Trend - Negative If the price sustains below 541.40 then it could see the levels of 525 and then 510 The price gives a breakdown of 541.40 which is a 38.20% Fib retracement level. A strong bearish crossover near an important level of 28.60% (Fib retracement). The breakdown of the Bollinger band Hit the like button!! Show some energy!! Disclaimer: This...
End-of-Day Analysis Helps Traders to Understand the sentiment and Identify Potential Trading Opportunities for the Next Trading Day Nifty Support Nifty Support 1 - 19620 Nifty Support 2 - 19560 Nifty Support 3 - 19450 Nifty Support 4 - 19320 Nifty Resistance Nifty Resistance 1 - 19750 Nifty Resistance 2 - 19850 Nifty Resistance 3 - 19950 Nifty Trend...
GODREJIND | Excellent trendline setup - Looks great for 30% CMP : 485 SL : 450 Target : 630 1:4+ risk reward setup
Inside bar on weekly chart with 200 & 50 MA support
Bajajfinance giving rounding bottom breakout with huge volume strong rsi trading above all key ema educational idea only
Bajajfinserve is breaking c&h pattern with huge volume strong rsi Macd crossover educational idea only
Mthrsn : looking bearish. > Sumitomo Wining Systems sell their stake of rupee 1600 crs. > Dead crossover on higher timeframe. > RSI left all the strength. > Volumes supported. Expected targets in near term would be 50 to 45.
Bullish On-Neck Chart Pattern Breakout happened on the Daily Time frame of NSE:BSE Price Action is well supported by the volume. The stock is currently in uptrend making higher highs and higher lows. One can add this stock into their stocks to buy list. Initiate the long trade only according to the levels mentioned. Stop loss will be on Daily closing...
Banknifty is trading below the moving average and has formed a doji candle on the daily charts. After an initial gap up the market consolidated in a range and was range bound causing serious decay in the option premiums. Even the markets consolidated on the weekly expiries and there are now high chances of a trend move in the market. On the hourly charts,...
The market are in a volatile mood and after an initial move it is holding on the levels creating less opportunities for option buyers. This week's expiry remained volatile and on the daily charts, nifty is trading below the 20 ema. It has formed a doji candle after a gap up opening. On the hourly charts, market has remained in a range and consolidated in a 100...
Trend breakout and good support and retest candles post BO
📊 Technical Analysis Report: BSE:UNIONBANK 📅 Date: September 11, 2023 🕣 Time: 08:28 AM 📌 Introduction The following report provides a 📈 technical analysis for Union Bank of India as of September 11, 2023. The stock 🛑 closed at 88.10 on the last 🗓 trading day (Friday). 📊 Key Metrics: 🔒 Last Close Price: 88.10 50 -Day Moving Average: 📉 Under...
Nifty action in the last 3 days... Like a Scream but sort of Silence... It has seen some wild swings up and down but is not showing much strength... closing flat near 19774... Is it the silence before the storm??? Is it preparing for another big movement like the one we saw recently from 20223 to 19601 a 600 odd point fall? Right before the expiry the battle...
The Nifty Oil and Gas sector looks bullish on daily charts. Daily Chart This week we see the weakness in the momentum when we have a negative HA candle with a strong body on the 13th of September. Now the momentum tried to recover from the weakness with 2 green HA candles. But both of these candles have a weak body. Weekly Chart The price looks bullish on...
Finnifty on the monthly chart has formed a gravestone doji and formed a double top pattern on the weekly charts. Index has reversed from the ATH high is yet to created a new all time high. The market has formed a doji candle on the weekly charts after a 3.8% fall in the previous week. Market is consolidating in a similar range and has been trading in between...
Nifty on the daily charts, has been trading below the 20 ema and has been closing in a same range of a few trading sessions. A retracement and a consolidation is going on and market are yet to decide which side to move. On the hourly charts, market remained inside the first hour candle and has closed below both the moving averages. The market has closed near...
suzlonenergy given oositive closing good volume and RSI looking good for 30 target educational idea only
🔹 Technicals: ▸ Giving a pullback after a big up move ▸ Price is very close to late May levels ▸ 300% up move from March bottom to the recent top ▸ Price is just below the 20, 50 EMA ▸ There are 2 zones of interest for buying - below the the 20, 50 EMAs, and second near the demand zone at 520-566 ▸ Good chances of moving towards 1000 Disclaimer: I am NOT a...