IDEA
Bank Nifty Futures 28th June 2023Observe where the day opens tomorrow. Price action should be watched, and a decision taken accordingly.
Will try and give some live market updates.
Keep following to understand the significance of these lines drawn and how and why these lines are very important.
Please go through the previous charts and check the price action and how these lines responded vis a vis the days open
Bank Nifty Futures 6th June 2023 LevelsSpecial markings in Red, blue and Green solid lines are very important areas and opening of the trade in the morning gives us a reasonable idea along with other factors as to how the day should proceed.
If you have been following the levels from the previous charts by now you would have seen the importance of how correctly marked areas worked .
we can visualize from the chart where a trade with defined risk can be taken.
The dotted lines in red blue and green can be tagged incase of a break on either side. The dotted lines ate the untouched VAH, VAL or poc which can be tagged.
If you carefully watch the previous charts you will understand how the dotted lines get tagged during the course of the day
Keep following for live market updates.
Follow the chart in 5 min and 3 min time frame also
#TATA MOTORS #Tata motors (CMP-403)
SETUP:-
1 . Tata motor forming a descending triangle pattern
2 . There are multiple trendline resistance from upside
3 . In weekly TF crossover between 20 EMA and 50 EMA
4 . If it break 370 level then it may fall📉
5 . If stock possible to sustain above 445 level then it may go upside 📈
Gail: Triangle Breakout Gail India
Return potential - 8-10% / 15-16.5%
Risk: 3-6%
Risk::Reward ratio is 1::3 / 1::2.5
- Rest Every thing mentioned in the chart. Use it to plan your trade accordingly...!!!
Do let me know if you find the analysis and insights helpful.
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Take care & safe trading...!!!
Disclaimer
- The view expressed here is my personal view
- Past performance is not a guarantee for future predictions
- I have been wrong in the past and can be wrong again in future too
- Use this for educational purpose
- Any decision you take, you need to take responsibility for the same
- It's your hard earned money. Treat it wisely
- Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance
- if trading in F&O, understand that F&O trading involves risk
- Do take proper risk management measures
- Do your own analysis and consult your financial adviser if need be
Long setup in subexhello guys!
subex has started a fresh move after a consolidation. so, my strategy is to enter here for first target of 42 then 48 rs which is a recent high.
sl will be 32 rs
my qty will be 1250 or 40k investment.
hope you enjoy my analysis.
i will post video also in short while.
NSE:SUBEXLTD






















