As we can see and had been analysing since past few weeks that unless NIFTY closes above or below either of the levels it can remain sideways but NIFTY showed a strong closing above our given range and hence we can expect NIFTY to move further up till 18900++ in coming trading sessions so keep watching everyone
Add this stock now & sell at 100 & buy more on dips no SL
Banknifty has given a dragon fly doji candle and closed above the resistance zone of 44250. After gap up opening, market gave a fall and recovered in the second half of the market. On the hourly time frame, the market took support around 20 ema and consolidated in the mid trading hours. There was a "W" pattern, on 15 minutes charts. Support :- 44250,...
Nifty today has given a nice move and closed above the resistance zone of 18680. It remained strong whole day and gained momentum in the second half after the gap up opening. On the hourly charts, market seems to consolidate in the first half and gained points in the second half closing above 18700. Market seems to touch the high and create new ATH. Support :-...
Dear All, The back to back Doji formations at this upper level is clearly showing a fight between the bull and the bear. Even yesterday we had observed a Doji formation on the Day chart of Nifty. So, currently we have to wait for an either side of breakout above 18600 or breakdown below 18400 . In the meanwhile, continue rebalancing your portfolio ...
As we analysed in our previous post that more of downfall was coming! We did see some great downfall in the first half and filled the pending gap before finally recovering in second half! We can now expect nifty to remain sideways unless NIFTY finally breaks out of the range and moves either side hence unless it breaks either side we can expect NIFTY to remain...
Banknifty remained above 44k whole day and during the last hour gained some points giving close above 44150. Market consolidated for 4 hours and gave a nice break out. DJI seems to be flat till now and there can a chance of a bullish break out as the market has closed. Watch the global markets in market to get a clear view and trend of the market. On the...
A perfect dragon fly doji has been formed on the daily charts. Markets recovered in the last hour of the session. On the hourly charts, the market has closed above the 20 ema. Nifty fell slowlu and recovered quickly during the last hour and closed flat. The market has closed above both the moving averages on 15 minutes charts. Support :- 18560, 18490 Resistance...
As we can see despite the strong opening NIFTY failed to sustain itself and fell. We can see a gap pending which can be filled till 18500 levels which is also a psychological level and could act as an important SUPPORT hence any signs of REJECTION around those area would be a good buy with better R:R else its on bearish side as of now
MOL | Big trade just using momentum to average CMP : 87 SL : 80 Target : 105, 130
As Per the Raising Wedge Pattern if it Breaks Mother Candle Low then Pattern Will be Activated & Breaching the 43390 Level will Confirm the Downside Move, Else if Trades Above Todays High & Closes Above 44391,44500 Level then We Can See 1000 Points Rally. But Pattern is Suggesting the Reversal on Card...And Todays PA & Formation of Candle Giving Support to View..
Buy BATA INDIA 1430, for 1480/1500/1530. Bata india formed dragonfly doji on weekly charts and bounced from there. MACD showing fantastic bullish divergence which is apparently for stock to go for bounce back trade. Invalid below 1380 on closing basis
HAVELLS | Breakout - Trying to capture a 25-30% CMP : 1350 SL : 1250
Route Mobile Cmp 1365 dated 15-5-2023 1. Bullish Candle Made @ Resistance 2. Trendline BO @ 1370 3. RSO already done BO Buy above 1380 for tgt 1400-1430-1495-1545-1599 SL 1320 It is just a view, please trade at your own risk.
Mazagon Dock Cmp 770 dated 23-5-2023 1. Bullish Candle @support 2. RSI reversal Buy above 778 target 800-825-840-890 SL 740 It is just a view, please trade at your own risk.
As we can see NIFTY can be seen being sideways to negative since last two days but maintaining itself above the zone or demand zone of 18400 ! We can also see NIFTY maintaining itself above the trendline and the trendline is acting as a support hence a better entry would be around 18400 wherein signs of REJECTION must be seen around the trendline for better entry...
Dear All, We can see that the Market is currently trading in a consolidation zone. Wherein, it can be observed that there’s a fight going on between the bull and the bear at this level. However, on a positive note we did get a weekly closing of above 18400 on the Last Friday. So overall, with this positive Market Sentiment, we are still with our words...
Nifty for the last 3 trading session has been trading in a range and next week trade in nifty can give good points. On the higher levels the market has given a bearish doji candle. There can be a double top formation as the market prevoiusly reversed from 18680 levels. The market has given a rally of 1600 points in 2 months time. There will be a retracement...