As we analysed we did analysed this great recovery from 34000 and reached till 34500 which is also a psychological level and got rejected from that very level making it a very crucial range and hence if it opens strong and sustains above 34000 we can still look for buying! on the other hand if opens big gap down then 35000 will act as a great Resistance and we can...
NSE:NHPC shows strong buy indicated by PSAR, MACD & Fisher crossover followed by EMA & MA Crossover Target 2: 37.60 Target 1: 34.85 Stop Loss: 29.05 𝑫𝒊𝒔𝒄𝒍𝒂𝒊𝒎𝒆𝒓: The analysis is only for illustration purposes only. Please consult your financial advisor, agent, broker before acting on any information. We may or may not have positions in the stock and our...
Gold has formed a double top and if the current support break we can see gold around 1270$ level
As we can see BANKNIFTY despite of its weakness closed above 0.618 fib level showing the hope for bulls, if opens weak then we might see 34000 which is a very strong support and a psychological level wherein multiples reversals can be seen before and hence we should not short banknifty aggressively and look for supports for making new buying positions
After a hugh upmove stock has been in consolidation. Now stock has give a good breakout with almost highest volume since Sep 2021. It has been consolidating and strongly taking support at 038 fibo level. For last three weeks it have been approaching the resistance line and now gave breakout. There is high probability that it may make a new fresh 52 week high in...
1. Currently its moving towards down trend in minor trend (In Day wise). 2. Now, Price action & Fibb tool (23%) met at same postion(Rs.1265) 3. If it is crossed Rs. 1270, recommended to by for Swing trade.
Affle India is struggling between Fibonacci levels and above support trend lines
BRITANNIA is indicating bounce towards 3487-3578 from around 3300-3258 with exact stop of 3239. Analysis and Trade Setup is based on 38% Retracement Breakout Trading Strategy.
-> Inverted Flag Pattern Breakdown.( Trend Continuation Pattern ) -> Inverted Hammer Candle Retest. -> Fibonacci 61.8 Level rejection. Entry : 124.4 ( Just below the low of retest candle ) SL : 127.3 ( Just above the high of retest candle) Target : 118 ( Previous swing low can be the target )
Bitcoin (BTC) is indicating decline below 37500 based on 38% Retracement Breakout Trading Strategy. Selling Range is 39060-38420 and Stop loss is 39581.
BSE:MISHTANN shows strong buy indicated by PSAR, MACD & Fisher crossover. Target 1: 32.85 Target 2: 39.35 Stop Loss: 26.55 𝑫𝒊𝒔𝒄𝒍𝒂𝒊𝒎𝒆𝒓: The analysis is only for illustration purposes only. Please consult your financial advisor, agent, broker before acting on any information. We may or may not have positions in the stock and our actions may be contrary to the...
Bajaj Finserv has started it's final bearish, where we have seen a speculative boom downside. After breaking 50 & 200 EMAs , it started falling for wave Z . Traders can expect the following targets: 14631 - 14449 - 14176 . The Control line will work as a hurdle for intraday traders. Bajaj Finserv has formed in the descending channel for more than 27 weeks...
#ETH is currently confirms support in weekly frame and the last weekly supports volume that means we can see a good move in #ETH try only to buy in spot
INDIGO is indicating low risk buying in 1824-1717 range with exact stop 1669 for targets above 2300 in coming days/weeks. This analysis and trade setup is based on 38% Retracement Breakout Strategy.
Bharat Electronics (BEL) is indicating sell based on 38% Retracement Breakout Trading Strategy. Indicating Sell in 238-246 range with Exact Stoploss 249.90 for Targets 204-193. Risk Reward is 1:3.
As we can see NIFTY reacted from its strong demand zone which is around 16800-17000 which has been discussed many times in our analysis before showing multiple touch points and hence unless NIFTY maintains itself above 17000 we should not short ! Now we can again expect more like a recovery move ! if it opens gap down to flat, we can make new buying position which...
Banknifty Elliott wave count as shown in charts from wave 1 to 5. Currently we are in complex wxyxz correction. The final Z wave should be in progress which should break previous low. The new low is expected to be between 31400 to 30000 The drop from X wave can be looked as Zig zag correction on downside with current wave B in progress and will start C wave...
NSE:GHCL shows strong buy indicated by PSAR, MACD & Fisher crossover. Target 1: 748.85 Stop Loss: 625.30 𝑫𝒊𝒔𝒄𝒍𝒂𝒊𝒎𝒆𝒓: The analysis is only for illustration purposes only. Please consult your financial advisor, agent, broker before acting on any information. We may or may not have positions in the stock and our actions may be contrary to the one mentioned here....