As we can see NIFTY got some rejection from the support as analysed but expecting some greater upmove in coming days if sustained above 17350 levels, based on the global cues we can expect a gap down opening which will let NIFTY open around demand zone hence any signs of reversal would show good upmove else a sharp fall can be seen in coming trading sessions if...
banknifty cmp 40001 upside 40`66 40568 dwnside 39901 all education purpose only
VTL | Flag in 4H time frame - potential for 10% short term CMP : 319 (Dip : 310) SL : 300 Target : 355 1:3+ risk reward setup Weekly chart shows are strong reversal aswell.
As we can see we expected a rejection around 17700 levels but it failed to take support at that area and fell unidirectionally hence now we can expect NIFTY to fall further towards its important support lying around 17440-17330.. any signs of reversal around that area would be a good buy for 400-500 points positional
Daily Learning Day-26 If the market moves in one direction during expiry without much correction, there is a higher possibility of getting a profit booking on Thursday(weekly expiry).
A morning star is a visual pattern made up of a tall black candlestick, a smaller black or white candlestick with a short body and long wicks, and a third tall white candlestick. The middle candle of the morning star captures a moment of market indecision where the bears begin to give way to bulls. The third candle confirms the reversal and can mark a new...
Thermax Cmp 2127 dated 22-2-2023 1. Big Bullish Candle after a correction engulfing last 6 candles. 2. RSI Divergence 3. Volume rise Buy @ Cmp & in dips for a Tgt of 2180-2260- 2310-2400-2500 SL 1190 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...
One Hour Chart Analysis For Intraday Trading Nifty Demand and Supply Zones for Day Trading Support Zones For nifty Intraday Trading First Support Zone For nifty50 – 17445 - 17460 Second Support Zone For nifty50 – 17348 - 17365 Third Support Zone For nifty50 – ...
As we can see NIFTY had been in downtrend throughout the day but we can see it heading towards possible demand zone, watching global cues we can expect NIFTY to show gap down opening and can be seen opening around demand zone but in case it opens below the demand zone the level of 17700 might act as a resistance hence tomorrow’s opening is going to be very crucial...
Banknifty has formed a doji, consolidating in a range on only 400 points. It is taking support from 40600 levels and can retest resistance before another fall. On the hourly time frame, market remained volatile and in the second half consolidated in 40600-770 range. The market has given a nice consolidation and beark out/down will be good to trade. Banknifty...
bergerpaint cmp 570 dwn side 564 upside 583 599 617 all education purpose only
Nifty has formed another negative candle and closed below the 20 ema. The market took support around 17800 levels. On the hourly time frame, the market tried to trap the bullish trades. It took resistance from the moving average and reversed giving a nice bearish trade. There is a bearish moving averages crossover also. The market remained in a 100 points range...
boschltd cmp 18476 upside 18500 18734 19000 dwn side 18274 all edcation purpose only
bank nifty cmp 40673 down side 40500 40274 upside 40924 41000 41488 all education purpose only
nifty cmp 17820 dwn side 17800 17734 upside 17924 18020 all education purpose only
Another Simple Technical Analysis which shows that market is easy and money can be made by doing simple things also. This Time there is a very simple TRENDLINE drawn in weekly time frame which had worked multiple times and again which has given another opportunity and made a Pin Bar candle at the support of the Trendline. It seems true that more than 80% is the...
As we can see after much of downside we can see NIFTY still has room to fall further before reaching a final demand zone hence we can expect nifty to fall further towards the demand zone before finally moving up
Nifty on the daily time frame has closed below the inclined trend line. If it crosses and starts trading below 17800 levels market has test the recent low. On the hourly time frame, the market has consolidated in the last hour after a fall forming doji. The market is showing bearish sentiments. There is a bearish moving averages cross over, on 15 minutes charts,...