according to the levels mentioned. Stop loss will be on Daily closing...
Weekly Timeframe is bullish Daily Timeframe has tested it's structure 4HR Timeframe has shifted it's structure to the upside Also stock has come out of half year range
Weekly Timeframe is bullish Daily Timeframe has tested it's structure 4HR is shifted bullish structure On Daily stock has also taken liquidity from the loss
Technical Analysis of Bank Nifty for Tomorrow (26 September 2023) Support: 44500 (Big Support) 44700/44600 Resistance: 45000 (Big Resistance) Overall Analysis: The Bank Nifty index is currently in a consolidation phase, with a strong support zone at 44500 and a strong resistance zone at 45000. If the index breaks below 44500, it could fall further to 44400 or...