Following the global cues we can expect a gap down opening as of now and the next veey emminent support we can witness is at 41400-41500 level hence we can remain bullish despite the gap down opening as we might see a strong reversal if BANKNIFTY opens around those level, if banknifty tends to remain below 31350 level then we might see a negativw to sideways...
Just as we had stated yesterday, about the doji formation on the day and weekly chart pattern and about its indication for cautiousness. Likewise, we witnessed the same in yesterday's trading session itself. Where even after a beautiful gap up opening in Nifty we had observed a significant supply pressure in the Market. However, the overall market sentiments...
Nifty after a gap up remained for selling and closed 45 points lower. The markets are still volatile as its unable to closing convincingly above the 18200 level. There is a downtrend formation on the hourly time frame, and markets have closed below the 20 ema. Even on the smaller time frame, the markets have taken resistance from the moving average and closed...
Banknifty on the daily time frame has again given a hanging man doji. The markets are still indecisive. The markets are unable to carry on the trend and momentum can be seen tomorrow as there is weekly expiry. On the hourly time frame, the market tested today's opening price and there was a nice sell off during the last hour. There was a support from 20 ema on...
NSE: TATAPOWER is closing with a strong volume spike Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days. The stock has been consolidating for the past few days and moving along the trendline which is indicating demand. One can look for a 8% to 12% gain on deployed capital in this...
Good Morning! On observing the current chart setup, we can clearly see the formation of a Doji pattern, both on the daily as well as on the weekly chart. Which is somehow indicating cautiousness among the Market participants. So, as of now it will be better to suggest to be stock specific with the stated support level of 17800 on closing basis. Apart from...
Please keep these all time crucial levels of support and resistance for NIFTY in you notice. It will help you a lot
The global markets are showing some positivity and hope that Indian market too will show a gap up opening. SGX nifty is trading around 18400 levels and there is a possibilty to make new ATH. Nifty on the daily time frame has given a dragon fly doji and closed above 18200 levels. In the last trading session the market has filled a gap and on the hourly time...
The chart is self-explanatory. upside potential > 20% TREND ANALYSIS + BREAKOUT + VOLUME ANALYSIS + ADVANCE CONFIRMATIONS Disclaimer: This is for educational purposes only. This is not buying or selling recommendations. I am not SEBI registered. You can check the link for related ideas.
head and shoulder pattern formation waiting for breakout & volumes may retrace after breakout targets are huge only for long term investment
Banknifty support and Resistance For Intraday Trading Down Side Targets For Banknifty / Support Zones For BankNifty Intraday Trading First Support Zone For BankNifty – ( 41415 – 41445) Second Support Zone For BankNifty – ( 41057 – 41092 ) Third Support Zone For Banknifty - ( ...
Inverted Hammer is form near resistance in SOLARINDS. if on daily timeframe red candle is form in next trading session then this stock will be more bearish in upcoming days. if it will break the resistance zone and sustain above then only thinking for buying this stock for swing trading. as of now looking bearing.
AXS has been in a downtrend for a long time, if I assume the trend reversed because BINANCE:SOLUSDTPERP got in an uptrend similarly. AXS might be too. I will open my long at near 9.65 with less capital and it price goes lower to retest the support near 8.5 I will put all my capital for a target of 11 to 12 and stoploss of 8.
According to my analysis, UNFI has shown a 15% correction in the current uptrend. I opened my short at 6.67 and have a target of 6.3 and stoploss of 6.8. I am not a pro trader this is just my idea of the trade. Happy trading.
Usdchf sell now @ 0.99584 Stop loss 1.00589 Target one 0.98580 Target two 0.96700 Trade based on pure price action ✌️✌️✌️✌️
Good Morning, Just as we have been stating that above the level of 17800, Nifty is ready for a new high. Likewise, we are witnessing the same. As so far, after crossing over the stated level, Nifty has beautifully managed to achieve its target of 18100. Also, somehow the good corporate numbers have been supporting the Market sentiments. So with this and with...
PVR | Simple trendline breakout - Looks potential for 20% CMP : 1830 (Dip : 1800) SL : 1700 Target : 2200 1:4+ risk reward setup
Waited for the symmetrical triangle to break in the previous post. But it didn't break but instead formed a right angle triangle. Should have taken a trade at the close of the candle above the triangle's hypotenuse or in this case high of the inside candle.