Nifty on weekly time frame has respected its 0.382 fib levels and retraced.
On daily time frame, it has closed below its moving averages and properly took resistance from its 200 ema.
There is a moving averages bearish crossover on hourly time frame and even the daily time frame evening star pattern shows some bearishness.
Support :- 16000, 15920
Resistance :-...
Friends, 🤗This stock is mainly suggested for intraday players For 13-06-2022- 17-06-2022. We Can add this in our watchlist for excellent target in Intraday.As we can🧐 see that Adani green is continuously falling from many week's.It is likely to be continue this fall 📈Further more days.We are totally bearish on this We will short below when price show rejection...
As we can see BANKNIFTY after a successful upmove as analysed from our given support around the neckline finally closed around very crucial level which previously acted as a strong support, can now act as a strong resistance. level to watch is 34200 as any strong opening above 34200 can show move till 34500, on the other hand if opens weak we can see banknifty...
Nifty has given a bearish engulfing candle and the trend seems to be bearish.
There is a moving averages cross over in hourly time frame and the market sold off in the second half.
The market may remain bearish tomorrow.
Support:- 16320, 16230
Resistance:- 16400, 16400
Wait for the price action near the levels before trading the markets.
Banknifty has formed a bearish engulfing candle on a daily time frame and broke down the crucial level of 35000.
There is a bearish moving averages cross over on hourly time frame.
The market in the last hour consolidated and the market can remain bearish for next trading session.
Support:- 34800, 34550
Resistance:- 35000, 35200
Wait for the price action near...
Bank nifty after a gap down travelled even below and retraced back to the level of 35000 in the second half.
Market has closed below its 20 DMA and on and hourly time frame the moving averages are close.
Market seems to be in a bear trend on a smaller time frame.
Support:- 35850, 35780
Resistance:- 35000, 35200
Market can remain in red for tomorrow as there...
Nifty after a gap down travelled even below to the level on 16350, filling the gap and retracing back to the support of 16400.
Market has closed below its 20 DMA and on and hourly time frame there is bearish moving averages cross over.
Price is just traveling around the moving averages.
Support:- 16400, 16300
Resistance:- 16480, 16640
Market can remain in red...
Bank Nifty has taken a support from its 200DMA and has closed above its resistance of 35300.
On an hourly time frame the market has closed between the 20 and 200 ema and a clear trend is still not decided.
The moving averages are close enough on 15 minute time frame and last candle has closed below both the moving averages.
Support :- 35300, 35200,...
Nifty has clearly taken support from its 20 DMA and is trading between its moving averages.
On hourly candle, it has closed below the 20 ema and was bearish in the second half of the trading session.
Support :- 16500, 16480, 16400
Resistance :- 16640, 16700
Market looks choppy and a clear trend is still not defined.
Wait for the price action near the levels...
EURCHF is consolidating right now in a box. Along with that, it's taking support from the trend line. Our first target is 200 EMA on 1D Time frame, Which would be around 100 pips. If it breaks 200 EMA on 1D, then we can aim for 1.05010 and that would be around 60-70 more pips.
Nifty has given a spinning top candle on a weekly close and is trading below its 20 ema.
On hourly candle, it has closed below the 20 ema and was bearish in the second half of the trading session.
It lost around 135 point in a single hourly candle and closed near the day's low.
Nifty still not closing above its 200 DMA and has fallen after taking a resistance...
As we can see NIFTY got rejected from important level of 16800-16900 which previously acted as a strong support which now is acting as an important RESISTANCE and now we can see nifty heading towards important support after getting rejected. As nifty just brokeout of an inverted head and shoulders pattern and there is a possible chance that the neckline of this...
NSE:AXISBANK
Axis bank can be considered for long trade at CMP for the target price of 722.
Disclaimer: This is a trading idea, not an trading or Investment advice. this is for the purpose of training and education for students. consult your financial advisor, Investment Advisor before taking any decision or do your own research. the author may enter into...
LTI CMP 4321 Long
price consolidating for some time .Looking decent upmove for intraday
Price structure good and bounce on the way towards 4400 4450 4500 Levels
As we analysed that nifty had been in tight range and it had been in that range throughout the day finally closed at very crucial level which is very close to its resistance level being 16700 and hence any closing above 16700 can show 17000 anytime sooner
titan creating higher high and higher lows like ascending triangle pattern
1-if its break the upside resistance then take a long entry
2-if its break the support of trendline and near support then take a short
long area 2234
short area 2213
As we can see BANKNIFTY finally broke out of a month long consolidation and an inverted head and shoulders pattern due to which we saw continuous green candles from that very level but on a cautious note we can see BANKNIFTY heading towards a psychological level which is 36000 and this level has acted as an important level before and hence if opens big gap up we...
Nifty on the daily time frame has given a nice bullish movement and has closed near to 20 DMA.
On hourly candle, it has closed above the 20 ema but it still in between the two EMAs.
Market has closed above its 20 and 200 ema. Nifty is weaker than banknifty, wait for it go give a move it can trade upto next targets.
Support :- 16210, 16080
Resistance :- 16400,...
