Bank Nifty is in good Support zone
Today market was side base except last move. From 27 December 2023 -1 January 2024 it create a support Zone. Today we can see a fake breakout at14:15.
Reason behind the reason:
Volume was very not supporting the price.
Also MACD was indicate downtrend for the day.
If we see Option data at the time of price increase but...
HDFC follow a trendline as per I draw.
Nearest strong Support at :1696
If tomorrow price break the trend line then your buying entry will be available after price settle up 1705.
Next Support area 1684.55
MACD and RSI is indicate bearish for intraday.
In a day timeframe Log term HDFC is bullish . If you are an investor then you can buy on dip.
48180 Support Zone. If volume will be low then Sort term resistance will be 48374.48593 is strong resistance.
Strong resistance: 48593
Any bearish candle near resistance SELL.
Intraday Levels:
Support: 48180
Buy small quantity near Support.
Expectations: Side base Day
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
Kaustav Hazra
If Stock opens Gap up or Gap down from the buy price please Avoid trade
DISCLAIMER:- I'm not SEBI registered research analyst or investment adviser. All stocks & information given is for educational purpose only. Consult with your financial advisor before taking the trade on my views given here.
Follow me for more such breakouts if you also want these breakouts then contact me 9081469519.
you'll be receiving the intraday and positional charts on a daily basis.
Follow me for more such breakouts if you also want these breakouts then contact me.
you'll be receiving the intraday and positional charts on a daily basis.
Follow me for more such breakouts if you also want these breakouts then contact me.
you'll be receiving the intraday and positional charts on a daily basisi.
50HCL Setup Stock Performance
"50HCL" indicator already shared in indicator section.
All Conditions are given there. This indicator has potency to gain about 5% to 20% profit.
I have given an indicator e.g. 50HCL. That Stocks fulfill all the condition that which given there. Take a trade.
when price closed above 50H, just entry into its High with RSI above 55 confirmations.
NSE:ICICIBANK
VK2413
#WEDNESDAY#
{
<#ICICI BANK>
VOLUME on Tuesday is high compared to last 5-6 days;
it's creating a strong support from past 3 days ;
tomorrow we can have a intraday trade, since it's @ its support;
if it breaks 751
{ BUY: ICICI BANK
750 is its very good support
because it's VWAP for Tuesday ;
TARGET:-756-759
...
