BANKNIFTY is following a trend line a good entry would be generated if market opens flat and closes a 5 min candle above the trend line
Just 2 days back, DMART has been launched a rocket. Unfortunately, I am late for this. Is there anyone who got an entry? Very nice pattern and risk-reward ratio. Now, let's track this one.
market consolidation point. bank nifty .. also do your analysis
With Trendline and Other Support Indicates Bullish So Buy Above 36760 For target of 37175 This Weekly Expiry on 9th Sept
KOTAKBANK - currently trading below 50, 100,200 EMA's. If sustains on current level- we can see bounce back to 1760 levels. Next support 1667 and further 1624 Please add to watch list and spend time on own analysis before trading.
AAVAS -- Looking weak , breaking trend line with huge volumes, Trading below monthly CPR levels & also below 50/100 EMAs. Possible bounce back 2240, if breaks - may test next support level 2060 If weakness continues next target 1760. Please spend time and do own research before investing.
Torntpharma: From past 6 months trading in a parallel channel - trading baove 50/100/200 ema's Bounce back after testing 2854 low & currently taking support from lower channel, 50 & 100 EMA's. However 2952 and 3020 will be strong resistance levels based on previous history. Watch these levels - Incase if any correction in NIFTY and Torntpharm breaks...
BRITANNIA - looking strong above with good volume - wait for current breakout sustaining at current levels. Current trend will take to 4000 levels Wait for pullback and and breakout and can go for long term. Incase if breaks 3800 and sustains below - BoF - can go for short term. Add to watchlist and trade as per your study.
These are potential trades given by you guys only in the comment section :) also, some are my findings Update on Bajaj finance and Reliance is given inside the video NO intraday analysis for today only swing based Nifty energy seems bullish so we took 2 stocks into consideration for that :)
Bank Nifty Important Levels for 12th August Expiry POC around 35926 in Bank Nifty Future 1 hour Chart Point of Control (POC) – The price level for the time period with the highest traded volume .
If tomorrow market opens flat then go long if the market takes support 16230 if this level break then go short for 20-50 Points Or If Market Open gap up and breaks yesterday high and sustain go long otherwise go short if 15 red candle low breaks Or If Market Open gap down above 16180 then go long if faces resistance then don't trade only go long if buy signal...
Significant accumulation has taken place over the period Looks perfectly fine and will be soon moving up SL 385 Target 495
Marico just broke the Upper resistance of its 2Months sideways trend! now going for Rs.557. This is a company with great fundamentals and the chart is showing Bullish signals too.
TataSteel BSL is ready for a breakout after a rally in metal sector started! Breakout in Metal Sector. Breakout with fresh volume Flag Breakout. Targets are based on charts. Disclaimer: Chart, data and levels for study purpose only. I am not a financial advisor. Use your intelligence before investing.
chart for 26th july hope it helps i am a beginner learning analysis soon will provide good quality with nice content
D-MART is showing breakout signals, recommended to buy and accumulate between 3375 - 3400,for target of 3620
buy at current price & hold it for 1453 & 1504 with stoploss 1349