Candlestickpattern
NIITTECHNIITTECH HOLD AT LEVEL OF 1304 AT 31 TRADING DAY SO IF NIITTECH BREAK 1304 LEVEL YOU CAN SHORT.
Entery Price:
Aggrasive Trader: 1321
Safe Trader:1304
Stop loss 1371
Target:1227
ACC LTD on bullish trend.We have clearly seen the bullish trend forming on the charts of ACC LTD. The stock has successfully break out given today @ 1300 level but closed below the level of 1300. So long entry will be taken only after the 1300 level for the next move till 1350. Now stock is moving above the 50 EMA. So add the stock in your watch list .
Always do trading as per your Reward to Risk ratio means Never risk more than you can afford to lose on a single trade. Please keep patience & wait for the levels means Sit and wait for the right opportunity. The idea sharing is for educational purpose only. In case any suggestion advice required feel free to ask .kindly follow & like for more educational ideas.
CIPLA - Time for Little Correction?CIPLA has formed Dark Cloud Cover on 4 Hour Time Frame and has given confirmation by forming a bearish candle. If it breaks below Rs. 649 and sustains it can fall upto Rs. 629 and further.
Disclaimer: This is just for Education Purpose. I'm not in any way advising you to buy or sell. Trading in stock markets is risky. Please consult your investment advisor for trading and investment recommendation.
IS AUROPHARMA READY FOR FALL?Auropharma has formed Evening Star on 4 Hour Time-Frame. Confirmation Bearish candle is also formed. If it breaks below Rs. 754 it will enter into sell zone. It is also giving sell signals on Daily chart.
Disclaimer: This is just for Education Purpose. I'm not in any way advising you to buy or sell. Trading in stock markets is risky. Please consult your investment advisor for trading and investment recommendation.
AMARARAJA BATTERIES BEARISH ENGULFING SHORT@653-658
STOP@671
TARGET-1@635
TARGET-2@620
!!please note trade with caution!!
!!manage your risk!!
!!trade-wise!!
!!please adjust for future rates!!
BANK NIFTY KEY LEVELS SUPPORT AND RESISTANCE 03/06/2020Key Levels for BANK NIFTY : INTRADAY CHART ANALYSIS
UPPER BREAKOUT~20787
FIRST TARGET~20992
INTERIM RESISTANCE~21145
FINAL RESISTANCE~21355
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LOWER BREAKOUT~20504
FIRST TARGET~20362
INTERIM SUPPORT~20177
FINAL SUPPORT~20007
My views are for educational purposes only.
Please trade with caution and consult your financial adviser before trading.
NIFTY50 KEY LEVELS SUPPORT AND RESISTANCE 03/06/2020Key Levels for NIFTY50 : INTRADAY CHART ANALYSIS
UPPER BREAKOUT~10057
FIRST TARGET~10104
INTERIM RESISTANCE~10162
FINAL RESISTANCE~10216
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LOWER BREAKOUT~9957
FIRST TARGET~9925
INTERIM SUPPORT~8892
FINAL SUPPORT~8857
My views are for educational purposes only.
Please trade with caution and consult your financial adviser before trading.
Sunpharma Sellers Activated Target 455 to 450 Sell below 460We had give a call on 30th May sunpharma that it has a stiff resistance at 483. Stock moved from 474 to 483. Today the stock reached 483 and reversed as per our analysis. Today, If you see daily chart of sun pharma the candle formed is of exact size of 30th April will almost same low high and open and close. what does it indicate.. it indicates that the sellers has been activated from todays high last time the sellers were managed to push the stock down from around 665 tp 448 in just a matter of trading sessions. The interesting thing about the candle formed is the volume. It indicates the same amount of volume that was on 30th April 2020. it simply indicates the sellers are in control like last time. like last time, this time sellers may try to push the stock to 450 levels we would suggest you to sell below 460 it with trailing stoploss
If you look at the analysis of wipro on 30th may. we had given the same type of candle was formed and we had given target which was above resistance level and it easily achieved the target of 220
BANKNIFTY KEY LEVELS SUPPORT AND RESISTANCE 28/05/2020 EXPIRYKey Levels for BANK NIFTY : INTRADAY CHART ANALYSIS
UPPER BREAKOUT~18880
FIRST TARGET~19180
INTERIM RESISTANCE~19509
FINAL RESISTANCE~19880
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LOWER BREAKOUT~18542
FIRST TARGET~18340
INTERIM SUPPORT~18130
FINAL SUPPORT~17930
My views are for educational purposes only.
Please trade with caution and consult your financial adviser before trading.
NIFTY50 KEY LEVELS SUPPORT AND RESISTANCE 28/05/2020Key Levels for NIFTY50 : INTRADAY CHART ANALYSIS
UPPER BREAKOUT~9342
FIRST TARGET~9433
INTERIM RESISTANCE~9514
FINAL RESISTANCE~9594
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LOWER BREAKOUT~9267
FIRST TARGET~9198
INTERIM SUPPORT~9123
FINAL SUPPORT~9037
My views are for educational purposes only.
Please trade with caution and consult your financial adviser before trading.
NIFTY50 KEY LEVELS SUPPORT AND RESISTANCE 27/05/2020Key Levels for NIFTY50 : INTRADAY CHART ANALYSIS
UPPER BREAKOUT~9078
FIRST TARGET~9121
INTERIM RESISTANCE~9166
FINAL RESISTANCE~9221
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LOWER BREAKOUT~8994
FIRST TARGET~8960
INTERIM SUPPORT~8916
FINAL SUPPORT~8862
My views are for educational purposes only.
Please trade with caution and consult your financial adviser before trading.
Nifty: Bullish Harami Candlestick patternNifty Closing price 8879
- we observe bullish harami candlestick pattern
- Hence shorting this structure might not be a good idea.
- It might be buying on dips or no trade
- ideally 8806 should not be breached but given the current volatility, will be keeping some flexibility for levels of 8758-8766 levels.
We might consider selling Put options as our strategy to trade
Take care & safe trading...!!!
NIFTY50 KEY LEVELS SUPPORT AND RESISTANCE 15/05/2020 GAP DOWNKey Levels for NIFTY50: NIRMALA JI GAP DOWN 2.0
UPPER BREAKOUT~9215
FIRST TARGET~9293
INTERIM RESISTANCE~9390
FINAL RESISTANCE~9439
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LOWER BREAKOUT~9061
FIRST TARGET~8991
INTERIM SUPPORT~8914
FINAL SUPPORT~8821
My views are for educational purposes only.
Please trade with caution and consult your financial adviser before trading.