Price has completed the corrective wave 4. If the price doesn't break the 3rd wave's high, then the corrective wave will begin. Furthermore, the 4th wave can be extensive (between the range of 1014 - 1475). The target for Swing Traders: Target 1: 1525 Target 2: 1632 Target 3: 1764 The target for Day Traders: 1455-1479-1490
Intraday & Short-term outlook of Nifty 50: Nifty has completed motive wave (iii) at 17792 . Wave (iv) is forming and, it can have a common retracement of 38.2% . The nifty trader can see the following targets: Target 1: 17425 Target 2: 17270 Target 3: 17169 According to the rule of corrective wave, it remains under the channel. And the impulsive wave...
Is Yes Bank Making A New Low? The YES Bank stock has started falling for a long period. If it breaks the consolidation area, it will keep collapsing, and we may see 10 - 9.60 levels soon. It's under that range from the last 17 days. But according to price action analysis, it will try to jump up to make a new LH. It can be nearby the 12.15 - 13.5 range....
NSE:BANKNIFTY Observations: 1) On daily time frame, we can see that it tested critical support of 38500 level range and managed to close above 21DMA which is placed at 38992.41 level. Please refer below chart : 1day Time Frame. ------------------------------------- Trade Setup for Date 01-11-2021: 1) Don't Jump in to trade at the beginning of the...
NIFTY Intraday Trade Setup For 01 Nov 2021 Buy-Above 17770 Sl-17710 T-17900 17970 Sell-Below 17600 Sl-17630 T-17465 17303
NSE:NIFTY Observations: 1) On daily time frame, we can see that it has broken the support trendline which was given in previous trade setup. Now it is near to it's 50DMA which is placed at 17565.31 level. There will be chance that if it test this level and gets support then we can see a good bounce back. And this bounce back will be to test the support...
NSE:HINDUNILVR I am posting this as one of the follower requested on twitter. Observations: 1) On daily time frame, we can see that it is trading below 200DMA which is placed at 2429.01 level. Also it is in the critical zone of 2365-2400 range. If we see in past, it stays below 200DMA for short time only. Safe positional buy trade will be only on...
NSE:SUNPHARMA Observations: 1) On daily time frame, it just closed at 50DMA. 50DMA is placed at 795.19 level. Please refer below chart : 1day Time Frame. 2) Also on daily time frame, as we already know it has been trading in up trend parallel channel. And it took support from middle trendline of parallel channel. Please refer below chart : 1day...
NSE:GUJGASLTD Observations: 1) On daily time frame, we can see it take good support from 200DMA and bounce back. But still in the downward parallel channel. Breakout of parallel channel will make it in up trend. We can see major resistace at 640 level. Please refer below chart : 1day Time Frame. ------------------------------------- For positional...
NSE:DISHTV details on the chart, wait to close above 20.
NSE:RAMCOCEM I am posting this from one of the follower's request on Twitter. Observations: 1) On daily time frame, we can see it took Good support from 50DMA and gave breakout of 1050 level. If it gives dip till 1040/1050 level and takes support from it then it will be buying opportunity. Target will be 1140. Please refer below chart : 1day Time Frame....
NSE:TATAPOWER Observations: 1) On daily time frame, we can see it took support from 21DMA. Please refer below chart : 1day Time Frame. 2) On 15min time frame, we can see that it is facing resistance from one trendline and keep on taking support from 200 level. Major support level is 200 Level. Breakdown of 200 level will make it bearish. Please...
NSE:CDSL Observations: 1) On daily time frame, we can see 50DMA is working as support. In last session, It took support from it closed with bullish candle. So Major support range is 1290-1300 level. Please refer below chart : 1day Time Frame. 2) Also on daily time frame, we can see that it is taking support from major support trendline. And also it...
NSE:DEEPAKNTR Observations: 1) On daily time frame, we can see in last two trading day, it has been taking support from 100DMA. 100DMA is it critical supprot. And we can see that from 2180 to 2200 is major support. Please refer below chart : 1day Time Frame. ------------------------------------- Trade Setup for Date 01-11-2021: 1) Don't Jump in...
NSE:BSE Observations: 1) On daily time frame, we can see that it has made bullish spinning top candle. Also it closed below 21DMA and it is trading above 50DMA. 50 DMA which is placed at 1240.07 level which will work as major immediate support. and 21DMA which is placed at 1330.53 level which will work as immediate resistance. Sustainable breakout of...
the current pattern above previous long term support resembles the inverse Head and Shoulder on higher tf. once xrp is able to flip 1.3 this will going to be insane for run. also there are many major partnerships happening rn and also mastercard is one of partner with ripple.
NSE:HDFCLIFE Hdfc life insurance share heading towards Harmonic PRZ. Ones share price activate Harmonic pattern by entering in PRZ one can find opportunity for swing long if find reversal. ******whatever charts or levels sharing here are just for educational purpose only, not a recommendation. Please do your own analysis...
NSE:NIFTY Observations: 1) On 15 min time frame, we can see that it closed near to it's critical support zone area 17765-17785 level. If it sustain above this range then it have chance to go up again. Breakdown of this range will make the market bearish. Please refer below chart : 15min Time Frame. 2) On 1hr time frame, we can see that it came back to...