1. Bearish Engulfing Bar occured at S/R zone. 2. EMAs acts as resistance. 3. Fibonacci Retracement 61.8%. 4. MACD Divergence occured.
1. Pin bar occured at S/R zone. 2. MACD Divergence occured. 3. Note that pinbar occured at Big Round number.
1. Bearish Engulfing Bar occured at S/R zone. 2. Fibonacci Retracement is at 61.8% 3. MACD divergence occured.
1. Bearish Engulfing bar occured at S/R zone. 2. MACD Divergence.
1. Pinbar occured at S/R zone. 2. Fibonacci Retracement correctly placed at 61.8% 3. MACD Divergence. 4. Big Round Number 800.00
As we can see amazing recovery was witnessed from the trendline as analysed despite nifty being weak in smaller time frame but a holistic view showed that NIFTY was heading towards trendline support and we were prepared for this upmove hence we can see more space for NIFTY to further continue the rally till 18900 which is its next resistance so keep watching...
Axis bank breakingout from rounding bottom weekly basis looking good for mid to long term trading at ATH above 20 ema should wait for retest educational idea only
Asianpaints is brekingout a rounding bottom WCB weekly volume is good RSI hott🔥 good for mid term expecting 3500+ educational idea only
A nice expiry this week and a good reversal too. Banknifty on the weekly expiry has given a very nice move of 500+ points and the option premium took a toll from the first hour. Though, the market has formed a Harami pattern(bullish reversal) on the daily charts and a dragon fly doji on the weekly charts. For last 3 weeks, it has been closing in a range of 400...
One fall another day a good point make up. Nifty is just around its ATH. Is it going to break past the ATH as Banknifty or will still take time to break through the major level? A very bullish candle and close, on the weekly charts, shows some strength in the market. Nifty has traded stronger and has sustained above 18800 levels. The bullish move is being...
In the Weekly Chart of ATGL , we can see that; it is at make or break situation. Halt Candle has formed. if breaks, enter on breaking its high with low as SL.
The Nifty End of Day to Identify Potential Trading Opportunities for Next Trading Day Nifty Demand and supply zones are Price levels on Chart where the Buying and selling Pressures are Expected to be Strong and it is top Nifty Trading Indicator for Nifty Intraday Trading Support Zones for Nifty are as Given Below S1-18630 S2-18577 S3 -18530 Resistance...
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Strong Buy. 1. Stock was in sideways range from last couple of month. 2. EMA 26 having PCO EMA 50 on daily TF. 3. Monthly/Weekly MACD : UP 4. RSI Up 5. ADX showing strength. Entry : around 165 SSL : 155 Target : 190/205 RR : 1:3/1:4
Sell Bajaj Finance below 1782. Reason for Sell, Divergence in RSI. Also Body of Bearish candle of 14th June covering previous day Bullish 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.
Dear All, So yesterday was another confused day for the Market. Where on the one hand, the overall sentiments are still positive, while on the other there is a tough fight going on between the bull and the bear. For now, since Today is the crucial Thursday of the crucial week, it will somehow be better to consider today as a “No Trade Day”, and ...
Banknifty has consolidated whole day after the first hour fall. A bearish candle on the daily charts have been formed and has consolidated for 3-4 days in a range. The market has consolidated whole day in 60 points range. It constantly hit the hourly 20 EMA and faced rejection. There is much probability of a 300-400 points move either side as tomorrow is...
Nifty on the daily time frame has formed a dragon fly doji and closed near the previous resistance area. Both the index were in different directions. Banknifty closed 100 points lower and nifty closed 40 points higher. In the first hour, after the gap up opening, tested the 18700 levels and after hitting the support area, slowly gained points. On the hourly...