Ambuja Cement is taking support from a trendline formed on Daily time-frame. You can go long once you see a strong bullish candle on Daily time-frame / 4H. Place the stop-loss below the trendline and targets according to your analysis. Note : There could be a chance of failure of the price to go bullish because the stock is trading below its 200 EMA (1d...
Shiba is trading at ideal support zone at the starting point of wave cycle, but to confirm low/support in place and bullish reversal, we need to see a recovery at least back to 0.00001435 area and more strong above 0.00000200 area. (One can go long after these confirmations) on the way down 0.00000450 levels are major support to watchout for. As per Elliott wave...
NSE:AUBANK #AUBANK triangle can be seen rejection from support. Happy LEarning !!
Stock has corrected and reached a key support level which is a confluence of white pitchfork top, yellow channel bottom, AVWAP and 61.8% fibo........stock has made a morning start bullish pattern in weekly chart.......further up move is visible
MSUMI | Small range breakout - Looks good for 15% CMP : 64 SL : 61 Target : 73 1:3+ risk reward setup
RADICO | Trendline breakout - Looks potential for 15-18% CMP : 873 (Dip : 845) SL : 820 Target : 1000 1:3 risk reward setup
Banknifty has formed an engulfing candle. It remained in bull trend after and initial gap down and gained 500+ points from days low. On hourly analysis the markets remained in a uptrend and closed above 33500. On 15 minute time frame, the moving averages are close and it has closed above the EMAs Support:- 33520, 33210 Resistance:- 33750, 33970-34000 Wait for...
It is looking like to give a strong breakout, although trading on life highs and it is very painful to see a breakout which is not good for entire markets trendlines indicating where it can go up to
Good Morning! As per the ongoing scenario, it seems that the fight in between the Nifty levels is still on. Wherein, a Doji formation at the current levels, is somehow once again indicating an indecisive mode in Nifty. However, with an immediate support of 15700 on a closing basis, we are expecting to witness a jump in the index for the levels of 15850-15950....
Nifty has taken a nice support from its monthly 20 ema. Nifty has fallen around 5% this month. Nifty has formed a confusion candle on daily analysis. The market closed below its hourly 20 ema. And the trend is still not defined On a smaller time frame the market closed below its 20 and 200 ema. Support:- 15690, 15625 Resistance:- 15850, 15780, 15920 Wait for...
Short Below 0.2320 Target and Stop Loss given in the chart Happy Trading
Good Morning! It’s again back to back a second day where after a Gap down opening by Nifty, we had witnessed a recovery in the index during the day. However, unfortunately despite its attempt, the index was once again unable to give a closing of above its crucial Resistance level of 15850 yesterday. So, as of now we are still with our words that a stable...
NSE:ASHOKLEY #ASHOKLEY TL BO, marked the chart with TL and Support, good above 146, chances for a pullback, Post confirmation of sustainability chances to give good momentum.
DJIA shooting star pattern confirmation. For learning purposes.
Nifty after an initial gap down tried to rally and took resistance from its 20EMA. The market closed around its hourly 20 ema and the support level of 15780. Nifty remained in an up trend and crossed the resistance levels. In the final hour of the trading session the market pulled back around 70-80 points. On a smaller time frame the market is stuck between its...
Nifty after an initial gap down tried to rally and took resistance from its 20EMA. The market closed around its hourly 20 ema and the support level of 15780. Nifty remained in an up trend and crossed the resistance levels. In the final hour of the trading session the market pulled back around 70-80 points. On a smaller time frame the market is stuck between its...
Good Morning! A beautiful recovery was observed from the lower levels of Nifty, in the yesterday’s trading session. Although, unfortunately the index was unable to give a closing of above 15950. Therefore, just as we have mentioned earlier, a lot of resistance can be faced at around the levels of 15850-15950. Thereby, for the short term, be cautious until Nifty...
Banknifty opened around the level of 33580 and consolidated whole day. Banknifty is weaker than nifty and have closed below its 20 DMA. The market consolidated around the 20 ema on hourly time frame and in the few minutes crossed and closed above it. On 15 minute time frame, it closed around 20 ema. Support:- 33520, 33450, 33210 Resistance:-33700-50, 33954,...