nifty intraday/positional trade indicatorif lacking in taking trades confidently use indicators and chart setup. DM to get the link for the chart setup. i will share the link which can be copied and saved in your account for quick action.
Indicatorstrategy
Golden Indicator based Gold- Xauusd Levels Tp - 28 points1% gain23/08/24
current price 2492.80
Condition buy above 2492.50
Stop....................2485.......7.50 pts
Target -1..............2502........10 pts
Target -2..............2520.........28 pts
For this levels only for education purpose and learning only
Silver Micro Futures (MCX), View for 5-JulyThe degree and nature of separation in both bands indicates a strong uptrend. Also the price is trading in the positive zone with a RSI of above 50. The price tends to move higher and could test the level of R1-94,489 with a stop out level of S1-89,800.
Disclaimer: This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
PNB, Intraday View for 5-JulyContinuously the price is facing resistance from the level of 122 and the price has failed to close above the level of 122. But today we have a very weak negative candle. So, the trend is negative with weak strength.
Disclaimer: This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
IOC, Technical OutlookAfter the break of structure the price has been trading in the negative zone. The breakdown of 164 could open the levels of 161. But the range of 164 to 161.40 could also act as a strong support zone. But the probability of a negative move is high.
Disclaimer: This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
WIPRO, Technical Outlook (Keep this stock in the watch list)Today the price has closed on the resistance level with a RSI of above 60. All this indicates the price is in good momentum.
The breakout of 492 could open the higher levels of 545.
Disclaimer: This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
IRCTC, Formation of Darvas Box in the Compression Zone.According to the degree and nature of separation in bands the price is in the compression zone. Also a Darvas Box is formed in this zone. Wait for the breakout or breakdown of the box. Currently there is no trend in the price.
Disclaimer: This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
PNB, Intraday View for 24-JuneWith a closing price of 125.80 the price has given the breakdown of S1-126.
The price could test the lower levels of S2-122.
For tomorrow keep an on the opening price.
Disclaimer: This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
Nifty on Radar, View for 21-JuneThe price has been following a divergence pattern between rsi and price.
Today the price is rejected by the previous candle high. The breakdown of the level 23,334 could start a downtrend.
Disclaimer: This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
Nifty on Radar, View for 20-JuneAfter making a new high the price has closed below the trend line. Also the formation of divergence between the price and rsi has formed. The probability of a retest is very high.
Disclaimer: This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
PNB, Intraday View for 20-JuneToday we have an indecisive candle in the positive zone. The probability of gap up or gap down is very high. But there is no change in the structure.
For tomorrow the intraday range is 130 to 136 and 126 to 122.
Disclaimer: This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
GRANULES, Technical OutlookThe degree and nature of separation in bands are indicating the weakness in price.
Also the rsi is declined below 60.
For me the price is in the no trade zone.
Disclaimer: This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
CASTROLIND, Technical OutlookCMP - 186.65
Today the price has managed to close above an important level of 185.20.
The price could test the resistance level of 200.65 and if broken then we would see the level of 215.70
Disclaimer : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
COFORGE, Technical OutlookThe price has given the breakout of the resistance R1-5,313 and of the LTMA band.
The price could test the higher level of 6378.45.
Also RSI is above 60.
Disclaimer : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
PNB, Intraday View for 10-JuneThe price is trading in the compression zone or in the neutral zone.
For intraday the levels of S1-122 and R1-130 are important to watch.
Above 130 - Uptrend
Below 122 - Downtrend.
Disclaimer : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
Nifty on Radar - 31 MayThe price is trading near all time high levels.
The degree and nature of separation in both bands indicates that we are in a strong uptrend.
Disclaimer : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
BPCL, Technical OutlookThe price is strongly rejected by the LTMA band.
Also the formation of an Inverted Hammer Candle in the negative zone indicates a down move.
The price could test the levels of 565 and if broken then 535.
Disclaimer : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
SRF, Technical OutlookThe price is showing signs of reversal near its recent swing-low.
Also, the degree and nature of separation in both bands indicates a start of compression.
CMP - 2,265.55
R1 - 2,280.00
S1 - 2,182.00
Disclaimer : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
CIPLA, Triple Top PatternToday we have an indecisive candle with a high of 1,514,20.
The price has made a triple top pattern.
Tomorrow's candle will clear whether the price has respected the pattern or not.
Trade accordingly.
Disclaimer : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
Nifty on Radar - 5 JuneNIFTY (22,620) is currently in a negative trend.
The probability of a negative move is very high.
Short positions can be held with daily closing stoploss of 22,705.
A positive trend will be started if Nifty closes above 22,705.
Disclaimer : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
PNB, Intraday View for 6-JuneThere are two main levels to watch one is S1-120.75 and the other is R1-131.55
And today the price has managed to close above the S1.
Also keep in mind above 131.55 we will be in a positive trend and below this level we are in a negative zone.
Disclaimer : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
BANDHANBNK, Technical OutlookKeep an eye on the demand zone with levels from 170 to 175.
The price could be re-bounced from these levels.
Disclaimer : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
PNB, Intraday View for 5-JuneToday's huge red candle has changed the structure dynamically.
The next important level to watch is the demand zone of 95 to 100.
But for sure we could see high volatility until the price has not settled down.
Disclaimer : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
