Overall nifty has move up from the lows of 21700 ! It had positive divergence in 2hr chart which has played out well, now its creating inverted H&S in 30 mins time frame. which shows a breakout done and awaiting 22500 as its target.
I am not a SEBI Registered analyst whatever I am sharing it's my my personal view before doing any action discuss with financial analyst. respect your SL if you want save your money for next trade.
Expecting a move of about 12% to the all time high, in the near term, with a downside risk of about 23%. If my perspective changes or if I gather additional fundamental data that influences my views, I will provide updates accordingly. Thank you for following along with this journey, and I remain committed to sharing insights and updates as my trading strategy...
I make educational content videos for swing / positional trading
Top Down analysis of Kotak Bank chart on Technical Basis. Entry on Monthly closing above 1231 for long term. SL will be recent swing low. Precise entry can be taken as per daily and weekly chart BO mentioned in the video. #Kotakbank - Long Term Uptrend + Rectangle pattern near ATH is under formation - IHNS BO in daily time frame - Triangle pattern in weekly/ daily...
this is only a sample video recorded by me for upcoming banknifty trading day 21 march 2024 and i have given my pvh and pvl levels you can mark them into yours software and trade on these levels only after any breakout and retest
Disclaimer: I am not a SEBI Registered person not this is an investment advice, just my personal views and Opinions.....and Ideas are always welcome as it helps us grow together.
The market is currently moving within an ascending channel formation after breaching the all-time high of 69,000 level. There is a high probability that the market could reverse with momentum, similar to past occurrences. Therefore, it might be wiser to refrain from participating in the current valuation. Instead, consider taking a step back and waiting for more...
I am expecting market to be sideways for today. all important levels have been marked at the chart. Support: 46343, 46000 Resistance: 46690, 46900 Verdict: Sideways Plan of action: Sell 46300 PE and Sell 46700 CE (Hedge it with 20/- premium )
I daily make educational content videos for swing / positional trading
As we discussed in our analysis market closed sideways today. I am expecting market to be sideways for tomorrow. all important levels have been marked at the chart. Support: 46343, 46000 Resistance: 46690, 46900 Verdict: Sideways Plan of action: Sell 46300 PE and Sell 46700 CE (Hedge it with 20/- premium )
As we have discussed in our Video, Nifty is trading at its 200 EMA in 1-H TF, which has been providing very nice support. Important Levels: marked on chart Support: 22050 , 21930 Resistance: 22164 Verdict: Sideways Plan of Action: Sell 22000 CE & PE. Exit one leg if it breaks the zone. (hedge with 20/- PE)
DMART: The stock showing bullishness in weekly and monthly time frame...Once it cross the resistancne area it is having high chance to go up CRISIL: In daily time frame stock gave good candle today.It is trading at ATH also coming out of flag pattern No cal, No tips. Only chart analysis
Disclaimer: I am not a SEBI Registered person nor this is an investment advice, just my personal trade diary. Opinions and Ideas are always welcome as it helps us grow together. I have shared my view on JAMNAAUTO KINDLY Watch video and share your views.
Ram Ram Ji I am sharing my view on Bank Nifty in the case If it opens at or near about 46,800.00 Let's see You can also share your view with all of us. Thank You
I daily make educational content videos for swing / positional trading
Broader market view and Sectors for tomorrow. Broader market view is shared with sectors in focus for now
Overall both indexes have created bearish formation on a daily chart looking weak across ! On 30 mins charts it seems a minor reversal is on place. Will this up move sustain. We start this coming week at a crucial juncture. Overall View is to stay Cautious till Nifty does not break above 22222 and Bank Nifty breaks above 46800 levels.