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,...
Banknifty has touched the support level of 41600 and closed around 41700 levels. The market is trading below the 20 ema and can touch the 200 ema. The market is showing some negativity and remained for selling whole day after touching the resistance levels. On the hourly time frame, the market has been trading below the moving averages and will retest it before...
Candlestick Chart + The moving average lines are contracted. + Track the price until it crosses either 50ema or 100ema lines. + It may test the level of 200ema to end its correction. + So, the levels of 1600 to 1626 may be tested to complete the correction. Renko Chart (Brick Size = 7.5) + Fibonacci Retracement The price can test the level of 1626 which is...
Banknifty on the weekly time frame has formed an engulfing doji, showing some confusion about the trend. The market has closed below the 20 ema taking rejection from 50% fibonnaci levels. On the daily charts, the market has closed below 20 ema. The market has started trading below the support level of 41250. The market is trading in a sideways cycle and the...
Nifty on the weekly time frame has formed another doji and took rejection from 50% fibonacci level. The market crossed the 18k levels but couldn't sustain above the levels and closed near 17950 levels. The market has closed above the 20 ema on weekly charts and it taking support form an inclined trend line. The market has retested the daily 20 ema and formed a...
NIFTY (1H time frame)| 200 EMA + RSI support + Trendline support
On daily chart the classic Three White Soldiers pattern is formed near the support zone. Three White Soldiers is a bullish pattern. Entry We can go long on next candle Target Target will be the next resistance zone. Stoploss We can keep the stoploss below the support zone. Please like and follow me.
As we can see BANKNIFTY had been in downtrend and despite trying to break the structure and level of 41800 above but failed to do so and fell unidirectionally from there the downtrend would have been confirmed if BANKNIFTY closed below 41000 mark but failed to close below which shows 41000 being a psychological level acting as a great support hence if BANKNIFTY...
nationalum - national aluminium company limited In Monday’s (13-feb-2023) session, the stock formed a bullish engulfing candlestick pattern on the daily chart which is pointing to a bounce against the current downtrend, at least for the time being. A counter-trend rally to 81.15 can be seen in this week, from the 78.90. disclaimer: note this is just for...
DLF is making a kind of Cup hand Handle pattern on monthly and weekly chart. Cup (body) has already formed and handle is in progress. The stock has a strong demand at 350. One can enter the stock at CMP and add more at 350 and stop loss at 340. It may give a massive run after 500 ( 14 years breakout ) Only for educational purpose. Make your...
As we had been analysing that BANKNIFTY is expected to show unidirectional move if crosses and sustain itself above 41800 but it failed to do so despite the strong opening but on a brighter note this confirms the resistance has gotten very weak and any closing above 41800 could show huge upmove so for now we can again expect negative to sideways market in...
Titan Cmp 2522 dated 16-2-2023 1. Shooting Star Candle @ resistance. Sell below 2515 for target 2500-2480-2460 SL 2550 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 for any losses amounting out of it incase if any...
Price approach at key level of support and area of value and price action formation of higher low formation once price breaks the green zone focus on by opportunity risk 1% and reward 2 %. Always wait for momentum candle break