Nifty has again faced resistance from the 20 ema and closed 85 points lower. The market has formed a kind of evening star and if the fall continues good momentum can be seen. On the hourly charts, the market has formed a bearish flag and pole pattern and closed below both the moving averages. The market has broken the 20 ema and retested it. The market has final...
Banknifty has given a negative candle but still the market is holding the support levels of 41250. The market has been facing resistance from the 20 ema and if it crosses today's low, it can test the round number of 41000. On the hourly charts, the market has formed a bearish flag and pole. The market in the initial hour gave a fall and consolidated whole day in...
Nifty has consolidated whole week and formed a doji on the weekly charts. It has been taking resistance from 20 ema and 61.8% fibonacci levels. The market can either side move once it breaks out or break down of the consolidation zone. On the hourly charts, the market has been trading between both the moving averages and closed in between them. Markets have not...
Banknifty has consolidated whole week and formed a doji on the weekly charts. The market has remained in 600 points range. There are chances of a trending market in the coming week. Market has respected the support of 20 ema on the weekly time frame. The market has taking resistance from the 20 ema and 61.8% fib levels on the daily charts. A flag and pole pattern...
ZENSARTECH is attempting a reversal from its 52W Low of 201. It formed a morning star formation and subsequently crossed 200 DMA with high volume. CMP is already more than 52W Low by more than 25%. Currently it has passed 22 days since crossing 200 DMA and chart looks strong for bullish momentum.
it is turning bearish and we may likely see a period of no return in the counter for the upcoming year or so! a kind of top-out formation which suggest long to be avoided as an investment. it can test 15200-14900 in coming months/years
RAMCOCEM | Trendline breakout - Looks potential for 25% CMP : 730 SL : 675 Target : 910, 1100 1:3 risk reward
BTC analysis on its 4-hour time frame with support and resistance levels. As you can see, it takes support from the Fibonacci ratio of 0.382. Now it's time to observe a pullback towards its support line, and you can clearly see the 0.5 Fib level also near its support level of 22,200. It is also important to keep an eye on the divergence indicator and the...
Banknifty for last 3 trading session has been holding the upper levels and forming doji on the daily time frame. There is a double resistance i.e. 20 ema and the resistance zone. Tomorrow expiry can be trending and if the market crosses and closes above 42k levels new high can be seen soon. On the hourly time frame, market has given a good consolidation and...
Nifty has given a nice bullish candle on the daily closing and gain 150 points. The market has closed near a resistance zone and if the market crosses and sustain above the levels, bullish trades can be initiated. On the hourly time frame, market has closed between both the moving averages. After the initial up move the market has consolidated and nice trending...
VBL breaking out double bottom target can be 1430+ can retest at1310 educational idea can study
Zensar Technology Multi time frame analysis, 100 EMA support in monthly chart. & Strong breakout at the 100 EMA in one day chart View: bullish
Banknifty has closed above the 20 ema on weekly charts and formed a nice bullish candle giving 2.85% movement. The market has given a nice move. But is still trading between both the moving averages on daily charts. The daily candle is showing some positivity in the index. The market touched the 42k level and reversed, if the market closed above the level this...
Nifty on the weekly time frame has taken resistance from 61.8% fibonacci levels and closed near the 20 ema. The market has showed some recovery from the lower levels and has given a nice candle. On the daily time frame, the market has taken support from the 200 ema and closed near the 20 ema. There is dragon fly doji and if the market closed above the 17920...
Banknifty on the daily time frame has been testing the 200 ema and taking support from the levels. The market has formed an inside candle and closed near the resistance zone. On the hourly time frame, the market has closed between both the moving averages and consolidated whole day breaking the day high in the last hour. The market has taken nice support from...
Nifty is taking support from the 200 ema. It is testing the 200 ema and there is a buying happening near the level. The market has formed an inside candle and consolidated in a range whole day. On the hourly charts, nifty rremained in first hour candle and closed near the 20 ema. There was a bullish candle in the last hour of the session and being expiry market...
The budget day volatility has created a long wick doji and a big range of 600 points in nifty. The market has closed between both the moving averages. In the first half the market consolidated and has given both side move after the break out of the zone. On the hourly charts, the market has closed below both the moving averages. Nifty has closed almost flat and...
Market has given a huge doji candle swing between both the moving averages and closing 150 points lower. Being a volatile market, banknifty made a high of 42000 and after touching the level it break down to the lower level of 39500. In the first half of the session market remained silent and consolidated and there was a break out in the second half. On the...