RSI = 50, Darvas Box formed at 23.60% retracement level of Fibonacci. The index could be volatile in the range of 6840 to 7300. The constituents could experience high volatility in the coming week. A fresh trend is formed above the level of 7300. Disclaimer: This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
#CNXMETAL trading above Resistance of 8747 Next Resistance is at 11523 Support is at 6740 Here is previous chart: Chart is self explanatory. Levels of breakout, possible up-moves (where index may find resistances) and support (close below which, setup will be invalidated) are clearly defined. Disclaimer: This is for demonstration and educational purpose...
A trend line support broken yesterday most probably price will retest, act as resistance and go down. 50 EMA is also on this level make it as strong resistance. if broken market will go till 22300. be careful, be watchful and enjoy the trading. I am not SEBI Registered Advisors. This Idea is purely for training and educational purposes. I shall not be...
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined. Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before...
BANKNIFTY is trading near its crucial support zone of 45275-45280. It made low(45324) near support & bounced back. As long as banknifty trades above theses level its strong. Could be bought here with CBSL 45275. Update target later.
Hello Viewer or Traders, #NiftyAuto trading inside a parallel channel . Sellers are trying but buers still not giving up. We are standing at a decision making area. A weekly closing below the parallel channel will give eraly indication of a possible downtrend. Keep checking your stocks and book profits as required. #NiftyTrading #IndianStockMarket
Chart is self explanatory. Levels of breakout, possible up-moves (where index may find resistances) and support (close below which, setup will be invalidated) are clearly defined. Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before...
Channel bottom and fib support. Next level 40000. #niftybank
Weekly Analysis 23rd Dec, 2022 S.no Sector Remarks 1 Nifty Closed at 17806, another 463 point downmove in a week. Inverted hammer candle of last week worked perfectly, Concerns due to COVID inititated this downward move. Now if this week's low of 17780 is broken then more selling in on the cards , support levels are at 17642, 17435, 17300, 17171. As i said...
Chart is self explanatory. Levels of breakdown, possible down-moves (where index may find support) and resistances (close above which, setup will be invalidated) are clearly defined. Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor...
it's the make or brack level for nifty as seen on chart.we can short the market after brack of 41200 and will go long after it brakes 42000. i am not sebi registered broker. take this idea only for educati0nal purpose.
The U.S. dollar index (USDX) is a measure of the value of the U.S. dollar relative to a basket of foreign currencies. The USDX was established by the U.S. Federal Reserve in 1973 after the dissolution of the Bretton Woods Agreement. It is now maintained by ICE Data Indices, a subsidiary of the Intercontinental Exchange (ICE). The index is currently calculated by...
This is follow-up on Nifty Infra. Can check link to related ideas. Target 1 achieved. Gain of more than 40%. Target 2 is ON. Chart is self explanatory. Entry, Targets and Trailing Stop Loss are mentioned on the chart. Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered....
Chart is self explanatory. Entry, Targets and Stop Loss are mentioned on the chart. Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Good Morning! Finally, just as we had predicted, Nifty did take a beautiful bounce back from its predicted support level of 15850, and thereafter has successfully given us a closing of above 16200, which is definitely a good sign. However, Today will be a crucial day, as we would require a consistent and a stable closing of above 16200 from Nifty for 2 more...
Good Morning! Finally, yesterday we were able to witness a wonderful closing of above 17360 in Nifty. However, the danger hasn’t subsided till yet, since just like 2nd December 2021, Nifty has once again made a high of around 17480 approx. Which in turn is still a matter of concern. Moreover, we can state that if Today Nifty manages to sustain above the level...
the index points banknifty provide next day level analysis
Nifty forming rounding bottom near the major support level, if the price action completes the pattern then we can see nifty to continue its uptrend. However there's a descending trendline which is working as a resistance therefore this trendline has to be cleared to complete the rounding bottom. Support for nifty is 18050 - 18000 & nearest resistance is the...