The degree and nature of separation in both bands indicates a strong uptrend. Also the price is trading in the positive zone with a RSI of above 50. The price tends to move higher and could test the level of R1-94,489 with a stop out level of S1-89,800. Disclaimer: This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
Continuously the price is facing resistance from the level of 122 and the price has failed to close above the level of 122. But today we have a very weak negative candle. So, the trend is negative with weak strength. Disclaimer: This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
Today the price has closed on the resistance level with a RSI of above 60. All this indicates the price is in good momentum. The breakout of 492 could open the higher levels of 545. Disclaimer: This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
According to the degree and nature of separation in bands the price is in the compression zone. Also a Darvas Box is formed in this zone. Wait for the breakout or breakdown of the box. Currently there is no trend in the price. Disclaimer: This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
Today with a gap down opening the price has taken the support from the important level of 23,334. But as we see the price is following a divergence pattern with RSI. So, the probability of a negative move is high. Disclaimer: This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
Today we got the same move as we discussed on yesterday. Now the price has broken the support of 126 but we have a hammer candle. For tomorrow the volatility could be high. Disclaimer: This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
Today we got the same move as we discussed on yesterday. Now the price has broken the support of 126 but we have a hammer candle. For tomorrow the volatility could be high. Disclaimer: This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
With a bearish cross of bands the price has been trading in the negative zone. From these levels the price could give a short trade of 9% to 10%. The level of R1-1,870 can be used as a maximum stroploss level. Disclaimer: This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
The price has given a strong breakdown of Descending Triangle pattern. Also the degree and nature of separation in bands also indicates a downtrend. Hence we are in a downtrend and the price could test the lower levels of 1,048 and if broken then 1,028. Disclaimer: This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
Today an important support of 423 has been broken with a strong momentum having RSI below 40. The price could test the next support level of 414 and if broken then we go for 400. Disclaimer: This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
For 3 consecutive trading sessions the price is strongly rejected by the level of R1-130. Still the price is trading in the positive zone. There is no change in the structure and in levels. For tomorrow the intraday range is 130 to 136 and 126 to 122. Disclaimer: This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
After making a new high the price has closed below the trend line. Also the formation of divergence between the price and rsi has formed. The probability of a retest is very high. Disclaimer: This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
Today we have an indecisive candle in the positive zone. The probability of gap up or gap down is very high. But there is no change in the structure. For tomorrow the intraday range is 130 to 136 and 126 to 122. Disclaimer: This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
The degree and nature of separation in bands are indicating the weakness in price. Also the rsi is declined below 60. For me the price is in the no trade zone. Disclaimer: This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
The price has given the breakout of the structure. Also RSI is above 60, so the probability of an uptrend is very high. The next Important Level is 3,838 Disclaimer: This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
CMP - 186.65 Today the price has managed to close above an important level of 185.20. The price could test the resistance level of 200.65 and if broken then we would see the level of 215.70 Disclaimer : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
The price has given the breakout of the resistance R1-5,313 and of the LTMA band. The price could test the higher level of 6378.45. Also RSI is above 60. Disclaimer : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
Currently we are in the downtrend. The price has given the breakdown of the bands. The price could test the lower level of 2,056 CMP:2,127.50 R1:2,200 | R2:2,299 S1:2,056 | S2:1,931.35 Disclaimer : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.