Divis lab - Keep an eyeThe concept of the setup is clearly shown on the charts. The third time, the price is around 3540. If bounces back this time too, may go to 3690, 3800, or even more.
It is a low-risk setup because if the price sustains below 3520 for a couple of days, the setup fails. one should exit below 3520 or according to the one's risk management.
The above illustration and setup are only for learning and sharing purposes. it is not a bit of trading advice in any form.
All the best.
Intraday
Reliance trade setupIt can be marked that the stock has bounced back from 2290 twice. If crosses 2360 with momentum, can go to 2400 or 2460.
MACD is showing a likely crossover.
Sustaining below 2310 will show the weakness on the charts.
Also, according to the setup (if works), the risk-reward ratio is good.
Exit any trade, if it violates your risk management.
Only for learning and sharing purposes, not a bit of trading advice in any form.
All the best.
Delhivery Ltd., ; min 15% ROI ; good opportunityFundamentally good stock,
For long term investment.
Reset chart for clear view.🔃
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Entry: 422
target: 473 - 490
sl: 405 - 400
major stoploss/ support: 389
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Enter only after breaking " Yellow box" mentioned.
Or else wait for some time.
'
;good for long term investment.
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Don't make complicated trade set-up.📈📉
Keep it " simple, focus on consistency💹
Refer our old ideas for accuracy rate🧑💻
Valuable comments are welcomed-✌️
.
refer old ideas attached below
Nifty going to make new all time high soon | Nifty soon @ 20200+Hello Traders.
Nifty is doing well since 2 days, Today also it has done well, and closed above 19800 which is positive sign for nifty. On weekly timeframe nifty has formed long bullish candlestick pattern and before to that we have seen a hammer pattern. All these indicating that Bullishness has come back in market, and market is ready to fly. We have seen recent low on nifty around 19343, that can act like strong support zone in near term. Well if nifty take u turn from here, then it can take support at 19650 levels. And that area will be really good for taking entry in it. Well you guy's can start accumulating from here only. Well any decisive move above 19800 can take nifty sharply above 20000+. If i talk about monthly open interest data. Then Maximum call open interest is available at 20000 strike, followed by 19900 strike, and the maximum put open interest is available at 19600 strike, and followed by 19800 strike.
So if you guy's get levels around 19650-19700, take it and then place your stop loss at 19358 levels. Target i have already mention on chart.
Important levels for Nifty:-
Near term support zone 19650
Strong Support Zone 19350
Near term resistance zone 19900
Strong Resistance zone 20000
Start buying from current levels and accumulate more if you get lower levels towards 19650.
And then hold and sit tight, nifty will be ready to fly towards 20200+ levels in coming few session. We might can see follow up buying in index if we don't see any negativity in market. So start buying little little from current levels..
Note:- Always wait for the best entry or levels to execute trades. And always follow strict stop loss to save your capital from unexpected market direction.
Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades.
Dear traders, If you like my work then do not forget to hit like and follow me, and guy's let me know what do you think about this idea in comment box, i would be love to reply all of you guy's.
Thankyou
Gold - Continue to increase pricesHello everyone.
As I analyzed yesterday, the price of gold today continued to decline, reaching a level of around $1901 in early Wednesday trading. This precious metal is still weighed down by the recovery of the US dollar and higher US bond yields. Gold is still receiving strong support due to ongoing market instability.
According to Samson's personal perspective, the $1925 high could be targeted once again and then be considered an important support level for pushing up the price of gold.
Nifty intraday levels for today 26/Sep/2023Good Morning Traders.
Nifty has formed a dogi kind of pattern, seems indecisiveness among bulls and bears abt near term. OI is suggesting that 19600-19500 will be near term support, and 19800 can act like strong resistance zone for nIfty. Global market is showing bearishness today, GIFT Nifty also suggesting a gap down opening in market. If i talk about trend in the market, Nifty can consolidate between 19500-19850 levels. Let's see what is going to happen, we will act according to our chart pattern.
Important levels for Nifty:-
Strong Resistance Zone 19800-19850
Strong Support Zone 19500-19550
Buy above 19725, if levels sustains at least for 15 Mints.
Targets we can see in upside 19784/19844
Keep stop loss at 19629
Sale below 19629, if levels sustains at least for 15 mints.
Targets we can see in downside 19566/19502
Keep stop loss at 19725
Note:- Always wait for the best entry or levels to execute trades. And always follow strict stop loss to save your capital from unexpected market direction.
Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades.
Dear traders, If you like my work then do not forget to hit like and follow me, and guy's let me know what do you think about this idea in comment box, i would be love to reply all of you guy's.
Thankyou
[INTRADAY] #BANKNIFTY PE & CE Levels(25/09/2023) Today will be gap up opening in BANKNIFTY . After opening if banknifty sustain above 44550 level then possible upside rally of 400-500 points upto 44950 Level. And this rally can extend for another 400 points if it gives breakout of 45050 level. Any Major downside only expected in case banknifty starts trading below 44450 level. also possible Reversal Downside 44950 level.
Falling Wedge Pattern breakout in SUNTVSUN TV NETWORK LTD
Key highlights: 💡⚡
✅On 1Hour Time Frame Stock Showing Breakout of Falling Wedge Pattern.
✅ Strong Bullish Candlestick Form on this timeframe.
✅It can give movement up to the Breakout target of 612+.
✅Can Go Long in this stock by placing a stop loss below 590-.
Triangle pattern breakout in CUMMINSINDCUMMINS INDIA LTD
Key highlights: 💡⚡
✅On 1Hour Time Frame Stock Showing Breakout of triangle Pattern.
✅Strong Bullish Candlestick Form on this timeframe.
✅It can give movement up to the Breakout target of 1805+.
✅Can Go Long in this stock by placing a stop loss below 1725-.
Falling Wedge Pattern Reversal in AMBUJACEMAMBUJA CEMENT LTD
Key highlights: 💡⚡
📊On 1Day Time Frame Stock Showing Reversal of Falling Wedge Pattern.
📊 It can give movement upto the Reversal target of Above 445+.
📊There have chances of Breakout of Resistance level too.
📊 After Breakout of Resistance level this stock can gives strong upside rally upto above 492+.
📊 Can Go Long in this stock by placing stop loss below 412- or last swing Low.
#NIFTY Intraday Support and Resistance Levels - 21/09/2023Nifty will be gap down opening in today's session. After opening nifty start trading below 19880 level and then possible downside rally up to 19760 in today's session. in case nifty trades above 19920 level then the upside target can go up to the 20040 level.
[INTRADAY] #BANKNIFTY PE & CE Levels(21/09/2023) Today will be gap Down opening in BANKNIFTY . After opening if banknifty start trading below 45450 level then possible downside rally of 400-500 points upto 45050 Level. And this rally can extend for another 400 points if it gives breakdown of 44950 level. Any Major upside only expected in case banknifty starts trading above 45550 level. also possible Reversal upside 45050 level.
Nifty Price Action View - 20-9-2023As Per Chart We can See Price Has been trading In Rising Wedge pattern.
Buy Opportunities:-
Buy Above Only 20160 If Any 15 Min Candle close Above that Level
Target :- 20200 - 20233-- Stop loss :- 40 to 50 Point
Sell Opportunities:-
Sell If Price Hold Below 20150 Area 15 to 30 min Then good Selling Zone For Nifty
Target :- 20062- 20011-- Stop loss :- 40 to 50 Point
Avoid If Any Heavy Gap or Gap Down opening..
NIFTY INTRADAY LEVELS FOR 18/09/2023 (HAPPY GANESH CHATHURTHI)" HAPPY GANESH CHATHURTHI "
" MAY THIS GANESH CHATHURTHI REMOVE ALL YOUR HURDLES BRING YOU PROFITS "
BUY - 20200
SL - 20170
TARGETS - 20280,20380,20470
SELL - 20140
SL - 20170
TARGETS - 20110,20040,19950
NO TRADE ZONE - 20140 to 20200
Previous Day High - 20222
Previous Day Low - 20134
I am sharing NIFTY levels this levels acts as important support & resistance for intraday. if you want to trade with this levels wait for 15 min Candle closing above that levels. You can trade with breakout and reversal both.
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Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day.
Please NOTE: this levels are for intraday trading only.
Disclaimer - [/b ] All information on this page is for educational purposes only,
we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
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Ultratech - Towards 9000 ?As you can see the stock is traveling in a range that is forming a rising parallel channel. If does not breach the lower side of the channel, we can anticipate the price to move up to 9000.
This setup fails for the time if the price breaks down of the lower channel support.
Only for learning and sharing purposes, not a piece of trading advice in any form.
All the best.
Falling Wedge Pattern breakout in ICICIPRULIicici prudential life insurance company
Key highlights: 💡⚡
✅On 1Week Time Frame Stock Showing Breakout of Falling Wedge Pattern.
✅ Strong Bullish Candlestick Form on this timeframe.
✅It can give movement up to the Breakout target of 785+.
✅Can Go Long in this stock by placing a stop loss below 430-.
Triangle Pattern Reversal in BATAINDIABATA INDIA LTD
Key highlights: 💡⚡
📊On 1Day Time Frame Stock Showing Reversal of Triangle Pattern.
📊 It can give movement upto the Reversal target of Above 1730+.
📊There have chances of Breakout of Resistance level too.
📊 After Breakout of Resistance level this stock can gives strong upside rally upto above 1875+.
📊 Can Go Long in this stock by placing stop loss below 1615- or last swing Low.