The stock has given a nice break down of the Head and shoulder pattern. The markets are in the negative and the stock has given 40% (approx) returns in 30-35 days time. Stock has broken the neck line of the of the pattern and closed below it. The stock has closed below its 50% Fibonnaci levels. Wait for the stock to retest the price level of the neck line and...
Banknifty for the two consecutive days has fallen more than 2% and losing around 2000 points in just 2 trading sessions. The market remain in the red whole day. Even after the gap down of more than 500 points the banknifty closed 900 points lower. On the daily time frame, the market had tested its 2.618 Fibonnaci level. The market has also breached the level of...
NIfty after touching the crucial level of 18000 has retraced back to the 17000 levels today. Market remain in red whole day. After the initial gap down 170 points the markets closed 300+ points lower. Nifty on the second consecutive day has fallen more than 1.5%. On the hourly time frame, the market remained in a broader range and consolidated in it. Nifty took...
Nifty50 at critical support 17300 next support can be 17000 then 16900 resistance @17860 educational idea
Sunpharma on the weekly time frame has given a nice bullish engulfing candle and a nice 6% return this week. The market has given a negative return but this stock has remained in green. There is possibility of another up move in the coming week and the stock may form new 52 week high. It is following the market movement. It has broken the resistance level of...
Wipro has been consolidating in a range and is forming a double bottom pattern on the weekly time frame. The stock has closed below its 200 ema (weekly chart). The whole IT sector has been in a consolidation phase and is near its recent low. On the daily time frame, stock has given a negative candle and retested its levels of 400. Confirmation points. 1....
Banknifty on the weekly time frame has given a strong negative candle and closed below 40000 levels. There was a nice moment in the last trading session. On daily time frame, it has formed a marubozu candle and closed below its 20 DMA. The market has crossed and sustained belowt its 200 ema on hourly time frame. Banknifty has consolidated in the second half of...
NIfty on the weekly time frame has formed a grave stone doji and formed a triple top pattern. The market on the daily time frame has given a nice bearish candle and lost 300 points. NIfty has closed below its 20 DMA. There is a bearish moving average cross over on hourly charts. Last trading session was a one side moment and there are all negative candle. The...
TIMETECHNO | Trendline + Channel + 200 EMA support - Trying to capture a 20% reversal CMP : 107 SL : 100 Target : 130 1:3+ risk reward setup
Motilal oswal financial services looking good on charts, taking support and getting ready for trend reversal, could be in focus for short to medium term with 2 targets marked with flag. Only for information and education purpose. Please consult your advisor before investing. #technicalanalysis #technicalanalyst #swingtrading #swingtrader #fundamentalanalysis...
Banknifty on the daily time frame has formed a doji after a gap down and tested its level of 40500. On the daily time frame, the market has closed below 41000 and closed convincingly below the level of 20 ema. The market has given a nice down side movement and closed between both the EMAs There is a bearish moving average cross over on 15 minute time frame and...
Nifty on the daily time frame has closed below the 20 ema and formed a doji on daily time frame. On the hourly time frame, the market has traded in between the moving averages and closed near the 200 ema. The market on the daily fib levels has closed below 38.2% A double top formation on the 15 minute was there and the market after a bearish moving average...
Banknifty on the daily time frame has given another doji and the market are still jittery and confusing. On the hourly time frame, the market is still not holding above the level of 41600. The market is taking support from its 200 ema on 15 minute time frame and trading between both EMAs. Support :- 41180, 41000, 40840 Resistance :- 41290, 41440 The market is...
Nifty on the daily time frame has formed another doji. It has tested its 20 DMA and regained and sustained the support of 17710. On the daily time frame, the market has closed below its 20 ema and in the second half of the trading session the market sold off. The market is still not showing any sure trend and on the 15 minute time frame, there is bearish moving...
Banknifty is taking resistance from the upper levels and is not holding to the levels. It has formed a doji on the daily closing. Though, it is trading above the 20 ema on the hourly time frame but its not closing above the 41500 levels. Banknifty lost its initial gains in the second half of the trading session and closed below the 20 ema on the smaller time...
Nifty on the daily time frame has formed a spinning top doji. The market has respected our levels and after touching 17920 level the market retraced On the hourly time frame, the market has settle around its 20 ema. Market is not sustaining above the 17900 levels. The market opened around the 200 ema on 15 minute time frame and gained momentum in the first...
Tvs motors breaking it's resistance from parallel channel trading above 20ema target can be1185 with sl mentioned in chart can buy @cmp only for educational purpose
Banknifty has formed another doji on the daily time frame. The market after the initial push has consolidated. It is respecting a trend line and a flag and pole pattern is formed on the hourly time frame, On 15 minute time frame, banknifty traded around its 20 ema and closed around it. support :- 40850, 40660 Resistance :- 41000, 41180 The market remained...