"Welcome to SkyTradingZone " Hello Everyone 👋 RELIANCE on a 1-hour timeframe Support Levels: These are price points where the stock has historically shown buying interest and reversed upward. Look for recent lows where the price has bounced back. For example, if RELIANCE recently found support around ₹2,400, this is a key level to watch. Resistance Levels:...
"Welcome to SkyTradingZone " Hello Everyone 👋 ICICIBANK on a 1-hour timeframe Trend Analysis Determine Trend Direction: Assess if the stock is in an uptrend, downtrend, or sideways trend by examining the general price direction over the past hour or several hours. Draw Trendlines: Connect recent highs or lows to visually represent the trend direction. An...
"Welcome to SkyTradingZone " Hello Everyone 👋 AXISBANK on a 1-hour timeframe Chart Patterns: Look for patterns such as Head and Shoulders, Triangles, Flags, or Pennants that might indicate future price movements. Candlestick Patterns: Observe for any significant candlestick patterns such as Do ji, Engulfing, or Hammer, which can provide insights into...
"Welcome to SkyTradingZone " Hello Everyone 👋 CNXIT (Nifty IT) index on a 1-hour interval Support Levels: These are price levels where the index historically tends to find buying interest. Look for recent lows or previous points where the price has bounced back up. Resistance Levels: These are price levels where the index has historically struggled to rise...
"Welcome to SkyTradingZone " Hello Everyone 👋 TCS (Tata Consultancy Services) on a 1-hour timeframe, Support Levels: ₹4,420 ₹4,400 ₹4,380 Resistance Levels: ₹4,460 ₹4,480 ₹4,500 Trend Analysis Current Trend: Assess if the stock is in an uptrend, downtrend, or sideways trend by examining the price action over the past hour or several hours. This can be...
"Welcome to SkyTradingZone " Hello Everyone 👋 BAJFINANCE (Bajaj Finance Ltd.) on a 4-hour timeframe Support Levels: Identify recent lows where the price has bounced back up. For example, if Bajaj Finance recently found support around ₹6,500, this level is important to watch for potential buying interest. Resistance Levels: Determine recent highs where the...
"Welcome to SkyTradingZone " Hello Everyone 👋 ZOMATO on a 1-hour timeframe Support Levels: Identify recent lows where the stock price has bounced back up. For example, if Zomato recently found support around ₹60, this level is crucial for potential buying interest. Resistance Levels: Determine recent highs where the stock price has faced difficulty in rising...
"Welcome to SkyTradingZone " Hello Everyone 👋 TATAPOWER on a 1-hour timeframe Support Levels: Look for recent lows where the stock price has bounced upward. For example, if Tata Power recently found support around ₹230, this would be a significant support level. Resistance Levels: Determine recent highs where the stock price has struggled to break through. For...
Technical Analysis of NSE:ZAGGLE Cup and Handle Pattern: Zaggle Prepaid Ocean Ltd. has successfully formed and broken out from a classic cup and handle pattern, a bullish continuation pattern indicating strong upward momentum. The cup portion spans several months, showcasing a rounded bottom, which is a signal of consolidation and accumulation by buyers....
Deepak Nitrite Ltd, part of the specialty chemical sector, has surged 30% in the last 3 months, breaking out of a 3-year consolidation. The stock is trading above a crucial support level, and experts suggest short-to-medium-term traders buy on dips for a target above ₹3,400 in the next 1-2 months. After hitting a 52-week high of ₹3,168 on August 1, 2024, it...
Asian Paints is a large cap stocks and a market leader in paint industry. It has been consolidating beautifully, and we can see it moving towards ATH. Other factors: 1. RSI is improving 2. Steady volumes showing consolidating in a range 3. High delivery ratio from quite some-time 4. TTM topline and profitability is second best as compared to prior years 5. DIIs...
After forming a continuous bullish sequence, Nifty started a 3-wave corrective move from its high of 25,333.65. It completed the first leg of the correction, wave (W) blue, at the low of 24,753.15. Then, Nifty made a pullback bounce, reaching 25,130.5 for the second wave, (X) blue. Now, we are in the making of the third wave, (Y) blue, which is expected to...
"Welcome to SkyTradingZone " Hello Everyone 👋 INDIAVIX on a 15-minute timeframe: Current Price: 14.20 INR Day’s Range: 14.11 - 15.56 INR1. Key Support and Resistance Levels: Support Levels: 14.10, 13.90, 13.70 Resistance Levels: 14.50, 14.70, 14.90
"Welcome to SkyTradingZone " Hello Everyone 👋 AXISBANK on a 15-minute timeframe: Current Price: 1,015.50 INR Day’s Range: 1,010.00 - 1,020.00 INR1. Key Support and Resistance Levels: Support Levels: 1,010, 1,005, 1,000 Resistance Levels: 1,020, 1,025, 1,030
ADANIPOWER Current Price: 634.70 INR Day’s Range: 630.00 - 640.00 INR1. Key Support and Resistance Levels: Support Levels: 630, 625, 620 Resistance Levels: 640, 645, 650
"Welcome to SkyTradingZone " Hello Everyone 👋 Current Price: 81,183.93 Day’s Range: 80,981.93 - 82,254.791. Key Support and Resistance Levels: Support Levels: 81,000, 80,900, 80,700 Resistance Levels: 81,200, 81,450, 81,700 As of September 11, 2024, the BSE Sensex levels are: 5 DMA: Bullish at 81,843.71 10 DMA: Bearish at 82,061.98 20 DMA: Bullish at...
"Welcome to SkyTradingZone " Hello Everyone 👋 BANKNIFTY: Current Price: 51,103.85 Day’s Range: 50,447.30 - 51,380.05 52-Week Range: 42,105.40 - 53,357.701. Key Support and Resistance Levels: Support Levels: 50,900, 50,600, 50,300 Resistance Levels: 51,200, 51,500, 51,800
"Welcome to SkyTradingZone " Hello Everyone 👋 Support Levels Definition: A support level is a price point where a downtrend is expected to pause due to a concentration of demand. It represents a level where buyers tend to enter the market, which prevents the price from falling further. Identifying Support: Support levels can be identified by looking at past...