NSE:DABUR Observations: 1) On daily time frame, it took support from 21DMA and bounce from it. 21DMA is placed at 600.85 level. We can say that 600 level is major support. Please refer below chart : 1 day Time Frame. 2) On 1hr time frame, we can see that it is making cup and handle pattern. Breakout level is 610 level and major breakout level is 620...
NSE:HDFC Observations: 1) On daily time frame, it has been taking support from 10DMA and today it gave good movement from 10DMA and made bullish candle. As far as it is above 10DMA it has chance to move above again. 10DMA is placed at 2911.09 Please refer below chart : 1 day Time Frame. 2) On 15min time frame, we can see that it is taking support from...
NSE:NIFTY Observations: 1) On daily time frame, it couldn't cross 21DMA and remained below it. But stayed above 10DMA. It is still between 10DMA and 21 DMA. Good thing is, it managed to close above 18000 level. 21DMA is placed at 18081.99 10DMA is placed at 17943.44 Please refer below chart : 1 day Time Frame. 2) Also on daily time frame, it is...
NIFTY Intraday Trade Setup For 11 Nov 2021 Buy-Above 18120 Sl-18090 T-18190 18260 18300 Sell-Below 17900 Sl-17930 T-17836 17798 Nifty is looking bullish. But tomorrow is expiry so we need to be a bit safe. Will firstly try to sell the hourly range 18100 and 17900. And if index makes a range tomorrow till 1 o'clock then we will simply trade the range breakout.
COINBASE:BATUSD Can look for 1.55 level target with SL of 1.15 level.
NSE:NATIONALUM I am posting as one of the follower requested for it. This is positional trade setup only. Observations: 1) On Daily time frame, we can see that it faced resistance from 21DMA but closed above 10DMA. It is now in between 21DMA and 10DMA. 21DMA is immediate resistance and 10DMA is immediate support. We can see that the critical level is 100....
NSE:NIFTY Observations: 1) On daily time frame, it faced resistance from 21DMA and closed below it. It is still between 10DMA and 21 DMA. Good thing is, it managed to close above 18000 level. Please refer below chart : 1 day Time Frame. 2) Also on daily time frame, it is still trading above major support trendline. Please refer below chart : 1 day...
NSE:BANKNIFTY Observations: 1) On daily time frame, it faced resistance from 21DMA and closed below it. 21DMA is placed at 39575.20 level range. Also one good thing is that it managed to close above major support range of 39285-39350 level range. Please refer below chart : 1 day Time Frame. In general, it is good that none of 15min candle closed...
NSE:IRCTC Observations: 1) On daily time frame, we can see finally, it closed above 10DMA. 10DMA is placed at 845.77 level range. Please refer below chart : 1 day Time Frame. 2) Also on daily time frame if we apply for FIB Retracement then we can see that it has been trading between 50 & 61.80% level range of FIB. Please refer below chart : 1 day...
NIFTY Intraday Trade Setup For 10 Nov 2021 Buy-Above 18075 Sl-18055 T-18110 18188 18260 Sell-Below 17980 Sl-18010 T-17900 17867 It was just consolidation today. We will just trade the range shift. Higher range is 18120. But can consider buying above 18075 for a small target of 35-40 points till 18110. and if index sustains above 18120 then we will hold till...
Wave 3 extended 161.8% of wave 1, and we can see a powerful rally in an extension of wave 5. Hind Petrol Futures can hit the following targets before Oct end. Target 1: 352 Target 2: 389 Target 3: 400 Where can we enter? The following rules can help you get the perfect entry. A. Upper band of the parallel channel at 290 . B. High of 3rd wave at 312 . ...
$IOTA bottomed out at $0.6 and has taken strong support at $1.00. It has been accumulating within a Bullish Pennant and looks set for a breakout. Buy above $1.43 with Targets of $1.6, $1.75 and $1.95.
NSE:INFY Observations: 1) On daily time frame, we can see that it took good support from 21DMA and closed above it. 21DMA is placed at 1722.12 level. Please refer below chart : 1 day Time Frame. ------------------------------------- Trade Setup for Date 09-11-2021: 1) Don't Jump in to trade at the beginning of the market. Let it get settle for...
NSE:BAJFINANCE These levels are for this week of Nov 2021. Observations: 1) On daily time frame, we can see that it took good support from 10DMA but closed below 21DMA. 10DMA is placed at 7545.32 level and 21DMA is placed at 7676.76 level. 21DMA is immediate resistance while 10DMA is immediate major support now. Please refer below chart : 1 day Time...
NSE:TATAMOTORS Observations: 1) On daily time frame, we can see it took support from 10DMA and sustain above it. 10DMA is placed at 490.08 level. Please refer below chart : 1 day Time Frame. 2) On 1hr time frame, we can see that it gave breakout of the trandeline and managed to get support from the base of 470-480 level range. If this breakout...
NSE:BANKNIFTY Observations: 1) On daily time frame, we can see after provisonal closing it closed below 21DMA and 39500 level which is major resistance. 21DMA is also placed at the same level range - 39498.26 level. Please refer below chart : 1 day Time Frame. 2) Also on daily time frame, good thing is that it managed to closed above the major...
NSE:NIFTY Observations: 1) On daily time frame, we can see that it just closed above 21DMA which is placed at 18064.09 level. Please refer below chart : 1 day Time Frame. 2) Also on daily time frame, it managed to close above the support trendline. Which is a good sign as far as it is above this trendline. Please refer below chart : 1 day Time...
NIFTY Intraday Trade Setup For 9 Nov 2021 Buy-Above 18100 Sl-18070 T-18170 18260 Sell-Below 17990 Sl-18020 T- 17955 17910 The index has given a very strong closing today. It has sustained above the psychological resistance of 18000.Range has shifted today. The dynamic resistance is tested today. the dynamic resistance will be taken out if index crosses 18100...