Gmma
TATASTEEL, Technical OutlookThe price is in a strong down trend. Today's candle has changed the character of price.
The next important level to consider is 162.30 and if broken then the price could test the levels of 158. Also the degree and nature of separation in both bands indicates the price is entering in the compression zone.
Disclaimer : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
SBI Card, Technical Outlook 21MayThe degree and nature of separation in both bands indicates the start of a downtrend.
But the price has been trapped in the Darvas Box. So the breakdown of the box confirms the downtrend. And a short trade with a R/R - 1/3 can be planned with a stop loss of 724 if breakdown happens with momentum.
Disclaimer: This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
IOC, Technical OutlookThe price is following a negative trajectory and the structure looks weak.
The breakdown of 164.25 could open the levels of 154.75 which is about 6% from the breakdown level. Wait for the trend to begin.
Disclaimer :This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
Nifty on Radar - 29 MayToday the price has opened with a gap down.
Most importantly the degree and nature of separation in both bands indicates the price is entering in the compression zone.
The price could experience high volatility.
The tentative range for tomorrow is 22577 to 23000.
Disclaimer : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
PNB, Intraday View for 30-MayToday we have an inverted Hammer candle.
The price is trading in the compression zone.
The probability on the down side is more than 50%.
CMP-128.05
The price could test the levels of 123.50
And if reversed then the level of 131.55 is important.
Disclaimer: This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
NOCIL, Technical OutlookCMP : 263.35
Today we have a bullish piercing candle, which has given the breakout of both bands.
It indicates the start of an uptrend.
Probability on the up side is more than 50%
Resistance : 268
Support-1 : 254
Support-2 : 249
Disclaimer : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
PNB, Intraday View for 29-MayTrend - Positive
Strength - Medium
Probability > 50%
Today we have a red candle with High High and High Low.
The price could test the level of 137.
CMP : 128.20
Resistance : 137
Support-1 : 123.50
Support-2 : 119
Disclaimer: This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
PNB, Intraday View for 28-MayTrend - Positive
Today's bullish candle has broken the structure which indicates the start of an uptrend.
The price could test the level of 137.
Probability of the next green candle is more than 50%
CMP : 129.55
Resistance : 137
Support-1 : 123.50
Support-2 : 119
Disclaimer: This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
DLF, Technical Outlook 22-MayTrend Negative, Strength Medium
The degree and nature of separation in both bands indicates a negative trend.
The price is trading on the lower side of STMA Band.
The probability of a next negative candle is more than 70%.
Important levels are marked on the chart.
Disclaimer: This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
Granules Technical Outlook - 23 MayToday we have a indecisive candle (doji). A Doji above the upper edge of a triangular pattern indicates the weakness in the uptrend. The price could test the support level of 415. If tomorrow we get a red candle then a shooting star pattern will be formed. So, I am waiting for a trend to start.
Disclaimer: This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
SHREECEM, Weekly Chart Technical OutlookA strong bearish piercing candle formed in the compression zone.
The candle gives a strong breakdown of the bands.
Trend is negative with medium strength.
The probability of down move of 7% is more than 60%
Disclaimer: This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
Vedanta Levels, Inverted Hammer formed on Weekly ChartAn Inverted Hammer candle formed on the top of the trend. I use the Fibonacci tool for levels.
Zone : Expansion
Trend : Negative
Probability > 65% (On Scale)
CMP : 460.80
R1 : 507.10
S1 : 436.60
S3 : 393.00
Disclaimer: This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
PNB, Intraday View for 24-MayIt's the 4th time in 2 weeks the price is rejected by the level 128. Now the 128 level will act as a strong resistance. Currently the price is in a negative trajectory. For Intraday I go for a short trade if the price opened below the level of 128 and the trade range is 128 - 125 - 123.50
Disclaimer: This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.