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...
Nifty has given a nice bullish candle on the daily closing and gain 150 points. The market has closed near a resistance zone and if the market crosses and sustain above the levels, bullish trades can be initiated. On the hourly time frame, market has closed between both the moving averages. After the initial up move the market has consolidated and nice trending...
Banknifty key support and Resistance for Intraday trading 09 feb 2023 Banknifty Trading Setup For 09 Feb 2023 Weekly Expiry on 09 Feb 2023 India Vix Closing – 13.59 Support Zones Frist Support Level For For Long Banknifty - 41057 - 41086 Second Support Level For Long Banknifty - 40760 - 40800 Third...
Gland Pharma Cmp 1307 dated 7-2-2023 1. Bullish & Reversal Candle @ Bottom of the chart 2. Price Rise With Volume Rise 3. RSI BO 4. Debt Free Company 5. 86 % of holding with Promoter's, FII's & DII's. Buy @ CMP for target 1380-1450-1600-1770 SL 1160 Disclaimer : I am not a SEBI registered Analyst so please do your own Analysis...
As we can see BANKNIFTY has been consolidating since very long and had been in a small range but we did see a strong recovery in the last hour showing chances of breaking the resistance which has been tested multiple times already and in smaller time frame we can see more like a cup and handle pattern which is a strong sign of upmove if breaks its neckline which...
take position when the price breaks trendline. Long position - > Buy above 17780 Short position - > Sell below 17600
NSE:DMART is a very good fundamental company with strong management. on daily time frame after a sharp fall, Smart has made 2 reversal patterns one is bull slush and second is morning star respectively. one can bought this stock for short term target of 4218 and mid term target of 4602 DISCLOSURE : I have this company in my portfolio
Nifty50 making Bullish Pennant. Keep eyes on Breakout. Better follow price action.
2 days Nifty is trading inside a candle. Soon big move is coming. I am on long side.
As we can see BANKNIFTY had been sideways throughout the day as we analysed based on the flat opening we can again see sideways to negative market tomorrow if opens weak to sideways, we can only see a trending market if BANKNIFTY is ablw to sustain above 41700 levels and close above for confirmation so keep watching everyone
As we can see BANKNIFTY has formed more like a W pattern in bigger time frame exactly getting rejected from our important demand zone and recovered almost 2000++ points, now we can see BANKNIFTY at important at resistance and hence if BANKNIFTY opens flat we can see BANKNIFTY to remain sideways for now before finally breaking out hence we can expect sideways...
Key Points: - Bullish Trend - Three white soldiers candlestick pattern - Resistance breakout @ 1280 - RSI crossing 75 - Tech showing buy signals - Price is above 20,50,200 EMA - Volume above average Bhav is “ Bhagwan ” Disclaimer : I am not a SEBI registered Analyst. Please do your own Analysis before taking any trade/investment. The above view is just for...
JUBLFOOD - Weekly bullish.. Long This week its a bullish engulf, last week ite a hammer and prior week it triee to brk resistant line.. And this week its closed above resistance.. Looking good to take position... Target would be 630,640... Note:: im not sebi registered. Kindly consider as educational post, plz do ur own analysis before taking position...