🛑 Bank nifty trading above all the moving averages ie . 21 day, 50 day , and 100 day - Bank Nifty weekly 37750 🛑 keys Levels to watch out for day traders - resistance is at 3 8450- 38500 -with the stop loss of 38300 - we can see target of 38700 - Support Levels is at 38000 - 37950 - with SL of 38200 - we can see Target of 37700 🛑 Bank Nifty futures will be...
TECHNICAL ANALYSIS In October 2018, Crude Oil prices touched the level of ₹ 5600 on MCX but after that they sharply fall to ₹ 3000 same year in December. Further last year during the lockdown crude oil fell to ₹ 1100 on MCX in April 2020 and rose to ₹ 5600 this year in July 2021. Journey from ₹ 5600 in Oct 2018 to ₹ 3000 in April 2020 and again to ₹ 5600 in...
- . as we know NIFTY breakout 18000 level and get short from the 18050 level , and there is an long wick rejection in Nifty we can see this on Day frame chart - Nifty as to sustain above / close above 18000 level for further move -Currently it is trading above 21Day ,50 Day, 100 Day moving averages - - WEEKLY pivot point is at 17800 🛑 Key levels...
we can see the chart off TATA POWER currently obeying three Wave of Elliott Theory - Wave (2) retraces Wave (1) about 21% (we can call it as flat correction) - Whereas Wave (3) retraces Wave (1) about 163% (which is exact % of Elliott Wave Theory) - by the way we can expect Wave will retraces about 100% Wave (1) n , that will be short term Target of 210 -...
🛑 Bank nifty trading above all the moving averages ie. 21 day, 50 day , and 100 day - Bank Nifty weekly 37500 🛑 keys Levels to watch out for day traders - resistance is at 38000 - 38100 -with the stop loss of 37900 - we can see target of 38300 - Support Levels is at 37700 - 37630 - with SL of 37800 - we can see Target of...
Nifty will be stronger above 18000 zone which crucial resistance zone if failed to close above that zone then we can see some correction in market it may can test the 17000 levels This will be crucial for nifty to sustain above the level until then market will be weaker , and fresh position buy only above 18000 until then stay light with quantity 🛑 NIFTY forming ...
I trade in Indian Commodity Market and provide regulare trading tips. SELL COPPER on MCX with a STOP LOSS of ₹ 725 for a TARGET of ₹ 700. Curently copper is trading around 719. MCX:COPPER1!
Avoid trading tomorrow between this range. Trade after the breakout. My view is bullish Since we saw last hour short-covering and heavy buying happened. The market will be very volatile tomorrow. VIX is around 18.5 Up 2.67%.
Not to Predict future here, but it seems like a good setup for H&S, Retest and Fall. Technically Graph Seems performing well. and it respects Fibo levels to the appx. Entering a short around 1380 with timeline for next month expiry seems an Opportunity! Always Risk within your appetite only!
Swing Trade setup for small term, probably outlook for a week or two. Risk always within your apetite only!
Zee entertainment has made a CUP n Handle (Yet to breakout). Also at bottom of Major Up-trending Channel. Technical Breakout is nearby. Possibly Upwards let it retest and BUY. Short Interval target would be 290. or upto 320. Fundamentally the company has reduced Debt. and is still held by a lot of Major Portfolios. For e.g. We did watch in past months , due to...
Buy above 17380 breakouts and retest. Sell below 17280 breakouts and retest. I mentioned no trading zone because there we have immediate support. I'm Bullish on Nifty Since it's in a range and gave close near upside of range.
coal forming pattern also run inside channel from long time. on up side their is small resistance. after breakout of resistance expecting a pullback on that area or it can also gone more down for take support from green line so keep in watch
Sell copper near ₹ 727 with a Stop Loss of ₹ 731. I analys Indian commodity market on a regular basis. I just earned 4800 points in SilverM, 2400 Points in GoldM and 240 Points in Crude Oil, however i wrongly entered in short position in nifty that made me some losses. But i believe losses are part of good trades.
Technically Sound to go up at bottom of Uptrend channel. Oversold past few months. Buy only after huge Demand and Retest around 300. Fundamentally, Good outlook to produce profits as Crude oil shipping has seen increasing demand with backbone of Manufacturing requirement output higher than 2020. Risk Within your apetite only!
GAIL is an uptrend currently near bottom of Elliot wave. Technically looks strong for an upward move upto 175 Strong Support around 145 would also let some time to kool off RSI OverBought for Jump seen during Results. Fundamentally, GAIL has 85% of its revenue for Natural Gas Trading and Transmission/Distribution. With Natural Gas making higher highs of above...
Swing trade Setup in MCX! for mid term with 15% gains. Volumes picking up. Massive flag breakout on weekly time frame. Successfully Rested the breakout levels. Fundamentally strong. Buying level - 1575-1605 Target - 1575-1605 Stop Loss - 1574 Targets are based on charts. Disclaimer: Chart, data and levels for study purpose only. I am not a...
We can see a double bottom in 1 hour . we can expect the price to be moving above forming a ' W ' pattern . we can expect the price to be going above 665. But there is still a little chance of the price bouncing back at 643 resistance if it bounces then there is chances for the price to drop till 593