Somehow or other, Nifty still seems to be in an indecisive mode as of now. Although fortunately just as we had stated on the last trading day about the current market sentiments being positive. Similarly on the same day itself, Nifty showed a beautiful recovery just after the announcement of the RBI policy and after crossing over our stated Resistance level of...
NSE:BANKNIFTY is currently at a level where we might see a continuation pattern forming in the near future. Focus on the levels drawn and we can expect the price action to respect them on the up / downside.
Bharti Airtel is very bullish in any time frame. The stock was trading in the range for the last one year. Last Friday it has broken the resistance and closed at all time high. CMP: 799.90 Target: 904 (13%) SL: 748 on closing basis in the daily time frame
Bank Nifty Cmp 38632 dated 30-9-2022 DAILY Chart Analysis 1. Bullish Engulfing Candlestick On Daily Chart Have engulfed 2 previous day candles. Resistance 38850 breakout above target will be at 39100-39400-39700-40200-40600 SL 37900 Support 37900 breaking below target be at 37200-36500-35500-34800 SL 38400 Bank Nifty...
Nifty recovered sharply with RBI rising its interest rates to 5.9% which is a increase of 50 basis points. Now that nifty has showed strength from lower levels of 16800 and moved swiftly to 17150. And halted around those levels. Here nifty is at a crucial juncture where it can break the 17156-17327 gap and move higher or continue to go sideways in range of...
Bank Nifty Cmp 38632 dated 30-9-2022 Weekly Chart Analysis 1. Hammer Candle On weekly Chart 2. Candle active above 39230 Support 37900 breaking below target be at 37200-36500-35500-34800 SL 38400 Resistance 39300 breakout above target will be at 39800-40600-41200-41800 SL 38000 Disclaimer : I am not a Sebi registered Analyst so please do your own...
Yesterday NSE:NIFTY had a gap down open, then went below previous day's low and then the sudden buying spike took it all the way up above the previous candle's high and managed to close engulfing the previous candle's body, Classic Bullish Engulfing pattern was formed. The next day will be the confirmation of the pattern. Bullish engulfing is a Reversal...
Bullish engulfing pattern with higher than average volumes and a breakout. Expect 5 to 10% quick up move.
Bitcoin on the weekly time frame has given a bearish moving averages cross over and has been consolidating in the previous weeks range. The market is consolidating in a Box pattern. The market are in a bearish trend as Dow has broken its 29000 level after taking resistance from its weekly 20 ema and closed below its 200 ema. Global markets are negative and the...
Kotak Mahindra Bank Bullish Engulfing Bullish Engulfing in Support line bullish may continue for short while... Price may go upto 1890 in short while.
NSE: TVSMOTOR is closing with an bullish hammer swing reversal 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...
FLUOROCHEM: Parallel channel analysis #WondersOfPC -Took support at Mid line of PC-A for retesting -Opening above the recent close, will lead to touch upper line of PC-A, which it missed earlier at P2 -Strong confirmation can give us a target of Breakout of PC-BA -Earlier candles have tested the lower levels of PC-A at point P1 while breaking out PC-B -If the...
Once again, we got to witness approx 400-450 points movement in Nifty in a single day, yesterday. Where after a beautiful gap up opening, we had seen a huge selling pressure in the Market. While on the other hand, some of the stocks, on a positive note are again indicating a price correction. Just as we had stated yesterday as well, as of now Nifty is behaving...
Nifty has given another negative candle and couldn't hold on to 17000 level. After the initial gap up the market remained negative and closed almost flat. On the hourly time frame, the market took Resisitance from its 20 ema. The market for 2 days had remained in the same range and in the coming week market can give some retracement before continuing the...
NSE: POLYCAB is closing with an bullish swing reversal 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: DRREDDY is closing with an bullish consolidation breakout 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...
Bearish View on BANKNIFTY So You Need To Do Short Sell Don't Buy Call Options You Need to Sell Call Options And Buy PUT Options 🔥Buy @38000 SEP 29 2022 @ 180 😎TARGET - @360 😎TARGET - @360 ☠️STOP LOSS - @100
Good Morning! Currently, Nifty (16k,17k,18k) is somehow behaving like a teenager (16,17,18) behaves in the Festival Season. Full of volatility - emotionally and psychologically. Where after by a gap down opening of below our stated level of 16940, we saw an unsuccessful attempt by Nifty to cross over the stated level. Followed by a closing of near to the opening...