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forextidings

ACE construction is forming a contracting triangle of waves ((4)). To draw parallel lines, I have connected wave ((2)) & wave ((4)) and merged with wave ((3)). Wave ((1)) - Five wave impulse wave ((2)) - Sharp correction - 50% retracement of wave ((1)) Wave ((3)) - Five wave impulse - Power extend Wave ((4)) - Contracting triangle - sideways...

Trading_hawk

NSE:HDFCBANK Observations: 1) On 15min time frame, we can see it has been rejecting from the resistance channel and also it is having immediate resistance at 1500 level. Breakout of it can give easy 20 points up move and can also give another 20 points till 1540 level. Please refer below chart : 15 min Time Frame. ------------------------------------- ...

Trading_hawk

NSE:CIPLA Observations: 1) On 1 day time frame, We can see that it made double bottom pattern and now it is near the neck line of it. But today it made Doji candle with closing below this neckline. If tomorrow or in coming days it gives the breakout of either side then we can see the momentum on that side. Please refer below chart : 1day Time Frame. 2)...

Trading_hawk

NSE:BIOCON Observations: 1) On 1 day time frame, it is near the resistance zone. 380 is immediate breakout level. Please refer below chart : 1day Time Frame. 2) On 15min time frame, we can see that it is trading and making accending triangle pattern. Please refer below chart : 15 min Time Frame. ------------------------------------- Trade Setup...

Trading_hawk

NSE:BANKNIFTY For those parallel channel please refer my previous trade setup provided in related link. Trade Setup for 02-02-2022 1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action. 2) Everything is mentioned on the chart. I hope it is easy to understand. 3) All the levels will work...

Trading_hawk

NSE:NIFTY Observations: 1) On 1 day time frame, it took support from 100EMA and remained below 100MA. 17640 is immediate resistance. 17350 is immediate major support. Please refer below chart : 1day Time Frame. 2) Also on 1 day time frame, it managed to close above the parallel channel. Please refer below chart : 1day Time Frame. ...

Trading_hawk

NSE:BANKNIFTY Due to space constrain, I am able to write levels only. Most of trade setup will remain same as per previous. Only difference will be that we might see more volatile and big moves. Better to trade with strict SL and be quick in booking profit. Due this budget event most of option premium are high, and once this event is over then we might see...

Trading_hawk

NSE:NIFTY Observations: 1) On 1 day time frame, it closed just below 100EMA. Which is placed at 17346.7 And during all the day it was taking resistance from 17400-17410 level range. Range of 17400-410 is now immediate major resistance. 17320 is immediate support. And immdiate support after that is at 17280. And major support range is at 17250-17265....

Omahto

NIFTY Intraday Trade Setup For 01 Feb 2022 Buy-Above 17410 Sl-17375 T-17600 17800 18000 Sell-Below 17260 Sl-17300 T-17100 16800 NIFTY has just consolidated in today's trading session. After opening with a big gap up, NIFTY made a range 140 points. This range is very important for tomorrow's budget session. Before any big moment consolidation is good. We will...

usamabintanveer

#SandurManganese Cmp : 2275 Mcap : 2028 Eps : 467 P/e : 4.87 This can be a good investment opportunity looking at some following financials: After completion of major debt-funded capex, earnings started picking up from march 21 quarter. With fixed assets (near 800 cr) this huge (compared to past) & strong operating margins, the company is set to deliver some...

Trading_hawk

NSE:MARICO Trade Setup for 31-01-2022 1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action. 2) Everything is mentioned on the chart. I hope it is easy to understand. 3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level. 4) Avoid gap up or...

Trading_hawk

NSE:DRREDDY Observations: 1) On 1 day time frame,we can see that it has been having continious down fall and now it is near to immediate last major support of 4200 level. Range of 4200-4275 is working as support in previous days. It has now chance to bounce from it. But if it failed and gave breakdown of 4200 level range then we can see some more down fall...

iamAshuu Updated 

So , I am publishing this idea on Monthly charts of Nifty 50 , I am new to Elliot Wave Concept still studying and exploring. Your valuable corrections and guidance will make this analysis more useful. As Per charts ( Monthly Chart ) Nifty 50, Indices are forming waves pattern . As per Fibonacci Golden Section Rule, which results in a .382/.618 split, Certain...

PowerOfChartist

ATUL Long term Chart BO Expected only above 11,000 Disclaimer : We are not Sebi registered analyst or Authorized analyst The charts / Levels / Price projections are only for educational purpose. This is our personal view, Pls consult your financial advisor before taking decision - Buy / Sell We will be not responsible for your profit and Loss

PowerOfChartist

#TEXRAIL CMP - 41.55 Only Above 45 Next Levels can be expected 51.20, 61.50, 75 & 87 View will be negated below 26.70 Disclaimer : This idea is only for education purpose, Pls consult your financial advisor We are not Sebi registered. Retweet and Like

PowerOfChartist

#ORIENTBELL CMP - 451 Can be looked in the range of 375 to 400 Above 456 Next Levels can be expected 950 & 2410 View will be negated below 278 Disclaimer : This idea is only for education purpose, Pls consult your financial advisor We are not Sebi registered. Retweet and Like

Omahto Updated 

NIFTY Intraday Trade Setup For 31 Jan 2022 Buy-Above 17200 Sl-17160 T-17270 Sell-Below 17070 Sl-17110 T-17950 17850 NIFTY has formed Inverted Hammer in daily TF. This candle will make sense till its low is safe. Below its low this candle's bullishness will be invalid. Premiums are too high ahead of the big event on 1 Feb, Budget Day. Premiums will be smashed...

Trading_hawk

NSE:NIFTY Observations: 1) On 1 day time frame, it faced resistance from 100EMA. 100EMA is immediate major resistance. it is placed at 17346.30. Please refer below chart : 1day Time Frame. 2) Also On 1 day time frame, it closed in channel. And made a bearish candle closing below the middle trendline of channel. Please refer below chart : 1 day Time...