Correction Phase nearly done | Long BiasOn week chart
SNX retested Key Level then bounced back
On day chart
SNX might be test $3.3 again before come back to Bullish Trend
Wait for next move
Multiple Time Frame Analysis
Coal India looking goodCoal India forming Cup and Handle pattern on Higher time frame. Target is huge.
same chart pattern CIPLA LIC IRCTC ZOMATO JUST Broke lifetimeIt may be little late but it's sure be Confirm broke out Check Sipla LIC IRCTC Zomato they just now broke out just study it all
NIFTY ready for new ATH now..?As we can see NIFTY got rejected exactly as we analysed and showed unidirectional upmove as the trend line which previously acted as a RESISTANCE has now acted as SUPPORT hence as long as NIFTY maintians itself above the trend line, every dip could be a buying opportunity until a sharp fall closes below the trend line which could potentially start the new trend so plan your trades accordingly.
AXISBANK long weekly breakoutthe stock performed weekly breakout and get retested at the neckline.
ENTRY@1125 TGT@1380 SL@1075
GBPUSD Sell [Daily Swing]Confluences on the chart, Potential 1:4.5 RR trade targeting the last daily lows.
KOTAK BANK - targets 2200 plusKOTAK MAHINDRA BANK - price is 1865
Kotak mahindra bank ,the biggest and unique in its way of working now may act as a proxy to Bank Nifty for playing for upside gains.
1850 levels are very strong supports on monthly and weekly time frames.
these would act as pivots for buying for 2050 and 2200 levels since Bank Nifty is trading at all time highs, also HDFC, ICICI, AXIS all big pvt banks are trading at all time highs.
so buying should be initiated at 1850 for the targets of 2200.
also this stock may safeguard the capital invested in times of declines in the NIFTY - BANK NIFTY and the markets in general.
thanks
The new trend has not been decided yet.As we can see despite the strength NIFTY fell strongly in the last hours and can be seen closing around the suppprt which has been tested multiple times making it weaker hence any flat opening could lead to a good fall if the zone is taken out till the trendline but for the confirmation of long trend we must wait for the weekly candle to close below the trendline and similar to these sharp downfall could be witnessed for the start of new trend so plan your trades accordingly.
NEW YEAR! NEW DIRECTION coming up..?As we can see NIFTY has finally taken support at lower trendline and also broke out of a upper trendline indicating further upmove but this up coming week could be very deciding as this week could potentially define direction for coming weeks as if NIFTY closes above the trendline this week then we can see a further continuation in uptrend else if fails to sustain and closes below the trendline making a wick at higher levels on weekly time frame then we may see a new trend which is downtrend in coming days so plan your trades accordingly.
AUDCAD Buy [Swing]AUDCAD Daily Swing Buy Idea. Confluences mentioned on the chart itself.
Risk: 1-2%
Expected Return: 3.5 RR
#sail very Billish Idea (16 year trendline resistance breakout)Sail
Breaking out from its multiyear resistance trendline today in daily TF as well as todays is weekly closing also gives breakout conformation
it looks very Bullish from this level
good to hold above 125 for the view of longterm investment
my view to this stock is 2x, 3x from this point
also its outperform nifty500 index in weekly time frame
Volume from past weeks increasing also confirms bulliness of this stock
in my view this is the opportunity to invest in this stock for handsome returns
Further upmove coming in NIFTY..?As we can see despite uncertainties, we analysed that NIFTY is bullish unless the trendline in breached below and is in good uptrend. Now we can stand by with our views that NIFTY could remain bullish till further upper trendline is tested which could act as a RESISTANCE so plan your trades accordingly.
BANKNIFTY is BULLISH above this trendlineAs we can see despite the bearishness, we managed to see a strong REVERSAL from the trendline followed by last month hence maintaining itself in the range hence for a directional move it must sustain on either of the zone and any signs of REVERSAL around these trendline could be an great opportunity to make positions with great R:R so plan your trades accordingly.
Good for swingLooking good for swing almost 1:3.5 for swing long. We will enter only if it starts supporting grean area that nearly 1600 .
Ashok Leyland bullish Investing Idea Good above 175NSE:ASHOKLEY may give impulsive moves now
it breaksout 5 years of resistance and also retest confirmed in weekly tf and daily tf
takes first resistance in 2018 followed by 2022 and finally breakout in 2023
now this resistance acting as strong support
also in daily timeframe retest of this support is confirmed
my personal view is very bullish and its the best time to invest in this stock for long term
i believe it may starts bullish impulsive moves from here
Weekly View for Nifty - V Shapped MovementNifty is predicted close (weekly) higher above 20600.
Before going up might takeout the liquidity at the levels between 20850 - 20730.
Hence forming a V shapped movement.
NIFTY just got support from this trendline..As we can see despite the strong downfall, NIFTY managed to get SUPPORT from this trendline and REVERSED massively but it was outdone by BANKNIFTY. Now we can see despite the RECOVERY we can see NIFTY can be seen in the range from the upper trendline line and the the zone it reversed from making those two important zones NIFTY can react from unless it takes a particular unidirectional direction so plan your trades accordingly
Indiabulls Housing Finance Weekly breakout, Bullish viewIndiabulls Housing Finance price resist at trendline in weekly timeframe since Nov 2019 and tried to break multiple times,
recently in nov 2023 gives breakout with good volume and also volume increases gradually.
also retest of this trendline is confirmed in daily Tf
my view is to go long above 215 for decent profit in midterm also
it my be a good opportunity to invest at this time for long term view
midterm target is for 40%
longterm 💵💸💰
Prince pipes Prince price looks good for more upside with volumes increasing and a clear change in trend
Is this the start of new trend..?As we can see we saw exactly a trap breakout creating liquidity and tumbled down sharply and fell over 500 points unidirectionally. Now we can expect more of downfall till 20300 which is the next imminent gap which could be filled and act as an important SUPPORT so plan your trades accordingly.
NIFTY is ready to trap before finally changing its trend As we can see, we did see some sideways to bearish market throughout the day but we can also see a consolidation at higher levels which is showing signs of weakness but on the other hand we can see some strong global cues which could result in strong opening for NIFTY which could lead to potential breakout to the consolidation created by NIFTY which can give enough liquidity to trap further retailers in the form of breakout and leading to final fall in coming weeks so plan your trades accordingly
