As we can see BANKNIFTY rallied over 400++ points after opening strong and went sideways! Now BANKNIFTY can continue its further upmove till 48000 which is its next eminent psychological level and any signs of rejection around given levels could lead to a good fall so plan your trades accordingly
IRFC MB Break Chart Analysis What is MB Setup : A Best momentum break strategy that gives the max return under 10 days
NSE: OIL 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 12% gain on deployed...
- Inverted H&S - SL Small - IB BREAKOUT- - Low Risk - VOLUME Contraction
As we can see despote the weakness BANKNIFTY managed to RECOVER close to ending up in green and has formed more like double bottom pattern showing signs of strength hence if BANKNIFTY beaches the levels mentioned and susatins itself above the given level then we can see a new ATH for BANKNIFTY so plan your trades accordingly
CLEAN | Looks bottomed out - Trying to capture the reversal 30% short term CMP : 1500 SL : 1300 Target : 1950, 2650 1:3 risk reward (First target)
NSE: SFL is closing with a bullish consolidation breakout 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 12% gain on...
As we can see BANKNIFTY got rejected as analysed and fell unidirectionally despite the inverted head and shoulders breakout which was pretty easily assumed by many hence it was bound to fail hence we may expect more of downfall to create panic for buyers hence every rise could be selling opportunity so plan your trades accordingly
NSE: KTKBANK is closing with a bullish swing reversal 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 11% gain on...
TATA ELXSI Looks like consolidation phase over, ready for new High
As we can see BANKNIFTY did showed strong up move as we analysed by failed to sustain above our given level and fell eventually which signifies BANKNIFTY is not able to hold itself in its higher levels so we may expect some rejection from here so plan your trades accordingly
NSE: RITES is closing with a bullish consolidation breakout 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 14% gain...
Namaste! Wipro has been sold off (down 47% from the ATH) because of technology sector (NASDAQ 100) being selling off since the start of the year. Buying good companies at a discount is always a good idea. So, I see a very good investment opportunity in this stock. Remember, investing is different from trading. There are only two scenarios in my opinion, either a...
As we can see despite the rejection in bigger time frame, it managed to recover almost till its ATH close on it. Watching it on a smaller time frame we can see it being in a inverted in a head and shoulders pattern which shows further uptrend hence any closing above last trading day could show huge upmove so plan your trades accordingly.
A great opportunity to enter long after the presence of this clear morning star after a small retracement in the uptrend in daily chart But in trading nothing works 10 percent .so,a decent stop loss in place.
This analysis was based on the symmetrical triangle pattern after a long period of order building the market was sideways for too long leaving the candle stick pattern in the triangle pattern which usually has a breakout but since it was New York opening hours and the weekend the movement in the market was so aggressive that the sell was very profitable...
NSE: SHOPERSTOP is closing with a bullish momemtum 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 15% gain on...