After yesterday's upmove from 1935.369 to 1948.108, Now we are seeing a good consolidation at higher levels. The lowest point in the consolidation is 1943.762. If we see a break down at the lowest point of consolidation, we have a clear down range till 1941.938, 1941.265.
As we can despite the weakness BANKNIFTY took support exactly at our demand zone and reversed strongly over 300++ points and closed above our demand zone showing the strength. Now looking at the global cues, we can expect BANKNIFTY to open strong and if BANKNIFTY manages to sustain its strength then we may see a unidirectional up move tomorrow so plan your trades...
After MSS Xauusd has came back down to fill up the imbalance. My Bias is bullish and I expect Xauusd to rise up again at 2007 and Higher till 2030. looking for Bullish setups near in Discount zone just for buys. small short trades can be possible with caution
- **Multi-Year Breakout and Cup Pattern (Weekly):** - The stock experienced a significant breakout covering multiple years on the weekly chart. - Additionally, a cup pattern breakout occurred, indicating a potential bullish reversal. - **Volume Confirmation:** - Both breakouts were accompanied by substantial trading volumes. - This suggests strong...
Confluences marked on the chart, the 4H can have a pullback before continuing bullish so you can wait for a slightly better entry.
As we can see BANKNIFTY has finally shown signs of reversal from our supply zone as analysed in last previous posts. We can also see more like a rising wedge pattern which also acts a catalyst for bearishness hence any closing below the trend line with flat opening could be a good selling opportunity so plan your trades accordingly
After a good up-move from 183.286 till 185.964. We can see a consolidation between 184.563 and 185.656, which has a support of 184.563. If we are able to breach the support and able to close the candle below the support level with a good confirmation candle, we can take a short trade with a good target of 183.992 and stop-loss above the buy candle. The Volume...
Pokarna is making a good long pattern. The volumes are surging from last few weeks.
As we can see BANKNIFTY has been weak in the first half after opening at supply zone but it did recovered strongly in the closing hours. Now that it had again closed around SUPPLY ZONE, we can again expect some weakness in first half in opens flat to weak within that supply zone in the first half so plan your trades accordingly everyone
Price moved exactly as anticipated in the last Trade Idea linked below. PA matches the bullish fundamental bias, entry has been provided.
As we can see after an unidirectional move from our demand zone, BANKNIFTY can be seen heading towards important supply zone mentioned in the chart around 43700-43900 levels which previously acted as strong demand zone hence since it’s the first time this levels are getting tested, we can expect a rejection from these levels so plan your trades accordingly
My best investments stock is attractive levels again and again If you're long term investor, it's must in your portfolio My long term stoploss is 3000 only It's 💎♦petern in daily charts, today minimum 3% move possible in INTRADAY
As we can see NIFTY has finally broken 19200 level with a strong opening and also managed to close above 19200 levels which shows the probable big move which can be expected in coming trading sessions so plan your trades accordingly.
DLF Looking Strong has give multi year breakout above 455. Rounding Bottom Good Revenue Pipeline & Reduction of Debt Go Long for a Year targets 585/767
As we can see NIFTY had been sideways throughout the day as analysed in our previous analysis but now watching the global views we can expect NIFTY to open strong and any opening above 19200 could show a potential strong unidirectional upmove but if fails then another volatile to negative day can be witnessed so plan your trades accordingly l.
Short Position with SL and 3 TPs. All ideas are my own analysis. For educational Purpose only. Any Loss on taking this trade is not my responsibility. Taking position off my idea is own responsibility, Users are responsible for their our actions. Tip: Always trade with Risk Management
#GEOJITFSL #breakout #swingtrade #momentumtrade GEOJITFSL : Swing trade > Breakout with huge Volume > Momentum stock > Good Strength in stock > Overall Positive structure in D/W charts Swing Traders can lock 10% profit & keep trailing Please Like or comment if u r Liking the analysis & Learning from it. Keep showing ur Love Disclaimer : This is not a Trade...
Fundamental bias for Gold is bullish due to the Israel-Hamas Conflict. PA matches the bias. Price retraces to the daily AOI, we wait on 4H/1H to confirm the entry. Expect a rejection of the area, followed by a pullback. We can catch an entry when the price goes bullish again after the pullback