Excellent fundamentals. consolidated for over 3 months. stock split. another consolidation and now breakout. holding from pre-split levels. making of a multibagger
risk: Reward ratio is 1: 2 Rest as per Charts ******** Note - One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells “where” to act in “what direction. Unless it triggers, like, let’s say the candle doesn’t break the level which says “Buy/Sell if it breaks”, You should not buy/sell at...
So, yesterday was another beautiful day in the Market, where Nifty had successfully made an all time new high of 18678, along with a fresh new closing of 18618.05 Well apart from this, there is another good news, as we can now shift our support level from 17800 to 18400. Yes you've read it correctly! It's 18400. So, yes with this new support level of 18400, be...
ABCAPITAL | Looks yummy for 40-50% CMP : 144 (Dip : 130) SL : 110 Target : 210
BAJAJCON | Potentially a strong breakout ahead -Good for 25-60% CMP : 165 SL : 145 Target : 210, 265 1:3+ risk reward setup for first target
Resistance and Support Zones For Finnifty Intraday Trading Support Zones For Finnifty Intraday Trading First Support Zone For Finnifty –19150-19160 Second Support Zone For Finnifty – 19078 -19087 Third Support Zone For Finnifty – 18980 -18990 Resistance Zones For Finnifty Intraday...
Bajaj Finserv on the daily time frame has been consolidating in a box and is near a support level. The stock has been trading between both the moving averages on the daily time frame and an inside candle. Either side move can be captured in the stock as it can give a break out or break down. Down side target :- 1571, 200 DMA Up side target :- 1695, 1725 Enter...
Banknifty on the daily time frame has formed a gravestone doji on the higher levels. The market can take a retest before proceeding to create new highs. On hourly time frame, the market has tested the 20 ema and closed near the level. Banknifty is unable to sustain above 43200 level. The market has formed a double top pattern on the smaller time frame. On 15...
Nifty on the daily time frame has formed a inverted hammer candle and after touching a high of 18678 closed only 55 point above the previous close. Market opened flat and from the first hour it started trading above yesterday's high. The market reversed during the last hour of the trading session. On 15 minute time frame, nifty has again closed below the 20 ema...
GREENPANEL | Trendline breakout - Looks good for 35-50% CMP : 397 (Dip : 370) SL : 340 Target : 500, 600 1:4 risk reward setup for first target
Asian paints have completed three red crowd patterns and started small corrections. Asian paints strong support is 3052. and I think if the market breaks support it can go up to 2936. If the support is not broken, the market will move to the 3150 level. T1= 3150 ( if the market will not break support ) T1=2936 ( if the market will break support) Thank...
So, Finally yesterday, we witnessed a beautiful lifetime new high, and a 52 week high of 18614.25 in Nifty. Apart from that, just as we had stated yesterday that we have to wait for 1 or 2 trading days at least, for a beautiful confirmation of above 18500 on a closing basis from Nifty. Therefore, once again, if the index manages to sustain above this stated...
As we analysed that NIFTY might see rejection from 18600, we saw exact rejection from 18600 and fell subsequently over 100++ points, we might even see a gap down opening tomorrow and we might again see NIFTY being rejected at the yesterday’s high at the same level hence we might see a sideways to negative market tomorrow
Banknifty on the daily time frame has given a bullish moment after a gap down and closed almost flat gaining 36 points. On the hourly time frame, the market crossed the 20 ema after a gap down and closed near the levels. The market whole day traded around the 20 ema (15 minute time frame) and closed below the moving average. Support :- 42950, 42770,...
Nifty on the daily time frame has formed a bullish engulfing candle and touched its ATH. On the hourly time frame, the market tested the 20 ema and from the first hour remained in the buying side. The market after touching the ATH retraced closed only 50 points higher. Even, on 15 minute time frame, the market tested the 20 ema and closed below the...
So, finally on the last trading day (Friday) we had observed a closing of above our stated crucial Resistance level of 18500. However, since this closing of just above the stated level is somehow not enough to conclude as of now. Therefore, it will be suggested to wait for another 1 or 2 trading days for a much positive and stable closing of above 18500. So...
Bank Nifty Cmp 42984 dated 25-11-2022 1. Dark Cloud Cover Candle @ top of the chart Sell only below 42850 for target 42500-42350-42000 SL 43200 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...
Eicher Motors Cmp 3414 dated 25-11-2022 1. Fridays Candle has Engulfed last 4 days candle. 2. RSI reversal & BO. Buy above 3425 for target 3450-3500-3550-3600 SL 3350 (closing basis) 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...