Great Fall Catch in NiftyAnother Day, Same Pattern, Same Result, Same Catch.
Learn , Observe, Eagle Eye, Trade, Repeat
M-oscillator
BSE CMP 900 dated 29-4-2022 FALLING WEDGE BOBSE CMP 900 dated 29-4-2022
1. Falling Wedge BO @ 870
2. Volume Surge.
3. RSI On BO
Buy for a tgt of 1015 SL 850
It is just a view, pls trade at your own risk.
TATASTEEL LongLets wait and see if NSE:TATASTEEL can give an inverted Head and Shoulders Pattern breakout with rising RSI, price staying above 200 DMA and Bullish MACD crossover and line crosses above the zero line.
Buy when Day close Above with Volume: 1275
SL: 1150
Target: 1400
Disclaimer: For learning purpose only. I am not a SEBI registered analyst and not responsible for your profit or loss. Please consult your financial advisor before trading.
#VARROC VARROC looking bullish
volumes and chart pattern indicating good sign for further movement.
Consolidation breakout from zone.
Closing above 460 will be confirmation.
Need to hold his highs selling pressure is high in upward levels.
Can reach 510- 530 targets above that next Resistance at 570 .
Keep on radar.
-Gaurav
@Vivek-
@RAKESHBANSAL
@vijaythakkar009
@ExtremeVolume
@TheBreakOut @forextidings @Vivek- @investing @Tredingview
TV18 Broadcast Cmp 72.45 dated 26-4-2022 STRONG BUYTV18 Broadcast Cmp 72.45 dated 26-4-2022
1. Bullish Engulfing Candle made.
2. Volume Surge.
3. RSI Divergence.
Buy for a tgt of 78-82-88-92-107 SL 67
It is just a view, pls trade at your own risk.
Netflix can plunge upto ''15%''Hi Traders / Investors ,
Netflix can fall upto 560 levels from 665 levels upto maximum of 100 points because of following reasons based on technical analysis.
1) Breakout and retest of Ascending triangle pattern and Uptrend .
2) Failed to form Higher High and Higher Low.
3) Formation of Bearish RSI Divergence.
It can fall upto 615 level which can be target no.1 and 560 level can be target no. 2 , if target no.1 breaches then we can look for target no .2.
This is just an analysis so please don't take any decisions solely on this basis.
Please give thumbs up if liked this analysis , as it requires deep research.
Daawat pattern buy opportunity - short termCup and handle setup
Could buy with SL close below 85
PA to watch.
Vinati Organic Cmp 2203 dated 22-4-2022 STRONG BUYVinati Organic Cmp 2203 dated 22-4-2022
1. Rectangle Consolidation BO @ 2204
2. RSI already given BO.
3. VOlume surge
Buy for a tgt of 2680 SL 2050
It is just a view, pls trade at your own risk.
After a one sided move BIOCON is losing its momentum.INTRADAY SHORT OPPORTUNITY. - BIOCON
- After a parabolic move a doji and a red Candle at major resistance. With a Divergence in shorter time frame.
Good Shorting opportunity.
Please share your views in Comments.
THANKYOU.
Intraday Trade For 21-4-22Intraday Trade in Sail.
- Falling wedge pattern with major support.
- Divergence at lower timeframe indicates breakout.
- For safer side take the entry after Breakkout.
- Aggressive trader take trade at conversion point also as there is 2 confirmations(major support and Bullish divergence).
Thankyou.
Nestle India - RSI DivergenceNestle India is showing a RSI Divergence and good upward trend. Targets are as mentioned on the charts.
This is for educational purpose only.
Let me know your thoughts in the comments section.
Thermax Cmp 2230 dated 13-4-2022 H&S PatternThermax Cmp 2230 dated 13-4-2022
1. Inverted H&S Pattern on daily chart BO @
2165
2. Volume Surge.
3. RSI Triangle BO
Buy for a Tgt of 2650 SL 2100
Try to buy in dips.
It is just a view, pls trade at your own risk.
Nifty 50 formed {Head & sholder}Time frame :- 15m
Stock :- Nifty 50
Indicator :- RSI & Price action
View :- Bearish
Just for education.
Not for coll.
💎 API3USDT : 182% Profit Potential in Next 6 Months💣💣💣💣last 2-3 weeks we seen huge buying in API3 coin, in upcoming months its going pump very hard.
entry and targets are given on the chart. Please Like and comment if there are any queries.
TATASTEEL-> Symmetrical Triangle Pattern Breakout.
-> Price at retest of trendline.
-> RSI Indicating Bullish Hidden Divergence. (Trend Continuation)
Bandhan Bank at Very Strong SupportAnalysis:
1) Currently RSI has converged with the stock, forming higher lows while stock has formed lower lows. It is considered as strongly bullish.
2) Stock is at very strong support from which it has previously broke corresponding resistances.
Target and SL will updated on confirmation.
Disclaimer: These analysis are only for educational purposes only. You are responsible for your own actions.
Nifty short term studyAll charting looks obvious once the day is over...
1. upward channel
2. bounce from bottom
3. oscillator + ma positive indication
4. range break and retest
Godrej Properties Cmp 1623 dated 25.3.2022Godrej Properties Cmp 1623 dated 25.3.2022
1. Triangle Pattern on chart
2. BO @ 1640
Buy above 1640 for a tgt of 1700-1760-1795-1860-1900 SL 1535
It is just a view, pls trade at your own risk.
Max Financial Services Cmp 740 dated 29.3.2022Max Financial Services Cmp 740 dated 29.3.2022
1. Bullish Engulfing Pattern on Daily Chart.
2. Hammer on Weekly Chart.
3. RSI Divergence.
4. Volume BO
Buy for a tgt of 755-770-790-815-850 SL 700
NIFTY ANALYSISNIFTY on 30-03-2022
Supported by Global Cues and reduced Prices of Crude Oil NIFTY began the session with Gap Up and Profit booking observed as soon as the market opened.
NIFTY took support near its first support level i.e. 17360 and bounced back to continue its northward journey towards 17500.
BANK and AUTO emerged to be the greatest contributors with +1.36% and +1.21% while profit booking was observed in METAL (-2.17%).
NIFTY closed at 17498.25 after making a day high of 17522.50.
Technical View:
NIFTY has made a hanging-man like candle on Daily chart which is a reversal signal .
NIFTY is making Higher High Higher Lows formation.
NIFTY is moving above EMA 13, 21 and 34 which reflects the short-term trend is Upward.
RSI at 60 reflects the index is in bullish momentum.
There is positive cross-over in DMI which signals the NIFTY may continue its northward journey.
Support and Resistance: DAILY CHART
The gap between yesterday’s high and todays low will act as Strong Support for NIFTY i.e. 17387-17235.
On higher side 17525-17625 will act as resistance.
If this level is crossed and sustained NIFTY will march towards 17775.
View for Traders:
The signals coming from technical indicators are mixed as RSI, DMI and EMA signal the strength and intact uptrend while on the other hand the candle formed at the end of the day tells a different story.
Under such circumstances it becomes difficult to conclude and present the most appropriate strategy to be adopted by trader.
However, analysing the current situation under following heads may offer us some substantial conclusion:
1. Russia-Ukraine News
Though Russia has announced to withdraw its forces from Kyiv many Strategic Experts are of the view that this is a strategical step by Russia. Hence, the impact of the News is NEUTRAL.
2. Crude Oil Price
The price of Crude Oil has increased. Hence the Impact is NEGATIVE.
3. The buying by FIIs
The Net buying is ₹1357.47 Cr. Hence, the impact is POSITIVE.
4. Technical Parameters
Indicators are showing the Probability of further gains while formation of Hanging Man candle signals reversal. Hence the impact is “ NEUTRAL”.
5. Global Markets
DJI and S&P 500 both are down -0.41% and 0.75% at the time of writing this blog. Hence, the impact is NEGATIVE.
Hence, there are 2 Neutral, 2 Negative and 1 Positive factors.
Summing these all up it is recommended to buy NIFTY at its crucial support level i.e. 17250-225 for a target of 17360 and 17444 with SL of 17150.
Breaking Trend line and with strong RSI level, Long(Swing Trade)Yellow lines are for weekly chart and blue for daily chart
Freshly broken the trend line and is about to enter the support resistance zone (according to me) if it sustain the position above 65 there is a good chances for long position with Stop Loss of 61.5-61 which ever suits you best and out target would be 72-72.50 well its up to you where you wanna book profit as there will be some resistance around 68-69. and we can clearly see double bottom W pattern which is a good sign, second target to keep in mind will be 76+ if it gives us the break out. lets see what happens in next few days. i will learn somethings from you and you might learn something from me.
Note: I Dont have mastery in technical analysis , do your own Analysis as well i am just sharing my view. I'm open to new ideas and flaws in my analysis, so please do comment and share your Views.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial adviser before taking any trade.
Thank You
VEDLShooting Star at Monthly High.
RSI Indicating Bearish Divergence.
Entry - Below low of candle.
Sl - Above High of Candle
Target - 1:1
