Banknifty was strong today and has closed in green. The markets are volatile and there is a bearish moving average divergence on daily time frame. It has been trading around its 20 ema on 15 minute time frame. Support :- 34350, 34100 Resistance ;- 34720, 35000 Trading in a volatile market can sweep your gain in few minute. In the last hour markets have...
Banknifty is trading below it 200 ema on daily time frame. It has formed an inside candle on daily time frame. If the markets start trading below the low of previous day the market can fall further. There is bullish divergence on RSI indicator on hourly time frame. Support :- 35130, 35000 Resistance :- 35400, 35700 Wait for the price action near the levels...
Nifty has again taken resistance from it 200 ema on daily time frame but has not traded below the previous day low. It has been respecting th support of 16600. There is a bullish divergence of RSI on hourly time frame. Market can consolidate or fall further. Support :- 16600, 16480 Resistance :- 16837, 16940 The market is respecting is support and...
Kotak mahindra bank has been consolidating for 3 months. The bank is due for its quaterly results and a break out. The stock has respected its 20 ema on daily time frame. If the stock breaks out of the consolidation zone it can give nice long targets. Support :- 1700, 1577 Resistance :- 1820-25, 1964 Wait for the entry above the level of 1820-25 as it will be...
Nifty has consolidated and gave a bullish break out in the last trading hour. The market has closed on a bullish note and can remain green tomorrow. Nifty has closed between its 20 and 200 ema on daily time frame. It has closed above its 20 ema on 15 minute time frame and has consolidated for a while. Support :- 17010, 16940, 16900 Resistance :- 17090, 17150,...
Bank nifty has given a strong closing below its resistance levels of 36200. Market are taking resistance from its 200 ema on daily time frame and 20 ema on hourly time frame. On 15 minute time frame, the market has closed between its 20 and 200 ema Support :- 36000, 35700 Resistance :- 36200, 36290, 36580 Markets has given a bullish movement in the last hour...
With Mega LIC IPO around the corner, We can see some action this script of LIC as well if it breakout with huge volume only. Trade cautiously and keep your position size in check because of huge volatility. Happy Trading :) Disc: Chart posted only for learning purpose.
script was in a long consolidation below 200 EMA. By giving a huge volume breakout from a wide supply zone of 1000( Big round number/psychological level), we can safely say that a momentum can take place on upside in upcoming weeks. Enter accordingly near 1010-1015 Tgt for 1130/1185 SL of 950 Though with high volatility in markets now-a-days, and where many...
Hindustan Unilever has formed a nice bullish candle on weekly and monthly time frame. The stock has closed below its 20 ema on monthly time frame and above 20 ema on weekly time frame. On daily time frame, the stock has taken resistance from its 200 ema and has formed a spinning top kind of candle. There is a bullish divergence on RSI indicator on weekly time...
Hindalco forming a evening star pattern on a monthly time frame. In the month of April the stock has already given a downside movement of 15% and can move below upto the level of 410. On weekly time frame, the stock has closed below the 20 ema. The stock on daily time frame has been consolidating in a range and has closed below the 200 ema and a support level...
Shanti Gears (D) Buy above 240 Targets:- 250/260/270+ SL:-208 Breakout with Massive Volumes Consult your financial advisor before taking any investment decision.
Bitcoin has been respecting a trend line and is taking support from it. The coin is trading around its 20 ema on 15 mint time frame. Support will be the trend line. Let the price trade below the trend line or breaks above the level of 38810. On daily time frame, it’s forming an inside candle. Support :- 38100, 37700 Resistance:- 38810, 39270 Wait for price...
Lets wait and see if NSE:TATASTEEL can give an inverted Head and Shoulders Pattern breakout with rising RSI, price staying above 200 DMA and Bullish MACD crossover and line crosses above the zero line. Buy when Day close Above with Volume: 1275 SL: 1150 Target: 1400 Disclaimer: For learning purpose only. I am not a SEBI registered analyst and not responsible...
VARROC looking bullish volumes and chart pattern indicating good sign for further movement. Consolidation breakout from zone. Closing above 460 will be confirmation. Need to hold his highs selling pressure is high in upward levels. Can reach 510- 530 targets above that next Resistance at 570 . Keep on...
Dabur: Breakout near a 20 day consolidation range of 548 -562, and 2 month long resistance near 564-572. Pure price action trading, wait for breakout.
Nifty after an initial gap up has filled the gap on the lower side and has closed near the support level. It took a nice support from its 20 ema on 15 minute and 60 minutes time frame. Bullish moving averages crossover is there on 4 hour time frame. Support:- 17210, 17150,17090 Resistance:- 17260,17320,17410 A bullish trend is there in the market. Wait for...
Sangamind Multiyear Breakout stock Struggling to make new tops in this market. Keep on radar this stock can perform very well. Accumulation Zone 325-330. Stop Loss - 300 Add to your watch list. - Gaurav @vivek_mashrani @investment_ @forextidings @investing @TheBreakOut @ExtremeVolume @vijaythakkar009 @RAKESHBANSAL @Vivek-