PRECWIRE - Breakout Setup
#PRECWIRE - Breakout Setup, Move is ON..
Gave a breakout at 62.55 as per pattern shown in chart
Now trading above Resistance of 197
Next Resistance is at 252
Moved 219.26% in 110 weeks
Charts are self-explanatory. Levels of breakout, possible up-moves (where stock
may find resistances) and support (close below which, setup will be invalidated) are mentioned on charts.
Levelsintraday
For Tesla Inc. (TSLA) on a daily timeframe"Welcome to SkyTradingZone "
Hello Everyone 👋
For Tesla Inc. (TSLA) on a daily timeframe, here are the key support and resistance levels:
Support Levels:
First Support (S1): Around $220.67
Second Support (S2): Around $221.98
Resistance Levels:
First Resistance (R1): Around $265.90
Second Resistance (R2): Around $239.30
KOTAK Mahindra Bank Ltd view for Intraday 25th September #KOTAKBKOTAK Mahindra Bank Ltd view for Intraday 25th September #KOTAKBANK
Buying may witness above 1933
Support area 1910. Below ignoring buying momentum for intraday
Selling may witness below 1895
Resistance area 1910Above ignoring selling momentum for intraday
Charts for Educational purposes only.
Please follow strict stop loss and risk reward if you follow the level.
Thanks,
REC Ltd view for Intraday 25th September #RECLTDREC Ltd view for Intraday 25th September #RECLTD
Buying may witness above 552
Support area 545. Below ignoring buying momentum for intraday
Selling may witness below 539
Resistance area 545
Above ignoring selling momentum for intraday
Charts for Educational purposes only.
Please follow strict stop loss and risk reward
if you follow the level.
Thanks,
CANBK // Levels // 1h"Welcome to SkyTradingZone "
Hello Everyone 👋
For Canara Bank (CANBK) on the 1-hour timeframe, here are the key support and resistance levels:
Support Levels:
First Support (S1): Around ₹310
Second Support (S2): Around ₹305
Resistance Levels:
First Resistance (R1): Around ₹320
Second Resistance (R2): Around ₹325
These levels are based on recent price action and technical indicators
ITC // Levels // 1h"Welcome to SkyTradingZone "
Hello Everyone 👋
For ITC Ltd. on a 1-hour timeframe, here are the key support and resistance levels:
Resistance Levels:
R1: ₹515.00
R2: ₹520.00
Support Levels:
S1: ₹510.00
S2: ₹505.00
Financial Highlights (1H FY2023):
Revenue: ₹42,344 crore (approximately USD 5.7 billion)
Net Profit: ₹10,442 crore (approximately USD 1.4 billion)
Earnings Per Share (EPS): ₹13.19
Tata Motors Limited (TATAMOTORS) Levels For Tata Motors Limited (TATAMOTORS), the key levels are:
* Resistance Level: ₹414.00 (52-week high)
* Support Level: ₹154.00 (52-week low)
This means that:
* If the stock price is above ₹414.00, it is considered to be in a strong uptrend and may be difficult to break above this level.
* If the stock price is below ₹154.00, it is considered to be in a strong downtrend and may be difficult to break above this level.
Asian Paints Ltd Support & Resistance Asian Paints Ltd (ASIANPAINT) is currently trading at ₹3,309.15, with a recent price change of ₹14.70
For Asian Paints (ASIANPAINT), here are the key support and resistance levels:
Support Levels:
₹2,993.98
₹2,861.17
₹2,756.331
Resistance Levels:
₹3,149.85
₹3,219.59
₹3,477.88
Will B.N beat daily resistance or fall more? Bank Nifty AnalysisRecap :
Mentioned already on yesterday analysis that Bears have started dominating bulls you can read that in link below.
Morining Just started with bearish candle at 9.15 closed below previous day low following with long legged doji candle and once that doji low broken at 9.45 Am it got confirmed that bears are ready to dominate Later on bounced from daily support to days open again a good oppurtunity for buyers to cover loss or capture profit!
Post Analysis for Next Day :
Now Boundaries are clearly defined for Bank nifty to trade with todays 'v' shaped recovery. Next session may be wide range day. Range boundaries from 47300 to 46300. Bulls above 47300 or bears below 46300. We can wait till breaks from any one side or we can enjoy the range rides!
Currently bank nifty inching closer to daily resistance and falling trendline which again can be breakout or fall. Already bulls failed twice to break but more it tries to break makes resistance weak. Also avoid fakeout and enter only on confirmation or retest.
Watch the opening clearly any weak candle pattern in trend will lead bears to dominate again till support. looks like may open with gap
Resistance : 47100,47300
Support : 46600,46300,
Note : do your own analysis before making any trade decesions.
BANKNIFTY LEVELS 03/05/2023 BANKNIFTY ANALYSIS WITH LOGIC:
1. Considering today levels if there's flat opening or gap down price will move downward direction should break with strong candle below 43295 level then only, we will short up to 43065 level.
2. Consolidation may occur in between 43295 - 43450 level.
3. If there's gap up price may act more volatile and may break 43450 level with bullish candle during second half from that point, we can take long position up to 43600 level.
4. My act more vigorously after crossing 43600 level maintain strict stoploss while placing trades.
Have a safe and profitable day :)
Bank Nifty: Tuesday - 25/10/22Levels:
Support: 41040, 40810, 40640, 40400
Resistance: 41375, 41630
OI Data:
Highest OI Call in Bank Nifty per OI data: 42000
Highest OI Put in Bank Nifty per IO data: 40500
Nearest Major Resistance in Bank Nifty per OI data: 41600
Nearest Major Support in Bank Nifty per IO data: 40900
Trade setup:
For gap up: Wait for the V shape (retesting of 41370). If sustains long with a SL of 41300.
For flat open, watch around which level it consolidating (notice the support/resistance levels of above). If drifted higher side to long with a SL of just the below level. If drifted lower side, go short with a SL of the just above level.
For gap down: Check which level? 41050/41000 level or 40800 level. Wait for the sustaining of these levels. If it holds the level then you can go Long. If it fails to sustain the level, go short. SL can be placed at the "ATR SL" (check Indicator: ATR Stop Loss Finder in TradingView, by user veryfid).
NIFTY 50 Levels for date : 04/02/2022
This are the levels I’m sharing only for Educational Purpose only .
The green area box is Resistance.
The module area box in yellow is Flip Zone .
The red area box is Support.
Above Resistance there are two areas marked with horizontal line.
Below Support there are two areas marked with horizontal line.
Breakout or breakdown of above happens then you can trade but proper formation of candle stick pattern should take place and EMA 10 & 20 should be cupping and should be close to candle . STOP LOSS below the previous candle of entry .
Levels for BHARTI AIRTEL.BHARTI AIRTEL is standing on a very important level exactly on POC (green line) and also forming a double top bottom. If market opens in range and breaks the level 607.85 we will head towards the 613 levels and incase there is good bullish pressure then 616 levels and if market opens in a bearish side then we can move towards 603 levels and then observing the market again towards 594 levels.
DISCLAIMER:-
Trading is very risky please analyze the stock by your own and take the trade on your risk. Levels which are provided above are just for a simple idea about the stock and for educational purpose.