Candlestickpattern
UPDATE BRITANNIAPrice went down even after a gap up today. (as opposed to what was expected)
But the price has respected the previous resistance line and the 20 ema.
In addition, lower lows has formed in chart BUT higher lows has formed in macd - signs of a weaking downtrend.
BUY it if you haven't already
Nifty - Where Does It Goes Next ?Trading Strategy
Plan A
Buying strictly above 12120-12130 only for 12150-12160 / above 12160 for 12200/12250
Plan B
Selling close to 12250 with strict stops above 12275 for targets 12200 / 12150 / 12100 / 11980
Plan C
Selling close to 12080-12100 – Strict stops above 12130 for 11980 / 11750 / 11650 & lower targets in days to come
Plan D
Selling below 11980 for 11750 / 11650 & lower targets. No selling if Index holds or moves above 12000 level.
LONG OPPURTUNITYLook to buy at the support level.
Good down movement and short sellers will look to profit from it so look to go long at the area.
Put stop loss 0.5-1% below support.
LONG @DRREDDYSupport test is good.
Drreddy is good to go up once again after a sharp reversal from earlier breakout.
STOPLOSS - Bottom of support area
TARGET - As pleases. look into SHORT@ICICIBANK to set targets
WATCHOUT @DRREDDYInconclusive but good triangle formed.
Watch out for the support and resistance zone.
Look to go long only if it breaks the resistance zone.
Equilateral Triangle --> LongBreakout from triangle suggests good buying opportunity.
Stock has 3 main resistance levels to watch out for.
Place stoploss anywhere between end of triangle and mid point of triangle.
Yes Bank Possible Trend & Trade Setup !!TREND ANALYSIS & TRADE SETUP
Follow Chart Instruction.
Do not be Hurry for entry.
Wait for Proper Entry Setup.
Buy/Sell with Best Risk Reward.
Educational Chart Only.
You can Comment and ask the TREND ANALYSIS of any STOCK/SCRIPT/INDEX/FOREX.
Wait for entry setup, if available then Long/short.
Reward is 4 to 6 times.
Aurobindo Pharma- Candlestick pattern#Aurobindopharma #Doji followed by a strong red candle, testing support. Tomorrow #priceaction will be the key
31800 acid test levels for bulls...The overall index has been under performing since last two weeks. Mid Caps and small caps are outperforming the BankNifty. The RSI is into bullish range, so there is still no sign of weakness, this may just be a consolidation phase. The prices have taken support at an important pivot level, the candle formed is an indecisive one, we may expect bounce in the index above 31800 levels, this is an immediate resistance level in the short term. Above it 32600 & 33150 can be scaled in the coming weeks. However if Banknifty fails to maintain strength above 31800 it may correct further 31250 levels.
MINDtree.... gap..hammer..free fall.!!!!!!!gap resistance near 855-881... resisted near the gap .. mdade the hammer and free fall today... below 855.. may slip to 820--800
BANK NIFTY KEY LEVELS SUPPORT AND RESISTANCE 03/01/2020Key Levels for BANK NIFTY : Please Join me on Telegram for Regular updates.
Upper Breakout~32503
First Target~32584
Interim Resistance~32677
Final Resistance~32757
MASSIVE RESISTANCE ZONE-32840
**Lower Levels**
Lower Breakout~32348
First Target~32279
Interim Support~32192
Final Support~32117
MASSIVE SUPPORT LEVEL~32057
Please trade with caution and consult your financial adviser before trading.
NIFTY50 KEY LEVELS SUPPORT AND RESISTANCE 03/01/2020Key Levels for NIFTY 50: You can also JOIN ME on TELEGRAM
Upper Breakout~12294
First Target~12315
Interim Resistance~12334
Final Resistance~12358
**Lower Levels**
Lower Breakout~12254
First Target~12222
Interim Support~12197
Final Support~12161
Please trade with caution and consult your financial adviser before trading.
BANK NIFTY KEY LEVELS SUPPORT AND RESISTANCE 19/12/2019 EXPIRYKey Levels for BANK NIFTY : You can join the telegram channel from the link in profile
Upper Breakout~32307
First Target~32390
Interim Resistance~32475
Final Resistance~32560
**Lower Levels**
Lower Breakout~32125
First Target~31995
Interim Support~31865
Final Support~31685
Please trade with caution and consult your financial adviser before trading.
NIFTY50 KEY LEVELS SUPPORT AND RESISTANCE 19/12/2019 EXPIRY VIEWKey Levels for NIFTY50 : You can join telegram channel from the link in profile
Upper Breakout~12240
First Target~12265
Interim Resistance~12290
Final Resistance~12320
**Lower Levels**
Lower Breakout~12185
First Target~12160
Interim Support~12135
Final Support~12105
Please trade with caution and consult your financial adviser before trading.
NIFTY50 KEY LEVELS SUPPORT AND RESISTANCE 18/12/2019Key Levels for NIFTY50 :
Upper Breakout~12190
First Target~12225
Interim Resistance~12270
Final Resistance~12310
**Lower Levels**
Lower Breakout~12140
First Target~12105
Interim Support~12070
Final Support~12020
Please trade with caution and consult your financial adviser before trading.
BANK NIFTY KEY LEVELS SUPPORT AND RESISTANCE 18/12/2019Key Levels for BANK NIFTY :
Upper Breakout~32195
First Target~32240
Interim Resistance~32330
Final Resistance~32410
**Lower Levels**
Lower Breakout~32070
First Target~32010
Interim Support~31940
Final Support~31870
Please trade with caution and consult your financial adviser before trading.
nifty forecast tomorrow (26nov2019)next level of market tested 11950 has support then turn back to up move
tomorrow support level 11985 followed by 11933
upside resistance level 12111 followed by 12185
NSE:NIFTY
* WARRING EDUCATIONAL PURPOSES ONLY *
NESTLE INDIA LTDInside candlestick pattern at :
Fibonacci .618 Support @
Previous top support
Trendline support
Rsi near 40
