#Infy Long (30 June) RSI- 40 RSI divergence Buy at CMP - 1468 SL- 1440 Target- 1515, 1554, 1583 Join us, Learn more, Earn more Disclaimer- We are not SEBI registered advisor. Charts and views are only for educational purpose.
NSE:NTPC It is short term trade. The stock is at 200 moving average support . The stock is at support zone, Target of 143 can be seen , and final target of 153 . This is for educational purpose.
DRREDDY is forming a double bottom on 1D timeframe, there could be a bullish rally after the breakout of neckline of the Double Bottom. There is also a confluence of 200 EMA on daily timeframe. You can go long after a good breakout of 4440/4435. Place Stop-loss according to you risks, suggested targets : 1st Target: 4680 2nd Target : 4890 . At 4Hour timeframe we...
Banknifty has formed a nice bullish candle and closing above its 20 DMA. On hourly analysis the markets remained in a uptrend and closed above its 20 and 200 ema. On 15 minute time frame, it took a nice support from its 20 ema and rallied 250 points from there. Support:- 33700, 33950 Resistance:- 34350, 34625 The market can remain bullish as it has closed...
Nifty seems bullish but couldn’t close above its 20 DMA. There is a resistance at 15850. On 30 minute time frame, there is bullish moving averages cross over coming. If there is a km cross over and markets crosses 15880 level. Market can test 16k levels On a smaller time frame the market closed above its 20 and 200 ema. Support:- 15770, 15700 Resistance:-...
#CNXENERGY still a weak sector on DTF basis price action. It seems like a possible H&S Pattern in the making with neckline as the middle of parallel channel. Also since the price is below the MA's and in a down channel my overall view remainsBearish for this sector. Shorts recommended Energy, Oil & Gas, Power Stocks clearly Avoid Long Some stocks for the sector...
Banknifty on monthly time frame has given a bearish candle and has closed just below its 20 ema. The markets looks bearish on the higher time frame. The markets have tested its 0.382 fib level (weekly time frame) and has closed below it. It is facing a constant resistance from its 20 DMA. Banknifty has consolidated for 3 days and can give a trending market in...
Nifty on higher time frame has shown a negativity and the markets are showing some bearish trend. This is the third monthly red candle. Though the markets are taking support at its 20 ema. Markets are still choppy and no clear trend is still there. On weekly analysis, there is a formation on lower lows and lower highs. The market has tested its 0.382 fib level...
Stock reached confluence of several supports.......strong S&R zone(blue box), 200 WMA(violet line), lower median of white pitchfork, AVWAP(white) and in addition key fibo levels... Note: since overall market is bearish do not expect big bullish moves immediately....stock likley to consolidate before moving up
Stock printed a green bullish candle in weekly chart right at the confluence of 61.8%, channel parallel, 200 W MA and strong S&R........ Note: since overall market is bearish, do not expect big bullish moves immediately....
Banknifty has formed an engulfing candle. It remained in bull trend after and initial gap down and gained 500+ points from days low. On hourly analysis the markets remained in a uptrend and closed above 33500. On 15 minute time frame, the moving averages are close and it has closed above the EMAs Support:- 33520, 33210 Resistance:- 33750, 33970-34000 Wait for...
The markets are jittery and trend is still not defined. Nifty filled the gap created by the gap down and remained in a bullish trend for the day. Nifty has formed an inverted hammer candle on daily analysis. On a smaller time frame the market closed above its 20 and 200 ema. Support:- 15690, 15625 Resistance:- 15850, 15780, 15920 Wait for the price action...
Banknifty Intraday Levels... Trend : Bullish Sentiment : Positive Expectation : Bullish but Reversal may happen Expecting Banknifty to Open Flat / Small Gap up around Sell Rev zone, If any rejection around Sell Reversal zone we can go short and target is Bear BO and WPP Any breakout above Sell Reversal level, look for buying opportunity. Refer the chart for...
Nifty Intraday Levels... Trend : Bullish Sentiment : Negative Expectation : Bearish Continuation Expecting Nifty to Open Flat / Small Gap up around CPR , If any rejection around CPR /Sell Reversal zone we can go short and target is Bear BO and WPP Any breakout above R1 / Bull BO level, look for buying opportunity. Refer the chart for detailed Intraday Support...
Banknifty on a monthly candle has closed below its 20 ema and has fallen 5.8% on month to month. Still Banknifty couldn’t close above its 20DMA. On 15 minute time frame, there is a bearish moving average crossover and the market took a nice resistance from its 20ema. Support:- 33210, 33370, Resistance:- 33480, 33520, 33750 There is no clear trend for market...
Banknifty on a daily closing has formed a doji. Banknifty looks weak than nifty and has tested its 0.618 fib level of recent swing. Bank nifty traded in a narrow range. On 15 minute time frame, there is a bearish moving average crossover and the market took a nice resistance from its 20ema. Support:- 33210, 33000, 32950 Resistance:- 33450, 33520,...
Nifty after an initial gap down tried to rally and took resistance from its 20EMA. The market closed around its hourly 20 ema and the support level of 15780. Nifty remained in an up trend and crossed the resistance levels. In the final hour of the trading session the market pulled back around 70-80 points. On a smaller time frame the market is stuck between its...
Nifty after an initial gap down tried to rally and took resistance from its 20EMA. The market closed around its hourly 20 ema and the support level of 15780. Nifty remained in an up trend and crossed the resistance levels. In the final hour of the trading session the market pulled back around 70-80 points. On a smaller time frame the market is stuck between its...