1) short term trend line breakdown 2) it is sideways in medium term 3) short term trend is negative Respected the trend line we ploted even when the nifty is making all time high shows that it is not participating in the overall market rally
understanding trades through support and resistance,
Looks good for a quick option. Take trade as per the values given in Fibonacci. always trail the stop loss. do your own analysis before taking trade Check these Upcoming ideas - STILL ACTIVE Check these successful trades & approach on Britannia , Mothersonsumi , DLF , Biocon , Daawat , Infosys , HBL power , HDFC life , Hind ZINC given below If you like my...
Both, nifty50 and banknifty saw a bearish Thursday expiry. After the gap down open, there was a brief attempt to reclaim highs, but selling pressure came in around 50MA on the Hourly chart for Nifty and around 34,870-34,700 for Banknifty. There was a minor relief rally towards the end preceded by a shakeout, this time at 1415h instead of after 1430h....
BUY HDFC BANK 1480-1483 TARGET 1500 STOPLOSS 1470 EDUCATIONAL PURPOSE
understanding trades through support and resistance. trade will remain void if opens big gap up or gap down.
#66(GENIE IDEAS): I will daily post intraday/swing/positional trading opportunities so u can analyse and get the most from it. if you like my analysis do like and follow me as a token of appreciation.and if you have any queries let me know. Leave a comment that is helpful or encouraging. Let's master the markets together .
Nifty and Banknifty both saw a weak day today, with higher levels being rejected after a weak intraday momentum. While option decay was present, trying to go contra might have yielded a better RR as even though the broader bias appeared to be on the downside, we did see a few very strong spurts, especially the first candle in Banknifty. So let's analyse #nifty...
Looks good for a quick option. Take trade as per the values given in Fibonacci. always trail the stop loss. do your own analysis before taking trade Check these Upcoming ideas - STILL ACTIVE Check these successful trades & approach on Britannia , Mothersonsumi , DLF , Biocon , Daawat , Infosys , HBL power , HDFC life , Hind ZINC given below If you like my...
The levels are on the chart. Be sure to use strong indicators to enter the trade. Don't wait to cut losses and be patient with the profits. Trade Wisely and Smartly.
#HMVL NSE: HMVL Short Term Quick Profit CMP 103.90 Target 157.90 SL : 78.05 Timeframe < 60 Days Can hold for longer time Factors: BULLISH WEDGE BREAKOUT Trend Following Rising Volume with rising Prices. Flag pattern breakout. Pennant Pattern Breakout with Bullish Candle. Retest Successful. Higher Highs & Higher Lows. Broken above RESISTANCE levels Trading at...
RSI levels in 4 hour chart of HDFC have made lower highs continuously while the share has rallied impending a healthy correction. However the share is at the trend low now and can show some upside. Lemme know what you think in the comments.
Nifty is just a smudge away from 16k! Private banks, Media and Realty stocks did quite well today, with PSU banks and many other sectors retracing. Interestingly, Banknifty saw some strength in the second half, but Nifty saw some selling. Let me break it down for you, candle by candle. Along with the top stocks, Reliance, HDFC Bank, Infosys, HDFC, ICICI Bank,...