BSOFT Cmp 266.70 dated 3-4-2023 1. Reversed from Support Line @250 2. Three White crows CandleStick made 2. RSI reversal & on verge of BO Buy above 268 for target 275-285-295-305 SL 255 It is just a view, please trade at your own risk.
As we can see NIFTY exactly took support at our given levels and started to move up as we analysed in our previous NIFTY analysis and we also discussed of keeping our long positions intact till it breaches and sustains below 18170 levels! Since not much of action has taken place as of now, hence our view remains intact of buying on every dips till our levels are...
Bharti Airtel Swing can be taken for following reasons : 1) Stock is in weekly demand 2) Daily Timeframe after long time has broken out of consolidation and has given pullback indicating Bullish momentum to the upside 3) Stock also has bullish structure on 4HR All timeframes are in confluence of each other. This confluence are enough for us to take trade
The stock consolidating inside candle for the past two weeks. Analysis based on : Bullish Candle | EMA | Volume The risk and reward is favourable i.e.,1:3 Entry above Rs 355, Target 15% and Stop Loss -5% Thanks -AJ Disclaimer: The information and publications are not meant to be, and do not constitute, financial, investment, trading or any other types of...
PIDILITIND | Flag breakout in 2H time frame - Anyone seeing cobra structure :D
As we can see in the chart it tried breaching 43600 mark and made a high around 43700-750 but failed to close above the given level which would have then assured the upcoming bull run but as of now we can still see BANKNIFTY to remain sideways to bearish in coming trading sessions
Paytm Cmp 699 dated 11-5-2023 1. Bearish Engulfing Candle @ resistance. 2. RSI negative divergence Sell below 694 for target 670-655-640-610 SL 740 It is just a view, please trade at your own risk.
Nifty on the daily time frame has formed a negative candle and consolidated whole after the initial hourly candle. Market have overstretched and is consolidating on higher levels. If the market sustains and gives a break out new highs can be seen, else market will debacle to test lower levels. The market, on the hourly time frame, has closed near 20 ema and...
Bank nifty on the daily time frame has given a grave stone doji after a dragon fly doji. Market after Gap up opening has given a selling. Initially market came for selling and consolidated in the second half of the session. After the first hour market has formed a bearish flag pole pattern. Support:- 43430, 43200 Resistance:- 43640, 43700 Bank nifty is still...
RAMCOCEM | Triangle +200 EMA breakout - Looks potential for 40% CMP : 777 SL : 720 Target : 950, 1100 Already shared from 720 level, now this is giving more conviction
As we can see NIFTY has finally broken and sustained above our given level and hence we can possible witness a start of new trend which is uptrend can be seen. Hence for now till NIFTY is sustained above 18170-18200 we can expect NIFTY to continue its rally
Daily Learning Day-56 Nifty Weekly Expiry special. 15min TF Chart Analysis In case of gapdown Short Below 18250
This description is only relevant if nifty forms a head and shoulder pattern in 15min chart. Nifty should again take a reversal from 18240 support level and go till 18285/18300 and reverse till 18200 to form a head and shoulder pattern and expect a fall in nifty. 1st tgt 18150. Then 200 EMA may act as a support then may become resistance if levels are broken. You...
Dear All, Back to back 2 days of observing a closing of above 18200 is indeed a good indication for the bulls. However, this week will play a crucial role in deciding the direction of Nifty’s momentum for the upcoming days. So, we are still with our words that alongside this uprise , it will be a good idea to go for Portfolio Rebalancing as of now,...
A shooting star occurs after an advance and indicates the price could start falling. The formation is bearish because the price tried to rise significantly during the day, but then the sellers took over and pushed the price back down toward the open. Traders typically wait to see what the next candle (period) does following a shooting star . If...
As we saw BANKNIFTY had been sideways to negative the whole day as we analysed in our previous post! We can still see BANKNIFTY being sideways to negative in coming trading sessions unless BANKNIFTY closes above 43600 and sustains above given level hence unless it sustains above given level it can remian sideways to negative
Market now in strong level of support and this level hammer candle formed, next level of market going to bull, it's time to buy opportunity
1. Bullish Engulfing Bar formed at Support and Resistance Zone 2. S/R location is at round number 80.00 3. Fib Ret at 61.80 Level. 4. Trendline position is perfect.