Overall Trend : Down Retracement at least 50-60 Points in Nifty50 Entry below Shooting Star SL : 5 Points + above Shooting Star Risk Reward : 1: 2:3:4:5
once again Dow price rejection at previously discussed several times as resistance and distribution area as shown in chart. Rejection is very clear with diamond pattern indicating bearish trend towards target of 32000 which is previous seen support.
Good day, Hello Traders, Kotak Bank the big giant of Indian Bank Industry is standing on the verge of downside. Can come upto this level in case it breaches the level of 1629. Time Frame: Weekly It also depends how market behaves. Chart Self Explanatory. Disclaimer: I am not SEBI registered analyst; this is for educational purposes. Please trade as per...
Good Day, Hello Traders, ABFRL is ready for a big downside as it went through different phases Firstly, it was in a parallel channel upside from Feb 21 till May 22.It incldes a HEAD and SHOULDER pattern which it formed during this phase. It broke the neckline in June 22 with a heavy sell off in the weekly candle. Suprisingly , it rallied since July 22 till...
CENTURYTEX:- The stock has formed a rounding top pattern, if the stock sustains by giving a downside breakout, we may see a downside movement in the stock, watch out Hello traders, As always, simple and neat charts so everyone can understand and not make it too complicated. rest details mentioned in the chart. will be posting more such ideas like this. Until...
#Banknifty analysis... Banknifty are consolidate on 1HR chart 42370 to 42290 zone. If the market break downside then we can go for PE(PUT) First target =42256,42159,42067,41986. If the market break upside then we can go for CE(CALL) First target = 42427,42497,42544,42609....
#banknifty is consolidation so wait for breakout market is still holding their level may be the market making some exhaustion for big move... If the market break upside so first target =42379,42455,42512,42645. if the market break downside first target = 41971,41876,41803,41696.
One more downside move upto the level of 37150 is expected according to my analysis.
COAL India Stock at a recent high on the weekly chart will correct before further upside moves. So Short Call if 177 level breaks with SL of 182-185 levels Can be look for Intraday with 5min Chart for SL levels ---- Note: Above levels are for education purposes only Do your own analysis before taking any trade
Something has spooked, shaken, and violently swirled the crude markets. What exactly is brewing with oil? The rising and strong trendline that began in Apr 2020, has been tested twice on the weekly time frame earlier. This week, it's simply taken out. Broken in one clean swipe. It's almost like a butcher's big solid knife has sliced through warm butter....
SAIL | Downside trend... weekly breakout on downside 10% down
Nifty is in rangebound in some day before 17370 nearby. . So for tomorrow, if Nifty cross 17370 we can see the upward momentum till 17440. . If Nifty goes below 17320, we can see downard momentum till 17250. . Between these if Nifty is rangebound avoid trade for tomorrow.
So, Nifty is traded at around 15632, so what we should consider on expiry day. . 1. 15733 is a strong resistance level if Nifty goes upside and break the level and made 15 minute green candle then only we will buy CE. 2. 15733 is a strong resistance level so maybe once Nifty touch this level and then reverse. So wait for the full breakout. . If I am talking about...
Nifty made a triangle pattern, . So if Nifty may break on upside and then our Target is15900. . If Nifty Break on downside so, 15746 is a strong support so if its break then Nifty cover the gap between 15700-15746. . So trading according to this, what's your view on this comment below in the box. .
So guys, Today Nifty break the strongest support level of 15799 that's why we see the big downside. . As you see the Nifty made trend line. . So for tomorrow If Nifty break the resistance of 15770, so we will buy CE for the level of 15840. . If Nifty goes down side and break the 15680 then we see the level of 15620 and 15530. . What's your view on this comment...
The stock has formed a ascending channel and breakdown from the channel expecting down side and also formation of head and shoulder pattern Disclaimer: Please consult your financial advisor, Investment/Trading in the securities market is subject to market risk, We are not responsible for your profit or loss
Hope market opens flat or small gap-down. Big gap up then don't trade or see price action and enter As after a fall, there are continuous resistances upside trend and tomorrow is option expiry My view is negative tomorrow but hope the first half is : sideways then 2nd half : if the bank nifty cross 29800 then big bearish downtrend till 29000 or 29100 ...
Indiavix closing is 29.97 and create the #Trippletop in the 1-hour timeframe and also break the triangle in the 1-hour timeframe so now in the downside target is 26-23 and upperside resistance is 31-32....