Reliance
1. Buy only above white pivot level.
2. The retailers may have a positive view of the market in relation to state election results. But, smart money may play on this idea and in the beginning market may fall and then pick up or vice versa.
3. Buy only when low of 1-12-2023 is not broken.
4. Time levels for tomorrow is 12.37 p.m. Buy only when price remains above high of this candle.
Conclusion:
a. Low of last session should not be broken; buy as near as possible to this level.
b. Price should be above high of these two candles 12/1/23 9:16 AM 12/1/23 1:42 PM and of course 12/4/23 12:37 PM
Disclaimer: I am not a SEBI Registered Analyst. Please consult your financial advisor before making any decision. I will not be responsible for any of your profits/losses. This is only for educational purposes.
Let you grow. May! I follow you.
Contains IO script
Natural Gas - Commodity to Buy and hold
1. Natural Gas is trading between two sky blue horizontal lines with corresponding sky blue trend lines of the Gann angles.
2. It is the best time to buy and hold if low of November 1 is not broken. Moreover high of 29th October 2023, is the major resistance. Dates of 4th November and time of 12:47 p.m. candle is important.
3. I have not plotted any indicator on the chart knowingly so that it gives you clear vision.
4. The commodity moves up slowly in upwards direction, but for sure, if you buy and trade swings, it will give you a lot of money. In the long run once Level of 3 is broken, expect a level of 5 very soon. Money will double within next 3 to 4 months.
5. For the next week, if low of 1st November is not broken, we are sure to see some good upward swing levels.
6. Sometimes it becomes difficult to post all the points which are important, so very soon will
start posting video ideas/ live streaming.
Disclaimer: I am not a Registered Analyst with any National/International Regulatory Agency. Please consult your financial advisor before making any decision. I will not be responsible for any of your profits/losses. This is only for educational purposes.
Let you grow. May! I follow you.
HDFC Bank - What Next
1. In my previous ideas on the stock, I recommended buy on the stock at 1480 with a target of 1509-21 and the 1560. So, in all 80 points in all for the month of November have been achieved.
2. What next: I could have drawn a harmonic pattern on 30 minutes chart and presented the analysis but, drawn some horizontal and trend lines for every one of us to understand.
3. Detailed analysis with price levels has been provided on the chart it self on the chart divided in three sections viz A, B & C. Price levels have also been provided.
Time Level: Candle of 9:16 a.m. in the last trading day provided resistance. Now, candle for tomorrow is 12:47 p.m. is important. Buy only when price is above high of both of these candles.
Disclaimer: I am not a SEBI Registered Analyst. Please consult your financial advisor before making any decision. I will not be responsible for any of your profits/losses. This is only for educational purposes.
Let you grow. May! I follow you.
Banknifty Intraday Prediction Levels for 1 Dec 2023Banknifty Intraday Prediction Levels for 1 Dec 2023
The chart indicates 15 min time frame. These Levels act as Support and Resistance according to position of price . They are strictly for Intraday Trading only. Execution only after break and close above the Resistance zone/Line or below the Support zone/Line.
Major Resistances- 43220,43310,43365,43500,43620,43700,43750,43910,44000,…
Major Supports- 42890,42775,42680,42630,42480,42380,42250,42085,41980,41850,…
These levels act as support and resistance. You have to trade according to level breakout or breakdown.
If You are a new trader then just watch ( No Trade) these levels for some days.
Happy trading.
Disclaimer:
I am not a SEBI Registered Analyst. Anything posted here is my own analysis and views. This is created for educational purposes only. Always consult your Financial Advisor before taking any decision or trade.
Nifty Intraday Prediction Levels for 1 Dec 2023Nifty Intraday Prediction Levels for 1 Dec 2023
The chart indicates 15 min time frame. These Levels act as Support or Resistance according to price. They are strictly for Intraday Trading only. Execution only after break and close above the Resistance zone or below the Support zone.
Major Resistances- 20190,20240,20265,20290,20340,20390,20440,…
Major Supports-20080,20040,19980,19945,19915,19875,…
These levels act as support and resistance. You have to trade according to level breakout or breakdown.
If You are a new trader then just watch ( No Trade) these levels for some days.
Happy trading.
Disclaimer:
I am not a SEBI Registered Analyst. Anything posted here is my own analysis and views. This is created for educational purposes only. Always consult your Financial Advisor before taking any decision or trade.
Natural Gas Update - Live Market Analysis
Last time candle in the evening (UTC+5:30) as notified by me was 12-1-23 6:08 PM but it was broken now next important candle is 12-1-23 10:34 PM. Also, we are near 1.618 Level of previous swing. Noting to worry, price will pull back from here. You can also see that price is just above 200 SMA. William's R% is also oversold.
Please note that today being first day of the month. Whatever, low is made today will be monthly low so, recovery will come thereafter. Those who are not already in, may wait till 4th December because if recovery comes, it takes at least 3 hours for the levels to come. Those, who are already in, may wait and nothing to worry.
Disclaimer: I am not a Registered Analyst with any National/International Regulatory Agency. Please consult your financial advisor before making any decision. I will not be responsible for any of your profits/losses. This is only for educational purposes.
Let you grow. May! I follow you.
ICICI Bank
Look at the picture in the chart in the light of following points:
1. The price of the stock is showing its resistance at the trend Line drawn by way of Fibonacci Spiral from 950.35 to 935.1.
2. White Horizontal Line drawn at 940.9 is another resistance.
3. Buy only above 940.9.
Disclaimer: I am not a SEBI Registered Analyst. Please consult your financial advisor before making any decision. I will not be responsible for any of your profits/losses. This is only for educational purposes.
Let you grow. May! I follow you.
IRCTC - Stock to Buy
Has a support between two parallel lines drawn in white. It is the monopoly stock to buy for an immediate target of 723.
Disclaimer: I am not a SEBI Registered Analyst. Please consult your financial advisor before making any decision. I will not be responsible for any of your profits/losses. This is only for educational purposes.
Let you grow. May! I follow you.
Havells India - Stock to Buy
Please refer to my previous discussion on the stock. Buy with a stop loss of 1298. Levels to watch today 1293, 1297, 1301. After 4th it will become bullish. Expect a level of 1400. Please do not take delivery today because option chain is showing max pain of 1300 today. Wait till 4th December and buy above 12-4-23 12:37 PM candle.
Today's range is from 12-1-23 9:16 AM till 12-1-23 1:42 PM
Disclaimer: I am not a SEBI Registered Analyst. Please consult your financial advisor before making any decision. I will not be responsible for any of your profits/losses. This is only for educational purposes.
Let you grow. May! I follow you.
Aurobindo Pharma
1. Aurobindo Pharma showing its major resistance at the level of 1057.95 marked by white horizontal white line and second resistance 1041.55 marked by a green horizontal line.
2. As per William's R% it is in overbought zone.
3. Expected range as per option chart is 1050-990 with max pain at 990.
4. Today's two candles in the Indian Market are important (i) 12-1-23 9:16 AM and ((ii) 12-1-23 1:42 PM are important. All major stock especially Auto Stocks may show a dip for the month.
Disclaimer: I am not a SEBI Registered Analyst. Please consult your financial advisor before making any decision. I will not be responsible for any of your profits/losses. This is only for educational purposes.
Let you grow. May! I follow you.
US Oil
1. US Oil has greatest support at 74.99 marked by a white horizontal line.
2. Resistance at 78.05.
3. It will not break the resistance till 4th December 2023 at least.
4. For today this candle is pivotal 12-1-23 6:08 PM
5. This candle 12-4-23 5:03 PM is pivotal.
6. Price swing levels have been provided on the chart itself.
Disclaimer: I am not a Registered Analyst with any National/International Regulatory Agency. Please consult your financial advisor before making any decision. I will not be responsible for any of your profits/losses. This is only for educational purposes.
Let you grow. May! I follow you.
Natural Gas - Bullish
1. Natural Gas has made double bottom of at low of 2.7560 on 29th and 30th September 2023 at 1.1414 Fibonacci level of my indicator.
2. Created support at 2.7830 for the last three days and trading above it.
3. On the daily chart it is trading above 200 and 100 SMA.
4. Williams R% plotted at the bottom is showing oversold situation.
All these factors combined together, indicate a bullish trend. Best Opportunity to buy and forget.
1. Natural Gas has made double bottom of at low of 2.7560 on 29th and 30th September 2023 at 1.1414 Fibonacci level of my indicator.
2. Created support at 2.7830 for the last three days and trading above it.
3. On the daily chart it is trading above 200 and 100 SMA.
4. Williams R% plotted at the bottom is showing oversold situation.
All these factors combined together, indicate a bullish trend. Best Opportunity to buy and forget.
5. Most important 12-1-23 12:24 AM with price of 2.7891 candle was the pivotal candle, it is trading above it so again a bullish sign.
6. Invest and hold above this candle.
7. In the evening 12-1-23 6:08 PM this candle is pivotal which will hold the future trend.
Disclaimer: I am not a Registered Analyst with any National/International Regulatory Agency. Please consult your financial advisor before making any decision. I will not be responsible for any of your profits/losses. This is only for educational purposes.
Let you grow. May! I follow you.
Aurobindo PharmaShort below 12:56 Candle, as mentioned in my previous idea on the stock.
Disclaimer: I am not a Registered Analyst with any National/International Regulatory Agency. Please consult your financial advisor before making any decision. I will not be responsible for any of your profits/losses. This is only for educational purposes.
Let you grow. May! I follow you.
Natural Gas - Live Market Update
Natural Gas is in buying zone but buy only above 2.8360 marked by white horizontal line which is S4 Level of my volatility based indicator.
Candle of 11-29-23 12:56 PM in the morning session and
of this in the evening session11-29-23 9:48 PM are going to play major roles.
Disclaimer: I am not a Registered Analyst with any National/International Regulatory Agency. Please consult your financial advisor before making any decision. I will not be responsible for any of your profits/losses. This is only for educational purposes.
Let you grow. May! I follow you.
US OIL - Update
US Oil flew yesterday as per my idea over 74.9 but trade cautiously because it is still trading below 200 SMA in daily chart.
It is no doubt trading above 38.2% Level of previous swing but candle of 11-29-23 12:56 PM *UTC +5:30) is going to play a pivotal role. Buy only above high of this candle.
Disclaimer: I am not a Registered Analyst with any National/International Regulatory Agency. Please consult your financial advisor before making any decision. I will not be responsible for any of your profits/losses. This is only for educational purposes.
Let you grow. May! I follow you.
US OIL
Presented are the time and price levels for US Oil for 27th November 2023.
Please adhere to proper time levels. especially high and lows of time candles.
Disclaimer: I am not a SEBI Registered Analyst. Please consult your financial advisor before making any decision. I will not be responsible for any of your profits/losses. This is only for educational purposes.
Let you grow. May! I follow you.
US Oil - Update
For the sake of simplicity and understanding of each one of us, on the monthly chart of the commodity, I have drawn just two parallel lines in white and green between 75 and 76.88. The stock; though commodity is trading below 200 SMA yet showed its bullishness in the last week and traded from 72 to almost 77 and now trading back above 76. In terms of INR 6400 is a Gann Number and if the stock starts trading above this, nothing to worry at all.
It seems gaining its monthly level again and turning bullish again.
Commodity is in oversold zone as per William's %R.
Today's time candles are 11-24-23 4:25 AM
11-24-23 8:51 AM
11-24-23 1:17 PM
11-24-23 5:43 PM
11-24-23 10:08 PM
Out of these, the pivotal candle is 11-24-23 8:51 AM. Buy, above high of this and sell below.
Please set your tradingview account to time of UTC+5:30.
Disclaimer: I am not a Registered Analyst with any National/International Regulatory Agency. Please consult your financial advisor before making any decision. I will not be responsible for any of your profits/losses. This is only for educational purposes.
Let you grow. May! I follow you.
Bank Nifty - Word of Caution ]
Presenting here is the monthly chart analysis of Bank Nifty.
1. Drawn is a channel with middle line is white dotted line.
2. Also drawn in white are the waves in white.
3. There could be difference of opinion in drawing Elliot Waves, but I clearly see 5 waves above middle white dotted line.
4. There is a continuous bull run over this middle line for the last 10 years i.e. from 2nd May 2013 as depicted by a white vertical line.
5.Below the chart, check that the Volume during Covid increased and is declining continuously since then and never picked up again.
6. Again William's percentage R is showing overbought position continuously because it is running above -30.
7. Check the last 5 monthly candles, showing a falling wedge.
8. Over the last 6 months you may see that some of the banking stocks fall and some go up unnecessarily. (In short, it seems index is being managed).
9. Cycle of stocks generally shows downfall from 25th December to March.
10. Elections are around the corner.
11. All these factors (not necessarily) but taken together are indicating a deep correction
at least till the level of arrow drawn.
Conclusion: Trade with caution.
Titan - All Time High BreakoutFundamental :
* New revenue streams from Apparel & Consumer Products are solid.
Technical:
* High Relative Strength Vs Index
* Sector doing great
* All-time high breakout
Bias:
Invested in personal PF, so far 3x in the last 3 years!
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Bank Nifty trade plan for 23 NOV 2023Bank Nifty trade plan for 23 NOV 2023
Nifty is structurally bearishly aligned for the day and is expected to within the yesterday's range with a small gap up.
In case Bank Nifty fails to break out the upper resistance band on morning session then we can anticipate bank Nifty to trade in a range for the day and can expect to test out lower band as plotted.
Any resistance from Previous day close will be opportunity to short for previous day low.