A shooting star occurs after an advance and indicates the price could start falling. The formation is bearish because the price tried to rise significantly during the day, but then the sellers took over and pushed the price back down toward the open. Traders typically wait to see what the next candle (period) does following a shooting star . If the price declines...
Will existing trend continue in IRCTC. Current price - 668. Stoploss - 760. Target - 600.
As we can see BANKNIFTY had been in consolidation since 15 days now between 41200-41700 hence to show a new trend BANKNIFTY must sustain above or below the given levels hence if BANKNIFTY opens weak and below 41000 we might see a start of new downtrend, if opens strong and gettinh rejected then it can remain sideways! BANKNIFTY is ready to decide the trend now
HINDALCO has made Beautiful Bullish Engulfing and Hammer Candlestick Pattern at ₹430 Price Action Zone The Stock is 32% away from its 52week high Fundamentally Strong is again gearing up for next Bull Run(Expected) as it has taken support at Trendline and ₹430 Support Zone. Enter at CMP ₹434 and SL of ₹425(2.4%) Low Risk Appetite with Target of 1st. ₹500 ...
NFL | Looks highly potential for doubling - Investment
If banknifty took support from 41512 and going upside and again support from 41650 than bullish mod. If banknifty below the 41512 level than selling. below from 41160 than bearish mode or heavy selling will see in market. If take support from green box than banknifty in going in sideway zone than good time for the scalping. be careful market can trap you.
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