Good Morning, Just as we had stated yesterday, that most probably the Market is getting ready to reach the levels of 18100, similarly we are being able to witness the same. As it was a good day yesterday, since after a gap down opening in Nifty, the index has managed to show us a good recovery in its levels by giving a positive closing for the past 2...
today though NIFTY opened gap down today, it recovered till yesterdays high showing the strength in the market but it closed around yesterday’s high making it look more like an inside candle scenario hence showing a possible accumulation of strength and break of the high would break the yesterday’s candle’s high too and there are possible chances of the bull run...
PEL | Trendline + RSI breakout - Trying to capture 22% (Fib) CMP : 2775 (Dip : 2700) SL : 2550 Target : 3430 1:4 risk reward setup
PEL | Falling wedge + Trendline support - Potential for 20% CMP : 2400 (Dip : 2300) SL : 2200 Target : 2600, 2900 1:3 risk reward setup
JYOTHYLAB | Looks potential for 25-30% CMP : 190 (Dip : 180) SL : 170 Target : 235 1:4 risk reward setup Weekly time frame chart - safe players keep in watch list and take the entry after seeing the Weekly candle close.
PDMJEPAPER | Channel breakout - Potential for 25-40% CMP : 45 SL : 40 Target : 58 Almost 1:3 risk reward setup (Based on Fib)
Banknifty after a bullish engulfing candle gained a nice momentum and closed above 39000 level. Banknifty remained strong and gave a nice momentum in the last hour. There is still a bullish move in the market and can remain in green for tomorrow. The market has closed around the hourly fibonnaci level of 0.618. On 15 minute time frame, there is bullish moving...
NSE: FACT is looking to breakout out from the consolidation range. Today's volumes indicate a huge demand and should move to previous swing highs in the coming days. The stock has been in a accumulation phase over the past few days supporting the upmove. One can look for a 9% to 13% gain on deployed capital in this swing trade. The view is to be discarded in...
NSE: GARFIBRES has broken out from the consolidation range. Today's volumes indicate a huge demand and should move to previous swing highs in the coming days. The stock has been in a accumulation phase over the past few days supporting the uptrend. One can look for a 8% to 11% gain on deployed capital in this swing trade. The view is to be discarded in the...
Nifty Prediction for Intraday 24 August NIFTY 17625 can rally to New day high cmp 17575 Path 2 going on probably
NSE:SUNPHARMA #NSE:SUNPHARMA trading @ Demand Zone. Shared my view as per the request from our TV friends, All the levels shared to our friends who request me.
📊 Script: PRESTIGE (PRESTIGE ESTATES PROJECTS LIMITED) 📊 Nifty50 Stock: NO 📊 Sectoral Index: NIFTY REALTY / NIFTY MIDCAP 100 📊 Sector: Realty 📊 Industry: Residential Commercial Projects Key highlights: 💡⚡ 📈 Script is trading at middle band of BB and taking support of middle band which is SMA20. 📈 Already crossover in MACD. 📈 Already Crossover in Double Moving...
Jubilant Food Cmp 581 dated 23-8-2022 1. Bullish Piercing Candlestick 2. Trendline Support 3. RSi Divergence Buy for a tgt of 590-600-615-630-650 SL 555 It is just a view, pls trade at your own risk.
SBI making bullish engulfing trading above 50EMA can buy above 520 for trading purpose target can be 542 with sl 504 do your own research
Another reversal pattern at important juncture, It seems like profit booking has occurred at supply zone. Evening Star formation : The support holds at low of first candle and same level has been tested today 17300-350 level is the point of the control zone , it has maximum volume spread. Price pattern has created a confluence zone , It would act as...
SHANTIGEAR | Cup & Handle breakout - Looks potential for 25-30% CMP : 210 SL : 190 Target : 270 Almost 1:3 risk reward setup
DAAWAT | Cup & Handle setup - Yet another opportunity in this counter for 20-25% CMP : 98 (Dip : 95) SL : 85 Target : 120 Almost 1:3 risk reward setup
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...