HINDUSTAN UNILEVER - SWING TRADE ON LONG SIDESymbol - HINDUNILVR
Hindustan Unilever is currently trading at 2185.
2185-2140 is a good support area for Hindustan Unilever.
I'm seeing a trading opportunity on buy side.
Buying Hindustan Unilever Futures at CMP 2185
I will be adding more if 2150 - 2140 comes & hold with SL of 2090.
Targets I'm expecting are 2265 - 2380 & beyond.
Disclaimer - Do not consider this as a buy/sell recommendation. I'm sharing my analysis & my trading position. You can track it for educational purposes. Thanks!
Futurestrading
ASIAN PAINTS - DOUBLE BOTTOM LONG ENTRY - POSITIONAL TRADESymbol - ASIANPAINT
Asian Paints is currently trading at 2822
2780 - 2830 is a good support area for Asian Paints.
I'm seeing a trading opportunity on buy side.
Buying Asian Paints Futures at CMP 2822
I will be adding more if 2785 comes & hold with SL of 2760
Targets I'm expecting are 2915 - 3015 - 3140 & beyond.
Disclaimer - Do not consider this as a buy/sell recommendation. I'm sharing my analysis & my trading position. You can track it for educational purposes. Thanks!
BANKNIFTY - GOOD TIME TO CREATE LONGS ?Symbol - BANKNIFTY
BANKNIFTY gave a breakout of ATH & touched 49000 level & then exhibited some profit booking due to global news flow. It is currently trading at 47335 which is a good support area.
I think BN will take support at these levels & will show a reversal from here.
Hence I am creating long positions in BN futures at CMP 47335.
I will add more position between 47080 - 47200, if comes.
My SL would be below 47000 & Targets I'm looking for are 47900 - 48470 - ATH.
SWING TRADE IDEA - BATA INDIASymbol - BATAINDIA
BATAINDIA is currently trading at 1340
1280 - 1350 is a good support area for BATAINDIA.
I'm seeing a trading opportunity on buy side.
Buying BATAINDIA Futures at CMP 1340
I will be adding more if 1300 comes & hold with 1280 SL.
Targets I'm expecting are 1435 - 1525 & beyond.
Disclaimer - Do not consider this as a buy/sell recommendation. I'm sharing my analysis & my trading position. You can track it for educational purposes. Thanks!
WILL NIFTY50 SHOW REVERSAL FROM SUPPORT LEVELS ?Symbol - NIFTY50
CMP - 21980
NIFTY50 witnessing heavy selling and now slipping below 22,000 round level.
Market sentiment is weak but according to my analysis, Nifty is now trading at major support levels.
22000 - 21930 is good support range for Nifty. I believe Nifty will take support from current levels & will show a reversal from here soon.
Dow Jones is at good support levels, Crude is showing reversal from upper levels etc. are the triggers that will help Nifty to go higher from current levels.
Hence I'm taking Future long positions in Nifty at CMP 21977 - 21980
I'll add more position around 21920 - 21930 levels, if comes & hold with 21880 SL.
Targets will be 22170 - 22300 - 22430
Banknifty till December 2023this research is the based on the past data of the market and at this levels reactions of market.
channel of trend is uptrend on daily basis.
and looking channel is nw high of market or near the all time high of market.
we can consider this research valid till mid of December 2023.
level 1 44400 -44600
level 2 44950-45202
level 3 45890-46265
nifty 50 upcoming This research is based on the past data and rend of the market how the react at that points/ levels.
we are considering days wise research,
Valid for upcoming days (whole Novemberand mid of December2023)*until unless any big movement in market,
leave 1 new high in market 20450-500
level 2 20250
Nifty50 plans for todays and weekends N50 is ready for new highs because...
constant bulls (fiis and dis) interesting
in indian market and stocks buyings.
we will see soon N50 above 20700+ soon might be this is possible end of this year 2023.
Election results in the favor of current central government..that will create positive impact on investor's (fiis & Dis) and market too..
On-Neck Pattern Breakout on TVS MotorAn On Neck Chart Pattern Breakout happened on the Weekly Time frame of NSE:TVSMOTOR
Price Action is well supported by the volume.
The stock is currently in uptrend making higher highs and higher lows.
One can add this stock into their stocks to buy list.
Initiate the long trade only according to the levels mentioned.
Stop loss will be on a Weekly closing basis.
Trend Analysis :- UP Trend
Chart Pattern :- Bullish On-Neck Chart Pattern
Technical Indicator :- Positive MACD Crossover
Disclaimer: This is for Educational Purpose only.
UNI/USDT Analysis: Potential Correction towards 4.8-4.9 ?
UNI/USDT is currently facing a significant resistance area between 5.65 and 5.70.
Traders should closely monitor price movements within this range, as a breakout above it could signal a bullish trend continuation.
However, our analysis suggests that a price correction is likely in the near term. We expect UNI/USDT to correct towards the key support level at 4.8-4.9.
This correction would provide traders with an opportunity to consider long positions at a more favorable entry point.
Additionally, the 5.65-5.70 area has witnessed a support-resistance flip, indicating a shift in market sentiment.
Previously acting as a support, this zone has now turned into a resistance level. Traders should pay attention to this flip, as it may act as a catalyst for the anticipated price correction.
Despite the recent resistance, the price of UNI/USDT has been exhibiting upward movement by forming higher lows. This indicates the presence of an underlying bullish momentum in the market.
Conclusion:-
In conclusion, UNI/USDT is currently facing resistance in the 5.65-5.70 zone, while a correction towards the support level at 4.8-4.9 is expected. Traders should monitor the support-resistance flip and price movements for further confirmation.
btc new low since middle of march $25351.02As the volume keep going down gradually there are higher chances that the altcoins once again start to show rally
all i am just saying is now we are moving in safer zone which is continuation zone
for a clear instance there are two major support being shown in the chart 1st and 2nd one
start your positions now
#btc #crypto #bullrun
#binance #lunccommunity
BTC long opportunity. Targets 31.4kAs we can see BTC has formed a hammer candle on a retest zone, We might hit a new higher high. If that happens we can surely lookout for long opportunity on next retest near 30460 or if it forms any bullish retest signal above that which will probably give the targets of 31432 & 32000. Let's see & wee.
Why?
Strong hammer on 78.60% fib.
We already have a breakout from a long & strong consolidation from 27.7k to 28.8k.
What can go wrong?
Wait for a new high. It is also possible to have a double top or head & shoulder near recent high level or before that.
#BANKNIFTY - 21/03/23 MARKET VIEWBased on the current market activity and price action analysis, it appears that BANKNIFTY is exhibiting a strongly bullish trend as of March 21st, 2023. Throughout the day, buyers have been overwhelming the market, indicating a high demand for BANKNIFTY and a positive sentiment among traders.
Given this market behavior, there may be a favorable long trade opportunity available within the range of 38950-39150, with a Target price of 39700 and a Stoploss at 38600. However, it is important to note that the decision to enter into any trade should be based on an individual's financial goals, risk tolerance, and investment strategy.
Moreover, traders should always exercise caution and implement proper risk management techniques, such as setting stop-loss orders, to minimize potential losses. It is also important to continually monitor market conditions and adjust trading strategies as needed to ensure optimal performance.
Nifty & BankNifty Setup for 01-03-2023In this video, I share my analysis for Nifty and Bank Nifty for tomorrow. I use my own technique called FASP to identify the immediate targets for the index.
These levels are important to recognize where the key resistance and support points exist. Map these levels to your charts and explore how it works for you.
Wish you a very happy and profitable year ahead!