Disclaimer - I am also a learner! and I am publishing this to share what I learnt with other learners and to get some comments from veterans of this field This is a simple positive trend prediction. I have started by just highlighting an assumed resistance and support by joining the highs and lows respectively. Then you can get a clearly idea that the current...
Banknifty facing some resistance at the same level again and again. Check for short levels using picots.
S.L of previous SHORTS and NEW LONG ORDERS above resistance!
Monthly Downtrend line is broken and Daily Trend is LONG!
There has been a great downtrend from some time in Bank nifty. But yesterday the market showed a very nice bullish momentum, so today and tomorrow the market may be a little volatile. But I have spotted a very nice W pattern in 4 hour timeframe so the it has a very high probability of showing bullish momentum within 2-3 days. Just check this out. Note : This is...
TECHM LOOKS GOOD FOR TOMORROW ! WAIT FOR CLOSING/RETEST ABOVE SUPPORT/RESISTANCE. IF OPEN BIG GAP UP/DOWN THEN AVOID OR TRADE ACCORDING TO PRICE ACTION ! TRADE WITH PROPER RISK MANAGMENT ! FOLLOW FOR DAILY ANALYSIS !
WEEKLY UP TREND AND Descending broadening wedge with good oscillation! Daily down trend reversal!
support and resistance analysis for 7 may 2021 previous day open 32915 previous day close 32875 previous day high 32956 previous day low 32564 support for tommorrow 32564,32240 resistance for tommorrow 33394 Wait for breakout or breakdown of support or resistance or treadline In candlestics look for pin bar or hammer or inside ...
BANKNIFTY is doing a retest.. now it can go either up or down. .but by studying level from 13 December 2020 to 6 January 2020 .there are about more chances to succeed in retesting and NIFTY is also going up. when price crosses ichimoku cloud and trend line you must short ..There will also be a good target if it succeeds in retesting. .according to me take entry at...
This post is for purely for education and learning purpose only
Bullish Breakout above horizontal resistance (top one) with good volumes after long contraction in price range and volumes. Support on 200ema identified.
NSE:HDFCBANK (FOR LEARNING PURPOSE ONLY) Price crossed previous HL to form a correction wave Price Might reach 1015 (next support)