PNB, Intraday View for 5-JuneToday's huge red candle has changed the structure dynamically.
The next important level to watch is the demand zone of 95 to 100.
But for sure we could see high volatility until the price has not settled down.
Disclaimer : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
Moving Averages
PNB, Intraday View for 4-JuneToday we have a gap up opening of more than 4% and the price has closed on the resistance level.
Wait for the price to settle down.
CMP:137
R1:137 | R2:142.90
S1:123.50 | S2:119
Disclaimer : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
PNB, Intraday View for 3-JuneA bullish hammer candle has been formed and given the breakout of the compression zone.
Also the degree and nature of separation in both bands indicate the start of an uptrend but we need a confirmation candle.
CMP-129.45
R1-131.55
S1-123.50
Disclaimer : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
HARTFORD FINANCIAL SERVICES GROUP INC | Cup & Handle PatternNYSE:HIG (The Hartford Financial Services Group Inc)
An insurance and financial services company.
It operates through the following segments: Commercial Lines, Personal Lines, Property & Casualty Other Operations, Group Benefits, Hartford Funds, and Corporate.
Entry Price :- 103.60
Entry Trigger Price :- 103.40
CMP
Stop Loss Trigger Price :- 102.38
Stop Loss Price :- 102.18
Nifty 2 Hour Swing Chart, Technical OutlookThe price has given the break of structure on the down side.
The broken structure indicates a start of a downtrend.
But the downtrend will be confirmed on the breakdown of 22,417.
Disclaimer : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
ARCUS BIOSCIENCES INC | H&S / Simple Horizontal LineNYSE:RCUS (Arcus Biosciences Inc)
Engages in the development and commercialization of immunotherapies.
It competes in the segments of the pharmaceutical, biotechnology and other related markets that develop immunotherapies for the treatment of cancer.
Stop Loss Price :- 15.36
Stop Loss Trigger Price :- 15.33
CMP
Entry Trigger Price :- 14.65
Entry Price :- 14.62
Nifty IT Index, Technical OutlookNow we have a strong breakdown of the compression zone.
The structure indicates the start of a downtrend.
The price could test the levels of 30,054 (Strong Support) which is 5-to-6% from the current level. On the up side the level of 35,188 will act as a strong resistance.
Disclaimer : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
BankNifty, Technical OutlookToday we have a bullish Hammer Candle.
Breakout of the STMA band and separation in the LTMA Band indicates an up-move.
The price could test the levels of 49,488.
For support 48,315 is important.
Disclaimer : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
PNB, Intraday View for 31-MayAnother Inverted Hammer Candle shows the weakness in the price.
The price is being strongly rejected by the levels of 130.
The probability of a strong bearish candle is more than 70%.
Disclaimer : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
TATASTEEL, Technical OutlookThe price is in a strong down trend. Today's candle has changed the character of price.
The next important level to consider is 162.30 and if broken then the price could test the levels of 158. Also the degree and nature of separation in both bands indicates the price is entering in the compression zone.
Disclaimer : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
PNB, Intraday View for 30-MayToday we have an inverted Hammer candle.
The price is trading in the compression zone.
The probability on the down side is more than 50%.
CMP-128.05
The price could test the levels of 123.50
And if reversed then the level of 131.55 is important.
Disclaimer: This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
NOCIL, Technical OutlookCMP : 263.35
Today we have a bullish piercing candle, which has given the breakout of both bands.
It indicates the start of an uptrend.
Probability on the up side is more than 50%
Resistance : 268
Support-1 : 254
Support-2 : 249
Disclaimer : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
PNB, Intraday View for 29-MayTrend - Positive
Strength - Medium
Probability > 50%
Today we have a red candle with High High and High Low.
The price could test the level of 137.
CMP : 128.20
Resistance : 137
Support-1 : 123.50
Support-2 : 119
Disclaimer: This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
SWING OPPORTUNITY IN DIVIS LOBOROTIES My analysis on this script is bullish.Ofter Proper Breakout and Retest on wedge pattern created strong Demand zone and started rally.
Entry criteria 1: ofter retest at 4083 Level(with Volume)
Entry criteria 2: ofter Breakout and Retest at 40700 level (with Volume)
Target:5378 🚀
#Divislaborotiries #Healthcaresector
Nifty on Radar - 27 MayA strong red candle with High High and Low Low structure.
The price could retest the level of 22800 which is an important retracement level.
Also the bands are in an expansion zone.
The probability on both sides is 50%.
Intraday trade range
S1-22,800 | R1-23,100
Disclaimer: This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
PNB, Intraday View for 28-MayTrend - Positive
Today's bullish candle has broken the structure which indicates the start of an uptrend.
The price could test the level of 137.
Probability of the next green candle is more than 50%
CMP : 129.55
Resistance : 137
Support-1 : 123.50
Support-2 : 119
Disclaimer: This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.