Banknifty after a gap down tried to cross the previous day high but couldn’t sustain the levels and closed above 20 ema. After the initial hour up move the market slowly retested its hourly 20 ema. On the hourly candle an inside candle is formed. On 15 minute analysis, it closed just around the 20 ema and trading above the 200 ema. Support:- 39140, 38900,...
Markets are in a serious gap ups and downs. Nifty opened gap down and formed an inside candle on daily time frame. Though, market closed above the 20 DMA but still due to the global cues it’s not clear where the markets will head. In the opening hour markets tried to give an upside movement and faced a rejection from 17700 levels. Market closed between 20 and...
APLAPOLO Long (01 Sep) RSI- 52 Buy at CMP- 1010 SL- 945 Target- 1120, 11165 Join us, Learn more, Earn more Disclaimer- We are not SEBI registered advisor. Charts and views are only for educational purpose.
Banknifty has given a nice bullish movement and gained 1260 points. The markets soaked in the gap down of monday and gain 550 point on the weekly time frame. This kind of momentum was not expected. There is a bullish moving average cross over oh 15 minute time frame and closed above the levels. Support :- 39380, 39140 Resistance :- 39650, 40000 The markets...
Nifty has formed a nice bullish candle on the daily close, soaking away the gap down of monday. A gain of 440 points in a single day was unpredicted. Nifty remained in a bullish momentum whole day and crossed 20 DMA and closed above it. On 15 minute chart analysis, the market has given a bullish moving average cross over and closed above the level of...
**Near the demand zone or flip zone(5850-6000) **under 200 ema ( a little bearish zone)But if it take support from demand zone(5700-6000) then there is a higher probability that it will be above 200 EMA in upcoming weeks. **2nd time near demand zone(...
Banknifty gave a nice upmove after the gap down of more than 800 points. It closed below the 20 DMA and got a nice rejection from the level. The market consolidated whole day and remained between 20 and 200 ema. On 15 minute time frame analysis, Banknifty got a nice rejection from its 20 ema and closed around it. Support:- 38230,38120,38000,37840 Resistance:-...
The market gave a gap down of 3% due to the U.S. Fed outcome. Nifty opened below 20DMA and consolidated whole after an initial up move. The market closed between the hourly 20 and 200 ema and remained in a range. On 15 minute analysis, it took rejection from 20 ema and closed just below it. Support:- 17280,17220,17100 Resistance:- 17380,17480,17600 Wait for...
nifty 50 has support @17350 if it's breaking may touch 17000 US market crash giving indication for educational purpose only
Nifty has formed a double top pattern on the weekly time frame. There are chances of a retracement before another up push. Nifty has formed a Dragonfly doji on a weekly time frame. The market is taking rejection from its 61.8% fibonnaci level and unable to close above it on daily time frame. An inside candle formation on the daily time frame must be watched...
Ethereum is forming a head and shoulder pattern on a daily time frame after retracing the fibonnaci level of 38.2% and 20 DMA. The coin has given a nice movement and is retracing before another up move. The coin is trading below the moving averages. Two confirmation patterns are being formed in the coin on the daily time frame 1. Head and shoulder pattern 2....
M&M making flag pattern good if giving closing above 1300 can buy above 1300 for target of 1400+ may retest till breaout level,stricly follow sl can keep eye for positonal tradingp only for educational purpose
Nestle India has been consolidating in a flag and pole pattern. The stock has taken support from its 20 DMA and respected the levels convincingly The stock on the hourly time frame has been trading around its 20 ema. Stock on the monthly basis has never closed above 19750. If the stock breaks out or breaks down a nice movement can be achieved. Wait for the...
Banknifty on the daily time frame has given a dojo candle and a huge sell off in the last hour of the trading session end the monthly expiry. In a single hourly candle, Banknifty cracked about 500 points breaking the 20 ema and closing below the level. The market has closed near 15 minutes 200 ema. It fell from 20 ema to 200 ema (15 minute time frame) giving...
The markets were volatile and huge selling in the last hour of the trading session marked the closing of monthly expiry. Nifty has formed a bearish engulfing candle and closed around 17500. The market has falling about 190 points in a single hourly candle, taking the market below its 20 ema and closed below the levels. On 15 minute time frame analysis, the...
Banknifty after a bullish engulfing candle gained a nice momentum and closed above 39000 level. Banknifty remained strong and gave a nice momentum in the last hour. There is still a bullish move in the market and can remain in green for tomorrow. The market has closed around the hourly fibonnaci level of 0.618. On 15 minute time frame, there is bullish moving...
Nifty has given a inside candle on daily closing. Nifty closed almost flat and the market consolidated whole day. The market gained in the last trading hour of trading session and closed above hourly 20 ema. On 15 minute chart analysis, market has respected the trading zone and remained between 20 and 200 ema. Support :- 17480-500, 17375 Resistance :- 17710,...
NTPC making inverse head & shoulder and giving breakout trading above 50EMA can buy above 161 for positional trading target can be 180+,may retest sl should be 154 do your own research