Today Nifty values : if the nifty value go upwards , the value might reach 16800 if the nifty value go downward , the value might reach 16540
Keep an Eye on it..It can be a good trade because Stoploss is very less. Risk Reward Ratio will be good.
Nifty has took support where it should to be i.e. its previous consolidation range. Also, nifty has reached its falling trendline where it has faced resistance for many times, long after it crosses the trendline. Strong support of RSI around 30. Also, MACD crossover is visible.
buy above 1200 in intraday For stoploss in Intraday use 5 minute chart and see nearest support. for target use 5 min chart and fibonacci pivots as i don't keep predefined target. try to book partially and trail. Note: this is not a prediction for LONG/SHORT, trade will trigger only on given level as per technical analysis NOTE: For Gapup or bo before 9:20 If...
Banknifty has given a breakout of cup and handle pattern above 35100, and is capable to reach 35400 and above levels. Also both RSI and MACD is supporting the move. Option data is extremely bullish and could witness short covering.
intraday trading idea for techm watch for buying opportunity stock running in a parallel channel
We can enter either side in hdfc bank after it break its trendline. Targets are mentioned in the chart itself.
As we see lalpathlab is forming doubble bottom . We can go long after it breaks trendline and 50ema and go short if it breaks last day's low. Targets are mentioned in the chart itself.
There is breakout of inverted head and shoulder in MPHASIS could soon see levels of 3300 also there is rising RSI with positive histogram. IT sector in focus.
Long hcltech after the shown breakout. RSI is showing strength with positive MACD histogram keep sl around 1135 and target of 1155-1160. IT sector is also in focus.
NSE:DABUR Observations: 1) On 1day time frame, we can see resistance channel. It has been keep on taking resistance from this channel. Please refer below chart : 1day Time Frame. 2) Also On 1day time frame, we can see it is in process to make double bottom formation. If it tries to complete formation then we can see up move in short term, till the...
Aegis Logistics is seemed bearish more. It's the top loser stock of last Friday's market session. I have drawn this chart to show a bearish area to short-term investors. Wherein AEGISCHEM can show 150 - 138 - 118 levels into that area. Intraday traders can sell for targets of 166 - 164 levels. And if it breaks the 164 level, then be ready for a downtrend.
We can spot bullish divergence in POWERGRID. We can go long above 200ema and high volume area. Targets are mentioned in the chart itself.
Nifty is taking support above 16500 highest put OI strike, but I don't think that it can move above 16800 I would suggest to short nifty near 16650-16700. NOTE:- If you are playing reversal or expecting a bounce, avoid through calls because if vix move down call price will also fall and decay very fast.
Natural Gas (MCX) : 7.50 % returns at 11.30am 24.02.2022 HOW ??? 1.Trend line Breakout 2.Above SMA 200 support 3.RSI 50 Support. 4.100% PURE Price action . 5.simple setup You know 1 lot = 1250 /- 25 rupees changed(7.50% future returns) =25*1250= 31250/- 1 lot future returns.
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 ...
SYNGENE INTERNATION Recent Breakdown seen on Daily and weekly chart. 550 is good psychological level to short, can enter into trade 30% at CMP also. Safe level is to Short below 535 ( Intraday setup) For stop-loss in Intraday use 5 minute chart and see nearest resistance. for target use 5 min chart and fibonacci / pivots level Always try to book partially and...
safe trader book partial profit here risky trader put SL at buy price banknifty 37370 to 37570 first target achieve wait for next level