SGX NIFTY INDIA LONG more fakeouts in a row and market making higher high formation so we can plane long from last high with lower low as SL
India
SYNGENE: TRIANGULAR WAVETRADING STRATEGY: BUY WITH SL OF 600 AND LOOK FOR THE TARGET OF 720/780/845 . Minimum 12% return from cmp in coming weeks.
THEORY:
Usually this wave structure forms in an impulsive sequence as wave 4 . It consists of 5 sub waves as wave-a , wave-b , wave-c, wave-d and a final setback wave-e . Each of these waves consists of three wave internal structure. Each of the waves should not break their extreme points. The final confirmation to enter the position comes when the price gets close above the level of wave-d. The minimum target of the pattern is just a poke above the level of wave-b and just above the level of wave-3 of the impulsive count. There is also a guideline to predict the target of this pattern which is known as triangular thrust. The triangular thrust is the measurement of the distance from the level of wave-a to the level of wave-b . This measured length should be kept to the breakout level of wave-e to get the target of this pattern. However, the measured length can be projected from the breakout level also to get the classical chart pattern (symmetrical triangle) measured target.
DR Reddy - Inverse Head and Shoulder NSE:DRREDDY
Watchout for breakout from inverse head and shoulder pattern. Upon breakout 5000 is achievable.
NOT A RECOMMENDATION. JUST FOR EDUCATION. Thanks.
TRADING PLAN FOR NIFTY AND BANK NIFTY FOR 11-04-2022LEVELS 29-11-2021 NIFTY
RES- 1. 37950
2.38160 17820
3.-------- 17900
SUP-1.37550 17700
2.37400 17600
This channel provides Nifty and Bank Nifty analysis and provides swing trades for equity.
The channel is also a provider of technical knowledge on technical analysis.
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Maverick Trader
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Dhruv Shah
TRADING PLAN FOR NIFTY AND BANK NIFTY FOR 11-04-2022LEVELS 29-11-2021 NIFTY
RES- 1. 37950
2.38160 17820
3.-------- 17900
SUP-1.37550 17700
2.37400 17600
This channel provides Nifty and Bank Nifty analysis and provides swing trades for equity.
The channel is also a provider of technical knowledge on technical analysis.
This is merely a recommendation channel, so please do your own analysis as I am not a SEBI registered analyst.
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Maverick Trader
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Channel run by
K.G. Varoon
Dhruv Shah
Nifty 50 fake out Intraday setupNifty making fakeouts in 1 hour time frame.
we can go for long with small sl.
If yesterday low is breakdown we can go for short.
Exit your short trade: wiproAs i discussed or as i provided level for short (down side) trade for 2time mentioned in yellow aarow.. letter on also posted exit point mentioned in red arrow...and I've explained by selling 3wipro..
Evrything happened exactly as i explained, now close the previous trade...soon I'll share what side of position we should take in Wipro... follow for more
TATAPOWER - Simple AnalysisNSE:TATAPOWER
Tata Power technical outlook: If it continues the momentum then 260 is possible in next 10 days. It is very bullish above 270.
Can Tata Power repeat what Adani Power has done? Probably Yes.
Should you invest aggressively at this point? No. Wait for the breakout.
Can it fall from these level? Yes, it can but that will only give buying opportunity and my opinion will be to buy near the support zone.
NOT A RECOMMENDATION. JUST FOR EDUCATION. Thanks.
SANGAM INDIA !!Sangam India ....I am seeing this kind of perfect cup after a long!! what a beautiful pattern of C&h.
Sangam India, a producer of polyester viscose (PV) dyed yarn and seamless apparel, has signed a Memorandum of Understanding (MoU) with Rajasthan government to invest ₹1,521 crore in its newly formed wholly-owned subsidiary Sangam Venture.
Nifty Bull Run[ nifty making move upwards with great volume but with divergence nifty can reverse from 18000 or previous months high i.e. 17800 and the previous week high was broken which also acted as a support making it a good indication for upward move! /i]
TRADING PLAN FOR NIFTY AND BANK NIFTY FOR 4-04-2022LEVELS 29-11-2021 NIFTY
RES- 1. 37215
2.37480 17690
3.-------- 17730
SUP-1.37000 17590
2.36800 17520
This channel provides Nifty and Bank Nifty analysis and provides swing trades for equity.
The channel is also a provider of technical knowledge on technical analysis.
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Maverick Trader
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Dhruv Shah
Nifty Continuous Futures Fib ChannelI've been observing Nifty Futures Since 06/January/2022 and came out with this study.
Importand Levels are marked in dark black.
Nifty Bank next moves on 25MAR2022Black trendline crossed As I mentioned earlier chart which is attached below and Redline is another major diagonal trendline.
I'm on the Bullish side at this level, But I still can't decide exactly what the market will do.
If the market starts with a green candle it may retest to 35375, wait to reject confirmation candle to go upside or
if it crosses down this red line then it may reach to 35067
The above analysis is my view only. The market can turn any side anytime, depending on several factors so protective play is always safe.
Anyway, stay alert to come out if you are going to lose.
Never take risk all your Capital, Try to stay in the game by protecting your capital. Hope never makes you win, only Technicals and your mindset makes you win.
Note: I'm not a financial advisor or registered analyst please follow the expert's ideas also before you trade.
If you like or win from my idea please like and comment to encourage. Ask me if you want any chart analysis.
Nifty50 Should Retest 16700 Level.NSE:NIFTY
According to graph. Nifty seems bit bearish and may come down to retest important level of 16700.
Levels as per trend.
Levels as per Fibonacci retracement.
Trade on your own analysis
TRADING PLAN FOR NIFTY AND BANK NIFTY FOR 28-03-2022LEVELS 29-11-2021 NIFTY
RES- 1. 35650
2.35770 17230
3.-------- 17300
SUP-1.35440 17100
2.35200 17010
This channel provides Nifty and Bank Nifty analysis and provides swing trades for equity.
The channel is also a provider of technical knowledge on technical analysis.
This is merely a recommendation channel, so please do your own analysis as I am not a SEBI registered analyst.
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Maverick Trader
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Dhruv Shah
OIL INDIA LTD -- INTRADAY SETUP -- 25/03/3022OIL INDIA LTD -- INTRADAY SETUP -- 25/03/2022
15 MIN CHART
1. Stock technically strong bullish indications RSI move above 60
2. MACD above Center on daily chart
3. BUY above falling channel breakout LEVEL above 237 For bullish trend confirmation
4. No trade if gapdown open more then 70-80 Points of nifty..reason RSI trend momentum .
BUY OIL INDIA LTD above 237 ( intraday )
TARGET 240-242-245
stop loss 232
** THIS IDEA IS FOR EDUCATIONAL PURPOSE ..trade at own risk !
HAPPY TRADING. !
TRENT: BULLISH BREAKOUTRange breakout with strong weekly closing. One should buy the sock with SL of 1140 and look for the target of 1360/1440 in coming weeks
TRADING PLAN FOR NIFTY AND BANK NIFTY FOR 21-03-2021LEVELS 29-11-2021 NIFTY
RES- 1. 36600
2.36830 17330
3.-------- 17450
SUP-1.35970 17250
2.35790 17080
This channel provides Nifty and Bank Nifty analysis and provides swing trades for equity.
The channel is also a provider of technical knowledge on technical analysis.
This is merely a recommendation channel, so please do your own analysis as I am not a SEBI registered analyst.
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Maverick Trader
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Channel run by
K.G. Varoon
Dhruv Shah
Gala Crypto coin Analysis 14/03/2022Gala is forming a double bottom pattrern and also symetry triangle if it breaks its upper resistance level a good momentum is expected upside.
Schneider Electric Long Term Consolidation And ChannelNSE:SCHNEIDER
Analysis
1. We observe a long term consolidation.
2. Weekly and Monthly chart depicts Bullish Trend in future.
3. Volume spike observed in previous week.
4. Comapany can give breakout. Level of Rs 100 has been an important Long Term Support
Rupee Should Get stronger and come back to 75.5 Rs per Dollar Interesting Price Action and charts pattern are being observed in USD/INR currency pairs.
1. The Cup and Handle Formation.
Cup formation can continue or Handle pattern can be formed and price can shoot up. As global situations are pacifying. We believe, rupee
should get bit stronger.
2. All time high Resistance
We have seen previously, sell of from these high levels in past.
3. ABCD harmonic
According to these Rupee can test Neck of Harmonic, that can be around Rs75.5
4. Fibonacci Retracement
If it tests 0.382 or 0.50 of Fibonacci levels, It should come back to Rs75.25 or Rs74.5 per dollar exchange rate in upcoming days.
Trade on your own risk and analysis.
TRADING PLAN FOR NIFTY AND BANK NIFTY FOR 13-03-2022LEVELS 29-11-2021 NIFTY
RES- 1. 34800
2.34970 16670
3.35150 16740
SUP-1.34225 16570
2.34000 16490
This channel provides Nifty and Bank Nifty analysis and provides swing trades for equity.
The channel is also a provider of technical knowledge on technical analysis.
This is merely a recommendation channel, so please do your own analysis as I am not a SEBI registered analyst.
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Regards
Maverick Trader
#maverick #trader #mavericktrader #india #nse #bse #stock #markets #stockmarkets #trading #investment #nifty #banknifty #bank
Channel run by
K.G. Varoon
Dhruv Shah
