As we can see BANKNIFTY has been in consolidation since last few weeks now and hence we cannot make any new position unless the trend is confirmed, as of now BANKNIFTY can be seen being sideways to negative as of now hence now we can see BANKNIFTY being sideways to negative unless BANKNIFTY sustains above 41700 for confirmed uptrend so keep watching everyone...
Nifty has again faced resistance from the 20 ema and closed 85 points lower. The market has formed a kind of evening star and if the fall continues good momentum can be seen. On the hourly charts, the market has formed a bearish flag and pole pattern and closed below both the moving averages. The market has broken the 20 ema and retested it. The market has final...
Banknifty has given a negative candle but still the market is holding the support levels of 41250. The market has been facing resistance from the 20 ema and if it crosses today's low, it can test the round number of 41000. On the hourly charts, the market has formed a bearish flag and pole. The market in the initial hour gave a fall and consolidated whole day in...
Importent Signal for Banknifty Trading 14 feb 2023 Banknifty End of Day Study Weekly Expiry on 16 Feb 2023 India Vix Closing – 13.74 Support Zones Frist Support Level For For Long Banknifty - 41250 - 41285 Second Support Level For Long Banknifty - 40760 - 40800 Third Support Level For...
Namaste! Unitech was the stock which was going at a speed of >400 KMPH in a road, where many many real-estate companies already driving, to win the race. The people on-board enjoyed the ride. Many people became MTM (mark to market) millionaires, especially the fully exposed people who had only 2-3 companies in their portfolio. Some people get on-board feeling...
Nifty has consolidated whole week and formed a doji on the weekly charts. It has been taking resistance from 20 ema and 61.8% fibonacci levels. The market can either side move once it breaks out or break down of the consolidation zone. On the hourly charts, the market has been trading between both the moving averages and closed in between them. Markets have not...
As we can see BANKNIFTY has been in W pattern and had been in consolidation around the neckline which shows the buyers are accumulating, but for confirmation wait for BANKNIFTY to close above 41700-41800 level hence we can expect BANKNIFTY to show strong upmove above 41800 so keep make position accordingly as the neckline has been tested multiple times making it...
As from the last three days nifty hasn't given a trending move and was in a tight range. On the other hand, it has made a doji candle on a daily time frame. So for Monday, our view will be for both sides because it can give us a trending move either upside or downside. So if nifty breaks the previous day's high (PDH) i.e 17875 level our view will be bullish and...
ZOMATO on 1Week TF has made a beautiful morning star candlestick pattern, which is known for start of a new Uptrend in any stock. The stock is currently 42.53% away from 52 week high and 217% away from it's All Time High of ₹169 The stock has been saved from ₹45 zone twice and has made double bottom.. Recent Daily Volumes looking convincing as Volume is...
avoid first 15min breakout wait for 15 min candle closing targets are marked if the breakout comes after 10:00 am then the probability of winning will be more. follow risk management do your own analysis do workout do meditation start reading books
RAMCOCEM | Trendline breakout - Looks potential for 25% CMP : 730 SL : 675 Target : 910, 1100 1:3 risk reward
S&P 500 where 73% stocks are trading above 100 period average is trading near trendline support the rsi divergence witnessed earlier
As we can see BANKNIFTY has been consolidating around its neckline of the supposed W pattern, despite opening weak to being negative, it finally reaches and closes around being positive hence any flat to positive opening in BANKNIFTY can show big breakout above but if opens weak then we can see BANKNIFTY remaining sideways to negative throughout the day so...
BAJAJFINSV | Looks pleasant and potential for 25% CMP : 1400 (Dip : 1300) SL : 1200 Target : 1800 1:3 risk reward setup
As we can see BANKNIFTY had been in consolidation and trying to break it's neckline multiple times but couldn't sustain above the given level finally closing at flat levels but we know that greater the levels are tested the more it becomes weaker hence we can expect BANKNIFTY to break the neckline around 41700 with proper closing for good 400-600 points upmove so...
Adani Power Demand and Supply Zones Adani Q3 profit fall 96% Support Zone 1 - 160 -166 Support Zone 2 - 135 - 140 Rsistance Zone 1 - 241 - 257
Banknifty for last 3 trading session has been holding the upper levels and forming doji on the daily time frame. There is a double resistance i.e. 20 ema and the resistance zone. Tomorrow expiry can be trending and if the market crosses and closes above 42k levels new high can be seen soon. On the hourly time frame, market has given a good consolidation and...