As we can see despite the strong selling pressure NIFTY managed close itself above making a new ATH. This shows the immense bullishness which sustained chart structure. Hence any weak to flat opening leading to break of previous day high could be a great buying opportunity for at least 69-100++ points and 500++ points in coming trading sessions so plan your trades...
NSE: SOLARINDS is closing with a bullish consolidation candle supported with volumes. Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days. The stock has been moving along the horizontal support for the past few days which is indicating demand. One can look for a 10% to 15% gain on...
As we can see despite the strong opening, BANKNIFTY managed to get rejected exactly from our given levels as analysed in our previous analysis. Now we can expect BANKNIFTY to remain sideways to negative till it maintains itself inside the given range and would only turn bullish if breaks above our given levels so plan your trades accordingly.
Market falls from nifty’s new all-time high that is 22249 level and Bulls lose its winning streak in the market. Nifty formed shaven head candle on the daily chart which indicates participants are selling from higher level. Nifty has formed Bearish Engulfing Pattern on daily chart which indicates trend reversal. We may see further weakness in market. Nearest...
NSE: JSWSTEEL is closing with a bullish consolidation candle supported with volumes. Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days. The stock has been moving along the horizontal support for the past few days which is indicating demand. One can look for a 8% to 13% gain on...
As we can BANKNIFTY despite its weak opening showed strong upmove breaking the cognitive dissonance that was created by making doji candle in last few trading sessions which was very well analysed in our previous analysis wherein we expected this strong upmove. Now it can be seen closing at important level as following the previous structure it can be seen it has...
The stock is trading in a strong uptrend Today it witnessed a long awaited breakout from consolidation of almost 40-42 trading sessions the breakout took place along with helthy volumes as can be seen marked by a a semicircle 139-142 could now act as a strong support area with medium term perspective and with that into consideration a decent upmove likely in this stock
FinNifty today remained in a tight range after a gap up opening and has closed around a crucial level. Now, the resistance levels is today's high, wait for the market to breach this level. Entry in bullish trade can be made. If the market consolidate after a slight gap up/down opening, while giving a break out of the level in the second half can give nice trending...
Banknifty has formed a nice bullish candle on the weekly charts and closed 750 points higher. The market remained in a range for a while and gave a nice break out during the previous week. In the last trading session market tried to clear the resistance levels of 46600 but couldn't clear the same and closed around 46400 levels. Major resistance levels :- 46580,...
Inside candle bar trade + Triangle breakout + Weekly Bullish candle Small trade: Entry: 1968.80 Target: 2073.40 SL: 1948.50 (Time: 1-2 Week) Big target: 1968.80 Target: 2290 SL: 1808.50 (1 month) View for educational purposes
NSE: PRIVISCL is closing with a bullish consolidation candle supported with volumes. Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days. The stock has been moving along the horizontal support for the past few days which is indicating demand. One can look for a 16% to 22% gain on...
As we can see NIFTY can be seen forming more like a double bottom pattern with previous rounding bottom being smaller than previous bottom which shows bulls are stronger as they are not letting bears break their lows hence it can seen NIFTY trading at important neckline of the pattern hence why closing above the given pattern could show another mind boggling move...
Confirmations:- 1] Order block entry 2] market stucture shift 3] abcd pattern 4] w formation 5] selling trend continuation Target confirmations:- 1] order block level RRR:- 1:5.5
We're examining the DYDXUSDT pair for a potential long position, guided by technical analysis on the daily chart. The price action has settled into a consolidation pattern, making a strong base around the 2.979 entry point. This area has acted as a springboard, sending price action upwards with increasing momentum, as indicated by the recent green candles. The...
Previous Long term resistance of 1380 has now become the support level for SBI LIFE. When a resistance turns into a support it adds more confidence to the upcoming trend. Currently we can see a breakout from a descending triangle pattern in the daily Time Frame. Currently a good HH and HL is observed in Daily Candles there fore we can expect further movement...
In the Weekly Chart of PAGEIND , we can see that, it has made a Hammer candle. Enter on breaking the candles High with low as SL and go very long for an year.
In the Weekly Chart of CAMS , we can see that; it has respected the Inverted Head & Shoulder. Enter on breaking the red candles High with low as SL.
In the Weekly Chart of BAJAJFINSV , we can see that, even after the breakdown, the selling is not strong. It has made a Halt candle, Enter on breaking its high with low as SL.