The market after a consolidation zone has given a break down and has closed below 20 ema on the weekly time frame. The market consolidated for 4 weeks and has now shown some negativity. Nifty has taken support from 200 ema on the dialy time frame and closed near 17600 levels. Market can take a halt for 1-2 days and continue the fall possibly testing the 17k...
Banknifty gave a nice sell trades for intraday and swing traders. The market took resistance from 50% fibonnaci levels and fell 5% this week losing 2160 points. The market has closed below the 20 ema on the weekly charts and tested 40200 levels. There was a bearish moving averages cross over on hourly charts and the market remained for selling on the second...
NTPS Continuously Respecting 30WMA. Now its at Support of 30 WMA. let's wait for Bullish confirmation.
banknifty broken daily time frame trendline. and the price started journey towards sma200. 40,000 psychological support.
Adani Enterprises Give Breakdown and weekly closing below good Support zone & Trend line support
Adani Ports Breaks Below Its weekly support zone. Also it traded below 30WMA
The January session in over and we into February session. On the monthly expiry market gave nice momentum. The index closed nearly 225 points lower giving nice trending market and forming a bearish flag and pole pattern on hourly chart. During the first half, the market gave nice opporunity. Closing below 18k levels and consolidated thereafter. There is a...
There was a trending market in the last session giving nice profits in the sell side and banknifty lost more than 1000 points in a single day closing around 41650 levels. The market has closed below its 20 ema filling all the gap created in the recent time. A bearish moving average cross over is there on hourly charts and the RSI indicator is showing oversold...
Be cautious in accumulating, chart is weak on daily, surprising how some analyst gave a buy rating at 6000 !!
Banknifty has formed an engulfing candle on closed 90 points lower taking support around 42650 levels. On the hourly time frame, the market took support from 20 ema and closed near previous day low. The market has closed above both the moving averages. The market is in consolidation cycle and option buying opporunities are less. Let the market decide the trend...
Nifty has taken a halt and closed flat giving a bearish candle. The market touched 18200 levels and took support from 18080 levels. On the hourly charts, the market seemed in confusion and closed near both the moving averages. The market is in consolidation. Gap ups are taking away trading opporunities and the sellers are making money in this zone. On 15...
Tata motors breaking out 200ema making C&H Pattern n breakout good volume can keep in ur radar for study purpose
Banknifty has given a close below it opening level forming a doji on day chart. The market couldn't cross above the 43k levels but is forming a higher high higher low formation showing some positive trend. There is a bullish moving averages cross over, on the hourly charts. The market closed gaining 300 points and crossing the 42700 levels. It is taking support...
Nifty is still in the confusion as it has formed a doji candle today. The market took support around 20 ema and after touching the level market got up. On hourly chart, market tried to cross over the level of 18130 but couldn't sustain above it. The market took support from both the moving averages. SgxNifty is trading almost flat. Watch for it in the morning as...
NESTELINDIA NESTELINDIA Result is coming soon . price take support @ 200 ema , ab=cd harmonic pattern BUY NESTELINDIA @19450 ADD MORE 19020 CLOSING STOPLOSS BELOW 18920 TARGETS 20050-20736-21103 BOLO JAI GAJANAND
Adani Ports has closed at a crucial level and the support zone around 775. On the weekly charts, the stock has closed below 20 ema and near 61.8% Fibonnaci level. There is a bearish moving average cross over on the daily time frame and has formed a gravestone doji. 3 points confirmation. a. Bearish cross over (daily charts). b. Close below 61.8% fib level. c....
Banknifty has formed an inside candle and a dragon fly doji on the weekly charts. It has been trading in a range and can give a trending market in the coming week. There is a doji on the daily charts as well which show a confusion in the market. Banknifty has closed near the 20 ema and support zone. On the hourly charts, the market has consolidated and closed...
Again nifty has formed a doji candle on the weekly charts. It is taking support from the 20 ema and 50% fibonacci levels. On the daily charts, there is a evening star pattern formation and the market has closed below the 20 Dma. The global markets have shown some recovery. Indian market is still in a confusion state and the trend in not certain. Let the market...