Nifty has formed an gravestone doji taking resistance from 17800 levels. The market gave a gap up opening and tried to hold the levels but during the second half of the market, there was a selling after taking rejection from the levels. On the hourly time frame, the market has closed near the 200 ema but has closed 117 points higher. The market has created a...
KNRCON | Looks good for a short term 15% swing (Based on daily time frame) - Weekly time frame shows even more room for rally. CMP : 276 SL : 265 Target : 320 1:4 risk reward setup
The Inverted Hammer also forms in a downtrend and represents a likely trend reversal or support. It’s identical to the Hammer except for the longer upper shadow, which indicates buying pressure after the opening price. This is followed by considerable selling pressure, which wasn’t enough to bring the price down below its opening value. Again, bullish...
Century Textiles Cmp 624 dated 3-3-2023 1. Thusrday made inside candle. 2. Friday closed above the inside candle. 3. RSI BO Buy above 630 for target 645-660-685 SL 605 Disclaimer : I am not a SEBI registered Analyst so please do your own Analysis before taking any action. The above view is shared just for educational purpose. By no means shall be responsible...
seems like good bullish reversal candle in day chart and having good correction from its all time high and targets are mentioned in the charts and there is good accumulation up to 68 and having stop loss around 66 This chart is valid upcoming weeks only
A tweezer bottom pattern is formed on the weekly charts of banknifty. The index has closed above the 20 ema and looks stronger than the other index. The market has given a nice weekly and daily closing around 41250 levels. The market has closed near 38.2% fibonacci levels. Banknifty has given a break out and a retest of the resistance zone and closed above both...
The monthly candle for the month of February has given a close around 17300 levels. Though, the current weekly candle is showing some positivity there are chances of a retest of 50% fib levels. Nifty is trading below the 20 ema on the weekly time frame. On the daily time frame, the market has closed near 38.2% fibonnaci levels and nifty has taken resistance from...
As we can see BANKNIFTY had been in downtrend since last year now following a trendline which shows further bearishness and the trendline is acting as a RESISTANCE to the swings hence we can expect a good move either side following the break or resisting at the trendline and falling down, important resistance and psychological level from which BANKNIFTY might show...
LTTS Cmp 3755 dated 3-3-2023 1. Triangle formation. 2. BO above 3810. 3. Thursday Candle Doji Candle, Friday got closed above Doji Candle. 4. RSI Reversal. Buy @ Cmp for target 3800-3850-3900-3930-4000 SL 3660 Pattern Target will be 4390 SL 3530 Disclaimer : I am not a SEBI registered Analyst so please do your own Analysis before...
Bata India Cmp 1405 dated 3-3-2023 1. Taking Support @ Support Line 2. Reversal from support 3. RSI Reversal 4. Volume Rise 5. Inside Candle Buy above 1420 (safe Trader) or risk taker can buy @ Cmp for target 1430-1455-1490-1540 SL 1380 Disclaimer : I am not a SEBI registered Analyst so please do your own Analysis before taking...
Gujarat Fluorochem Cmp 2937 dated 16-2-2023 1. Big Bullish Engulfing Candle. Buy @ Cmp for target 3000-3070-3140-3200-3235 SL 2785 Disclaimer : I am not a SEBI registered Analyst so please do your own Analysis before taking any action. The above view is shared just for educational purpose. By no means shall be...
Angel One Cmp 1060 dated 2-3-2023 1. Bullish Candle @ Support Line. 2. Price Rise with Volume Rise 3. RSI Divergence 4. Correction made 35 % from high's. 5. Super RRR Buy @ Cmp for target 1095-1125-1185-1240-1285 SL 990 Disclaimer : I am not a SEBI registered Analyst so please do your own Analysis before taking any action....
As we can see NIFTY opened flat and had been weak throughout the day but the closing had been seen at important demand zone hence we can expect NIFTY to open gap up and strong and unless NIFTY doesn’t break yesterday’s low we can make long position for 160-250++ points easy
A bullish engulfing pattern is a candlestick pattern that forms when a small black candlestick is followed the next day by a large white candlestick, the body of which completely overlaps or engulfs the body of the previous day’s candlestick. Bullish engulfing patterns are more likely to signal reversals when they are preceded by four or more black...
NiftyBank One Hour Chart Analysis with Banknifty Target Support Zones Frist Support Level For For Long Banknifty - 40067 - 40103 Second Support Level For Long Banknifty - 39690 - 39750 Third Support Level For Long Banknifty - 39207 - 39247 Resistance Zones First...
One Hour Nifty50 Chart Analysis For Nifty Tomorrow Prediction with key Support & Resistance Support Zones For nifty Intraday Trading First Support Zone For nifty50 – 17255 - 17265 Second Support Zone For nifty50 – 17145 - 17160 Third Support Zone For nifty50 – 16945 - 16960 Resistance Zones For...
NSE:SBIN is at great support and has potential for a bull market as NSE:BANKNIFTY is also down. I have been following this stock and on 22nd Feb around 50% of the volume was taken delivery as per NSE data. This means people are buying NSE:SBIN . Being a Passive Investor I usually sell put options because if situation goes against my trade I can still buy the...
Adani Ports Monthly Closing Candle Looking Good buying Zone Wait and Watch