Intraday
NIFTY 50 TRADE PLAN FOR 05-01-2023NIFTY is at Crucial Support of the 18000 zone and today is the weekly expiry. Therefore we can expect volatility in the market and there can be Fake Breakouts.
1. Nifty closed at 0.5 FIB Zone and if it sustains there and crosses 0.382 FIB along with the resistance trendline, Will take a bullish entry on a proper retest.
2. If Nifty breaks the 18000 zone and Important hourly support trend line. My view will be bearish for the short term. The next support will be 17800. There are many GAPS pending below 17800 and I think market will fill those gaps, once 17800 is broken
ps: Budget Session is ahead - Trade with Proper Risk Management.
SCHNEIDER ELECTRIC - DAY CHART - 04.01.2023 - BAHAVAN CAPITALSCHNEIDER ELECTRIC as per Day chart Analysis
Stock ABOVE 174 TARGET 178
Today there had been a big sell of from FII 2620.89 Cr and DII Net Buying is 773.58 Cr.
Nifty can take a support at 17835 or 17771 Level.
Bank Nifty can take a Support at 41951 Level.
Happy Profitable Trading to All...
Dogecoin buy-Inverted head and shoulder formingHappy new year guys,I wish this year we all can fulfill our dreams of becoming successful traders.
So Here is another trades for you.Dogecoin is making a bull setup with a inverted head and shoulder pattern in 1h time frame.There is a strong resistance zone in the neckline of the pattern(0.07091-0.07158 level) which dogecoin is trying to break.A breakout candle is already seen in the chart but because of the strong resistance it can reject another 2-3 times.If it breaks,a buy trade can be initiated from here.It may take a retest after reaching the first resistance level(0.07448).
So keep an eye on this trade.You may have hold the trade for 1-2 days.Happy trading.
Nifty501. Rising wedge
2. Inside candle @ 1hr
3. Important support -18080 and 18000
4. Closed above 50 MA
5. Downtrend in 1 day
The nifty 50 is continuously moved upside, looking closely we can see that it is moving in a wedge pattern i.e RISING WEDGE.
Taking Support at 50 MA and ending up with an Inside Candle bar pattern.
Important levels to trade -
BUY above 18150 which shows that it had respected the 50 MA and 18080 as support.
Sell below 18000 which shows that it crossed 50 MA and 18080 thus looking for a bearish move and also BREAKING DOWN the RISING WEDGE pattern successfully.
30:1 winning trade ☯️ updated last day❤Bank nifty last expiry of the year make a trade hero without hitting you zero
All the tarde as marked ♐
shows in last days chart market reacted same 💯
Again all target hitted,
After a channel pattern breakout as well as breaks SZ marks close to 200+ points tarde of CE side
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Intraday Nifty levels for 29-Dec-2022Intraday #Nifty levels for 29-Dec-2022
Blue line - indicates Daily Range
Yellow line - indicates Weely Range
Red dotted lines - Resistance
Green dotted lines - Support
Wait for First 15 mins candles to close. If Nifty(spot) is moving above First 15 mins and above 21 EMA High ( Green moving average line), then look for long, else look for short opportunity if Nifty(spot) is moving below First 15 mins and below 21 EMA low ( Red moving average line). Also, track VIX for volatility.
Banknifty reversal zones 29-12-2022Note: Always try to find a good price action patterns or any candle stick patterns in marked zones in smaller timeframe to take entry with small stop loss.
(Color code for Support & Resistance zones: Red - Sell, Green - Buy, Price once cross above resistance it is obvious it will work as support, vis versa price cross below support zone ). If any doubt for take entry in price action patterns, please ask in comment box, i will try to help.
Disclaimer: Im not tip provider and this chart is not indented to take trade in my levels, It is shared here for learning purpose. Trading in this pattern is all your own risk.
Nifty reversal zones 29-12-2022Note: Always try to find a good price action patterns or any candle stick patterns in marked zones in smaller timeframe to take entry with small stop loss.
(Color code for Support & Resistance zones: Red - Sell, Green - Buy, Price once cross above resistance it is obvious it will work as support, vis versa price cross below support zone ). If any doubt for take entry in price action patterns, please ask in comment box, i will try to help.
Disclaimer: Im not tip provider and this chart is not indented to take trade in my levels, It is shared here for learning purpose. Trading in this pattern is all your own risk.
📊BANKNIFTY IDEA - 28-12-2022 NSE:BANKNIFTY
Banknifty key levels are marked on chart.
Intraday resistance - 43000 if breaks then bullish move is expected.
If it doesn't break and if drift below 42850 then a fall towards the major Support 42000 Is expected.
The price has reversed instantly with high momentum from major trendline support.
Use position sizing according to your stoploss level.
Like this idea if you find it useful and please share with your friends.
Keep learning,
Happy trading.
Thankyou.