Date--12-jan -2023 Hey Everyone As Per Bank nifty Chart bank nifty has formed Symmetrical triangle pattern in Daily Time Frame And Also Bank nifty Continue In Uptrend .. Candle Stick Based Bank Nifty Formed Tweezer Bottom Patterns Bullish pattern. Buy Above 42350 If Sustain Then We Can See Good Upside Movement In BANKNIFTY. Target 42700 43000 Stop loss...
As we can see BANKNIFTY has formed more like a W patteen in smaller time frame which is also known to be a trend reversal pattern and a sign of bullishness hence we can expect a strong upmove from here hence we can prepare for upmove for now till 43000 is achieved which is its nxt important and psychological resistance
From past 5 trading sessions nifty is repeating its candlestick pattern, formed in October 2021. I have copied data from 13 oct to 20 dec 2021. Pasted it on 28 oct 2022. So far it is perfectly telling whether the high or low of the previous day will be broken.
Nifty on the weekly time frame, has given a neutral doji and closed gaining 100 points. The index has taken a good support around 17800 levels and during the last trading session closed near 17950 leves. Though the market has been trading between both the moving averages, on daily charts but there is some positivity in the weekly close. On the hourly charts,...
Eicher Motors Cmp 3162 dated 13-1-2023 1. Bullish Engulfing Candle @ Support after nearly 20 % correction. Buy @ CMP for target 3275-3385-3435-3495 SL 3050 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...
Asian Paint Cmp 2909 dated 13-1-2023 1. Hammer Candle after correction of 7 %. Buy above 2930 for target 2975-3025-3085 SL 2850 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...
Finnifty confirm Targets and Pivot Levels Support Zones For Finnifty Intraday Trading First Support Zone For Finnifty – 18595 – 18610 Second Support Zone For Finnifty – 18423 – 18433 Third Support Zone For Finnifty – 18135 -18155 Resistance Zones For Finnifty Intraday Trading...
EURJPY SELL 140.232 SL 141.745 TP 137.886 Eurjpy sell possible because i am seeing a lot of selling pressure with price action and volume too in 4 hours 00 minutes candles so open a sell trade and thanks Manpritfx later and please use small lot the trade is for educational purposes only not a recommendation so i am not responsible for any loss
As we can see BANKNIFTY has tested its support multiple times now making it weaker hence to confirm the downtrend it had to sustain below 41600-41500 levels but at current scenario it looks like BANKNIFTY might show some upmove and also a trend line can be seen to which a breakout can be expected anytime sooner, for confirmation one must wait for BANKNIFTY to...
Nifty on the daily time frame has given another doji after retesting the support level of 17800. The market has tested the weekly 50% fib level(i.e. 17820) many times. Tomorrow if the market closed below it, on weekly time frame it will close below fib level and test 17660 levels. On the hourly time frame the market, remained volatile closed near the resistance...
Three Black Crows Candlesticks Pattern Formed On daily Chart, The Bears Use This Opportunity To Create Three Consecutive Bearish Candles, Sell Positional ~ 1522, With Stop ~ 1562, For Target ~ 1350, Expected Target Jan Expiry.
As we can see BANKNIFTY had been volatile to sideways throug the day as we analysed but we can see more like an inverted flag pole pattern in smaller time frame which shows signs of bearish continuation hence if opens weak and sustains below 42000 mark we might see BANKNIFTY falling till 41600-41500 which is its next psychological level else it could remain...
Banknifty Support and Resistance for Option Buying Support Zones Frist Support Level For Buying - 41921 - 41951 Second Support Level For Buying - 41648 - 41677 Third Support Level For Buying - 41370 - 41400 Resistance Zones First Resistance Level For Selling - 42360 -42390 Second Resistance Level For...
Nifty One Hour Chart Analysis For Intraday Fuure & Option Trading Support Zones For nifty Intraday Trading First Support Zone For nifty50 – 17910- 17920 Second Support Zone For nifty50 – 17775 - 17790 Third Support Zone For nifty50 – 17650 - 17660 Resistance Zones For Nifty50 Intraday Trading...
Banknifty remained strong and closed 200 points higher around 42200 levels. From the initail hour the index consolidated and remained in a 200 points range forming flag and pole on smaller time frame. The market, on the hourly time frame, took resistance from 20 ema and closed near the moving average and resistance zone. On the 15 minutes chart, banknifty...
The market consolidated whole after the initial up move and formed a doji on the daily basis. On the hourly chart, the market took resistance from the 20 ema and closing flat near the support of 17880. There was a huge volatility and traded in a 50 points range in the second half making trouble for the option buyers. On the 15 minutes chart, the market traded...
After month almost breakout of trendline and now retest and ready for move 125 recently strong resistance if is close above 125 the we can see a target of 140
As we analysed BANKNIFTY again made it very obvious of its inverted head and shoulders pattern in smaller time frame and finally fell but it did closed on a good note which is above 42000 mark which is also a psychological level hence we can expect a sideways market tomorrow id sustained above 42000 mark else if faliled to sustain then we can see sharp fall till...