NSE:TATASTEEL Observations: Let's first take look at NIFTYMETAL. --> On daily time frame, if we apply FIB retracement only on recent uptrend move then we can see that today's candle took support from 61.80% level range. Please refer below chart : 1day Time Frame. --> On Daily time frame again, if we apply FIB Reracement on a bit longer uptrend move...
NSE:TVSMOTOR Simple Safe Trade setup for TVSMOTOR. 1) On 1 day time frame, it took support from 10DMA and closed just below critical level of 580. Please refer below chart : 1day Time Frame. 2) On 1 day time frame, it has made spinning top candle with high of 590 level and low of 570 level. Please refer below chart : 1day Time Frame. Trade setup...
NSE:BAJFINANCE Observations: 1) On 1 day time frame, it managed to close above 21DMA after volatile session. 21DMA is placed at 7752.89 level. Also if we apply FIB Retracement then we can see that it took good reversal from 61.80% level of FIB retracement. As per FIB LEVEL Major resistance is at 7748. Breakout of the same will make it bullish. Major...
NSE:TATAMOTORS Be very cautious if you are taking trade in TATAMOTORS. I recommend that better to take trade only for safe side level and save your capital. Trade Setup for Date 21-10-2021: 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....
NSE:BHEL Observations: 1) On 1 day time frame, if we apply FIB RETRACEMENT then we can see that it has taken good reversal from 61.80% level range. Breakout of 73.75 will give good up move. Safest buy trade entry on sustainable breakout of 76.25 level range. Please refer below chart : 1day Time Frame. ------------------------------------- Trade...
NSE:IRCTC Today it took support from 21DMA which is placed at 4366.51 level. Which is a good sign at this moment. Breakdown of it will lead it to 4000 level. Further breakdown of 4000 level will lead it to 3580 level. 50DMA is placed near this level. If we apply FIB retracement on daily time frame then we can see that immediate support is at 4000-4018 level...
NIFTY Intraday Trade Setup For 21 Oct 2021 Buy-Above 18290 Sl-18310 T-18400 Sell-Below 18200 Sl-18230 T-18100 18030
NSE:KOTAKBANK Observations: 1) On 1 day time frame, we can see that it took support and bounce from 21DMA. Please refer below chart : 1day Time Frame. 2) On 1day time frame, major resistance is at 2050 to 2054 level range. Please refer below chart : 1day Time Frame. ------------------------------------- Trade Setup for Date 20-10-2021: Most of...
NSE:HDFC Trade Setup for Date 20-10-2021: Most of the levels will remains the same as per previous setup. 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,...
NIFTY Intraday Trade Setup For 20 Oct 2021 Buy-No Buy Level Sell-Below 18400 Sl-18430 T-18325 18248 18200
NSE:INFY Trade Setup for Date 19-10-2021: Most of the levels will remains the same as per previous setup. 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,...
NSE:NIFTY My personal view is Better to avoid trading in INDEX at this moment. . b]Trade Setup for Date 19-10-2021: Most of the levels will remains the same as per previous setup. 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...
NSE:SUNPHARMA Trade Setup for Date 19-10-2021: Most of the levels will remains the same as per previous setup. 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,...
NSE:BAJFINANCE Observations: 1) On 1 day time frame, we can see that after opening gap up since last two days it is facing profit booking. But good thing is that it took support from 10DMA and closed above 7850 level. Which is partially good sign for BAJFINANCE. If we see in recent days, it spend very less days below 10DMA. Hence breakdown of 10DMA on daily...
NSE:TECHM Observations: 1) On 1 day time frame, it took good support from 50DMA and also broke 21DMA and closed above resistance range 1465-1475. Now this range should work as support to maintain its bullish momentum. Please refer below chart : 1day Time Frame. 2) On 1hr time frame, we can see double bottom pattern. Please refer below chart : 1hr...
NSE:INFY We saw on 14-10-2021, after gap up opening and initial 15min trade, it started falling down with profit booking. We observe that money rotation goes from IT sector to BANK and BANKNIFTY made new ATH. And FII were net buyers and becasue of it HDFC and HDFCBank shot up. Observations: 1) On 1 day time frame, we can see good thing is that it took...
NIFTY Intraday Trade Setup For 19 Oct 2021 Buy-Above 18545 Sl-18515 T-18600 Sell-Below 18445 Sl-18470 T-18390 18325
NSE:BEL Observations: 1) On 1 day time frame, it has been trading inside parallel channel and immediate support trendline is middle line of the parallel channel. Breakout of upper trendline of parallel channel will give good up move. Please refer below chart : 1day Time Frame. 2) On 1 day time frame, if we apply the FIB levels then we can see that the...