If bank nifty break major support area then next support will be 400 to 500 point below This analysis is for educational purpose only. before taking any trade consult your financial advisor
NSE:JINDALSAW gives a high volume parallel channel brekeout. Trade: BUY above 105, SL: 103 T: 108/110 SELL below 100, SL: 103, T: 97/95
Finally, the Nifty is trading above 18000 but Buyer domination is necessary for the bull run to break the resistance and downtrend line. Following a good breakout, we may see a bullish surge; but, if the breakout fails, we may see a price reversal and the price may fall.
NSE:RBLBANK is about to show excellent breakout. Price is crossing the 200 DMA. It is basically a trend reversal as the order will be: Price cut the 200 DMA, then 21 DMA will cut the 200 DMA and then 50 DMA will cut the 200 DMA, uptrend starts. Volume is high. A Bullish Engulfing candle is formed in daily chart engulfing whole 1 week price action. Long...
Logic : It's in the support line of H&S neck, a long term demand zone. Trade : This is not for intraday. Keep it in watchlist please. If price breaks below the 1440 level, sell with SL: 1490. If prices breaks above 1530, buy with SL: 1490.
A nice descending triangle formation is created in NSE:GRANULES . Potentially price can break out or break down in any direction. Trade: Buy above 365, SL: 355, T: 372/381 Sell below 355, SL: 360, T: 348/340
A steep uptrend is seen. After that a nice consolidation with a rounding bottom (saucer pattern) This indicates bullishness. Trade: Buy above 317, SL: 303, T: 330 Sell below 300, SL: 305, T: 288
Levels: Support: 18150, 18080, 18000 Resistance: 18220, 18275, 18320, 18370 OI Data: ---------------------------------------------------------------------| Nifty => Price: 18159.95 ATM: 18150 , ITM: 18100, 18050, 18000 , OTM: 18200, 18250, 18300 ---------------------------------------------------------------------| Highest OI Call in Nifty per...
NSE:KPITTECH is almost completed the pennant pattern (symmetrical triangle) creation. Ready to go up or down based on which direction is breaks. Most likely up. Trade: Buy above 695, SL: 661, 800 (Positional)
There is a pennant (symmetrical triangle) pattern formation (blue triangle). By choosing baseline charting (instead of candlestick or range), you can visualize the swings. As of now it's hitting the resistance of 403. If it able to break the previous swing high (409 on 04/10) with volume, it can go high (~425). But see the black dotted line. That's a...
Multiple factors playing in HDFC Bank counter: A rectangular consolidation is ready to be breached by the very strong Bullish Engulfing candle formation. The MAs are showing bullish trend with the distance among the MAs are expanding. Good momentum indication. High positive volume, above volume average .. breaking past the last 3 negative volume bars. ...
#Nifty #Nifty50 #VIX #INDIAVIX 16 is a key level on VIX. If VIX sustains below 16 then market will be #bullish for sure. Note : I'm not a SEBI registered analyst. Above analysis is only for educational purposes. Do your due diligence before taking any trade.
NSE:FINCABLES is showing pretty bullish momentum. Multiple breakout ready signals Head and Shoulder pattern breakout Rounding Bottom Breakout Long term down trendline breakout Very High volume 10th Nov is result date Buy above 530, SL: 515, Target: 550/575
NSE:ASTERDM chart is showing a bullish breakout pattern consistently. Starting around 243 level, it's actually an Elliot Wave 1-2-3-5-6, every time nice flag and pool pattern is creating. The EW motive pulse is the pool and the EW corrective pulse is the flag consolidation. And it's now in Wave-5, the most prosperous wave of EW. Go LONG with a SL of 243.
A Very nice Cup&Handle breakout patten is observed. Trade: Buy above 970, SL: 950, T: 994
Bullish on NSE:SUPREMEIND Cup&Handle formation The long term resistance line is broken with good volume build up. Long with a SL of 2140, T1: 2350/2460. Wait for the price to retest the 2170 level. If it stays above, go for it.
Levels: Support: 18120, 18100, 18060, 18000 Resistance: 18175 OI Data: ---------------------------------------------------------------------| Nifty => Price: 18145.4 ATM: 18150 , ITM: 18100, 18050, 18000 , OTM: 18200, 18250, 18300 ---------------------------------------------------------------------| Highest OI Call in Nifty per OI data: 18400 ...
NSE:DRREDDY seems could not be able to pierce through the major resistance line around 4625 (the recent swing high). Note the volume. It's pretty significant and coincides with the Q2 result. So, things are interesting here. Chartically, the following traits are seen: A Head & Shoulder formation is seen with the neckline around 4200. There is a downtrend...