NIFTY ON 19-07-2022
Opened with a Gap Down at 16187.05 NIFTY observed buying and the opening became the Day low for the day. NIFTY continued its southward journey to make a day high of 16359.50 and closed at 16340.55 making a strong bullish candle on daily chart.
Except PHARMA and OIL&GAS all other vital Indices closed in Green with AUTO and BANK emerging as...
NSE:WIPRO
THIS IS SHORT TERM TRADE .
INTRADAY TRADE OF TARGET 414 OF 2 %
There is daily support zone and next resistances zone on hourly chart is 414
The SGX nifty is also up 100 points which indicates bullishness in market .
For short term confirmation the stock is above moving average 20 which means the trade is correct .
A stop loss ...
Wait And Watch ??
Look for Low risk, High reward, and High Probability setups-
Things to Remember while Trading with the Trend
1. Know what the trend is.
2. The best trades are made in the direction of the trend.
3. Assume that the main trendline or moving average will hold.
4. The longer the moving average is, the better it defines the trend.
5. Wait for the...
Wait And Watch ??
Look for Low risk, High reward, and High Probability setups-
Things to Remember while Trading with the Trend
1. Know what the trend is.
2. The best trades are made in the direction of the trend.
3. Assume that the main trendline or moving average will hold.
4. The longer the moving average is, the better it defines the trend.
5. Wait for the...
NIFTY did manage to successfully close positively in an earlier supply zone. The up move in price was driven by short covering and not fresh buying. Because of this we can expect some downward movement in the markets today . As mentioned in our study yesterday the index can take support near 16130-16080 zone. We maintain the market can remain sideways between...
ZOMATO -- HOURLY CHART -- INTRADAY SETUP -- 18/07/2022
1, Zomato seen pullback from 54 sub level to 61 level, now stock seen sharp correction from this level stock trading at same pullback level retest
2. HOURLY chart seen oversold level, RSI moving up now showing upward direction sign of trend reversal after correction
3. after heikin ashi consecutive red...
PAYTM -- HOURLY CHART -- INTRADAY SETUP
>> As per previous idea of paytm, Stock shown good bullish momentum above 680 level. now stock can seen strong upward movement from this level
>> trendline shows good support at new channel form around 700-705 level as support and 735-740 as resistance level for channel
>> RSI seen above 60 level on dialy chart which...
Good to keep on the radar as it will help to decide market direction
Always respect SL & position sizing
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Trade Secrets By Pratik
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Disclaimer -
SEBI UNREGISTERED
This is our personal view and this analysis is only for educational purposes.
Please consult your advisor before investing or...
In the week gone by NIFTY has made an inside bar on weekly charts. However the price action for the last five weeks clearly show buying emerging at lower levels and one can see higher lows being registered in the last five weeks. Based on price action in shorter time frame and also after looking at the FnO data we think the market is likely trade sideways with in...
Strong pullback in weekly charts we may expect rally will continue for short term.
DISCLAIMER:
Trading in Stock Market, Currency or Commodity markets is risky and there is every chance of losing money. One should only trade with a small portion of his or her money which he can afford to lose. Never put all your money in trading and never borrow money to trade.
DELTA CORP -- HOURLY CHART -- INTRADAY SETUP
1. stock seen shift from lower channel to upper channel on hourly chart
2. stock seen close at channel support lower level on hourly chart 200 HMA support bellow the closing candle
3. HAMMER & DOJI candle combination seen indication for trend reversal after correction
4. RSI seen about cross at closing candle
5....
HUL is near support at intraday time frame, recent trend direction is clearly up. As the retracement has been very low we look for buying opportunity for intraday time frame.
INTELLECT DESIGN -- INTRADAY SETUP- HOURLY CHART -- 13/07/2022
1. stock trading at trendline & upper channel support level on hourly chart
2. last hourly candle above 50, 200 HMA
3. RSI at mid range 54 at daily chart
4. BUY can initiate at intraday between 672-675 TARGET 680-685 level stop loss at 665 level.
5 MACD above center and signal line at daily...
NSE:BANKNIFTY
Important levels are marked on charts.
NSE:NIFTY
trade with stop loss to avoid big drawdown.
use position sizing is significant for long-run success.
thankyou
happy trading, keep learning.
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![BANKNIFTY: BANKNIFTY & NIFTY SUPPORT AND RESISTANCE FOR [13-07-2022]](https://s3.tradingview.com/c/CyR6vkYl_mid.png "BANKNIFTY & NIFTY SUPPORT AND RESISTANCE FOR [13-07-2022]")
