Dear All,
We can now observe a Doji formation on the chart of Nifty here at upper level. Which can give a pause to this rally as of now. So in such a situation, we might get to witness some pull back in Nifty.
But again the overall market sentiments is quite positive. Where the support levels of 18700 and 19200 will be very crucial for us.
In the...
Banknifty has formed a perfect doji on the daily time frame and has closed 150 points higher.
On the hourly time frame, the market was volatile in the second half.
A single hour candle tested 45650 levels and closed around 45300 levels.
On 15 minutes charts, market closed below the 20 EMA in the morning hour but came back proving it a fake down. And finally has...
Another fap up day in nifty. Today market on remained volatile and has formed a dragon fly doji.
The market has closed gaining 66 points and has consolidated whole day, closing near the opening price.
On the hourly charts, market remained in the first hour candle and gap filling trade was there in the first hour.
Nifty has been respecting the 20 EMA, on 15...
Dear All,
As per the chart of Nifty, the Index is currently trading in an open territory. Where it had also made a New High of 19345, yesterday, along with a closing at the upper level.
So, as of now, considering these factors, specially the fact that Nifty is trading in its all new horizon now, we are still our words to remain cautious here, with the...
XAUUSD looks good to buy on retest zone. Reason for trade, W pattern formed at bottom of trend Lower high is also broken this confirms trend change on smaller timeframe. Trendline is broken and RSI is also strong.
MAZDOCK is taking support at 1240 support and make strong bullish candle with high demand.
It has high potential to touch 1325 price.
Target price :- 1325
Stop loss :- 1160
Gujgas Ltd Cmp 470 dated 28-6-2023
1. Bullish Engulfing Candle @ Support
Buy above 472 target 480-487-495-505 SL 458
It is just a view, please trade at your own risk.
Buy Infosys above 1339 Target 1364,1383 SL 1300. Reason for trade, RSI is strong, latest candle has closed above the high volume selling candle of 23 May. Also price is trading in Gap so it will try to fill the gap.
Please note, I am not SEBI registered advisor, this is just my view and is for educational purpose. Please consult your financial advisor before...
Dear All,
We can start this New Month on a positive note, as finally Nifty is at its Fresh New High as per the Daily, Weekly and Monthly Chart Basis.
On the Monthly basis, we have observed the beautiful effect of a Morning Star Doji pattern which was seen on the chart of Nifty in the Month of April. Consequently, both May & June had turned out to...
A bullish candle on the weekly time frame, show some positivity in the indian markets and the indices are forming new ATH.
Banknifty has given a nice movement and closed n around 44750 levels. It has been giving gap up and momentum after even the gap up.
On daily charts, market has crossed the 20 ema and given nice momentum of 1100+ points in previous...
Apollo Hospital has reacted from the pro gap with a bullish candle (engulfing pattern) and taking off from EMA 8 in DTF.
Entry to be taken at breakout of the Pro gap >= 4390
Stop Loss near = 4260
Target 1 = 4771 ( P/L 2.5:1)
With other targets as marked in the chart.
NSE:APOLLOHOSP
The investment is short term.
As we can see that after much of consolidation BANKNIFTY finally broke out of the range towards its new ALL TIME HIGH which we had been analysing for quite some time now hence we might see more of new highs coming up in both of index before finally hitting a psychological level and getting rejected from there so keep watching everyone
Presently, Sun Pharma is looking good for short-term trading. In the last trading session, the bullish candle has given the breakout of the inside candle and trading above 14 days EMA. And, MACD turned positive.
Disclaimer - I am not a SEBI-registered technical analyst and advisor so contact your financial advisor and make a self-decision. I will not be...
In the Monthly Chart of ATGL ,
we can see that; this stock has been corrected more than 80%.
It is inside a Candle since 3 months.
NOW, it has made a Doji candle in monthly timeframe.
It can form a Doji Morning Star Candle Pattern in Monthly TF or it can fail and we will a new Low's in coming time.
