Nifty on daily closing has given a dragon fly doji and respected the level of 17400. The market retested and recovered in the last trading hour of the day. There is a bullish moving averages cross over on daily charts. On hourly chart analysis market respected its 20 ema and has given a nice up move. The market On 15 minute chart, the market traded around its...
Enter if candle closes above level of 506. Target 1 = 535 Target 2 = 575 Stoploss = 484 ---- stay tuned for any change/regular update on trade.-----
Banknifty after a initial gap down gained momentum and crossed the crucial level of 38k and closed above it. Banknifty was strong as compare to nifty and gained around 120 points. Though market consolidated whole day. So, the market can be trending in the coming days. On 15 minute chart analysis, the market traded around its 20 ema. Support :- 37400, 37645,...
As, chart says banknifty have given breakout above 200DEMA where, it has faced resistance 3 times earlier. RSI above 60 indicating strength in breakout and confirms it's reliability. Also, breakout from inverted head & shoulder pattern is visible. Minimum target of this pattern comes to 36150 but it can move above this also. I'll try to publish an elaborate idea...
Tata power looks good on daily charts gives close on 50 and 100 day moving averages on daily chart after so many sessions one more positive thing is there is relative strength indicator breakout seen that was facing a big resistance too today crossed and closed above on that too. CAUSE OF LONG-: 1- Closing above on 50 and 100 day moving averages 2- Breakout...
] NSE:SBIN This is intraday trade. The stock is at 20 moving average The will give 540 target and can get resistances from l ife time resistances This is for educational purpose
Maruti is near its 4 year high and is looking good. With strong support around 8329 and 7555. We can see good traction once the stock price goes above 9100 levels, with key resistance around 9572 and 9996. Beyond these levels, the stock will find good momentum. Never forget to keep a stop loss. Note: Not a buy/sell recommendation, but a personal analysis
Nifty has closed below its 200 DMA and has taken support from its 16480 level. On hourly time frame, looks bearish and can remain bearish on a smaller time frame. A perfect bearish trend is being formed on 15 minute time frame and market has closed between 20 and 200 ema. support :- 16324, 16485 Resistance :- 16680, 16825 The market can remain bearish and can...
Banknifty on daily time frame has formed en evening star pattern. The market has taken a halt after a nice movement. On an hourly time frame analysis, market has closed below its 20 ema and has closed near its day low. The market on a smaller time frame looks bearish. Support :- 36285, 36075 Resistance :- 36475, 36900 Wait for the price action near the price...
BTST Rajeshexp Long ( 26 July) RSI-53 Buy at- 593 SL- 587 Target- 614, 620 Join us, Learn more, Earn more Disclaimer- We are not SEBI registered advisor. Charts and views are only for educational purpose.
Banknifty has formed a doji on daily time frame and closed on negative to flat. Market has taken the support from the support level and remained above its 20 ema on hourly time frame. On smaller time frame (15 minute), market traded around its 20 ema and closed just below it. Support:- 36475, 36285 Resistance :- 36900, 37160 Market has taken a resistance from...
Nifty has formed a doji on a higher level and closed 90 points down. On hourly time frame, market closed above its 20 ema. The markets has halted and on 15 minute time frame closed below its 20 ema. support :- 16590, 16485 Resistance :- 16680, 16825 The market is in a sideways phase. Market may remain sideways for tomorrow. Wait for the price action before...
GODFRYPHLP | Simple trendline breakout - Looks potential for 20% CMP : 1139 (Dip : 1120) SL : 1080 Target : 1350 1:5 risk reward setup
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Nifty has crossed and closed above its 20 ema on weekly time frame and has given a nice bullish candle. Markets are bullish and has gained 5%(approx) this week. On a daily time frame, the market has close above its 200 ema. The market has been taking support from its 20 ema on 15 minutes time frame. There are sign of another bullish week. support :- 16485,...
The stock DRREDDY broke its long awaited resistance zone on July 11th with an above average volume. Right now it is retesting the previous resistance zone (Which, according to price action theory might work as support now.) and also the 50 and 100 day moving average is just below the current price which adds double confirmation. the 200 EMA is at near 4400, if it...
Torrent pherma has recently broken its long time resistance zone. And right now it is retesting that, which might work as support this time, also it just touched at 20 EMA, which will give it a boost. good upside potential of 2.5:1 risk reward trade.
GSPL Long (22 July) RSI- 58 Trading above 20 day EMA since last 13 days Today's volumes are very strong Buy at CMP- 237 SL- 232 Target- 247 Join us, Learn more, Earn more Disclaimer- We are not SEBI registered advisor. Charts and views are only for educational purpose.