NSE:ZEEL One sustainable breakout of 375 we can see a good upmove. A positional trade can be made with target of 400 and intraday trade can be also made with target 1 and target 2 mentioned on the chart. Please refer below chart for levels. ***************Please note this is my own study/opinion, it is not a trade...
NSE:BANKNIFTY Observations: 1) On 1day time frame,it managed to sustain above 10DMA. But, it is still below 21DMA. If it gives sustainable breakout of 21DMA then we can see up-move. 21DMA is placed at 36983.30 and 10DMA is palced at 36671.66 Please refer below chart : 1day Time Frame. 2) On 15min time frame, after it opened gap down below the support...
NIFTY Intraday trade Setup for 15 Dec 2021 Buy-Above 17400 Sl-17360 T-17500 Sell-Below 17220 Sl-17240 T-17175 17130 17100 NIFTY was sell below 17350 as we discussed yesterday. Nifty fell 2X from that level. Nifty is a bit messy in this zone. No buying until we get closing above 17600 . For selling also there are multiple supports in in the downside. I would...
NSE:NIFTY Observations: 1) On 1day time frame,it managed to sustain above 10DMA. But, it is still below 21DMA. If it gives sustainable breakout of 21DMA then we can see an upmove. 21DMA is placed at 17416.77 and 10DMA is palced at 17304.52. Please refer below chart : 1day Time Frame. 2) On 15min time frame, we can see that it has made double bottom...
NSE:GRASIM Observations: 1) On 1day time frame,it managed to sustain above 50DMA. If it take support from 50DMA and trades above it then we can see an up move. 50DMA is placed at 1729.64 level. Please refer below chart : 1day Time Frame. 2) Also On 1day time frame, it made double bottom pattern and sustain above the mid neckline of it. Major...
Levels given on chart ... those are the areas one need to look for what price action is telling you .... mark those levels on your chart
NSE:TATAMOTORS Today it was trading in range of 495-505 level. Sustainable breakout on either side will decide the trend now. Trade setup will remain same as per the previous trade setup. Trade Setup for Date: 14-12-2021 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)...
NSE:RELIANCE Observations: 1) On 1day time frame,it couldn't manage to sustain above 21DMA and close below 21DMA. But it is still trading above 100DMA. 100DMA is major support. 21DMA is placed at 2444.06. 100DMA is placed at 2389.26. Major breakout level is at 2500 level. Please refer below chart : 1day Time Frame. 2) On 1hr time frame, it has...
NSE:BEL Observations: 1) On 1day time frame,after 2 days of trading below 50DMA it managed to closed above 50DMA but it closed just below 21DMA. 21DMA is placed at 209.02 50DMA is placed at 207.65. 50DMA will work as support now. Please refer below chart : 1day Time Frame. 2) On 1hr time frame, it made double bottom pattern. Immediate resistance is...
LUX IND - 4100 stocks having good fundamental score Master score for lux ind at 78 (B) eps growth rate 34% which is giving stock eps ranking at 97 which is very good. stock will soon test out recent high 4300-4350 ..once breakout above this range we may also have RS breakout too same time. keep it in watchlist......
NSE:BANKNIFTY Observations: 1) On 1day time frame,after trading around 200DMA now it is trading around 100DMA. Today it closed below 100DMA. 100DMA is placed at 37186 level. Sustainable breakout of 37186 will be good buying opportunity. Please refer below chart : 1day Time Frame. 2) On 15min time frame, we can see that the trendline which was...
NSE:NIFTY Observations: 1) On 1day time frame,it today it close below 21DMA. 21DMA is placed at 17453.81 Immdiate support is at 17355 level. Please refer below chart : 1day Time Frame. ------------------------------------- Trade Setup for Date: 14-12-2021 1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min...
NSE Kotak Mahindra Bank has started marching upside because it has completed wave ((4)). Its fifth wave will end nearby the retracement of wave ((4)) of 161.8% and sub-wave of (4) of 161.8%. So, long-term investors may hold for the targets of 2345 - 2446 - 2536 . At present, intraday & short-term investors can also jump on this stock. Kotak bank prices may move...
Looking for buying after completion of (Y) Blue 3 wave correction @ 2753 as it is very likely to bounce from this level and complete atleast 100% retracement upto 3095 to reach ((C)) black Stop Loss : 2620 Risk Reward: 2.57
NSE:MARUTI Observations: 1) On 1day time frame,it has bounce from 200DMA and now trading below 50DMA. 50DMA is immediate resistance. 50DMA is placed at 7493.41. We can say that range of 7490-7500 will be immediate resistance zone. Please refer below chart : 1day Time Frame. 2) Also on 1day time frame, it has made double bottom pattern. Major...
NSE:TATAMOTORS Trade Setup for Date: 13-12-2021 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...
NSE:TATACHEM Observations: 1) On 1day time frame, it is between 50DMA and 21DMA. 50DMA is immediate resistance. Once it sustain above it then it will be immediate support. 21DMA is immediate major support at this time. 21DMA is placed at 909.47 and 50DMA is placed at 942.96 level. Please refer below chart : 1day Time Frame. 2) On 1hr time frame, we...
NSE:CNXMIDCAP Observations: 1) It has taken support at Gann Fan line 2/1 at 45 degrees drawn from the bottom of March 23, 2020 low. This confirms that 21 months old uptrend in Midcap is still intact. 2) It is near to break resistance line of the downward parallel channel formed since October 19, 2021. 3) Probability of breaking resistance line mentioned at...