The price formed a raising veg pattern and gave a fake breakout. Here are some important levels. I am Bearish in Nifty 50, but nowadays the market does not behave as usual, so we cannot say anything in the closed market.
Bandhan Bank Trading At very Important Level. As you can See Feb to march Bandhan Bank traded at same level but at that time look at the context . At that time price consolidated at that Level and goes completely Sideways but now the scenario is very different , look at the context now it making Higher high at the Breakout Level with more Volume than...
I've been observing Nifty Futures Since 06/January/2022 and came out with this study. Importand Levels are marked in dark black.
This Levels Are Execute When The Markets Open In Range Upside IMPORTANT LEVEL= 39400 Execute Your TRADE when Breaks The Level And Sustain Above This Level With 50-60 ₹ STOPLOSS Support Level = 39000-39200 Note - EDUCATION PURPOSE ONLY
I have marked some important trend lines in the DAILY chart of Happiest Minds Technologies (HAPPSTMNDS). let me know what you think in the comments. CHEERS :)
Balkrishna Industries have tested 4 times resistance level in 15 min timeframe we can go long once this resistance break or else short once get confirmation bt candle
As discussed in the above analysis nifty fell to reach the channel support and formed a falling wedge pattern to break up and move towards the resistance zone as expected. One can expect the price to climb further up breaking the channel top in the coming sessions.
NSE:NIFTY Some important support and resistance levels. ONLY FOR EDUCATIONAL PURPOSE, KINDLY DO YOUR OWN RESEARCH OR CONSULT YOUR FINANCIAL ADVISOR BEFORE TAKING ANY DECISIONS REGARDING TRADING OR INVESTING IN SECURITIES.
As we can see in the charts, Dabur is trying to break the important levels but it has failed today. Should be an interesting trade for next few days.