NSE:NMDC
1. Wait for a breakout from the descending channel.
2. Alternatively, wait for the stock to take support in the marked green zone and watch for a reversal.
3. If the support level is broken, a further downtrend is likely (the stock is already in a downtrend).
Banknifty Index Long Levels
Certainly! The Bank Nifty (BANKNIFTY) is an index that tracks the performance of the banking sector in the Indian stock market. Here are some key points to consider for long-term investment:
Bank Nifty ETFs: These exchange-traded funds offer easy diversification, flexibility, and low expense ratios. They can be suitable for long-term...
Super Weak Performance among leading banks in recent week...
Results out after friday trading sessions..
Strategy sell on rise...
Important reversals marked...
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Hi everyone...
Right now market touches our 1st Weekly PULL BACK zone which is 2357-2477 zone
We got Day High(using MY HIGH find method)-correction sell 80% confirms
In 4hrs the market got bounce on small buy zone which is 2335-2320
Also we got 15min low(using MY LOW find method)-trend continues
but doesn't get CHOCH(doesn't cross 2319) confirmation in 15Mins...
If it sustains on 55.39 marked in the chart on 13th Dec, then it could pump to ( 60 --- 61 ) level with in (8th Jan to 9th Feb 2024)
Disclaimer:
It's a personal view not a financial advise and I assume no responsibility and liability whatever outcome arises.
sorry due to system problem cant update yesterday
GOLDUSD BUY correction done @ mar26 2.30pm...now we got low @ 2157.140
also 4h confirms the high @ 2200.487
using fibo we got 2 buy entry.... 1st zone@ 2174-2169...2nd zone @2160-2156
before that in 50% we got hidden ob@2178 it confirms 15m but only scalp entry we got...
yesterday night market hit 1st buy zone...
market unable to close above 4h high...
and 15mins correction sell high has been confrms...so market may go extreme buy zone use buy limit
which is in link...
Dear All,
HDFC BANK is At Sideways Zone and Ready for Breakout Soon.. Keep Watching and Eye on it.
S1-1440
S2-1435
S3-1424
TG1-1470
TG2- 1480
I am not SEBI Registered . Please Accord your Capital And Your Risk Apetite.
The chart indicates a buy signal for the near term.
given that the market saw a significant consolidation rejection at the lower end
support ! @ 45600-45800
next zone: 47350–47600 aREA
Banks that may support = hdfc bank, icici bank ,
neutral: axis bank
weak: kotak bank
NSE:HDFCBANK has been hammered by the markets and is currently taking support at 200 Weekly EMA. This level has been touched or breached by the bank only thrice before today in more than 2 decades. This is certainly challenging for the bank and while it looks oversold, I would only buy above the current resistance of ~1700+ as this level has been a very strong...
One side fall in the stock has impacted the indices too.
HDFC bank, is heavy weight in index, fell 140 point or 8.5% created a sell off.
It took a retest of 200 ema and has closed below both the averages. It may give another red candle tomorrow.
There stock has closed around a support zone and chance of testing 1500 levels are high.
Short position can be...
