As we can see NIFTY broke down of a head and shoulders pattern and showed a decent fall but we can see nifty retesting its neckline which could potentially act as a resistance and can show false upmove as it has already changed its characteristcs from uptrend to downtrend in bigger time frame and hence expected to make lower lows hence unless nifty sustains itself...
HINDUSTAN UNILEVER CMP 2600 DATED 7-10-2022 SWING TRADE 1. HAMMER CANDLE AT SUPPORT Buy above 2615 for target 2650-2690-2725 SL 2575 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 for any losses amounting out of it...
Here this week nifty again recovered back from week's low of 16900 and reached 17400 on thursday i.e., on expiry day but couldn't sustain above that, and then gave a mild close in red the very next day. Now for next week we got some new levels for market to test that is the major gap that formed(17147-16887) might be tested week. And further with results season...
NSE:SAPPHIRE This is swing trade The stock has a resistances zone on a daliy time frame. Also The candles have wicks on upper side which single rejection . The target foe downside is 1335 first target and second and final target is 1232. This is for educational purpose.
MCDOWELL-N (United Spirits Ltd) is looking bullish in daily & weekly chart. CMP: 871 | Target: 1000 | SL: 825 (On closing basis)
NZDJPY Sell trade opportunities NZDJPY running in the Bearish Phase its was breakout the support level and currently its retest the resistance line and close with strong bearish candle its good Opportunity to take sell trade with the target mention in chart.
Bank Nifty is having a Bearish outlook in the short term with the formation of shooting star candle in daily time frame. We should see a retest of 10 EMA before any pause. Potential for further down move is also present if we get a decisive close below 10 EMA in the daily time frame. Predictions Charts : Bearish in short term with shooting star candle in...
TATACHEM The parallel channels drew in the chart: PC-A = PC- B PC-C = PC-D All of the four PCs are exactly of SAME width #WondersOfPC At point R, levels of 1180, candles respected the resistance of ATH, and came down towards 1030. There, the candles got strong Support of point S which is the midline of PC-C, and bounce back towards the levels of point R...
#WondersOfPC Breakout triggered on 12-09-22 with highest recent volumes and Today it confirmed the BO Short term target 670 Swing traders may put SL of 569 And Mid term target is latest ATH 800 One of strong scripts for EV and Green Fuel theme, good pick for Long term portfolio
As we can see we did expected a rejection but at higher level but nifty despite of the gap up openenin couldnt sustain itself and fell down we can expect nifty to spend some time around 16500-17500 levels before showing a unidirectional trend till then we can watch these important levels on our chart, seeing the trend we might see a bearish side coming in nifty...
Just as we had stated yesterday, similarly we did witness volatility in the Market yesterday. Where with the beautiful gap up opening at around 17379, Nifty managed to make a high of around 17428 during the day. However, it ultimately made a closing of approx 17331. Well on a positive note, Nifty had overall managed to sustain above the level 17270 for another...
NSE:GODFRYPHLP #GODFRYPHLP shared with levels and reached T1. 1300 levelsExpected , Dont forget RRR while u hold.
Bank Nifty cmp 39283 dated 6-10-2022 Daily Chart 1. Shooting Star Candle 2. will get actives below 39230 Sell below 39230 for target 38800-38500-38200 SL 39700 buy above 39650 for target 40200-40500-41200 SL 39200 Disclaimer : I am not a Sebi registered Analyst so please do your own...
NSE: PRAJIND is closing with an strong bullish momentum candle supported with high volumes. 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...
NSE: LT is closing with an strong bullish momentum candle supported with high volumes. 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%...
BEARISH ENGULFING PATTERN formed on Oct 2021 has done its destruction already. Now a SHOOTING STAR followed by EVENING STAR kind of pattern near previous high & formed DOUBLE TOP . 38760_38790 & 37580_37750 are the support zones to watch out for any bounce till 39425 / 40324. Sustain below that 35620_36100 will be the next big support zone to be looked into...
What a beautiful trading day it was, day before yesterday. Where we had witnessed a beautiful closing in Nifty, which was exactly at our stated Crucial Resistance level of 17270. Well for now, we are here with another immediate level of Support for Nifty, i.e., 17170 on closing basis, followed by the level of 16940 once again. Moreover, for today we are...
Market Outlook is clearly bullish, especially with Bank Nifty daily candle making a close above 10 EMA. Now the focus is to identify whether this trend would keep going up or have a pull back to 10 EMA again before continuing the uptrend. (Later has a higher chance of happening.) - Charts : Bullish (Crossed 10 EMA in daily chart.) - OI Data : Inconclusive...