Exponential Moving Average (EMA)
Gati - BullrunGati is looking very strong here.
Near to 200 EMA &strong volumes from past few sessions. In my view we can easily witness levels of 190-200 levels in short run & 220+ levels in mid to long run
BAJAJCON retested breakout levelBAJAJCONS has a weekly trendline resistance and horizontal resistance at 270 level and it retraced to 230-236 level and started raising. once it closes above 270 on weekly next resistance is at 320 which coincides with 200WMA and horizontal resistance.
RSI also nearing 60, indicating bullish momentum.
it took support at 21EMA.
Coal INDIA | Round Bottom | Parallel Channel | Wedge pattern 🎯⭕ positional Trading opportunity ! Daily Chart Alert !!! ⭕
--Buy above =139 or CMP
--Target = 183.10
--Stop-loss =126.60
--Lot Size = 6100
--R:R = 3.52
--Expected Profit = 11,16,000 ₹ per lot (31.63 % )
--Expected Holding = 3-6 months only
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⭕ Technical Reasons to trade or Strategy applied :- ⭕
1) 200ema breakout & retracement .
2) rounded bottom pattern at all time low .
3) parallel channel breakout
4) wedge pattern as well .
5) Fundamental looks good & technical indications are in buy mode.
Guys check out the related ideas as well, it will work really well GUARANTEED !
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✍COMMENT Below your view !
FLAG FORMATION (Price at Fibo 23.6 level and 9 day EMA Support)Positional Idea : LT has formed a flag on daily charts and price is taking support at Fibo 23.6 level and 9 day EMA, close above 1148 will confirm flag breakout, safe entry above 1177, post breakout flag target is 270 points.
Views for learning purpose only.
SHORT TERM IDEA - ASHOKLEYLAND (RESISTANCE ACTING AS SUPPORT)Price Broke out of the resistance/supply zone and gave a pullback, the price has taken support at the confluence of the previous resistance zone (which is now acting as support/demand zone) and 20 day EMA, above 93.20 can go upto 98-100 and above that can go upto 110, SL below 86 on daily closing basis, Also keep an eye on the sales numbers to be declared for november.
Disclaimer : For learning purpose only.
BANKNIFTY TRADE SETUP -BANKNIFTY MIGHT OPEN 200 IN THE PLUS
-INDEX YESTERDAY TESTED THE RESISTANCE OF 22300
-INDEX ALSO AGAIN TESTED THE SUPPORT OF 21960
-BIG MOVES ABOVE 22300 IN THE BANKNIFTY
-BANKNIFTY YESTERDAY REJECTED THE 100 EMA
-IF 22450 IS CROSSED ON COLSING BASIS WE ARE MOVING TOWARDS 23000-23800
-CRUCIAL SUPPORT PLACED AT 21960
-CRUCIAL RESISTANCE PLACED AT 22200-22300
BANKNIFTY RESISTANCE FOR THE DAY
22070-22200-22300
BANKNIFTY SUPPORT FOR THE DAY
21960-21630-21410
!!PLEASE NOTE THE ABOVE INFORMATION IS FOR KNOWLEDGE ONLY!!
!!TRADE ACCORDING TO YOUR RISK PROFILE!!
!!SUGGEST OPTION TRADES TO NAVIGATE VOLATILITY!!
!!HAPPY TRADING!!
READ OLD POST ON INDEX AND SEE HOW WE ARE POSITIONED IN THE INDEX
NIFTY TRADE SETUP -SGX NIFTY IS SHOWING A GAP UP OF 45 POINTS
-THIS SHOWS A POSSIBLE OPEN ABOVE YESTERDAY HIGH
-BEST PART IS NIFTY HAS BROKEN ITS 200-EMA ON DAILY CHART AND MANAGED TO CLOSE ABOVE 10550
-AND IF THE MARKET SUSTAINS ABOVE THAT WE CAN SEE BIG MOVES ON NIFTY
-A " BUY ON DIPS" RECOMMENDATION
-CRUCIAL SUPPORT AT NOW AT 10550
-MARKET IS LOOKING TO REASON TO RALY EVERYTIME
-KEY THING TO WATCH OUT IS THE FOMRATION OF A NEW TRENDLINE ON 30-MIN CHART
-PREMIUM WAS IN DISCOUNT THE FUTURE INDEX HAS CAUGHT WITH THE SPOT RATE
-THIS SHOWS THE SHORT COVERING YESTERDAY
-NIFTY NEXT TARGETS 10620-10740
-NIFTY INDEX CAN LOOK TO TEST ITS 200-SMA PLACED AT 10890
"BIG MOVES CAN BE EXPECTED"
"HINT IS IF MARKET OPENS ABOVE 200-EMA PLACED AT 10513"
"SUSTAINS FOR A THE FIRST 30-MINS AND CREATES A NEW MORNING HIGH"
"NIFTY THEN IF MANAGES TO CLOSE ABOVE 10540 THEN WE WILL SEE 10740-10810"
"PLEASE NOTE THE ABOVE READING IS BASED ON PRICE ACTION TO BE EXPECTED"
"PLEASE WAIT FOR CONFIRMATION"
"ALL PROVED TO BE RIGHT YESTERDAY"
NIFTY RESISTANCE FOR THE DAY
10620-10700-10740
NIFTY SUPPORT FOR THE DAY
10550-10520-10480
!!PLEASE NOTE THE ABOVE INFORMATION IS FOR KNOWLEDGE ONLY!!
!!TRADE ACCORDING TO YOUR RISK PROFILE!!
!!SUGGEST OPTION TRADES TO NAVIGATE VOLATILITY!!
!!HAPPY TRADING!!
READ OLD POST ON INDEX AND SEE HOW WE ARE POSITIONED IN THE INDEX
YELLOW LEVELS ARE CRUCIAL SUPPORT ZONES
YELLOW LEVELS ARE CRUCIAL SUPPORT ZONES
BANKNIFTY TRADE SETUP BANKNIFTY TRADE SETUP
-INDEX WILL OPEN LOWER
-BEARISH ENGULFING PATTERN VISIBLE ON THE CHART
-CRUCIAL SUPPORT PLACED AT 21200-21250
-INDEX CAN TEST ITS 20-50/EMA PLACED AT 20655-20750
-BANKNIFTY REVERSED JUST BEFORE TESTING ITS 100-EMA PLACED AT 22570
-PROFIT TAKING ON THE CARDS
-LOOKING FOR OPPORTUNITY TO "BUY ON DIPS"
-AGAIN TRADING THROUGH OPTIONS TO RIDE THE VOLATILITY
-BY THE SECOND HALF WILL START TO ACCUMULATE OPTIONS
BANKNIFTY RESISTANCE FOR THE DAY
21620-21470-21200
BANKNIFTY SUPPORT FOR THE DAY
21050-20870-20655
!!PLEASE NOTE THE ABOVE INFORMATION IS FOR KNOWLEDGE ONLY!!
!!TRADE ACCORDING TO YOUR RISK PROFILE!!
!!SUGGEST OPTION TRADES TO NAVIGATE VOLATILITY!!
!!HAPPY TRADING!!
READ OLD POST ON INDEX AND SEE HOW WE ARE POSITIONED IN THE INDEX