Nifty on the hourly time frame has been following a nice lower high lower low pattern and has given a bearish engulfing pattern on the daily time frame. The market on the hourly time frame has been trading below the 20 ema and gave a nice selling candle in the closing hour of the session. On 15 minute time frame, there is a bearish moving average cross...
Banknifty for last 3-4 days has consolidated in a narrow range. Today also the market formed a doji and can give a nice trending market tomorrow. The market, on hourly time frame, there was a nice selling as there was a going Monetary policy. Market came below the 20 ema and took resistance from the level. On 15 minute time frame, the market came below 200 ema...
Just as we had stated yesterday about being cautious as of now. Likewise, we did observe in the yesterday's trading session, that somehow the Index is now a little exhausted at its upper levels. So, along with being cautious, now is the ideal time to work upon rebalancing your portfolios and being stock specific with our stated support levels of 18400 and...
After an uptrend a bearish marubozu candle with bearish momentum is seen. Most likely it will be a bearish movement. In case of continuation of trend, giving both side trades as well: Trade: Buy above 80, SL: 77.50, T: 284/286 Sell below 77.50, SL: 80, T: 82/82
TARC | Breakout with volume - Potential for 25% short term CMP : 48 SL : 44 Target : 60 1:3 risk reward setup
Market trend is still not predictable as banknifty has formed a gravestone doji after a dragon fly doji on day to day closing. Banknifty created confusion in the initial hour and consolidated whole day in a narrow range. On hourly time frame, the market traded whole day below the 20 ema. The market has constantly faced rejection from 43200 levels and closed 194...
Nifty is showing some retracement and has closed near to 50% fib level on daily time frame. The market has closed losing only 58 points and above 18600 level. On the hourly time frame, the market consolidated whole day and has given a break out of day's high in the last hour of the session. The market, on 15 minute time frame, has traded around both the moving...
XAUUSD oversold RSI and support in Fibonacci level 0.382 with buying pressure. Entry 1775.060 Stop Loss 1803.039 Take Profit 1803.039
Ascending Triangle Pattern formed in 1-hour chart, Wait for the breakout of the pattern. The purchase will be on top of the breakout candle. Stop loss will be slightly below the bottom of the breakout candle. Target will be the next Resistance - 107
Just as we had stated yesterday, about being cautious at the present moment. Similarly, we did observe that somehow throughout the entire day, the index had been trading in a specific zone and had ultimately ended with a flat closing. Moreover, since the market seems to be consolidating as of now, it will be suggested to remain cautious, be stock specific and...
As we analysed BANKNIFTY has been sideways throughout the day now it looks like it is ready for some big move as it had been over a week BANKNIFTY had been sideways and had been hitting both SUPPORT and RESISTANCE making them weak hence we can EXPECT A BIG UPMOVE if BANKNIFTY opens flat to strong and sustains above today’s high but on the other hand if fails and...
Banknifty on the daily time frame has given a dragon fly doji and has given a close above 18300 level. The index has formed a higher high lower high pattern and is taking near a resistance zone. After a initial sell off the market has regained some points and gained 200 points. The market on 15 minute time frame, has crossed 20 ema and took resistance from the...
As we saw there had been an another sideways market throughout the day as analysed, now in bigger time frame we can see BANKNIFTY has formed more like an W pattern in bigger time frame and its the fourth time it is hitting resistance level of 43350 making is weak and hence we can expect a big breakout if opens flat to strong and breaks its todays high for more...
GBPAUD Short tram BEARISH Trend with multiple confirmed, then open SHORT TRADE. The first target 1.79269.
Good Morning! We are glad that we could pre aware our followers, about being cautious on the last trading day. As by the end of the day, on Friday, we did observe a significant supply pressure in the Market. Well for now, there’s a need to be cautious as we have entered the month of December, which is the end of the Financial Year of the FIIs. Moreover, we...
Ultra tech cement giving a break out of head and shoulder pattern on the higher time frame. The stock on the weekly time frame has given a breakout of the inverted head and shoulder pattern with good volumes. On daily time frame, the stock is halting on the higher levels. The stock as also formed an inside candle on the daily time frame. 3 point confirmation....
Eicher motors closed below the 20 ema kn the weekly time frame with high volumes. On daily analysis the stock has also breaker down the support level of 3355. The stock seems to be in a down trend and can trade to even lower levels. 3 point confirmation. 1. Closed below 20 ema ( weekly time frame). 2. Retest of 20 ema and going below the resistance level on...
BHARATELECTRONICS(BEL) has formed a green candle near the trend line in 1D timeframe. Hence there is a chance it can go long if it sustains the price momentum. First Target - 110.8 Second Taget - 113.5 Stop loss - ~103.5 Cheers. Happy Trading to you all.