Nifty is taking support around its 20 EMA on the daily charts. Banknifty is trading below the moving average but nifty is still holding the level and seems to be stronger. On the hourly chart, nifty has closed between both the moving averages and for last two trading session has been trading in a single candle range. Consolidation is there in the market and a...
Banknifty on the daily time frame has formed an inside candle and is still trading below 20 EMA. Market is consolidating and has traded all time in a range of 200 points. Consolidation and a good break out/down is possible. Either side momentum can be seen. In the bear trade if market start trading below 43400 levels good momentum can seen. On the hourly...
CIPLA | One more opportunity in this stock - Potential for 15% CMP : 1020 SL : 960 Target : 1170
Nifty50 trading range can be for this week 18435-18900 but only after breaking 18650 educational idea
i) Bearish candle on weekly charts. ii) High Probable MACD crossover to happen on daily chart. iii) RSI Bearish Divergence iv) Levels to watch for more downtrend 2923.
Banknifty on the weekly charts has been forming doji after doji and has lost 300 points on week to week close. It has been consolidating on the higher levels but nifty is not supporting the up move. As nifty is still to form a new ATH whereas, banknifty has formed a new ATH. On the daily charts, market has formed a perfect doji candle after a gap down opening....
Nifty has almost touched the high and given a marabozu candle on the weekly charts. The market on the higher time frame is forming a double top pattern. Market, on the daily time frame, is taking support from the 20 EMA and has closed below the recent support level of 18680. If the fall continues, there are chances of market testing 18500 levels. In the last...
DMART | Breakout and retest + Excellent area of value, Looks potential for 20% CMP : 3744 SL : 3520 Target : 4570 1:3+ risk reward setup
i) About to break daily trendline. ii) Look for 950 to break. iii) Bank index is in down trend. iv) Weekly berish candle. v) RSI Bearish divergence vi) May cross 21EMA on daily, to show more downtrend.
LEMONTREE HOTELS is showing symmetric triangle breakout and there is another reason to select that now a days India is hosting "G-20" meetings and hotel's sector is most important for these. CMP : 82 TG : 96 SL : Below 21 EMA R/R : 3 times (Risk to Reward) Stock's selection based on 5 Point Analysis : 1: Breakout. 2: Supported Volume, Delivery & VWAP. 3:...
Expecting TechM will break the resistance and will make new High. I am buying TechM at current level and hoping a target of 1270-1280 with a small stoploss at 1088.
Banknifty has been trading in a single candle for 4 days. It has closed near the Daily 20EMA. Market has been respecting a trend line and it taking serious rejection from the line. Its break out can give recent high 44500 as target. A kind of cup and handle is also being formed, on the hourly charts, and bullish moving averages cross over is also there. On 15...
Again the market has given a both side move. After a gap up opening market has given a fall in the first half and regain in the second half. On the daily time frame, the market has formed dragon fly doji. Previous data also shows the market has been giving gap ups while doing upward. There are chance of market following the previous data. On the hourly charts,...
Looks like the formation of rising wedge chart which means TCS share soon be going down! Will make short position on breakdown.
Hcltech is breaking long time resistance RSI hott🔥,MACD crossover seen trading above 20ema immediate target can be 1210 for education purpose
Nifty has given a nice move and closed above 18800 level. A good dragon fly doji has been given on the daily time frame. Market has been holding on the higher levels and trading above both the moving averages. Today, market tested the previous day low and bounced from the levels. On the hourly charts, the market has closed above both the moving...
Tatamotors giving breakout from F&P with good volume,trading above 20ema educational idea only
Banknifty on the daily time frame has given a nice green candle. In the first half market has tested 43400 levels and recovered in the second half giving close above 43750 levels. Market has given a fall, breaking both the moving averages and in the second half has closed above both the moving averages. Banknifty consolidated near the 43400 levels. The was a...