Prediction for Bank Nifty Expiry on 10-Aug. Will touch the resistance at 45040-44975 and might go down below 44500.
As we can see despite the trend line breakout BANKNIFTY didn't move much as it got rejected at the psychological level of 45000 as we analysed in our previous analysis and maintained itself in a range throughout the day. Now we can see BANKNIFTY maintaining itself in a range of 44750-45100 levels. The break of 45100 could potentially show a unidirectional move...
Finnifty on the daily charts has formed a dojo after a gap up opening and has closed below the 20 ema. DJI has given a bullish candle closing 400 points higher which gives a bullish move prediction in Indian markets too. On the hourly charts market has consolidated in a range of 100 points, closing between both the moving averages. Consolidation in done and...
As we can see BANKNIFTY had been in a range throughout the day without breaking either of the levels after taking support from strong demand zone hence now we can expect BANKNIFTY to break the trend line which it had been respecting since last few trading sessions making it weaker hence making the break of trend line very eminent and the break of trend line would...
....Description.... My ideas.... **Strictly follow TREND LINE # Up side levels :- (Whenever the market crosses the trend line then upside movement will be fast.) 1. Target price - 44931 2. Target price - 45003 3. Target price - 45079/45124 # Down side levels :- 1. Target price - 44765 2. Target price - 44709 3. Target price -...
As we can see BANKNIFTY has reversed exactly from our given levels as analysed in our previous post. Now we can expect BANKNIFTY to remain bullish above our given levels and till BANKNIFTY maintains itself above our given levels till then every dip is a buying opportunity until it breaks below the level which would confirm the downtrend and would plan the trades...
Weekly Timeframe is bullish Daily Timeframe has tested daily demand zone It is ready for bullish momentum on the upside
Weekly Timeframe is Bullish Daily Timeframe has made a good base 4HR timeframe has tested the base
FSL is fundamentally a good company and has its operations across the globe. Since it’s launch stock has given more than 37% return YTD. After making lifetime high, stock has fallen more than 60%. It has formed a rounding bottom on weekly chart and closed above the neckline with good volume and tested the same level. On daily chart, stock has done positive price...
IRFC has recently moved to all time high and now has formed a symmetric triangle pattern. As per the price action on daily and weekly chart, currently it is trading at pre-breakout level and today closed with good volume. Aggressive traders can initiate long position at CMP and safe trader can take entry once daily candle closed above the entry line. In short...
As we can see BANKNIFTY fell unidirectionally for over 600++ points exactly as analysed in our previous post as it open-end weak and fell unidirectionally. Now following the global cues we might expect the index to open weak tomorrow too, hence we may expect BANKNIFTY to remain sideways to negative throughout the day until it reaches our demand zone wherein any...
Previous S&R with well respected Fib Levels (Also a possible smaller scheme within a larger Smart Money scheme) KESORAMIND BUY above 64 SL: 59 Target: 67.6, 73+
going to mitigate high time frame POI. and hopefully turn Bullish🚀. Entry 237- 233 Target SL in chart. RR 3.7
As we can see despite a strong opening BANKNIFTY failed to sustain itself and fell unidirectionally being sideways but can be seen taking support at the trend line hence if BANKNIFTY opens above the trend line and takes support we might see a strong recovery but if it opens weak we may see BANKNIFTY falling unidirectionally over 400++ points so plan your trades...
As we can see BANKNIFTY showed a unidirectional move after opening flat and took support around the trendline in the first half and reversed exactly from the trendline and showed exactly from the trendline over 300++ points and hence now if BANKNIFTY opens flat to strong we can can see another strong rally of 400-600 points in coming trading sessions so plan your...
NIFTY is near trendline. Go long if it gives breakout on the trendline and crosses the nearest important levels. 1st Target - 19857 2nd Target - 19989 If there is momentum it can reach the 52-week level.
As you can clearly see on the chart, IRFC has been consolidating for the past 5 days and today it had finally given the breakout from all its resistance levels and today is also the last trading day of July month. If you look at the volume then you will find that when it moves up, it moves with a strong and big candle but when it comes down then there is less...
Weekly Timeframe is bullish Daily Timeframe has made a good base and tested it with a pullback 4HR timeframe has also tested it's structure