As we can see as analysed BANKNIFTY is making back to back new high and today also it made a new high today now we can see 44000 is being well protected hence till 44000 is protected we can go long but we can expect a bigger correction if banknifty fails to take support at this psychological level so keep watching
Banknifty Expanding & Spinning Top Banknifty in HH4 position so its probability to take a support 43700 New range 43700 - 43300 If tomorrow start from a support zone its must go upper side and if start from a new HH its must be analysis before trading and if start from same position its going down (Predicted) PCR above 1 but there is strong chance to take a...
Bajaj Finance Cmp 6506 dated 12-12-2022 1. Doji Candle @ Support Line Buy only above 6540 for a target of 6610-6680 6740-6850 SL 6450 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 responsible...
What an amazing day it was, yesterday! As observing the yesterday’s trading session, we can state that somewhere or the other, the Market has very well accepted the stated level of 18400 as its support. Which is why, we had finally witnessed a beautiful closing of 18608 in Nifty, yesterday. Well as of now, we need a positive and a stable closing of above 18666,...
Hammer formed near 365 EMA. Similar hammer was seen on 8th March 2022. RSI reversed from 30. Near to oversold area (As per RSI). We suggest buying at Current Levels for Target of 7660. Stop loss below 6300 on closing basis.
As we can see as analysed we did see a breakout at given levels as sustained above 43800 and rallied over 300++ points but now we can see 44000 which is also a psychological level hence we might see REJECTION at this given level if opens flat but following the global cues we can see BANKNIFTY taking support around 44000-43900 level but if it doesnt takes support...
As wee see, bullish engulfing pattern with longer red stick than other red sticks in downtrend. Longing for around 10% profits.
NIITLTD | Channel breakout - Looks potential for 45% short term Its a strong stock for long term also for doubling CMP : 345 (Dip : 330) SL : 300 Target : 490, 650
nestle india cmp 20400 up side 21060 2200 2321 all idea share only education purpose only near break out
What a day it was Yesterday! Where, beginning with the gap down opening at around 18402, the Index gradually created a little panic when it made a low of around 18345, during the initial Market hours. However, once again signifying the Importance of the stated support level of 18400, the Index showed a beautiful recovery, first by making a high of 18521 approx...
Banknifty on the daily time frame has formed an inside candle and closed only 75 point above. On the hourly time frame, the market has tested the 20 ema and consolidated in a flag and pole pattern forming lower wicks. The index opened lower but regained in the first hour and consolidated whole day in a narrow range of about 100 points. The market, on 15 minute...
Nifty on the daily time frame has formed a doji candle and closed flat. On the hourly time frame, the market has tested the 200 ema and consolidated after the initial hour of movement. The market closed between both the moving averages. Nifty has traded in a broader range and remained in the range. The market has given a bullish closing but still taking...
HLEGLAS | Trendline breakout - Trying to capture 20% CMP : 678 SL : 650 Target : 800 1:4 risk reward setup
We expect NIFTY IT Index to go up. We support our Analysis with both Fundamental & Technical. Technical Analysis Index has strong support at 28600 followed by 28000. With a hammer like formation at support indicates buying in stocks of NIFTY IT. One can go long with SL of 28000. Fundamental Analysis Fibbonacci Retracements: Index has formed a Bullish Hammer...
We are glad that we did constantly pre-update our readers throughout the previous week, about being cautious in the Market. Also, to wait and watch for the Market to decide its direction. Likewise, on the last trading day, we had clearly observed the importance of the stated crucial support level of 18400. As after taking a beautiful support at the level of...
Can go short on Nifty: 1. Bearish engulf on daily chart. 2. Investors moving towards debt funds as increasing interest rate. Thank you.
NSE:TATAMOTORS IMPORTANT LEVEL FOR TATA MOTOR there is important support level 400 and between 380
Banknifty has finally traded near 44k level and has given another green candle on the weekly time frame. On the hourly time frame, the market has formed a dragon fly doji and closed above 43600 level. The market has tested the 20 ema, on hourly time frame, and gave a nice upmove. The market after a gap up and came for selling and tested the support zone near...