Dear All, So, it has been back to back two weeks now, that we have been witnessing the magic of the Morning Star formation on the weekly chart of Nifty. Moreover, we have observed a V-shaped recovery in the Index, i.e., from 17800 to 16800 and then from 16800 to 17800. Well as of now, the Index is trading at a very crucial level of 17800 ....
CAREERP | Channel breakout with volume - Looks good for a decent rally CMP : 165 (Dip : 155) SL : 140 Target : 250
NIFTY | Anybody rab dikhta hum? CMP : 17030 SL : 16950 Expecting the gap to be sealed
Nice breakout in nippon life science with bullish engulfing and doji formations as a support with upward waves makeing upper high and upper highs
Copper is ready for upward journey, medium term trand is looking bulish structure for next 2 or 3 months atleast it's very very low risk entry, smart money accumulated around 700 to 760 , so my conclusion is buy around 780 to 760 zone buy the dips of stoploss is 750 my first target🎯 is 812 then 840 @ ath
Bearish on gold for next 4-5 months Keep Stop loss of TADAWUL:2060
AXISBANK | INHS setup - Looks easily potential for 12-15% CMP : 864 (Dip : 850) SL : 810 Target : 950
DLF | Triangle + Cup & Handle setup CMP : 412 (Dip : 400) SL : 360 Target : 530 1:3+ risk reward setup
Dear All, So finally yesterday, we had witnessed a wonderful rally of 1000 points in Nifty from the level of 16800 in the last 7-8 trading days. As Nifty had finally made a closing of above 17800, yesterday . However, yesterday’s closing is somehow indicating us to be a little cautious here, as we can observe a hanging man formation on the day chart of...
EXIDEIND | Flag breakout - Trying to capture 30-40% CMP : 185 SL : 165 Target : 220, 240
Dear All, We can once again see a Doji formation on the chart of Nifty, which is quite a good indicator of a fight between demand and supply. Indeed this fight is quite natural as we are currently at a very crucial level of Resistance of 17800 . Besides, it was since the level of 16800 that we have always been bullish on Nifty , for a bounce back...
Attached: Crude Oil Daily Live Market Chart On Sunday 2nd April 2023, Saudi Arabia and other OPEC+ oil producers announced further oil output cuts of around 1.16 million barrels per day. Top OPEC producer Saudi Arabia said it would cut output by 500,000 bpd. And due to this Surprise Output Cut, the Next Day itself Oil Prices Gapped Up and Closed Up 6.16% (+ 4.66...
As we can see BANKNIFTY reversed exactly from the retest of the trendline and rallied over 700++ points…we also analysed that despite BANKNIFTY couldn’t sustain itself above 41000 it has not yet gone in downtrend and we can still expect a bull move being at the retest and it did rallied as analysed now we can see BANKNIFTY heading towards its next psychological...
risk: Reward ratio is 1: 2 Rest as per Charts ******** Note - One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells “where” to act in “what direction. Unless it triggers, like, let’s say the candle doesn’t break the level which says “Buy/Sell if it breaks”, You should not buy/sell at...
MHRIL | One more pleasant setup - Lets aim 15-20% CMP : 288 SL : 270 Target : 320 1:3 risk reward setup
Banknifty has given a nice up move even after the gap up opening and has closed above the trendline. The market has given a break out and the index has closed 500+ points forming a dragon fly doji. The market has consolidated and moved nicely in the second half of the trading session. On the hourly time frame, the first candle showed some positivity and after it...
Nifty has been respecting the previous low in the intraday moment and has formed a doji on the daily time frame. It has started trading and sustaining above the moving averages. The market has been trading in a range after a gap up. Wait for the market to cross below or above the previous day high or low and trade only once there is a break out or break down. On...
Dear All, So finally we had witnessed a pause in this small rally of Nifty , yesterday. Wherein, after making a high of 17694 , we had observed a flat closing of around 17624 in Nifty. Which altogether is somehow indicating a supply pressure from the upper levels. Besides, we are expecting an up-move towards our target level of 17800 , which is a very ...