Nifty, Banknifty analysis with top stocks and imp levels!Nifty50 and Banknifty saw a day with healthy moves for bulls. Banks and Reliance lagged a little.
Where do you think the #stockmarket is heading?
Important Nifty levels and Banknifty levels for tomorrow:
Levels for Nifty: 15,596, 15,660,15,733, 15,750, 15,835 15,986 (don't want to pick tops)
Levels for Banknifty: 34,130, 34,420, 34,640, 34,800, 35,011, 35,250, 35,340, 35,400, 35,529, 36,455
INFY
Infy: RESULT NEWS being factored in by Technical AnalysisInfy
- In Technical Analysis it is said, "Price factors in every thing."
Does it: Let us see with Infosys chart and result announcement news
What charts were saying before result announcement
Chart Observations
Channel trade - we see Infy moving in the red channel since July 2020
- the channel was broken in Feb 2021 and that was an indication of Infy possibly changing gears
- In April 2021, this cue was captured in our Infy result strategy, and it was suggested that Infy might pause at mid point of the red channel
see for yourself
Infy reacted exactly from those levels as Charts indicated
- come July 2, 2021, this is what was updated here at tradingview.
On July 2, it was said that Infy is near the top of blue channel.
- Infy Results were announced yesterday evening after market hours and again we see Technical levels being respected. The NEWS reaction has not breached the channel top so far.
- let me re-iterate, Technical Analysis is not about being right or wrong...
I use it
- to know my risk involved and reward potential
- plan my trade with this knowledge &
- be comfortable with the outcome
If you analyze the Infy trade strategy that was suggested on 2 July,
This strategy would be
- profitable by 12 points per lot if Infy falls down
- profitable by 12 points per lot if Infy stays sideways
- profitable by 4 points per lot if Infy rises up to 1668 on expiry day
- in loss if Infy goes above 1672
This strategy was adopted again based on Technical Analysis and chart observations
- on previous occasions, the best movement before the results were out was of 27.29%
- the current rally started after making a low of 1311
- so factoring a 27.29% rally from 1311 comes to 1668
Whereas the trading strategy covered the risk for a rise up to 1672 (still profitable by 4 points)
"Sau baat ki ek baat bol raha hoon aaj - I'm not here for your likes but If you understand this well, it can make a world of difference to you... So Mark these words
If you ensure you don't lose, you would be profitable"
Hope you find it helpful.
You can follow me but don't follow blindly
Learn to identify opportunities independently
Make good use of tradingview
Happy learning...!!!🙂
Regards
Vaibhav Deshpande
Indiamarketoutlook
#93 LETS GRAB THIS OPPORTUNITY#93 (GENIE IDEAS): I will daily post intraday/swing/positional trading opportunities so u can analyse and get the most from it. if you like my analysis do like and follow me as a token of appreciation. And if you have any queries let me know.
Leave a comment that is helpful or encouraging.
Nifty, Banknifty & Top Stocks Analysis for tomorrow 15/07/21Nifty50 and Banknifty saw a day with healthy moves for bulls. Banks and Reliance lagged a little.
Where do you think the stockmarket is heading?
Important Nifty levels and Banknifty levels for tomorrow:
Levels for Nifty: 15,596, 15,660,15,733, 15,750, 15,835 15,986 (don't want to pick tops)
Levels for Banknifty: 34,130, 34,420, 34,640, 34,800, 35,011, 35,250, 35,340, 35,400, 35,529,
Infosys - Ready to smashInfosys is ready to smash the IT sector as it seems so bullish and now retesting the trend line, so give an entry with appropriate Stop loss
🔴DISCLAIMER
***** It's just for an educational purpose and so you must also follow your own technical analysis before taking up the trade ******
Aggressive traders enter at the breakout and conservative traders may give entry after retracement (Retracement is optional, we cannot expect every stock to take a retest after the breakout, it may also continue to have its bullish pressure after the breakout)
After reaching our targets, trail your stop loss to get maximum profit from the stock in a single trade
Terrific Thursday? Nifty, Banknifty, Top Stocks analysis + levelNifty50 and Banknifty yet another bearish biased day. Gap up open with gap-filling for the THIRD time! No relief rally either...
Where do you think the stock market is heading?
Important Nifty levels and Banknifty levels for tomorrow:
Levels for Nifty: 15,596, 15,660,15,733, 15,750, 15,835 15,986 (don't want to pick tops)
Levels for Banknifty: 34,130, 34,420, 34,640, 34,800, 35,011, 35,250, 35,340, 35,400, 35,529,
I also take a look at reliance, hdfcbank, infosys infy, hdfc, icicibank,kotakbank, sbin, axisbank
BEARS IN CONTROL? Nifty, Banknifty, top stock analysis w levels#Nifty50 and #Banknifty saw a day with some bearish bias. Their down-moves were 2x their up moves.
Where do you think the #stockmarket is heading?
Important Nifty levels and Banknifty levels for tomorrow:
Levels for Nifty: 15,596, 15,660,15,733, 15,750, 15,835 15,986 (don't want to pick tops)
Levels for Banknifty: 34,130, 34,420, 34,640, 34,800, 35,011, 35,250, 35,340, 35,400, 35,529,
📊 Infosys At Resistance 🎯NSE:INFY
whole IT sector at resistance and that i said few days back as well that IT sector Heading towards resistance.
as per this pattern Potential Reversal Zone is
PRZ 1 :- 1574.10
PRZ 2 :- 1584.90
Stop Loss :- 1635.10
so ultimately from PRZ 1 to Stop loss this whole Zone can act as resistance and to trade on this pattern you should have knowledge of reversal trading as Harmonic is all about ultimate reversal trading strategy.
advantage here in this chart :- reversal candle at PRZ so we might get reversal trade in upcoming session
disadvantage in this chart :- as per this Harmonic pattern stop loss is quite big so trade only on reversal.
Learn . Apply . Grow
******whatever charts or levels sharing here are just for educational purpose only not a recommendation. please do your own analysis before taking any trade on them. we are not SEBI registered.
INFY big target on buying side Hello guys i had find this setup in 1D timeframe in infy which is in it sector stock and also in bullish trend and also good fundamentals also made a good chart pattern cup and handle we can have a good opportunity for buying lets see and also before opening any position plzz do analysis yourself. if you like my analysis like share and do follow thank you
The Bulls Are Back! Nifty, Banknifty, top stocks analysis!Important Nifty levels and Banknifty levels for tomorrow:
Levels for Nifty: 15,596, 15,660,15,733 --- 15,750, 15,835 15,986 (don't want to pick tops)
Levels for Banknifty: 34,130, 34,420, 34,640 --- 34,800, 35,011, 35,250, 35,340, 35,400, 35,529,
Traders can short INFY as it is near the ceilingDear traders! Infosys has been rallying strongly for more than 4 weeks now.
In the 4-hour chart, we can see a ascending price channel with multiple touch points.
Since the direction of the channel is upwards, this is known as an ascending price channel.
Price has created higher highs and lowers lows within this channel.
Currently, price is on it's way towards the upper trend line of the ascending channel.
The area around 1520 could be ceiling for INFY.
My recommendation
Sell Entry : 1510-1530
Stop Loss : 1570
TP : 1370
#68 INFY SHORT SWING ANALYSIS#68(GENIE IDEAS): I will daily post intraday/swing/positional trading opportunities so u can analyse and get the most from it. if you like my analysis do like and follow me as a token of appreciation.and if you have any queries let me know.
Leave a comment that is helpful or encouraging. Let's master the markets together .
Hello Bears! Nifty & Banknifty analysis w/ levels & top stocksBoth, nifty50 and banknifty saw a bearish Thursday expiry.
After the gap down open, there was a brief attempt to reclaim highs, but selling pressure came in around 50MA on the Hourly chart for Nifty and around 34,870-34,700 for Banknifty.
There was a minor relief rally towards the end preceded by a shakeout, this time at 1415h instead of after 1430h. Hero-to-zero trades might have been tricky given that option decay was very high, even for next strike options.
Banknifty is testing the lower channel and 38.2% FIB level while Nifty is still comfortable within the cobweb of supports and resistances we've discussed before.
Important Nifty levels and Banknifty levels for tomorrow:
Levels for Nifty: 15,596, 15,660 ---15,733, 15,750, 15,835 15,986 (don't want to pick tops)
Levels for Banknifty: 34,130, 34,420 --- 34,640, 34,800, 35,011, 35,250, 35,340, 35,400, 35,529,
What's your nifty prediction banknifty prediction for tomorrow? What was your nifty banknifty trading like? Let's chat in the comments :)
A weak day! Nifty, Banknifty analysis with levels & top stocksNifty and Banknifty both saw a weak day today, with higher levels being rejected after a weak intraday momentum.
While option decay was present, trying to go contra might have yielded a better RR as even though the broader bias appeared to be on the downside, we did see a few very strong spurts, especially the first candle in Banknifty.
So let's analyse #nifty and #banknifty candle by candle. Along with the top stocks, Reliance, HDFC Bank, Infosys, HDFC, ICICI Bank, Kotak Bank, SBI Bank, Axis Bank.
Important Nifty levels and Banknifty levels for tomorrow:
Levels for Nifty: 15,660, 15,733, 15,750 --- ....15,986 (don't want to pick tops)
Levels for Banknifty: 34,640, 34,800 --- 35,011, 35,250, 35,340, 35,400, 35,529,
What's your nifty prediction banknifty prediction for tomorrow? What was your nifty banknifty trading like? Let's chat in the comments :)