Nifty Analysis - Stance Bullish ⬆️ Recap from yesterday: “Till yesterday, we were looking for neutral trades with a possibility of going down. See how the tables have turned today. For Monday — we need to look out for bullish opportunities now.” 4mts chart Another gap-up of 131pts ~ 0.6% today! It was required to break the channel resistance line. There was...
Nifty Analysis Recap from yesterday: “I do not wish to change Nifty’s stance — I still prefer to look for long-only trades. However, 21341 would be the laxman rekha for me tomorrow also.” 4mts chart link - click here Nifty does another gap-up today which is sold into falls over 142pts ~ 0.66% to hit an intraday low of 21337 before reversing. Quite...
BankNifty Analysis If you read the postmortem report yesterday, you might have seen how the W pattern formed yesterday and BankNifty respecting the ascending trend line turned out. BankNifty had a different start today vs Nifty because we opened 0.95% gap-up and then rallied another 0.8% to hit the all time highs. 4mts chart - click here The 2nd rally was...
BTC bearish reasons : 1.btc have gap up 26300 2.btc forming bearish shark pattern 2. oversold RSI
Refex Industries opened up with a gap few sessions back. It has created a wedge then, a gap and then a wedge and now a breakout, Can't be strong technically anymore. The price has a potential to move to the upside of 25% straight. PS - I am founder of Tactic, we get you the Trade Ideas of top SEBI registered users across Intraday, BTST & Positional. We are...
#bajaj finserv chart explained 1) The counter was trading in an uptrend 2)It witnessed a strong gap up opening on 4 july 2023 3) The Gap up was above the previous strong resistance zone as indicated by arrows 4)The retracement after strong move already done 5)5_ today it witnessed a strong upmove along with long build up with 3% rise in OI 6) current month...
Monthly Analysis In this monthly series NSE:BANKNIFTY has moved up 2958pts ~ 7.40%. By any standards that is really superb. It has taken out 7 crucial resistances in the process and is now exactly at the 8th resistance point. This outperformance is cementing India's growth story to the global financial markets. Everywhere else the news of bank collapse, credit...
Biocon at suppply demand conversion zone (215-225) On 4 dec 2017 , there is huge gap up, sustain and moved up. After a period of 19 months price again came near gap up spot and acted as demand zone. Again Feb 2023, price came back at spot {gap up} , again acted as demand zone. So, the question is , should go long or not ? decide it on own Dont...
Banknifty - Today is complete downtrend. 5 red candle formed continuously. Tomorrow is expiry it can cont. down initially, profit brooking can come anytime. Flat opening — It may cont. it's fall till 39600-700. so will sell it at open if 1 min-ve candle. But if not wait for some price action. Gap up - wait for price action, profit booking may come. but it is...
#BANKNIFTY analysis for tomorrow. In my opinion the market will be bullish tomorrow. if the market cross 42150 zone then we can go for CE(CALL) first target= 42252.42379,42460,42514. if the market cross 41998 zone then we can go for PE(PUT) first target 41912,41866,41712,41661....
#NIFTY analysis for tomorrow.. In my opinion the market will GAP UP tomorrow... if the the market cross 18259 then we can go for buying (CALL) First target 18315 and second target 18379.. If the market open below 18193 then we wait for 18165 if the market sustain there we can go for sell (PUT) First target 18129, second target 18097 and third target 18001...
one year accumlation clear in form 3 cup and now HL and gap up sign strong demand seems markup about start
Accumlattion sign visisble last 14 month range .. volume signature too shows accumlation sign. ease of movement last 4/5 days sign of supply geeting weak and gap up and holding it good sign ..
near strong rejection zone ,3 days ago high vol gap up and holding in top ragne for2 days sign of possiblity of crossing rejection zone
High vol Eiposid pivot (earning GUP) the consolidating in Box.redy to blast
As per my strategy, we have 2 scenarios for bank Nifty for the 4th of august 22. 1st: The market will open with a gap-up of 100 to 180 points with price range of 38137 to 38196. If this happens, we can wait and watch for the 1st 5 mins candles, if we get the bearish candle. It means the profit booking of the market is being initiated so it will be a clear sign...
1.global sentiment Slightly negative 2. war was not end month end expiry (Chart shows a lower lows) 1.IF Tomorrow gap up 5 min or 15 min candle if break the resistance 33426.. if we can see the price action for buying side and exit at the target price 34339 2.If Open in flat wait for the trend up side or downside Or it may have side ways then take the...
global sentiment Are Negative 2. war was not end Expiry day possible for side ways up side break 15862 , downside 15616.50 Observe the trend lines (16000)Fib 50 % reversal level for down side (Chart shows halt and flag pattern ) 1.IF Tomorrow gap up 15 min candle if break the resistance 15856.45 .. if we can see the price action for buying side and exit at...