Nifty has formed a doji and trade whole day in a range of 100 points. The market is following a rising wedge channel and today has given closing above 20 ema. On the hourly chart, it has closed above both the moving averages. There seems no opportunity for option buyer. Market opened gap up and remained volatile. Fight between buyer and seller couldn't take...
D-LINK INDIA about to Breakout @283.00 as "W" Pattern and "Symmetrical Triangle" pattern showing. If it will sustain above @283.00 on Daily Candle basis then go for LONG trade on Short Term perspective. ::Data Point:: Potential Breakout Level @283.00 1st Target Point @336.00 (Approx 20%) Stop Loss Point @248.00 (Approx 12%) NOTE- Only for Education...
SBIN has given a fall of 7% in this week after forming a double top pattern. An evening star pattern has been formed on the weekly time frame and stock has closed below the 20 ema. After trading around the ATH stock has given a nice fall and in the last trading session too it has given 3% fall. Volume indicator also confirms the pattern as the volume of the...
Nifty50 given back to back 3 negative candle #support 19300 #resistance 19800 educational idea only
can see the long consolidation and now above 200dma near to makr\e higher high disclaimer- this is not any investment call or idea , this just my view and it can go wrong ,this is only for educational purposes trade at your own risk :)
Banknifty in the last week has traded below the previous swing low and is taking resistance from 50% fibonacci levels. It has closed 590 points lower on the weekly charts. The market gave a nice fall in 2 trading session and in the last trading session tried to sustain above 45k level but couldn't. The market on the daily charts, is giving doji after doji and...
After a halt candle, market has given a nice fall in this week and recovered some points after a gap up opening. Nifty has closed 130 points lower this week forming a dragon fly doji on the weekly chart. The market fell for 3 days and tested 19300 levels after making a high of 19800 this week. The market is creating a bull trend and this is a healthly...
According to the pattern, we can see golden crossover patterns here . It tends to move upwards .. let’s wait and watch for the tomorrow’s trend
CYIENT giving flag pattern breakout strong RSI trading above 20ema educational idea only
SAIL Breakout Today @88.70 on Daily and Weekly Chart. SAIL creating upside channel from May 2023, today if closes above @88.70 then it should be potential breakout. In Daily charts 50 EMA (Yellow) cross over 200 EMA (White) as well. SAIL Data Point: Breakout Level: @88.70 1st Target Level: @93.00 Stoploss Level: @86.00 If SAIL sustain above 1st Target then go...
target would be breadth size of the box disclaimer- this is not any investment call or idea , this just my view and it can go wrong ,this is only for educational purposes trade at your own risk :)
Banknifty in 2 days have lost more than 1000 points and today has given a doji candle after testing 44300 levels. On the hourly charts, a bearish moving averages cross over has been formed. Banknifty has given a nice fall and can take halt for a day before giving a fall. Market now after 1000 points fall may take a halt or retest before another fall. On 15...
Nifty on the daily charts has given a doji and closed below 20 ema. The market remained for selling from the initial hour. Due to the weekly expiry today there was buying in the closing hour and market closed below both the moving averages on the hourly charts. The market for 2 day has lost 350 points or 1.8%. Today nifty touched 19300 levels and reversed from...
NSE:GSS #GSSInfoTech Low risk entry around 180-190 Volume picking up near the support zone.
NSE:EVERESTIND Day closing above 970 can see upside. Support around 870-875. ATH BreakOut.
Nifty has been trading in a parallel channel and is respecting the channel on the daily charts as it has closed above the support line. On the hourly charts, after testing the 200 ema, nifty reversed and closed above 19500 levels and between both the moving averages. Market today was in a bearish trend from the moving and even after the gap down opening it...
Finally market has closed below 20 ema and closed below 45k levels. There is a doji candle on the daily charts after touching a low of 44750 levels. RSI is also showing bearish divergence on the higher time frame and after testing the new highs Banknifty is retesting the lows. On the hourly time frame, a tweezer bottom pattern has been formed after touching the...
NSE:DEEPAKNTR Confirmed 0.61 Retracement with good volumens. good time to enter the trade. stoploss should be on swing low.