Nifty 50 important levels for intraday trading session of 13-06-2023. We can witness a trading opportunity after range breakout on either side.
Nifty 50 important levels for intraday on 15 min time frame for intraday trading session of 12-06-2023.
Paytm is showing strength and increase in volume every day and can give massive breakout in short term. I see it touching 800 in coming sessions. 760 first target and then 840 second target
Go Long above 873.9 for Targets of 1032, and 1137.4 with SL 821.2 Reasons to go Long : 1. On a Monthly timeframe if we draw the Fibonacci retracement tool from the recent swing low (point A) to the recent swing high (point B) then we see stock took support around the 0.618 Fibonacci level. 2. Also a bullish candlestick pattern Bullish Harami (marked with orange...
Banknifty is trading in a 2% range for last four weeks. Before it the market has given a 4000 points move in 7 weekly candles. Creating a new ATH and consolidation near it shows the strenght of the buyer. Whereas, selle are trying to sell near the high but seems to be weak. The index has travelled more than the 9% move in Nifty. Chance of end of bearish trend...
Nifty closed below the area where major trading is happening and the seller are really hit on the game selling markets at high. Though, it is a short term bear market. For last two weeks, market has consolidated and has formed another doji near the high. Markets are in confusion and the buyer-seller fight is still on. There is a confirmation as a double top...
LONG TERM ANALYSIS 1) Chart analysis on weekly TF 2)As per Fibonacci Above 144, can aim for target of 156,171,194
Looks like IRCTC is moving towards 473 (hopefully this will be a good support), if that break next 380 will act as a second support
As we posted banknifty anylysis yesterday we executed the trade as per our levels which worked perfectly and captured 200 points in todays(08-06-23) market. This Analysis is continuation to the previous analysis. As Market closed at 43995, If we apply Fibonacci levels on todays movement 44144 to 44182 is the retracement zone. Where there is a high probability...
Nifty 50 important level for intraday on 15 min TF for 09/06/2023
Looks like Graphite India will see a 35% correction this year based on the movement of this stock and fib level
BINANCE:BTCUSDT going through complex WXY correction. Currently into subwave A of major wave Y. Possible target for end of WXY correction between 25700-25300.
Bullish View: US100 Buy Levels: 13776-13735 Target : 14111, 14217 SL : 13690 Risk is yours and Reward is too yours totally Time Frame : 15 days max
JSW steel on the weekly charts has been consolidating in a range and trading around the 20 ema. The stock has taken support from 0.618 fibonacci level but unable to close above 0.382 levels. It is consolidating in the same range. Stock can give either side movement and is currently trading near the resistance levels. On the daily time frame, the stock is...
Looks like 2435 will be a possible powerful resistance for this stock this year if 2435 break these are possible targets Target 1: 2870 Target 2: 3500 Target 3: 3875 If Target 3 achieved we can call it as V Shape Recovery
NSE:NIFTY looks to extend the current corrective phase till 18450-18420 or in worst case till 18360 (rare chance but still a probability) level. ● Wave a (sky blue color) with subwaves i-v (purple color) completed on 2023.06.01. ● Currently into wave b (sky blue color) which is an abcde (purple color) contracting triangle pattern. ● Wave c (sky blue color)...
Self explanatory elliot wave chart if breaks previous swing high it will reach min. 550. Alternatively it can wave X of WXY with W being flat but less possibility. Tomorrow open will decide whether it will go to 550 or again test 510-500
Banknifty completes Fibonacci retracement levels on 31st may. Now it’s ready for another bullish move. Today’s day high and low are the key levels to take buy or sell decisions. Mark the levels on chart for tomorrow and take action accordingly. -Sairam Adapa Oneshot Trader