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
aj ka move kafi important tha or last 3 days ke volume se kafi zyada volume pr strong candle bani he agar ye 205 pr august series close de to next series me kafi upper ke levels dikha sakta he
SBI making bullish engulfing trading above 50EMA can buy above 520 for trading purpose target can be 542 with sl 504 do your own research
Banknifty has formed a beautiful bullish engulfing candle after testing its 20 DMA. Banknifty remained strong and in the last trading hour crossed yesterday’s high and closed above it. Market gained about 400 points and crossed hourly 20 ema. On 15 minute time frame analysis, Banknifty crossed its 200 ema and closed above it. Support:- 38766, 38510,...
Nifty has tested its 20 DMA and gained momentum after testing the level. Market has on the daily close basis has gained 90 point after a gap down of 130 points. There is a V-shape recovery on hourly time frame and a Head & Shoulder pattern breakout is there on 15 minute time frame analysis. The market has closed between 20 and 200 ema on 15 minute and gained 50...
Banknifty as predicted remained for selling and fell around 700 points.It has fell around 1500 points in just 2 trading sessions. Market has given another bearish candle and closed below the 38500 level. Banknifty after a initial fall consolidated whole and formed a bearish flag pattern in hourly time frame. On 15 minute chart analysis, the market has formed a...
Nifty as predicted remained for selling and fell around 250 points, taking away the gain of 5 days in just 2 days. Market has given another bearish candle. The market fell below 17500 in the last hour of the trading session and closed between 20 and 200 ema. On 15 minute chart analysis, the market has formed a bearish moving average crossover and travelled...
SHARDA MOTORS looks good for swing trading. Price consolidating near our demand zone, which is also the 200 EMA on the daily time frame. Price action look bullish for the near target of 845. Keeping SL near the 200 EMA at 719-715. Fundamentally company looks good. Hence no big reason for the fall. Buy near 743-750 levels.
Nifty50 broken out long term trendline and retested the trendline supports 17700 it may take reversal from here for 18100 and after that for 18350 level or may break support and move towards 17350 level ,investers and traders can keep their eyes on these levels, niftyin uptrend and much above 200EMA. only for educational purpose.