NSE:NIFTY we could see the formation of "W" or double bottom pattern one can enter in call side, nifty above 19500 it can show sweet targets. the stop loss would be low of 11:15 candle confirmation could be 11:10 5min candle which is forming bullish pin bar, which also indicates bullish reversal trade as it has formed around the day low Thank you and follow for...
The banking index yesterday outperformed Nifty long oi addition witnessed in derivative dat now need to sustain above 45200 for strong shortcovering move
Double Bottom pattern has been formed on Tata Chemical breakout of the neckline will result in a bullish movement. Expected Targets are: TP1 - 1028.85 TP2 - 1037.10
The counter looks set for a strong move and most likely to see 600 odd areas with ups and downs in between
In the Weekly Chart of BALRAMCHIN , we can see that; it has given W pattern breakout. Soon we will see Cup & Handle pattern breakout. Enter on retest of W pattern breakout. Hold and Go long at least till 520.
After 2 weeks of bearish move Nifty may take a cool off session for another 12 to 16 days. when it breaks the recent high 19646 we can expect a sharpe correction to bounce back to take off 20100 mark by September 3rd week. This could be 1000+ points ride expected based o n my analysis. Pls do your own analysis before taking any of your trade as this is only for...
Banknifty . Enter once after " Breakout and Retracement ". . . For " long " entry: 45410 target: 45575 - 45760 stoploss: 45200 . . For " Short" entry: 45230 target: 45020 - 4487 stoploss: 45350 . Enter only if market Breaks "Yellow box" mentioned. . Wait for proper reversal and conformation. . Don't make complicated trade set-up.📈📉 Keep it " simple,...
Double top, dividend registered- now expecting a quick pull back before the next leg starts.
AshokLayland Creating "W" pattern in Daily charts. If its sustain above @170.00 then we are witnessing to go a Bullish Rally. Initial Target Point: @182.00 Keep track traders.
From yesterday we were bearish, so the moves in the forenoon session gave us some validation. But it was nothing like Nifty, the cuts in banknifty were not aggressive even though we lost similar points. The options flow was not indicating that deep a fall till afternoon - the premiums on nifty was far superior than banknifty (which has been unusual lately)....
Maybe it was the news that Fitch cut the US rating from AAA to AA+ that sparked the reversals in Asian markets. Our market too started to fall but had a decent recovery in the last 1 hr (just as usual). The global markets were staying at elevated levels for quite some time now. Our market is at the APEX with the outperformance unchecked. Even with such a strong...
BankNifty Weekly Analysis Banknifty has fallen an impressive 3.18% compared to just 1.89% of Nifty. The major reason for that is Banknifty always acts as leading indicator in a trend change NiftyIT and Reliance were supporting Nifty in the last week. Once the US market started falling due to the Fitch rating downgrade, NiftyIT started correcting which ensured...
price double top bna kr neck line ka breakout kr chuka h entry le skte h
NSE:GSS #GSSInfoTech Low risk entry around 180-190 Volume picking up near the support zone.
BANK OF INDIA Weekly Chart Breakout If BANK OF INDIA Daily chart close above @86.30 then go for Bullish run on Short Term Perspective. ::Data Point:: Potential Breakout Level: @86.30 (Entry Point) StopLoss Level: @76.50 ( approx. 10%) 1st Target Level: @101.50 (approx. 18%) 2nd Target Level: @110.00 (approx. 27%)
It appears that the price of Dollar Industries Ltd. has reached its lowest point after trying and failing to go below a certain level. Instead, it started going up again, which is a sign that a new upward trend may be starting. the price seems going above the highest point between the two lows, it confirms that the trend is changing to a more positive one and...
AFFLE breaking out from double bottom huge volume good RSI trading above 20 ema educational idea only
HIMATSEIDE Analysis on Weekly Timeframe Bullish view on HIMATSEIDE Double Bottom Pattern Formation in HIMATSEIDE Neckline Breakout HIMATSEIDE has made double bottom patten on Weekly Timeframe. The price has given breakout to the neckline 85.45 and now it is trading above it. We can see the breakout has happend with the good volume. We can expect further...