Banknifty on a daily time frame, has given a nice bullish marubozu candle and has closed above the resistance level of 35k. There was a nice up move in the market. Even after the initial gap up there was positive sentiments in the market. Banknifty has taken resistance from its 200DMA and has closed just below the moving average. On 4 hour time frame, it has...
In Tata Motor hourly time-frame bullish Engulfing pattern was formed. SL mentioned in the chart. 1:1 target achieved.
In horly time-frame of Hcl Tech hammer pattern formed. SL mentioned in chart. 1:1 target achieved.
In wipro hourly time-frame there was a formation of hammer. SL mentioned in chart. 1:1 target achieved. Divergence are positive.
Good morning In the Last week, Nifty took a beautiful support at the level of 15850 and had given a beautiful weekly closing, which altogether is somehow indicating a beautiful rally in Nifty in this week. The level 16300 will be an immediate Resistance, closing above which we can face a crucial Resistance at 16700. As of now, cherry picking will be a good...
In sgx nifty shooting Star pattern is formed. Also there are negative divergence. Wait for confirmation candles. SL is mentioned in chart.
As we analysed NIFTY took support exactly at our levels and reversed giving more than 150++ points! Now we can see NIFTY continuing it's bull run as in smaller time frame we can also see more like an inverted head and shoulders pattern which shows the probable upcoming bull move! Till the Support is not broken we should think of buying at every dips! Next eminent...
INDUSTOWER | Simple trendline breakout with good room to rally CMP : 228 (Dip : 220) SL : 200 Target : 270++ 1:3 risk reward from dip
Good Morning! Just as we had considered yesterday to be a No Trade Day, similarly we did witness some volatility in the Market. Where after making a high and a low of 16070 and 15858 respectively on the very same day, Nifty had ultimately given us a flat closing of 15938. However, we are considering this market momentum as a pull back. For now, we are...
SHRIRAMCIT | Attempting one more time based on this trendline breakout - Looks potential for 25-30% CMP : 1795 SL : 1660 Target : 2100, 2300 1:4+ risk reward setup
Tata Motor 1 Hour timeframe there is a formation of Hammer. Wait for confirmation candle and when it breaks confirmation candle high you can trade. Learning purposes only. SL 425
Good Morning! In the yesterday’s trading session, we did witness some profit booking in the Market. Although by the end of the day, Nifty had given us a closing of just above our cautioned support zone of 15850-15950. So, as per the current scenario, it is advisable to stay cautious for today. Also be stock specific and consider today as a No Trade Day, if...
SGX NIFTY formed piercing pattern at the bottom. Also MACD positive divergence are forming. We may see positive opening tomorrow. SL is mentioned in chart.
As we analysed that BANKNIFTY might continue its weakness as we saw a trendline rejection which clearly shows the diwntrend of the BANKNIFTY and hence as we analysed we can see more than 800 points down from top and heading towards next support which is 34360 and 36500 respectively which is more like a psychological support hence any weak opening can continue...
EPL | Looks good for 15% CMP : 169 SL : 160 Target : 195 1:3 risk reward setup
NSE: HDFCBANK Time Frame :- 1 Day Patterns Name :- Parallel Channel Conclusion :- A Big Red Marubozu candle taking up resistance at the top of a parallel channel which most probably shows up a down trend as the "Relative Srength Index (RSI)" We are not responsible for any profit or loss Based on Your Own Risk this is only to Show you the Current Pattern Comment...
NSE: INDUSINDBK Time Frame :- 1 Day Patterns Name :- Parallel Channel Conclusion :- A Big Red Marubozu candle taking up resistance at the top of a parallel channel which most probably shows up a down trend as this is a weak share too show here are two breakout which show the one scenario that could be done and here we have told about the marubozu candle who dont...