Over the past few months, this stock has been correcting from its 52-week high. 500-520 which earlier acted like major support was broken and now acting as assistance. now price is testing this level for upward momentum. Watch out for this breakout and we can buy if the price closes above 535 with good volume in day chart.
Trade set-up
1)Entry around 535-540
2)...
As we can see NIFTY is now heading towards important resistance after a successful one sided upmove, we it was more like a one sided upmove we can expect some retracement now and since the zone maked in the chart has previously acted as a strong support, can now act as a stronger resistance and get some rejection making a successful head and shoulders pattern in...
As we analysed that BANKNIFTY might face resistance around 36000 level and though it went above 36000 in the first half but closed below 36000 which shows it is acting as a good supply zone and respected the trendline too hence for now BANKNIFTY can become sideways for bearish if sustains below 36000 else if manages to sustain above 36000 then we can see a...
As we analysed BANKNIFTY opened gap down and continued it's bull being FII's becoming the net buyer which shows BANKNIFTY is still bullish despite of the fall in value of currency! Next eminent resistance can be seen at 36000 which is also a psychological level and hence if opens flat to gap down we can expect some bull run tomorrow too else we can see BANKNIFTY...
MCX:GOLD1!
TVC:GOLD
This is SWING TRADE .
The gold is at support zone of daily time frame
There is dojji candle fromation which indicates sign of reversal.
First target is at 1800 and final target 1865.
This is for educational purpose.
As we can see after a week’s weakness, BANKNIFTY finally showed some strength but heading towards an important RESISTANCE which is 35500 which is both a psychological level and a resistance faced by trendline hence we can expect a gap down opening tomorrow, if opens gap up we can expect BANKNIFTY to reject from 35500 level which has previously acted as a good...
Nifty has given a nice marubozu candle on daily time frame.
The markets opened higher and remained in a bullish trend.
On 15 minute time frame analysis, there is a bullish moving averages cross over.
The market has respected the resistance level and has closed just below it.
Support:- 16150, 16020
Resistance:- 16290, 16400, 16480
The market seems bullish and...
Banknifty Levels for Tomorrow..
Trend : Bearish
Sentiment : Positive
Expectation : Moderately Bullish
Expecting Bank nifty open around R1 - PDH level with average gap up Open as Nifty Shows Strength. Any pull back around PDH / R1 is buying opportunity. Tomorrow wait for 1st 5m candle to close and initiate your entry.. Any breakout of first 5m candle high we...
As we analysed NIFTY took support exactly at our levels and reversed giving more than 150++ points! Now we can see NIFTY continuing it's bull run as in smaller time frame we can also see more like an inverted head and shoulders pattern which shows the probable upcoming bull move! Till the Support is not broken we should think of buying at every dips! Next eminent...
As we can see NIFTY is back at where is started its move and broke out of an inverted head and shoulders pattern. It has come back to the neckline of the inverteed head and shoulders pattern which can act as a good support and also multiple reversals has been witnessed at these levels hence one should look out for these key points before making a position
As we analysed that BANKNIFTY might continue its weakness as we saw a trendline rejection which clearly shows the diwntrend of the BANKNIFTY and hence as we analysed we can see more than 800 points down from top and heading towards next support which is 34360 and 36500 respectively which is more like a psychological support hence any weak opening can continue...
As we analysed that BANKNIFTY will gap down tomorrow and remain negative throughout the day!
We did see 500 points down from our psychological level and important resistance and now taking support at another psychological support which is 35000 level hence we can expect a sideways to slightly bullish market tomorrow if opens strong but if opens weak and below...
We can see BANKNIFTY has closed strong showing bullisheness but it could be a trap inviting more buyers as the trendline resistance is more emminent and so is the psychological level of 35500 hence any weak opening could lead to weakness in BANKNIFTY for tomorrow on the other hand we can see some good move if sustained above 35500 in spot chart in upcoming trading...
Hi Traders,
Trading is Simple, Make it Useful!!
Here the trading made easy with Signals...
Its a Combined Pivot Boss Price Action Strategy Indicator.
This indicator has been created based on Pivot Boss, RSI and Price Action Strategy.
BUY Signal - Go Long at middle price of the Signal Candle, SL low of the candle.
SELL Signal - Go Short at middle price...
NSE:HEROMOTOCO
The auto sector have been outperforming in such a bearish market.
Most of the auto stocks have broken out of different resistance
one of them is heromotoco it has raised well and now consolidating near
previous swing high and forming a continuation pattern if it crosses 2810 then
A new 2nd bull leg is expected.
all levels has been mentioned on...
NSE:KOTAKBANK
It is Short term trade.
The stock has taken support in recent days .
If it take pullback we can see upside move
First Target is o f 1836.a nd second target is at 1950.
This educational purpose.
