Overall Trend : Down Retracement at least 50-60 Points in Nifty50 Entry below Shooting Star SL : 5 Points + above Shooting Star Risk Reward : 1: 2:3:4:5
Reversal from fib. golden zone on weekly time frame. Double bottom base formation breakout. Auto sector is bullish because of good sales growth. Buy trade can be initiate above 3160 with the Target of 3612 and 4040 with the SL 2810
As we can see despite a strong recovery after a weak opening, NIFTY reached the trendline and started to get rejected exactly from our given levels and lines. This shows as long as NIFTY maintains itself below the given trendline it should be a sell on rise and hence looking at a bigger holistic view! we can see NIFTY getting weak dragging all midcaps along with...
OLECTRA - BUY & T- 850-900-940+++ SL 600 add on dips..quality stock...
If nifty breaks the channel upside, it may go higher. There are supports near 19460/19470 and 19400 levels. If it takes support on this levels, it may go upside further. If nifty breaks the support level of 19400, we may see short selling about 100 points or more. looks like nifty is bullish, multiple support zones are there.
Dear All, So yesterday, we had witnessed a very beautiful momentum in Nifty. Where even after back to back 2 Doji formations, instead of showing a Reversal, Nifty fortunately took it positively and gave us an all time high closing of 19497.30 So, as per Technical Analysis, Market sentiments still seems to be positive, as of now. However, if in...
AS we can see NIFTY finally reached its final psychological level which we had been discussing about since last few weeks about the pending space that needs to be filled. NIFTY has finally filled that space and hence any flat to weak opening can show good downfall. Now as long as NIFTY remains below 19500 levels its a great opportunity to sell on rise so plan your...
Banknifty on the daily time frame has consolidated in a range for 2-3 days and was volatile in the second half of the trading session. The market has given a bullish candle at the closing and closed 190 points higher. On hourly charts, market opened below the 20 ema but reversed and started trading above it. Even on 15 minute time frame, the market closed above...
Nifty on the daily time frame has given a nice move and closed around the round number figure of 19500. The market gave a nice move in the first hour and consolidated whole in a range. During the last hour too the market gave a break out and gave a fifty points. Market is moving in a good bullish cycle of consolidation and breakout. On 15 minute time frame,...
DLF Cmp 477 dated 26-6-2023 1. Long Doji Candle @ Support Buy above 478 target 485-495-500-508 SL 469 It is just a view, please trade at your own risk.
Dear All, Once again we can see a Doji formation on the Day chart of Nifty. So, yes it is a significant indication that Nifty can take a pause from this rally. But we are still with our words that the overall market sentiments seems to be positive with the stop loss of 19200 as of now. Furthermore, every pull back can be a good opportunity ...
My View for tomorrow is if today range breakout or breakdown then Entry
Tech Mahindra coming out from 1yr resistance volume good trading above 20 ema educational idea only
Banknifty has been forming doji after doji. Market opened 160 points lower and during the first trading hour travelled both side and forming doji. On the hourly charts, market took support from the 20 EMA and closed above the levels. The market traded inside the first hour candle and consolidated whole day. The markets is holding the higher levels and is in a...
Nifty on the daily time frame has formed an inside candle and formed another doji. The market opened flat and closed near to the opening price. The market has consolidated whole day and remained in a range of 100 points. On the hourly charts, the market remained inside the first hour candle and during the closing hour gave a 50 points move. Even on the smaller...
Godrej Properties Short below 1564, SL 1574. Targets will be 1544. Reason for trade, M pattern at the top, latest candle is Inside candle, also previous candle is indescisive candle. Please note, I am not SEBI registered advisor, this is just my view and is for educational purpose. Please consult your financial advisor before taking trade. If you think this idea...
Very low risk, I m buying@ 1920 stoploss target hold till eod
in bank nifty, it creates long-legged doji In my view it will give directional moves, If it opens flat then wait for brack out if it opens a gap Up or Down I will go with trand