PRAJINDUSTRY BREAKOUT AT ATHPrajindustry is breaking out and
trading at ATH with good volume
tradin above all key ema
educational idea only
Moving Averages
MFSL COMING OUT FROM RANGEMFSL coming out from a range box
with good volume
trading above 20 ema
educational idea only
SBILIFE TRENDLINE RESISTANCE BREAKOUTSBILIFE breaking trendline resistance
good volume and rsi
trading above 20 ema
educational idea only
Harmonic Bullish Pattern active in Edelweiss Edelweiss looks Attractive for high risk takers
Fundamentals : Decent, stable on Sales, Profits and EPS but DII and FII stake decreasing. High debt vs Reserve.
Technicals : Very Bullish, Harmonic Bat active, well placed above standards MAs , heavy volume seen on recent breakout!
R 1: 76
R 2: 95
R 3: 115+
SL : 45
Banknifty (Weekly Analysis)Banknifty. (Only for Experienced traders" )
Enter after " Breakout and Retracement ".
Leave a " Like If you agree ".✌.
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For " long "
entry: 44520 / 44575
target: 45030 - 45250 - 45760
stoploss: 44410
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For " Short"
entry: 44250
target: 44030
stoploss: 44320
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Enter only if market Breaks
"Yellow box" mentioned.
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Wait for proper reversal and conformation.
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Don't make complicated trade set-up.📈📉
Keep it " Simple, Focus on Consistency "💹.
Refer our old ideas for accuracy rate🧑💻.
Valuable comments are welcomed-✌️
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Disclaimer:
Our Trading style is not to capture "10-20" points per trade.📊
We take entry only for min "200-300" points without any distractions.💹
So, our ideas may not be preferable for small traders, who just focusing on too much of support and resistance.📈📉📈
So, please consider others ideas.
This is for educational purposes.🧑💻
IRB Infrastructure could rally soonIRB Infrastructure has been consolidating on weekly timeframe for a very long time and has created a good BASE for upcoming rally, it is also near its All Time High Prices absorbing the SUPPLY, as well as we can clearly see the 50 Daily EMA + 200 Daily EMA following the price and Volume Dryups for Red Days and on Green days significant VOLUME activity and we also have NEWS catalyst like Quarter Profits rise and Record high Block Deals for the company, so we could soon see a Rally one we pick up on VOLUMES above All Time High
SHRIRAMFIN C&H BREAKOUTShriramfin breaking c&h pattern
with good volume and rsi
trading above 20ema
educatinal idea only
Trident LtdTrident Ltd
On August 31st price made Golden crossover.......
price making higher low........
CANARA BANK INVERSE H&S BREAKOUTCanara bank breaking inverse h&s pattern
good volume and RSI
trading above 20ema
psu is on boom
educational idea only
Call and put strategy on Muhurat TradingMuhurat Trading is auspicious for trader, at this time people rushes to buy stocks and market creates a huge bullish candle, and next day most people sells that stocks and market goes bearish...
You should buy on Muhurat and sell next day
PAYTM looking strong for the next big moveTop reasons for this trade
# paytm is at 1D trendline
# hammer candle at 1D at 50 ema, shows rejection
# descending channel at 1HR timeframe
# entry only after the pattern breaks, SL below the pattern and target 1:2
Fine Organic 20 week SMA supportGood opportunity for next 6 months holding.
20SMA started to rise hinting of correction is nearing completion.
Target can be 7000 which is all time high.
SL 4400 can be considered
Nifty daily analysis for 08/11/23.Nifty has been forming gaps as there are gap up for last 2-3 trading sessions and is trading above both the daily moving averages.
On the hourly charts, the market seems to be consolidating in a range for last 2 days.
A break out can give a nice rally and nifty has more chances than the expiry index tomorrow.
Support :- 19330, 19270
Resistance ;- 19430, 19510
Wait for the market to give a break out or break down and watch for the price action near the level before entering the market.
Banknifty weekly expiry trading levels (08/11/23).Banknifty has formed a nice dragon fly doji or a hammer candle with a bullish engulfing candle on the daily charts.
It tested the 200 ema and has closed on a bullish note as it moved 500 points from the day low.
On the hourly chart, it has closed above both the moving averages.
If there is another gap up opening, there can be a one side rally as it is weekly expiry for the index.
Support :- 43630, 43300
Resistance :- 43850, 44180.
The market can remain bullish this week owing to the festival week. And banknifty has closed above the 61.8% fib level which is also convincing for a bullish move.
Wait for the price action near the level before entering the market.
Banknifty weekly analysis for 06/11/23.A nice "M" pattern formation on the weekly charts for banknifty is a nice bearish trend for the markets.
Banknifty may retest the neck line of the pattern and continue the bearish move after the retracement.
Currently, it is taking resistance from 50% fib level and there are chance of retracing 61.8% fib level.
On the daily chart, three doji candle are showing confusion even after a gap up opening and not continuing the move.
It has closed at an interesting level and is between both the daily moving averges.
Support :- 43040, 43820
Resistance :- 43590, 43850
In the last trading session the market has consolidated in a 100-150 points and if the markets open in the same range, then there can be a nice momentum either side.
Wait for the price action near the levels before entering the market.
