DJIA breached the falling trendline resistance & 50 WMA but can't hold above it, formed shooting star & evening star pattern near critical resistance and falling down. Now 29890_29400 will be next support zone where 200 WMA too converges. Below that, there is a unfilled gap zone in between 28902_28495 which may act as support.
Bearish sign: 1. At the strong resistance level of 680 (which incidentally has 7.2 lakhs Calls written), a copy book Evening Star bearish pattern appears. 2. The COI (cumulative open interest) is reducing. 3. In OI chart, lots of PUTs are unwounded in the immediate support level of 650 (1.2 lakhs PUT unwounded). Only concern is: Volume does not pick up. RR: 1:1
RS positive medical field stock with price entering into 52 week high zone with good volume. capex expansion. leader in cannula supplies globally.
Apollo Hospital Cmp 4428 dated 14-9-2022 SELL 1. Shooting Star Candle (Bearish) 2. Open & Low same ( Bearish) 3. Trendline breakdown @ 4400 Sell below 4400 for target of 4325-4240-4150 SL 4520 Disclaimer : I am not a Sebi registered Analyst so please do your own Analysis before taking any action. The above view is...
GBPAUD Sell trade opportunities GBPAUD has broken the Support trendline and closed below with a powerful Bearish candle its a good opportunity to take a sell trade with good Risk Rewards ‘Always trade with Stop Loss
*Mid / Long Term Investment* *TRIL CMP - 47.90 Positional Setup* *Buy Range 45 - 48 / Strict Stop Loss 35* Target 1 - 60 Target 2 - 75 Target 3 - 90 Disclaimer: This is my view and for educational purpose only.
Good Morning! Once again Nifty failed to sustain above the stated crucial level of 18090 for the 3rd consecutive day, yesterday. So as per the current scenario, until the index manages to give a closing of above 18090, it will be suggested to stay cautious and follow the Sell on Rise strategy for the best. On the other hand, on a positive note even after the...
As we can see NIFTY exactly showed reversal from our given level which was 18100 and fell more than 250 points, now it is heading towards important support which previously acted as an important support and showed 300++ upside movement, now it is important to see if NIFTY sustains above 17800 but if it fails to take support at these levels then we can even see...
For Education purpose only. Looks like the Sellers are assuming higher and higher positions only to crash the Gold Market down. This idea can further be layered with the intersection of Price with the median of the Pitchfork drawn with the major edges of the Market. The upward line of Blue modified pitchfork can suggest the next possible short entry. Points...
Titan Cmp 2656 dated 15-9-2022 SELL 1. Dark Cloud Cover Candle Stick (Bearish) 2. Double Top made 3. RSI Breakdown. 4. Trendline Breakdown Sell below 2645 for a target 2590-2540-2450- 2400 SL 2725 Disclaimer : I am not a Sebi registered Analyst so please do your own Analysis...
IDFCFIRSTB is in uptrend right now from last 25-30 sessions. From last 3 sessions there was some decline observed in IDFCFIRSTB as it was trying to cross a major resistance zone of 44-46. Today IDFCFIRSTB has created a huge bullish engulfing candle which engulfs almost last three day's candles. Volume also looks good - Resistance Zone also broken so IDFCFIRSTB...
Banknifty has touched is ATH but couldn't sustain the level. Banknifty is still strong as compare to nifty. It has given a red candle but lost only 200 points on day closing. It is trading above its 20 ema on hourly time frame and taking support around 41200 levels. On 15 minute time frame, the market has closed below its 20 ema. Banknifty has given a down side...
Nifty for the last 3 trading session has been testing the level of 18100 and huge sell off came today in the first half of the trading session. The market was unable to hold the support of 20 ema on hourly time frame and closed below it. On 15 minute analysis, the market has broken the 20 ema and took support from 200 ema. Nifty has closed below 17900 and closed...
NSE:MOTHERSON #NSE:MOTHERSON formed beautiful ascending triangle.
#WondersOfPC All the Parallel Channels namely A, B, C, D & E are SAME in all respect! And today's opening with gap up is triggering the BO for PC-E Already Volume gone above 15M+ at opening session only. CMP:317 ST Target: 350, later 405 Swing trader may SL of 289 While being a good pick for LT portfolio one may add up at every dips
NSE:JINDALSTEL #NSE:JINDALSTEL shared @ 419 with T2 target of 460, yesterday it crossed T2 and made high of 468. 460 CE bags huge profits of 22000/Lot.
Once again, our stated level of 18090 has become crucial for the Market. As even after making a high of 18091 yesterday itself, Nifty had failed to sustain above the level of 18090 for another consecutive day. Whereas for now, it is being expected that Today will somehow be a crucial day. So, tighten your seat belt as today will be a 3rd day for Nifty to cross...
Banknifty after a gap down of 500 points has given a nice up move of around 1200-1300 points. An intraday rally of 1000+ points has now been a trending market. The market has given only on red candle on the hourly time frame and that too in the last hour of the day. There is an engulfing bullish candle on the daily time frame and the markets can give another...