Finnifty Confirm Targets with Budget day Trading Setup for tomorrow Support Zones For Finnifty Intraday Trading First Support Zone For Finnifty - 17893 - 17914 Second Support Zone For Finnifty – 17670 -17700 Third Support Zone For Finnifty – 17550 -17565 ...
using ichimoku theory looking for target 171+ with support of result too stay long stop as per individual risk appetite disclaimer - trade @ own risk
The budget day volatility has created a long wick doji and a big range of 600 points in nifty. The market has closed between both the moving averages. In the first half the market consolidated and has given both side move after the break out of the zone. On the hourly charts, the market has closed below both the moving averages. Nifty has closed almost flat and...
Market has given a huge doji candle swing between both the moving averages and closing 150 points lower. Being a volatile market, banknifty made a high of 42000 and after touching the level it break down to the lower level of 39500. In the first half of the session market remained silent and consolidated and there was a break out in the second half. On the...
As we analysed BANKNIFTY showed strong upmove based on the analysis but got rejected around 42000 which we expected around 41700 and fell straight up 2000++ points to 39500 which was our strong SUPPORT and reversed exactly from our levels hence we can expect BANKNIFTY to remain sideways to volatile in this range and now confirmed rally can be expected unless...
NIFTY SUPPORT AND RESISTANCE FOR F&O UNION BUDGET DAY TRADING Support Zones For nifty Intraday Trading First Support Zone For nifty50 – 17434 - 17445 Second Support Zone For nifty50 – 17348 - 17364 Third Support Zone For nifty50 – 17143 - 17161 Resistance Zones For nifty Intraday Trading...
TDPOWER SYSTEMS Daily had trendline breakout, now it has done good retest of trendline. Hammer formation. Good to buy at 134.50 for targets of 149,179 with sl below 125. Good to add up to existing qty
As we can see BANKNIFTY reversed exactly from our zone and showing unidirectionally upmove now closed at very important level of inflexion, not taking consideration of the oncoming budget, watching technically we can see BANKNIFTY strong and ready to fill the gap till 41500 which is its next psychological level but it could be done with immense volatility so keep...
Banknifty has formed a doji on the daily time frame and has closed gaining 270 points. The market took support from 40150 levels and from there continued to move up and closed at 40650. On the hourly time frame, the market has crossed and closed above the 20 ema. The market took resistance from 38.2% fibonacci level. The market has formed an inverted head and...
Nifty has given a nice closing near the resistance zone of 17680 giving a dragon fly doji on daily close. Tomorrow is Union Budget and there will be volatility. Market can give both side move once the union budget is over. Watch for a price action around 11:30-12:00 and trade accordingly. On the hourly time frame, the market remained in the first hour candle and...
Cummins India Cmp 1390 dated 30-1-2023 1. Hammer Candle made on Friday @ Support Buy above 1392 for target 1415-1440-1455-1475 SL 1355 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...
As we can see BANKNIFTY exactly took support at our psychological level and reversed exactly from there and moved over 1000++ points from there now closed above 40000 psychological level hence as long as BANKNIFTY is sustained above 40000 level we can still make new long positions till 41600 so keep watching everyone
COFORGE forming rounding bottom at lower end of IT sector and stock about to reverse from 0.5 to 0.68 FIB retracement, This can touch more than 4280 when break neck line of rounding bottom pattern. This also form double bottom at lower end which confirm uptrend.
Banknifty on the daily time frame has given doji. The market has tested the 200 ema and 39500 level is also tested in the second half of the trading session. There was huge volatility in the market and after a gap down the market gave a up side move and from low to high market covered 1100 points touching 40700 levels. On the hourly time frame, banknifty has...
Nifty has given a doji candle taking support from the 200 ema and has closed 40 point above. The market remained volatile and after a gap down regained touching 17700 levels and gain fell breaking the morning low but closed near the higher levels. On the hourly charts, the market has consolidated in the first half and gave both side move in the second half just...
sell usdjpy is good opportunity right now : Key point are : 1. strong supply area 2. point of interest footstep of big institution 3. take inducement 4. good risk reward if analysis helpful than plz support
BHEL have formed higher lows and tested the zone around 41.8-42.45 so if this zone breaks then it is good to go long until 48, which is a 12% gain
As we can see BANKNIFTY fell one sidedly as we analysed now it can be seen trading around its psychological level of 40000 which is a strong demand zone, we might see BANKNIFTY to fall further below 39500 but closing abpvw 40000 is something we are looking for another uptrend to continue so keep watching everyone