BTCUSDTA hammer buying trade seen on 1 hour time frame
RR-1.67
This chart is only for educational purpose
Candlestick Analysis
APTUS - Spinning Top with VolumesNSE: APTUS is closing with a bullish spinning top 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 capital in this swing trade.
The view is to be discarded in the event of the stock breaking previous swing low.
#NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade
BANKNIFTY ready to fall now..?As we can see BANKNIFTY has finally shown signs of reversal from our supply zone as analysed in last previous posts. We can also see more like a rising wedge pattern which also acts a catalyst for bearishness hence any closing below the trend line with flat opening could be a good selling opportunity so plan your trades accordingly
L&T Cmp 2929 Doji Candle L&T Cmp 2929 dated 31-10-2023
1. Doji Candle
2. Excellent set of numbers
3. Good RRR
Buy above 2952 or risky traders can buy @ mkt
target 2975-3000-3050-3075-3100 SL 2850
#Earnings Update:
#L&T
Solid set with record orderbook backlog
Rev at 51024cr vs 42762cr
PBT at 4991cr vs 3936cr, Q1 at 4332cr
PAT at 3855cr vs 2819cr
Solid OCF 🔥
At 4181cr vs 621cr
It is just a view, please trade at your own risk.
KIRLOSIND - Bullish Swing ReversalNSE: KIRLOSIND 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 12% gain on deployed capital in this swing trade.
The view is to be discarded in the event of the stock breaking previous swing low.
#NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade
BANKNIFTY at make or break level now As we can see BANKNIFTY failed to sustain and remained sideways to negative throughout the day as analysed in the previous analysis ! Now if BANKNIFTY fails to break the given zone then we may again expect a negative to sideways market for coming trading session until it breaches the given supply zone so plan your trades accordingly
CUMMINSIND - Bullish Swing ReversalNSE: CUMMINSIND 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 12% gain on deployed capital in this swing trade.
The view is to be discarded in the event of the stock breaking previous swing low.
#NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade
Can we again see a rejection from here..?As we can see BANKNIFTY has been weak in the first half after opening at supply zone but it did recovered strongly in the closing hours. Now that it had again closed around SUPPLY ZONE, we can again expect some weakness in first half in opens flat to weak within that supply zone in the first half so plan your trades accordingly everyone
Nifty daily analysis for 08/11/23.Nifty has been forming gaps as there are gap up for last 2-3 trading sessions and is trading above both the daily moving averages.
On the hourly charts, the market seems to be consolidating in a range for last 2 days.
A break out can give a nice rally and nifty has more chances than the expiry index tomorrow.
Support :- 19330, 19270
Resistance ;- 19430, 19510
Wait for the market to give a break out or break down and watch for the price action near the level before entering the market.
High chances of downfallNSE:BANKNIFTY
There is a high chance of downfall, reasons:-
1. Rsi has crossed 60, and going down
2. Every bullish candles are giving a sign of bearish market
3. Double top pattern which says market will go down
Zomato Looks good this week starting 20th Feb 2023Zomato Technical Analysis for this week
moving averages indicating: strong buy
technical indicators indicating : strong buy
Technical Indicators
stoch(9,6) 65.133 buy
macd(12,26) 0.710 buy
adx(14) 41.266 buy
cci(14) 167.5617 buy
atr(14) 0.5750 high volatility
highs/lows(14) 1.6857 buy
ultimate oscillator 60.203 buy
roc 5.202 buy
bull/bear power(13) 3.1560 buy
Moving Averages (ma)
ma5, ma10, ma20, ma50, ma100, ma 200
Note: the analysis is purely for educational purpose and not for the trade on this script.
NIFTY 50, November 07, 2023NIFTY seems bullish?
NSE:NIFTY
NIFTY 50 opened with a gap-up today. The index traded within a narrow range throughout the day, but bulls managed to defend the crucial support levels.
From an options trader's perspective, the increase in open interest on the call side at the 19,250 to 19,400 strikes suggests that bulls are expecting the index to continue its upward momentum in the coming days. However, it is important to note that the put-call ratio is still close to parity, suggesting that bears are also cautious.
Overall, the technical setup for NIFTY 50 is bullish, but it is important to wait for clear confirmation of the trend before taking any positions. The fresh support and resistance levels that I have plotted on the chart can be used as a guide to make trading decisions.
I have plotted fresh support and resistance levels on the chart. Please note that it is important to wait for clear confirmation of the trend before taking any positions.
All the best!
Like and follow if you like my idea
Tweezer bottom candlestick patternTweezer bottom candlestick pattern alsoinsidecandle hints that selling has been paused and bulls are ready to move the price upwards.Follow with above mentioned levels for targets and stoploss.
"W" formed in NIFTY! Big move coming..?As we can see NIFTY has finally broken 19200 level with a strong opening and also managed to close above 19200 levels which shows the probable big move which can be expected in coming trading sessions so plan your trades accordingly.
SWSOLAR - Weekly AnalysisIn the Weekly Chart of SWSOLAR ,
we can see that; it has created a Hammer candle.
Trade with strict SL.
UPL - Weekly AnalysisIn the Weekly Chart of UPL ,
we can see that; it has created a Hammer candle on Support level.
Expected momentums are shown in chart.
EIDPARRY - Weekly AnalysisIn the Weekly Chart of EIDPARRY ,
we can see that, it has created a Hammer Candle on trendline.
Possible momentums are shown in chart.
VEDL - Weekly AnalysisIn the Weekly Chart of VEDL ,
we can see that; it shown W shape recovery from the same level as shown in chart.
Expected momentums are shown in chart.
SBIN - Weekly AnalysisIn the Weekly Chart of SBIN ,
we can see that; after A Hammer on trendline, we saw a strong upward momentum.
Expecting a pullback and the continuity in momentum.
Possible momentums are shown in chart.
ASHOKLEY - Weekly AnalysisIn the Weekly Chart of ASHOKLEY ,
we can see that; After Cup & Handle breakout, it has now retested.
We could see that it has formed a Decision making candle on Trendline.
Possible momentums are shown in chart.
A fake trendline breakdown may occurthe trendline breakdown occured but the low of the breakdown candle did not crossed,may retest or fakeout .can take entry coz huge bullish inside bar happened with strict stplossand target levels.
Maheshwari LogisticsTaking this trade during following reasons as per marked entry and exit:
1. Candle patten – Bullish engulfing
2. Chart Pattern – Descending triangle or it is also in Channel.
3. Volume – Price with big volume but no breakout yet.
4. RSI – Taking support at 40 and moving to 80’s
5. Moving average – Crossing 200 SMA
6. (Risky trade with Entry at Blue line, Stop loss as Red line and Targets Green line)
Note: it’s a Risky trade as price did not give a breakout.
Only for Educational Purpose
