Gap
TATAMOTORS BULL FLAGIT IS RESPECTING BULL FLAG PATTERN BUT IF LOWER LINE BROKEN MAX IT SHOULD GO TILL ARROW AS THERE IS GAP AND IT WILL BE FILLED TODAY GAP UP AND SAME DAY GAP FILL?
Long ITCGood support exists from 244-245 price band. Also, there is a gap in hourly timeframe. Expecting ITC to bounce from 245
NIFTY FILLED GAP WHAT NEXTMARKET DOES NOT LIKE GAP SO NIFTY FILLED GAP OF 200 POINTS AND TOOK SUPPORT AT VERY CRUCIAL SUPPORT AREA 11380 TO 11420...NOW IF NEAR TERM RESISTANCE OF 11500 TAKEN OUT THAN NIFTY CAN BE EASILY GO TO 11670 TO 11700 LEVELS...IF NIFTY TAKEN OUT 11380 VIEW WILL BE INVALIDATE
FM MEETING OUTCOME TO SET NIFTY DIRECTION. WILL THE GAP BE FILLED
I AM ACTUALLY WAITING FOR FRIDAY 13.3.19 MEETING. WHAT IS GOING TO BE OUTCOME.
FOR A WHILE NIFTY LOOKS RANGE BOUND IN HOURLY AND DAILY TIME FRAME.
ALSO NIFTY WILL SET NEW DIRECTION IF 200 EMA RESISTANCE IS BROKEN AND TAKEN SUPPORT ON IT (TIME FRAME HOURLY)
GAP TO TRADE ?200 EMA HOURLY RESISTANCE.
IF NIFTY ENTERS THE GAP IT WILL FILL THE GAP WITH RESISTANCE AT 11020.
IT WILL A SIMPLE TRADE.
VIEW ON NIFTY MIGHT BE LONG IF HEALTHY BREAKOUT GIVEN OF 200 EMA.
TCS GapYou can see gap in price of TCS today, a gap was also present last year in October and it soon filled. Today's gap will also be filled in near future.
Gap & Doji In Asian PaintsA gap can be seen in the price of Asian Paints(highlighted in green), a previous attempt to fill the gap on 18th April did not succeed, stock has been able to hold Fibonacci level of 23.6%. Two successive dojis can be seen recently and delivery percentage for last three days are 55%,67%,57%(positive sign). The stock might move up once again to fill the gap.
Jai Hind
Bank of Baroda chart viewBank of Baroda
CMP 123.40
Levels are mentioned in the chart
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take care & safe trading...!!!
Nifty; Again using Gap at the crucial zone...Nifty
CMP 10824
We had highlighted how Gaps in the zone around 10780 is acting as a crucial zone for Nifty.
Take a look at the chart again...
What we have seen today morning is another example of it. Another Gap up opening in the same zone.
Above 10780 Bulls have the upper hand.
But the question is Will it survive this time round...This is the 4th attempt now. Remember, this also suggests on 3 prior occasions it had failed.
Trend line resistance is around 10890.
Sell if Nifty is closing below 10780 on hourly chart or near trend line resistance zone with a sl of 40 points.
Alternatively one may consider selling Nifty 11000 Call option currently around 105
Lot size 75
Max profit potential of Rs 7875/- if Nifty closes anywhere below 11000 on 31ST Jan 2019.
The strategy has inbuilt loss protection for rise up to 11105 till expiry.
Take care and safe trading...!!!
NIFTY: Week Ahead, Spot & FUT Levels for 23/08/18.11562 looks Crucial.
If stays below that for 15 - 30 mins, more weakness will come.
bullish Gap at 11486 -11500, may possible Gap Covering in rest of the week.
In DOW JONES: Witnessing "Bearish ENGULFING" in Last trading session.
Future levels mentioned on Chart for "T+1 basis"
stay CAUTIOUS in STate BaNk Of IndiA i see that in a quite mid term horizon it is better to stay cautious and trade on levels only in state bank of india !
feel that it might fill the gap soon ..irrespective of near term ups and downs !
EXIDEIND Tingling near previous gap down area can trigger a sellEXIDEIND hourly is showing a failure to close the 217-220 gap create earlier. Lingering near the gap and failing to cross above can create a panic for bulls here. Micro structure shows a inter trendline break showing a chance of sell-off here.
EnTry: Cmp 211 or retest of 215 SL
SL: 223 (closing basis on hourly timeframe)
Target: 203/192 and rest ride the trend
Study of Gaps in Technical Analysis {On Long Term Charts}Dear All , Everything is mentioned Over the Chart ... Good Luck !!!
BANKNIFTY: FUT+ Spot, At a Glance for Trade Date 18th DEC 2017........ Spot & Future Intraday, future Weekly Levels plotted & mentioned on chart.
Bullish GAP formed on 15/12/2017, in Between 25,205.90 - 25,411.25.
Must Watch Weekly Levels, to know crucial Intraday Levels
Trade as per Specified level with description.
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Disclaimer: Only For STUDY. For Taking Trade Decision Consult Financial Advisor.
long but ...trade on levels onlyyyyyybuy @ 505 for safe traders level of 520 crucial and important ..!!!
Nifty Correction Ahead Explained in the charts
Declaimer: its my view. strictly ,, not a recommendation
Tata Motors at a Gap up support Tata Motors One can get long at current levels of 452 after gapup move up with HUGE VOLUMES but a fall to fill a gap is With low volumes, So price action Suggesting it will move up from here.
TGT- 465/472.
SL- 447
RR is completely in favors of Bull.
But keep in mind this is very volatile Stock so trade cautiously with low risk as RR is high so with low risk profit would be good.
TRADE SAFELY IN IT!
