ITC
NIFTY50 KEY LEVELS SUPPORT AND RESISTANCE 10/06/2020 WEDNESDAYKey Levels for NIFTY50 : INTRADAY CHART ANALYSIS
UPPER BREAKOUT~10075
FIRST TARGET~10123
INTERIM RESISTANCE~10184
FINAL RESISTANCE~10235
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LOWER BREAKOUT~9983
FIRST TARGET~9946
INTERIM SUPPORT~9905
FINAL SUPPORT~9861
My views are for educational purposes only.
Please trade with caution and consult your financial adviser before trading.
NIFTY50 KEY LEVELS SUPPORT AND RESISTANCE 09/06/2020 TUESDAYKey Levels for NIFTY50 : INTRADAY CHART ANALYSIS
UPPER BREAKOUT~10199
FIRST TARGET~10238
INTERIM RESISTANCE~10273
FINAL RESISTANCE~10307
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LOWER BREAKOUT~10149
FIRST TARGET~10118
INTERIM SUPPORT~10082
FINAL SUPPORT~10039
My views are for educational purposes only.
Please trade with caution and consult your financial adviser before trading.
HDFC KEY LEVELS SUPPORT AND RESISTANCE 09/06/2020Key Levels for HDFC : INTRADAY CHART ANALYSIS
UPPER BREAKOUT~1771.60
FIRST TARGET~1781
INTERIM RESISTANCE~1791.95
FINAL RESISTANCE~1805.30
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LOWER BREAKOUT~1748.85
FIRST TARGET~1740.25
INTERIM SUPPORT~1730.85
FINAL SUPPORT~1719.10
My views are for educational purposes only.
Please trade with caution and consult your financial adviser before trading.
NIFTY50 KEY LEVELS SUPPORT AND RESISTANCE 08/06/2020 MONDAYKey Levels for NIFTY50 : INTRADAY CHART ANALYSIS
UPPER BREAKOUT~10186
FIRST TARGET~10219
INTERIM RESISTANCE~10256
FINAL RESISTANCE~10290
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LOWER BREAKOUT~10147
FIRST TARGET~10128
INTERIM SUPPORT~10098
FINAL SUPPORT~10066
My views are for educational purposes only.
Please trade with caution and consult your financial adviser before trading.
NIFTY50 KEY LEVELS SUPPORT AND RESISTANCE 05/06/2020 FRIDAYKey Levels for NIFTY50 : INTRADAY CHART ANALYSIS
UPPER BREAKOUT~10063
FIRST TARGET~10095
INTERIM RESISTANCE~10139
FINAL RESISTANCE~10187
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LOWER BREAKOUT~9995
FIRST TARGET~9947
INTERIM SUPPORT~9903
FINAL SUPPORT~9859
My views are for educational purposes only.
Please trade with caution and consult your financial adviser before trading.
ITC: Trend analysis (Strong long bias)Weekly Time-frame:
Last week ended with strong bullish candle. (Strong bullish bias)
Daily Time-frame:
While analyzing weekly strong bullish candle, on daily time-frame price broke the down trend-line with strong bullish momentum which signify possible trend change.
4H Time-frame:
After breaking down trend-line on daily time-frame, price also broke the 50-EMA and immediate resistance zone/level with the momentum which is high confluence . Then prices made a higher high which confirms the up-trend.
For conservative trading, wait for some correction i.e. pullback towards high confluence area.
Conclusion: As price action on every time-frame confirms long bias, one can initiate a long trade once pullback is over with stop-loss below support zone keeping own risk to reward ratio in mind.
NIFTY50 KEY LEVELS SUPPORT AND RESISTANCE 04/06/2020 EXPIRYKey Levels for NIFTY50 : INTRADAY CHART ANALYSIS
UPPER BREAKOUT~10105
FIRST TARGET~10151
INTERIM RESISTANCE~10187
FINAL RESISTANCE~10221
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LOWER BREAKOUT~10035
FIRST TARGET~9997
INTERIM SUPPORT~9941
FINAL SUPPORT~9878
My views are for educational purposes only.
Please trade with caution and consult your financial adviser before trading.
NIFTY50 KEY LEVELS SUPPORT AND RESISTANCE 03/06/2020Key Levels for NIFTY50 : INTRADAY CHART ANALYSIS
UPPER BREAKOUT~10057
FIRST TARGET~10104
INTERIM RESISTANCE~10162
FINAL RESISTANCE~10216
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LOWER BREAKOUT~9957
FIRST TARGET~9925
INTERIM SUPPORT~8892
FINAL SUPPORT~8857
My views are for educational purposes only.
Please trade with caution and consult your financial adviser before trading.
NIFTY50 KEY LEVELS SUPPORT AND RESISTANCE 02/06/2020Key Levels for NIFTY50 : INTRADAY CHART ANALYSIS
UPPER BREAKOUT~9881
FIRST TARGET~9961
INTERIM RESISTANCE~10035
FINAL RESISTANCE~10122
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LOWER BREAKOUT~9765
FIRST TARGET~9708
INTERIM SUPPORT~9607
FINAL SUPPORT~9509
My views are for educational purposes only.
Please trade with caution and consult your financial adviser before trading.
ITC SWING TRADE IDEAITC has given a breakout above 195 level and closed strongly on DCB.
On monday,if the index trend is up, we can expect a move towards 205 level this week.
Any correction in the price can bring it further down towards the upper line from where more quantities can be added upon price action confirmations.
All validations given as per setup :
Hourly chart :
Trade as per you RR.This is only an analysis and not a recommendation.
Happy Learning!
NIFTY50 KEY LEVELS SUPPORT AND RESISTANCE 28/05/2020Key Levels for NIFTY50 : INTRADAY CHART ANALYSIS
UPPER BREAKOUT~9342
FIRST TARGET~9433
INTERIM RESISTANCE~9514
FINAL RESISTANCE~9594
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LOWER BREAKOUT~9267
FIRST TARGET~9198
INTERIM SUPPORT~9123
FINAL SUPPORT~9037
My views are for educational purposes only.
Please trade with caution and consult your financial adviser before trading.
NIFTY50 KEY LEVELS SUPPORT AND RESISTANCE 27/05/2020Key Levels for NIFTY50 : INTRADAY CHART ANALYSIS
UPPER BREAKOUT~9078
FIRST TARGET~9121
INTERIM RESISTANCE~9166
FINAL RESISTANCE~9221
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LOWER BREAKOUT~8994
FIRST TARGET~8960
INTERIM SUPPORT~8916
FINAL SUPPORT~8862
My views are for educational purposes only.
Please trade with caution and consult your financial adviser before trading.
ITC Goes ShortHey! I am back and after a long time!
Ping me if u want to join in my channel and get free calls.
As said earlier in ITC, just followed our levels beautifully,and i told to go long, it gave awesome results,
Now what i feel is to sell from the rise,when? If it slips below 176.3, expect a very good fall.
So short below 176.3 for trgts 170, 165 and 160. Anything below 160 gives you 155 and 150 levels!