Good Morning!
Gladly, yesterday itself we had restated about the overall Market sentiments being positive and on the very same day we got to witness a good stock specific momentum and a recovery of almost 158 points in Nifty, on a closing basis.
Well as of now, we are still with our words, that the positivity in the Market will be boosted once we get a stable...
As we can see one strong upside move has been seen in BANKNIFTY and is expected to continue further if there is any flat to strong opening! We can expect an one sided rally of 300-400 points if sustains above 37000 tomorrow so keep watching everyone
Good Morning!
Just as we have been stating about the Market facing a Resistance at around the level of 16700. Similarly, a strong resistance is being observed near the stated level, these days.
Also, as we have already mentioned earlier, this is a Result Season, and in the meanwhile we have to stay cautious. However, with the level of 16300 as support, the...
Nifty has closed below its 200 DMA and has taken support from its 16480 level.
On hourly time frame, looks bearish and can remain bearish on a smaller time frame.
A perfect bearish trend is being formed on 15 minute time frame and market has closed between 20 and 200 ema.
support :- 16324, 16485
Resistance :- 16680, 16825
The market can remain bearish and can...
Banknifty on daily time frame has formed en evening star pattern.
The market has taken a halt after a nice movement.
On an hourly time frame analysis, market has closed below its 20 ema and has closed near its day low.
The market on a smaller time frame looks bearish.
Support :- 36285, 36075
Resistance :- 36475, 36900
Wait for the price action near the price...
As we analysed this since past week that nifty is trading at resistance and hence we can expect some rejection and down fall from here. Till then NIFTY fell for more than 250+ points in just 2 trading days but is heading towards important level of 16300-16350 which previously acted as a strong resistance and bull run was seen can now act as a good support and...
NZDCAD SELL trade opportunities
NZDCAD currently bearish trend and is expecting to break out if it closes below the support area with a very strong Bearish candle then the market will be further moving into a bearish phase after confirmation of a breakout wait to retracement then enter in sell trade with a very good risk rewards
"Always trade with Stop Loss"
Good Morning,
Just as we had stated yesterday itself, about booking profits till the time the market is near 16700. Similarly, a great deal of profit booking was observed in the Market yesterday.
As of now, with the support of 16300 continue following the Cherry Picking Strategy.
Be Stock Specific and stay Cautious as a weekly closing of above 16700 has now...
AS we analysed that we might see bearishness tomorrow and we did see an one sided downside movement though opened a gap down! as per the given analysis NIFTY can remain sideways to bearish for upcoming trading sessions till 16800 it can show some bullish move in intraday but is expcted to close below 16800 by the end ! the confirmation for bull will only be...
Banknifty has formed a doji on daily time frame and closed on negative to flat.
Market has taken the support from the support level and remained above its 20 ema on hourly time frame.
On smaller time frame (15 minute), market traded around its 20 ema and closed just below it.
Support:- 36475, 36285
Resistance :- 36900, 37160
Market has taken a resistance from...
Nifty has formed a doji on a higher level and closed 90 points down.
On hourly time frame, market closed above its 20 ema.
The markets has halted and on 15 minute time frame closed below its 20 ema.
support :- 16590, 16485
Resistance :- 16680, 16825
The market is in a sideways phase. Market may remain sideways for tomorrow.
Wait for the price action before...
NSE:PARAGMILK
The stock is at very important level .
The stock is at resistances daily level which it will break we can see a great upside movement . of 110
As we can see a engulfing candle and a dojji
if it breaks down it will then also there will move . till 72
This is for educational purpose
Good Morning!
Just as we had been stating about our positive expectations to witness the level of 16700 in Nifty. Similarly, we did observe a closing exactly near the stated Resistance level on the last trading day. Moreover, along with observing a good stock specific momentum in most of the stocks, we have also beautifully covered the journey from 15300 to...
Birla corporation looking good on weekly chart break falling resistance line and closed up, it is looking alike that perfectly bounced from its support zones or demand zones
Cause of long-:
1- Falling resistance line breakout
2- Bounced from demand zones
