NSE:NIFTY Nifty analysis important levels are marked on the chart. please always trade with stop loss to avoid big drawdown. Happy trading & keep learning
I have entered in short position with some small portion size.
The current fall in NIFTY-IT index is leading to fall of a lot of quality shares in Indian stock market. Wipro currently is coming down to an attractive levels of 500!!. The current fall in share prices is expected to make it go at 480-500. Anyone who has taken Wipro should hold untill 480. Also for those who want to add should wait for reversal from 480-490...
NIFTY 50 on Monday and Tuesday gave a little pullback from the 38.2% fib level indicating that the underlying of Indian Stock market is still bullish. 16900 is immediate support for Nifty 50 and if slipped below, 16400 will act as strong support area. Buy on dips seems like the best strategy for now, breakout will occur if 17600 is sustained on closing basis.
Welcome to the update for BHEL for long-term holding. It was in a downtrend for a long time. It finally broke the trend and is ready for another leg up. It retested successfully and is currently trading around Rs 54.90. It can show a potential rally of around 42% from here as it looks good both technically and fundamentally. The expected entry range should be...
Hello !! Welcome to the update for TATA POWER for long-term holding. After consolidating for around 5 months, TATA Power broke out of the channel and is currently retesting the resistance turned support. It can show a potential rally of around 40% from here. The expected entry range should be between Rs 248 to Rs 259. The target is expected to reach around Rs...
Nifty is approaching good demand levels. Below 17000 can grab liquidity and create good short term upward momentum to specified levels. The demand zone also coincides with Fibonacci Levels.
I am looking BN downside for few sessions, If price sustains below 200 EMA on daily basis. Views are personal and solely for Educational purposes. Don't take any trading decision on this basis.
**Buy Rupa & Co CMP 510, Add till 470** **Sl 385 CLOSING BASIS, 25% from CMP** ****FOR EDUCATION PURPOSES ONLY***
Bank Nifty at a critical area with it forming triangle pattern with both support and resistance nearby.
16 YEARS OF BREAKOUT Buy Genus Power if sustain above 97-98... BIG MOVE EXPECTED... CAN EASILY GIVE 30-40-50% RETURNS IN MEDIUM TO LONG TERM..
Cup & Handle breakout ** Educational purpose only**
NAM India forming Lower Highs and Lower Lows ( Downtrend in weely TF). The upcoming lower lows coincide with weekly demand zone which gives a good opportunity for institutions to use sell order to open long position ( use the liquidity). The levels are posted on chart, use volume and day end candle for further conviction as price reaches the demand area.
The analysis is based on simple institution manipulation. After the merger of HDFC and HDFC Bank, retailer participation increased two folds which acts as an opportunity for institution to fill their orders.
If we go by the textbook definition of a falling wedge pattern, the price consolidates between two downward sloping & converging lines forming a wedge shape. (Not as difficult as it sounds, just looks at the chart). As per a common understanding of this pattern, the price continues higher after a breakout to the upside. Price action in LIC Housing finance shows a...
After the news of HDFC’s duo merger, the Market cheered and the price shot up. Now it’s back to the breakout point after the huge rise. Is it a good level to buy? Let's get into the Technical outlook first, then, we will explore the fundamental view of the merged entity. Technical Outlook: Bullish signals • Inverse Head & Shoulder pattern formation •...
NSE:GRASIM at 38% fibonacci support + inverted head and shoulder + RSI ABOVE 50. All tgts, SL buying zone given in chart.
At 525 paytm getting volume and the selling pressure got slow down, it could form low volume sphere..If that happens with increasing volume so Paytm is likely to Change its trend