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Bank Nifty Futures 22nd May levelsIncase You have been viewing the charts, you will find special markings in Red, blue and Green. These are very important areas and opening of the trade in the morning gives us a reasonable idea along with other factors as to how the day should proceed. If you have been following the levels from the previous charts by now you would have seen the importance of how correctly marked areas worked . we can visualize from the chart where a trade with defined risk can be taken. keep following for live market updates.
NSE:BANKNIFTY1!
by SABMR
Nifty Futures Levels 22nd May 2023Incase You have been viewing the charts, you will find special markings in Red, blue and Green. These are very important areas and opening of the trade in the morning gives us a reasonable idea along with other factors as to how the day should proceed. If you have been following the levels from the previous charts by now you would have seen the importance of how correctly marked areas worked . we can visualize from the chart where a trade with defined risk can be taken and where to be avoided. keep following for live market updates and do study the previous charts too for an analytic view. Will be adding various other factors in regular updates for both the indices.
NSE:NIFTY1!
by SABMR
DELTA CORP -- POSITIONAL -- MAY 2022DELTA CORP -- POSITIONAL -- MAY 2022 -- DAILY CHART 1. stock currently trading at upper channel where strong support seen at 248-250 level consistently, stock close at 250 level at same support , as triple bottom support now 2. Resistance seen around 325-330 level from where correction taken stock to current level as oversold on daily chart 3. WAVE TREND also seen oversold and double bottom formation seen which is trend reversal from current level 4. trend line support seen around 225-230 level so stop loss can place bellow trendline support. BUY DELTA CORP @ 250 Target 275-300-325 ( Positional 2 month ) Stop loss 215 ** THIS IDEA IS FOR EDUCATIONAL PURPOSE ** trade at own risk !! HAPPY TRADING . !!
NSE:DELTACORPLong
by champtrade111
1
TATA CHEMICAL -- POSITIONAL -- MAY 2022TATA CHEMICAL - POSITIONAL PICK -- MAY 2022 DAILY CHART Bullish Technical indicators 1. Resistance line breakout seen on Daily chart around 1015-1020 level 2. Trendline Breakout seen around 1000 level 3. stock currently trading at 1032 level BUY level Between 1015-1030 can be placed with stop loss 950 and target 1075-1150 + IN short term position 1-2 month time period 4. WAVE TREND seen bullish 5.DAILY RSI seen BULLISH at 61.3 which can be continue bullish momentum in next sessions. 6. MACD ABOVE center and signal line 7. Above 20,50,100,200 SMA 8 overall technical indicators are strongly bullish at present . ** THIS IDEA IS FOR EDUCATIONAL PURPOSE .. ** TRADE AT OWN RISK ! HAPPY TRADING !!
NSE:TATACHEMLong
by champtrade111
BankNifty 14 may Friday AnalysisBlack Trendlines Represent on 1 Day Time Frame, with support @ 31760 ( Support highlighted ) Green trendlines Represents 1 Hour TimeFrame. Where 32400 is support and 32800 is Resistance. Red Trendlines provides analysis for short term- 15 minutes and 30 Minutes. On shorter time Frame, Price has created RSI diversion and falling wedge, which shows market can go bullish tomorrow, also depends on Global sentiments. Care to follow us, You already know where to search Us. Thank you. PS- Showed my analyis, trade on your own.
NSE:BANKNIFTY
by arpittyagi581
NIFTY 25th MAY WEEK READKey levels identified by me for next few NIFTY trade setup. a. Long level at 8938.7 marked with green with target level at 9253 marked with red b. Short at red level with a target of 9128 marked with blue c. Long at 9128 marked with blue with target of 9299 marked with blue d. Short at 9299 level marked with blue with target of 8724 marked with yellow Please note : You are under NO compulsion to go with these trades level setups. No responsibility for any loss . No compensation of any kind will be given.
NSE:NIFTY
by NJAYARAM01
NLC India Ltd_Long Setup_Daily_15.5.2017NLC India Ltd 15.5.2017 Trade Company Profile: NLC India Ltd. is engaged in the mining and exploration of lignite and generation of thermal power in India. The company owns opencast mines and thermal power stations. It supplies power to diverse industries such as electricity boards, cement companies and paint companies, in addition to other small sectors and brick industries. NLC India also in the generation of thermal power through its thermal power stations comprising 3 thermal power stations. The company was founded on November 14, 1956 Overview: It's current Price/Book of 1.09 is about median in its peer group. The market expects NLC India Ltd to grow at about the same rate as the peers and to maintain the median returns it currently generates. NLC India Ltd has relatively high profit margins while operating with median asset turns. Changes in annual revenues (relative to peers) are better than the change in its earnings (relative to peers), implying the company is focused more on revenues. NLC India Ltd return on assets currently and over the past five years suggest that its relatively high operating returns are sustainable. The company's relatively high pre-tax margin suggests tight control on operating costs versus peers. While NLC India Ltd revenues growth has been below the peer median in the last few years, the market still gives the stock a P/E ratio that is around peer median and seems to see the company as a long-term strategic bet. The company's level of capital investment is relatively low and suggests it is milking the business. NLC India Ltd seems to be constrained by the current level of debt. Date of Trade (Time if applicable): 15th May 2017 Entry Date: Buy Stop Trade Entry Market: BSE Stock: NLC India Ltd - NLCINDIA Long/Short: Long Current Price: 107.20 Entry Price:114.50 Time Frame: Daily Type of Trade: Swing trade Reason For Trade: Fundamentally Strong Stock RSI is above 50 i.e at 56.5. According to RSI analysis, NLCndia just got above it's resistance level and showing good signal. MACD: MACAD is crossing over the zero line. 0.113 and Signal Line: 0.153. According to MACD analysis, a centerline bullish crossover just happend and it's a positive signal. Price is above 50 and 200 SMA Book Value is 106.91. Price is near its book value RSI has crossed 20 SMA Price is above 50 and 200 SMA Stop: 109.85 Target 1: 122 (Majority shares should be sold at this price) Target 2: 150 Pluses: Stock is trading at 0.97 times its book value Stock is providing a good dividend yield of 3.17%. Company has been maintaining a healthy dividend payout of 33.67% Monthly chart is neutral slightly tilted toward bullish sentiment. Minuses: The company has delivered a poor growth of 9.19% over past five years. Company has a low return on equity of 9.53% for last 3 years. Contingent liabilities of Rs.5091.25 Cr. Negative cash flow in recent years Weekly chart is indicating start of downtrend (MACAD).
BSE:NLCINDIALong
by imdbeststocktrader
MAY Watchlist - Stock No. 1 - BANKBARODAFor the first half of may, I am going to look for long opportunities in the stock and trade whenever the price looks right. Areas I'm looking at : - Current price too, 1st target of upper line. - Breakout above line with a feasible SL. - If it goes down, any price close to yellow trendline. As with every chart, I will update it with commentary. THE RATIONALE : It used to immediately reverse from these levels in the past but this time it has convincingly broke those levels. Either we will see immediate reversal or else I expect it to go up in May.
NSE:BANKBARODALong
by dravya
3