TATA STEEL | Swing Trade | Bullish Momentum A good triangle pattern breakout
Swing trade on patel engineering using weekly chart
Nifty has given a break out of the parallel channel and is ready to touch 20k levels soon. Bullish trades for positional trade in august series can be carried now. Index from the first hour was in the bullish move and carried the momentum through out the day and gave a nice move in the closing hour of the market. Nifty has given a 146 points gain in a day and a...
A good bullish trend has started in the markets and banknifty has gained 600+ points on the daily charts. The market has crossed and closed above the previous close high of 45420 levels. On the hourly charts, there was a 470 points move in the last hour. Banknifty looks bullish and final there is a break out of the trend line. There is a bullish moving averages...
ICICIBANK is making C&H pattern trading above 20ema #target can be 1000+ educatinal idea
Buy zomato at CMP and average on dip for target of 93-93.75 with a stoploss at 78.80
Tata steel is taking resistance from a trend line after forming a ATH in 2021 and the resistance line has been tested 4-5 time and finally it is near a break out. The stock took support from 20 ema on the weekly charts and has formed 'W' pattern. As the markets are trading and forming new highs. Stocks will also follow the same. Watch the metal sector move and...
Banknifty has almost retraced to 50% fibonacci levels and taken support from 20 DMA. There is a doji again on the weekly charts and is respecting a support zone around 44600 levels. On the daily charts, a dragon fly doji was formed. Banknifty has respected the moving average and took a nice reversal from 20 ema. Market from the first hour was there for selling...
Nifty on the weekly chart has given a nice bullish candle and almost touched 19600 levels. Market has consolidated and now closed above the resistance zone. A good bullish move is going on in nifty but banknifty is not support it to go higher. On the daily charts, the market has crossed and sustained above the resistance zone around 19525 levels. Flag and pole...
Ramco Cement is forming a flag and pole pattern on the weekly charts and there is a bullish moving averages cross over. Stock has been consolidating for a month and is trading in a 40 points range. The break out can give good 150+ points as per the measure target. Indian markets are trading near the ATH and stock will follow the indices. On the daily time...
NSE:PEL Entry :- 952 Stop loss :- 892 Target :- 1136.60 AND can go higher
Tanlaplatform may break out from f&p pattern with good volume,above 20ema educational idea
Market today has closed flat. In the morning even after a gap up market tried to cross and sustain above 45k levels but couldn't sustain and there was a sell off in the second half given nice sell opportunity. Option premium on the PE side gained almost 200%. Today was option buyers day and a trending market in the second half. Banknifty lost around 500 points...
Indian market are forming new ATH but are unable to sustain at the higher levels. On the daily time frame, the market has formed a red candle at the higher levels and is still respecting 19400 levels. Market opened gap up and gained an up side momentum in the initial hour. The market consolidated on the higher levels and there was a sell in the second half losing...
Banknifty ( Next week contract ) More probability is there for " 44500 " . For " long " entry:44950 target: 45180 / 45500 stoploss: 44900 . For " Short" entry: 44740 target: 44550 stoploss: 44950 . Enter only if market Breaks " S & R Zone " "Yellow box" mentioned. . wait for proper reversal and conformation. . don't be aggressive. . refer old ideas attached below.
Banknifty today has given a consolidation and a break down in the last hour of the trading session. The market has tested the 50% fibonacci level today and is closed to the daily 20 Ema. The market is in the bullish move and can continue the up move if it reverse from the golden ratio. On the hourly charts, market has taken resistance from the 20 ema and closed...
Nifty is unable to cross above the high and has given a nice selling candle in the last hour. The market today was in a sideways mood and consolidated in 40 points range during the middle hours and cracked down closing below the support level of 19400. On the hourly charts, market traded around the 20 ema and closed below it. Either side market is not giving...
Sunpharma giving breakout from F&P pattern coming out from long time resistance huge volume trading above 20ema for education only