Bank Nifty to Fill Previous Gaps?Is Bank Nifty trying to feel previous gap?
Target / Support - 37950
Stoploss - 39518
Gapfill
Nifty to Fill Gaps?Yesterday Nifty has filled one Gap. Can we see all the Gaps filled?
Support 1 - 16,653
Support 2 - 16,339 (-3.55%)
Will the fall stop after filling these gaps?
MOTHERSON | Momentum looks good for a reversalMOTHERSON | Momentum looks good for a reversal - Consider holding for full target with little patience this year.
CMP : 126
SL : 110
Target : 180, 200
Almost 1:4 risk reward setup
Nifty Spot Weekly Outlook 30th May to 03th JuneFalcon Analytics Outlook Nifty 50 for the Expiry week ( May 30 – June 03 )
As Discussed in Last Weekly Analysis Nifty witness selling pressure @ major resistance @ 16387 on Monday, while the major support for the week @ 15560 was not breached.
Technically for this week on the daily charts we see major support on the downside for Nifty50 index lies at 15907 levels,
whereas major resistance on the upside is capped around 16418 levels.
If Nifty50 index breaches major support on the downside and closes below it, we may see fresh break down and index can drag towards major support on lower side around 15712/15516 and and if breaches major resistance on the upside and closes above it, we may see fresh breakout and index can head towards higher levels around 16538/16734.
Currently Nifty50 index is trading Below Red Line 200 day EMA @ 16754 suggests long term trend is Bearish.
Range for the week is seen from 15907 on downside and 16734 on upside.
Below Mentioned Spot Levels can be used to trade Long Or Short during the week ahead.
( All Spot Levels)
RESISTANCE 4: 16929
RESISTANCE 3: 16734
RESISTANCE 2: 16538
RESISTANCE 1: 16418
WEEKLY PIVOT LEVELS: 16223
SUPPORT 1: 16027
SUPPORT 2: 15907
SUPPORT 3: 15712
SUPPORT 4: 15516
A ll above views for education purpose only.
Regards,
MD. [
Tata Motors- Descending Triangle30minNeutral as of now.
Needs a good breakout from the base to take a short position.
Targets are Given on the chart.
NIFTY | Looks good for 250-300 points rally (17500 CE)NIFTY | Looks good for 250-300 points rally (Can try 17500 CE)
Spot Levels :
CMP : 17280
SL : 17180
Target : 17550
Option Levels :
NIFTY 17500 CE (April Expiry)
CMP : 55
SL : 20
Target : 120, 180
#Nifty50 #Nifty Gap Fill ???Nifty 50
After formation of Triple Top pattern
Now seems come down to fill Gap
Look for Short Position 60-100 pts
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Note:
Above levels are for education purposes only
Do your own analysis before taking any trade
Please Like & Follow
#LTTS Gap to be filled tomorrow on daily chart | Keep eye#LTTS
There is gape on daily chart. chances to be filled may be tomorrow as per current trend and market. Chart is self explaimantory.
Nifty Trade Plan for 02/03/2022On Intraday terms Nifty is Moderately Bullish for 02/03/2022. As there are multiple support levels for nifty to hold the downside, 16720 - 16660 will work as an area of support for the day while on the upside price might see resistance at 16920-16950 zone if that gets clear out than possibility of seeing 17050 is high on intraday basis. Also there is a possibility of filling the Gap which was made between 23-24 Feb.
Bandhan Bank Falling channel+ GAP to fillBandhan bank looks ready for a falling channel breakout along with a small gap to fill.
Trade Plan 20 Jan 22 onwards : Bank NiftyLevels as mentioned on the chart
Views are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk.
"Always Respect Risk"
Happy Trading
Jai Hind
NIFTY 50NIFTY 50
Chart Study
Support - 16900
Resistance - 17109
Time Frame of Chart - 1 hour
Conclusion - Gap filling red required. If 16900 support broken we can see nifty drag down to red area. 21 EMA trend showing correction phase. If 17109 broken upside on 1 hour chat or 15 min chart we can see upside move on nifty.
This chart is only for educational purpose. Do your own analysis before taking any trade or contact your financial advisor
QUICKHEAL | Channel Breakout + Gap filling opportunity | 25-30%QUICKHEAL | Channel Breakout + Gap filling opportunity - Potential for 25-30%
CMP : 250 (242)
SL : 235
Target : 315
Almost 1:6 risk reward setup from dip
Holding period : 1-3 months
todays nifty50 - prediction - morning starnifty50 has formed a morning star which could state tomorrow nifty might endup green, however be careful while trading as the gap is still not filled if tomorrow ie 15-12-2021 the market remains in green then on Friday there could be a downtrend and gap filling might happen.
gap filling is not necessary will happen instantly it may take weeks or months but chances are very high for price to come down and fill up the gap..
lets wait and watch
MCX Natural Gas gap to fillmcx natural gas abv 377 bias is positive
will have more strength if breaks 385
Weak below 360 only...
ICICI BANK case studyIcici bank spot cmp 763
counter gave a gap up opening few days a go,, but the opening candle of particular day was not crossed and there was no follow through buying,
now counter have reversed and filled the gap,, currently around demand zone of gap levels and golden means retracement ratio of previous swing.
very small candle formation around lower levels with low volume
divergence on rsi on all lower time frame till 60 min
RSI over sold on all time frame below 60 mins
reversal in counter possible from current levels
time to cover your shorts and rethink of what can be done..
IEX TRADE SETUP FOR TOMORROW (12th Nov)IEX share testing 793 levels as you can see in the chart after a good upward trend,
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Now stock is testing 793 level and you can see there is a gap between 800-920,
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So if stock goes above 793 you can buy this trade 800 is a strong resistance if stock break the level on tomorrow,
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You can see the good upward momentum in this stock.
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What's your view on this comment below in the box
Breakdown>Retest OR Gap- filling?Stock gave a breakdown near 1070 in last trading session and today moved till 1000 to fill the gap (1012 to 1037) that was created on 18th June.
After filling the gap, stock started to move upward.
Let's wait & watch how the stock behaves near breakdown level.
ADANIPORT - Gap fill Short term TradeNSE:ADANIPORTS
Adani Ports is going for a Gap fill and bullish breakout
Target 1 - 840
Target 2 - 900
SL - 750.
Disclaimer - Its a not a Recommendation.
Sterling Wilson Gap Fill with good volumes. Ready for 600-750The gap is being filled after a very long time..looks like will spike up with huge volumes.
SWSOLAR - Gap fill for NOV 2019 Upside Potential 37%NSE:SWSOLAR
Gap from Nov 2019 is being filled and once Above 400 It has big potential for Upside till 550 Level.
EXIDEIND | Gap filled now reversing - Lets try 16%EXIDEIND | Gap filled now reversing - Lets try 16%
CMP : 183
SL : 178
Target : 215
1:5+ risk reward setup
