Nifty has fallen in the first half of the trading session and tried to recover some points in the second half. Market on the daily chart has given a dragon fly doji and closed above 18500 levels. The market on the hourly time frame, has formed doji after doji, showing upper wick rejection. The market has started trading below the 20 ema and continuously faced...
As we can see NIFTY had been sideways throughout the day hence making it more room for fall in coming trading sessions! if NIFTY opens strong then we might see NIFTY getting rejected at 18700 levels which is a better place to short! on the other hand if NIFTY fails to sustain itself above 18600 levels we might see a good downfall in coming trading sessions so keep...
STARHEALTH | Trendline + Flag setup - Looks potential for 20% CMP : 608 SL : 570 Target : 700, 730 1:3 risk reward setup
Bajfinance on weekly chart is showing initial signs of reversal and personally anticipating a higher bottom on weekly timeframe which is also at a good fibo support zone and can potentially provide a start of formation of Weekly double bottom or (W) pattern, also stock is nearing its 200 weekly ema which has acted as good investment / accumulation zone in past....
Banknifty has been holding itself at the ATH and has formed a range of 200 points in which its trading. The market has gained some points during the last hour of the session and has closed above 44400 levels. The market is taking resistance around the round number figure of 44500. On the hourly time frame, the market has been trading above the 20 ema. Banknifty...
For the last two trading session, nifty has been trading in a similar range and has formed dojis. Though banknifty has been trading new ATH, nifty is unable to capture the previous high. On the hourly time frame, the market has traded inside the first candle and is taking support around 18600 levels. If the markets break down, gap fill trade can be taken. On the...
HDFCBANK FUT made 3 soldiers reversal pattern on an hourly chart. Could be bought with mentioned stoploss & target with very good Risk:Reward ratio. Not to be missed.
Dear All, What a beautiful day it was yesterday. Starting with a Gap Up Opening, we did also observe the Market sentiments becoming more positive. However, since there was a choppy sideways movement in Nifty for almost the entire day, yesterday. Consequently we can now also observe the formation of a Cross Doji pattern on the Day chart of Nifty, which is...
This is no doubt a fundamentally good company trading at its low while its peers are trading a their higher levels. So it can be strongly assumed that this stock may perform in the upcoming time. Reasons for which GUJARAT GAS seems to be bullish on charts at least for short term: 1. Trend line support is been taken since the beginning of the month at Golden...
As we can see despite the strong opening in NIFTY it succumbed to being sluggish to negative the whole day which means it couldn’t hold itself at given levels hence if NIFTY opens weak and could not sustain itself above 18600 levels then we can expect a downfall coming up yill 18400 levels but if it opens strong then we might expect NIFTY to reject around...
Daily Learning Day-61 Nifty Trading Plan after Doji candle
NOTE- Also check the comment section for Stock to Watch list. Stock of the Week- S-6 Stock- IRCTC 4 weeks consolidation , 2nd swing , Weekly TF Inside candle
As we can see BANKNIFTY can be seen in consolidation since last few weeks now and had been hitting resistance which is a psychological level of 44000-44150 levels making it weaker ! Hence we can see BANKNIFTY again making new all time high now hence any flat to strong opening can show blasting upmove in upcoming trading sessions so keep watching everyone and make...
Banknifty has been trading in a range and has closed near the resistance level. Market has formed a dragon fly doji and if the market crosses above the resistance levels nice upside movement can be seen in the coming week. For last 2 weeks market has been consolidating in a 600 points range and taking support from the 20 ema on the daily charts. In the coming...
Daily Learning Day-61 Nifty Chart Analysis and Price Action Learning
Daily Learning Day-60 BankNifty Weekly Chart Analysis. Road to All Time High.
You can buy these snacks for following reasons : 1) Weekly Timeframe and Daily Timeframe have both tested structure 2) 4HR has tested it's structure and printed bullish candle as confirmation 3) All Timeframe is aligned
Stock swing can be can taken for following reasons : 1) Stock has tested weekly structure 2) Stock has also tested daily structure 3) 4HR structure is also in bullish structure