Bank nifty Reversal is strong with volume. last trading session it move with breakaway gap which is sign of good up move. It may test potential resistance level 40041-41241 soon.
Nifty trading in parallel channel. potential resistance zone is near around 17529-17707 it may test these level soon.
The scrip has formed aa CUP and as bank nifty is rear resistance so there is a high possibility that bank nifty may see some profit booking so expecting HDFCBANK to experience some down side move.
Hdfc Bank Making Cup And handle Pattern HDFC ready
INTRADAY CALLS 🔹🔹🔹🔹🔹🔹🔹 BUY EXIDEIND 177.5CE AT 3.40 SL 3.20 TRG TRAIL 👍 it looks good for multi support technique
#hdfc... ✅▶️ ⛳️⛳️⛳️⛳️⛳️⛳️⛳️⛳️⛳️ Intraday as well as swing trade 🔷All levels given in charts ... we provide stock as well as option level over their 🔷 IF good potential seen then we work in options also 🔷 if activate then possible a huge movement Keep eye on this ... 🔷We take trade only when it activates... 🔻🔻🔻🔻🔻🔻🔻🔻🔻🔻 Possible to give good target ...
hdfc form rising channel with HH&LH. may be stock reverse from here or give false breakdown then go up
Technical Analysis: Note on HDFC Bank chart: 1. Over the past 5 months, HDFC Bank's price has been moving within a certain range. 2. Currently, the price is hovering around its support level, but is trading below its 20-day moving average. While there are several support levels, all of them seem weak at the moment. 3. The 1500 level appears to be a strong...
Price has formed a double pattern on daily chart. while the RSI is making higher lows which is clear sign of RSI Bullish Divergence. We can take long trade. Entry We can go long on open of next candle. Target Target 1 will be the nearest resistance zone which will be also the neckline of W pattern as marked on chart. Target 2 will be next next resistance zone...
HDFC First High @1724.30 on 04APRIL22 HDFC Second High @1702.00 on 24JAN23 I can see three possibility. 1. Price will go up near @1702.00 and breakout! or a Rejection. 2. Market will mitigate the box and down that means SHORT. 3. MAYBE NEW HIGH BETWEEN @1724.30 & @1702.00 CORRECT ME IF I'M WRONG!!!
Infosys is near crucial support on daily chart. We can take a swing trade here. Entry We can go long after close of strong bullish candle near support zone. Target We can keep target as the next resistance zone as marked on chart. Stoploss We can keep stoploss below the support zone. Please Like & Follow me.
Reliance has formed double bottom pattern on daily chart. While the RSI is making higher low which is clear sign of RSI Bullish Divergence. Entry We can go long on open of next candle. Target Target 1: We can keep our 1st target at the nearest resistance which will also the neckline of the W pattern as marked on chart. Target 2: Once the 1st target is achieved...
Sun Pharma is near Support Zone on daily chart. It is Good Opportunity to take Swing Trade Entry We can go long on next candle open. Target We can keep target near the next resistance zone as marked on chart. Stoploss We can keep the stoploss below the support zone. Please like and follow me.
Nifty and Banknifty continued their fall after a brief pause. Why did this happen and what could be next? My views in this video...
L&T has formed Head and Shoulder Pattern on daily chart. Entry We can go short if price breakdowns below the neckline with strong bearish candle. Target We can keep target near the next support zone as marked on chart. Stoploss We can keep stoploss above the neckline. Please like and follow me.
The indices have sold off with Nifty approaching the 200 DMA level. What's next? Here are my views...
Double bottom pattern is formed on daily chart of KotakBank. RSI is making higher lows which is sign of RSI Bullish Divergence. Entry We can go long after close of strong bullish candle near 2nd bottom. Target Target 1 - will be the next resistance as marked on chart. Target 2 - After 1st target is achieved and price breaks above neckline of W pattern then 2nd...