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Moving Averages

Network18 Media - Bullish Signals on the Horizon!Attention to all savvy investors! If Network18 Media & Investments Limited has been on your radar, here's why now might be the right time to consider making a move: Strong Support on 200 EMA: Network18 continues to hold strong on its 200-Day Exponential Moving Average (EMA), a key indicator of long-term stability and a potential platform for growth. RSI Above 50: Adding to the bullish sentiment, the Relative Strength Index (RSI) for Network18 is currently above 50. This is a crucial indicator that signifies more buyers are entering the market, pushing the momentum towards a positive uptrend. Why These Indicators Matter: Holding above the 200 EMA suggests underlying strength, while an RSI over 50 typically indicates increasing bullish momentum. Together, these metrics suggest that the stock might be setting up for a potential rise, making it a strong candidate for those looking to capture gains in the media and investment sector. Investor Action: For those who value technical analysis in their investment strategy, Network18 offers a compelling chart with these signals aligning. It's a promising time to consider this stock as part of a diversified investment portfolio. Final Thoughts: Always pair technical analysis with due diligence and consider broader market conditions. If you’re bullish on the media sector and seek a stock showing strong technical support, Network18 might just be your next smart move. #InvestmentOpportunity #Network18 #StockMarket #FinancialWisdom #BullishSignals
NSE:NETWORK18Long
by kausar13n
Nifty monthly expiry levels for intraday trade 25/04/24.The index for last 2 trading session is consolidating in a range between 22350-22480 and is sustaining above the moving averages. A halt candle has been formed after a gap down opening which signifies that the market may give a trending move in coming days. The drop in the VIX has killed the option premiums and there was option buyers are waiting for a buying opportunity in the market. Tomorrow is the monthly expiry for the index and as the market is behaving a move can be seen, if there is a slight gap up/down or a flat opening. If there is a flat opening and consolidation in the first half, the break out or break down in the second half can give a trending move. Major Support levels:-22330, 22240 Resistance levels :- 22480, 22610 Market has remained volatile this whole month. For last 3 months dojis can be seen on the charts showing confusion among the market participants. Wait for the market to clear the trend for positional trades. Price action around the levels should be there for entering a trade.
NSE:NIFTY
by TheMamboMomentum
FinNifty intraday trading levels for weekly expiry 23/03/24.Finnifty has given a gap up opening and closed around the opening price forming a dragon fly doji. If there is a gap up opening, chance of filling up the gap is highdn even testing higher levels are high. Major resistance levels :- 21500, 21630 Tomorrow is the weekly expiry for the index and it has consolidated today. A trending move can be there in the index. Gap down opening in the market may take some opportunities in intraday and there can be a consolidation as today. Watch for the levels and candlestick pattern around the levels. 21350 levels has been tested many times and if there is a break out after a flat to slight gap down opening, a trending bullish move can be captured. Support levels :- 21200, 21020 Wait for the price action near the levels before entering the market.
NSE:CNXFINANCE
by TheMamboMomentum
Nifty intraday levels for 23/04/24.Nifty has been trading in the bearish zone and might be this is the retest as it has closed around 61.8% fib level. Market has taken support from the previous low of around 21800 and recovered closing around 22300 levels. There was a consolidation after a gap up opening and it closed around the opening price. If the market gives a gap down opening, there will be chance of bearish move as the market recovered quickly from the low. Major support levels :- 22160-230, 22000 (round number) The market on the hourly charts has closed above both the moving averages which shows some positiveness in the market. Resistance levels :- 22500, 22620 Wait for the price action near the levels before entering the market. Gaps can alter the trading plan. Watch the price action around the levels and trade accordingly.
NSE:NIFTY
by TheMamboMomentum
Shree Cement looking slight bearish on weekly charts.Shree cement has been in a bearish move and a retest to 38.2% fib levels is also there on the weekly charts. The stock is trading around 25500 levels and the price action formation is looking bearish. Bearish engulfing candle and rejection from 20 ema adds on to the confluence. Though the markets are trading at ATH and chances are there of a profit booking. If the stock start trading below the support zone around 24400 levels, a shorting opportunity may be captured in the stock. The stock is trading near a high volume area. It is showing some selling happening around 26000 level. Entry can be made once the price start trading below 25400 with proper SL. Another entry for new trades can be made below the support zone. Targets are marked and can be achieved in 1-2 weeks after the entry triggers. Wait for the price action near the levels before entering the trade.
NSE:SHREECEM
by TheMamboMomentum
Axis bank looking bearish on higher time frame. Axis bank has been trading around the higher level and is forming a base near 1030 zone. Both side movement can be there in the stock and confirmation is need for the entry to trigger. But the stock on the weekly chart is showing some bearish RSI divergence and the dropping strength can be the initial signal of a bearish move. On the daily charts, it is around the 200 ema. Either it will breach the levels or take support from the same. Watch for the levels and price action. If the stock starts trading below the 1028 level and even close below it, next month expiry derivatives can be traded for the bearish momentum in the stock. Major bearish target levels :- 980, 950. Entry :- Close below 1028 levels. Positional/ swing trade can be initiated in the stock for the next month expiry and trailing SL must be kept to limit the lose and capture the move. Wait for the price action near the level before entering the trade.
NSE:AXISBANK
by TheMamboMomentum
Indus Tower Ltd Stock AnalysisThe chart is self-explanatory and shared for educational purposes. 1. Indus Tower Stock: The stock of Indus Towers Limited is being discussed. 2. Technical Indicators: o Moving Average: The stock is trading above its moving average. o Trendline Support: It has support from a trendline. o Breakout: There has been a breakout, indicating potential upward movement. 3. Cautionary Note: While the technical analysis suggests a positive outlook, it’s essential to conduct thorough research, consider broader market conditions, and be aware of potential risks before making any investment decisions.
NSE:INDUSTOWERLong
by NK-PK
FinNifty weekly expiry analysis for 16/04/24.Finnifty weekly expiry levels Major support levels :- 21130, 21000 Resistance :- 21330, 21500 The market is looking bearish and chance of a gap down opening is there as the closing is around the day's low. On the hourly charts, the market is trading between both the moving averages. A support around 200 ema can be seen. In case of a flat to slight gap down opening, a consolidation in a range and break down in the second half can give a nice trending move this expiry. Wait for the price action near the levels before entering the market.
NSE:CNXFINANCE
by TheMamboMomentum
Banknifty weekly expiry analysis for 16/04/24.The market has reacted to the war situation and has given a fall of around 800 points. Banknifty has taken support from the 20 ema on the daily charts and the support zone around 47740 level. Even on the hourly charts, the market is trading between both the moving averages and chances of taking support around 200 ema is there. Tomorrow is weekly expiry and there is chance of a trending expiry move in the market as last few expiry were side ways. Major support level :- 47750, 47400. The market is looking bearish and the closing is below 38.2% fib levels. 50% fib level can be tested and a support around the level can be seen. If there is a gap down opening, a recovery can be seen as many will be booking profits. Flat opening and a break down in the second half can keep the market trending. Wait for the price action near the levels before entering the market.
NSE:BANKNIFTY
by TheMamboMomentum
Nifty prediction for tomorrow 12 APR 24As we discussed NIFTY yesterday, it ended sideways. If we look at the chart now: the market is trading ATH in the zone where it got heavy selling from this region. NIFTY is going to be sideways unless it breaks the GREEN trendline to the downside. The inside marked region (22617-22766) is sideways. If we look at the OI data: PCR = 1.21, which indicates the bullish market. 23200 CE have been written heavily. Other strike prices do not have significant writing. Everyone is in the waiting phase. As you can see in FII and DII data, actively also, options are indecisive. If we see FII & DII data , FII is strongly bullish on the future. Pros and Clients are Bearish on the future. Options data is indecisive, which shows that the market is likely to open sideways. There can be three possible cases: Case 1: Low probability Bullish case -> market breaks to the upside Case 2: The market is going to be sideways in (22617-22766). Case 3: If it breaks the trendline, then it can give a good bearish momentum. Reasons: Price >> EMA(200), that need to be corrected. EMA(13) slop is getting flat. Which indicates bulls are getting weak. RSI = 55 and having bearish divergence. Also, RSI is entering the 40-60 range, which might lead it to go sideways. Nifty is trading in the resistance zone. PCR = 1.21 shows bullishness. but FII and DII activity is totally indecisive. Verdict : Sideways or Bearish Plan of action : Sell 22750 CE and Sell 22650 PE(Hedge it with 15/- premium)
NSE:NIFTY
by finnova_
4
GNFC Best Swing Idea! 🔥Greetings traders!📈 Today, I'm thrilled to present an intriguing setup on GNFC, showcasing a positional breakout scenario complemented by volume analysis. Here's a closer look at the setup: 📈 Setup: HORIZONTAL BREAKOUT SETUP 🔍 Analysis: Extensive analysis across various timeframes confirms the breakout potential. 📊 Indicator Support: Momentum indicators are providing robust backing to the bullish momentum. 📈 Keywords: Strong volume participation, comprehensive multi-timeframe analysis, bolstered by momentum indicators. Stay tuned as GNFC gears up for potential bullish momentum! Remember to conduct your own analysis and deploy effective risk management techniques. #GNFC #VolumeAnalysis #TechnicalAnalysis #TradingView #StockMarket 🚀
NSE:GNFCLong
by Uday_Mandal
🚀ZIL is showing a bullish idea with a W pattern💎 Paradiser, #ZIL is currently displaying a bullish market structure, characterized by the formation of a W pattern and the presence of Change of Character (CHoCH) and Break Of Structure (BOS). 💎Furthermore, #ZILUSDT has successfully broken above the 200 EMA, indicating potential bullish momentum. However, it's crucial to await confirmation before making any trading decisions. 💎If the price manages to break above the resistant level, it may signal further upward movement, targeting the next resistance levels. 💎In the event of a pullback, we could anticipate a bounce from our key level. However, it's advisable to set smaller targets in such scenarios. 💎Nevertheless, If the price break down below all key levels, it may be considered bearish. However, it's recommended to wait for clearer market signals before taking any action.
by MyCryptoParadise_Nathan
Swing Trading Gem:(ZEEL Set to Soar 10-15 % in a Month or Two*ZEEL is ready to offer returns ranging from 10-15% within a timeframe of one to two months*. Please note that terms and conditions apply. Reasons to Consider Taking a Trade: - A crucial Supply/Support zone has been pinpointed within the range of 140-145 - The trendline break. - Price has surged above the 50 Moving Average, which is now acting as a support level. Targets: I think Target 1: Will be achieved in a week or two and then 174 Target 2 will be achieved in a month and if ZEEL Blast then 191 Target 3 in 2 months. Imp. Note: This analysis is provided for informational purposes only and does not constitute a direct recommendation to buy or sell stocks. Investors should conduct their own research and consult with financial advisors before making any investment decisions, as market conditions and individual circumstances may vary. Market Risk: However, it's important to acknowledge the inherent risks associated with investing in the stock market, including but not limited to volatility, economic downturns, regulatory changes, and unforeseen events that can impact stock prices. It's crucial for investors to remain vigilant and diversify their portfolios to mitigate potential losses.
NSE:ZEELLong
by NaveenTTR
Banknifty around ATH, trading levels for intraday 05/04/24.Banknifty has given a hammer candle around the higher levels after a gap up opening above 48k levels. The index came for profit booking after a good gap up and closed round 48k levels. Now the market is around the last resistance zone of 48300 and then there is the ATH. After a 3 day consolidation there was a gap up and it took the opportunity of making money in the up move. In case of another gap up, bullish trades on the retest can be made around 48300 levels . If there is a flat to slight gap down, bullish trades above 48250 can be created. Major Resistance levels :- 48250, 48530-590 The market has created highs after gap up openings. In the scenario too, it seems market will show some gap up if it wants to create new ATH. Support levels :- 47700, 47430 Wait for the price action near the levels before entering the market.
NSE:BANKNIFTY
by TheMamboMomentum