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,...
Bank Nifty on the daily time frame has given a nice bullish movement. On hourly candle it has closed above the 20 and 200 ema with a bullish moving averages cross over. The moving averages on 15 minute time frame are close enough. Market has closed above its 20 and 200 ema Support :- 35400, 35200 Resistance :- 36000, 36230 Market has given a bullish closing....
The stock is consolidating in a rectangular box pattern. Its trading in a narrow range of 70 point for 22 trading days. Wait for the daily candle close above or below the box. Support :- 1550, 1490 Resistance :- 1615, 1660 Watch the price movement near the last hour of trading session. Price action should be watched for a confirm swing trade.
Bitcoin trading in a descending triangle formation after fall. It has been consolidating in a range after failing to hold its 20 ema on weekly chart. Bitcoin has recently tested its weekly 200 ema has is consolidating just above it. There is a resistance and a support which has been tested many times and once broken can give nice targets. Support :- 27100,...
Bank Nifty on the daily time frame has given a nice hammer candle and has closed above its daily 20 moving averages.. On hourly candle it has closed above the 20 and 200 ema. Market remained bullish in the second half of of the day. The moving averages on 15 minute time frame are close enough. Market has closed above its 20 and 200 ema Support :- 35000,...
Nifty on the daily time frame has given a nice hammer candle. On hourly candle it has closed above the 20 ema and closed just below the resistance level of 16200. Market remained bullish in the second half of of the day. The moving averages on 15 minute time frame are close enough. Market has closed above its 20 and 200 ema Support :- 16080, 16000 Resistance...
Cipla has been consolidating in a narrow range and is near a break out of trend line. The stock is forming a inverted head and shoulder pattern on higher time frame (4 hour). The moving averages are close and stock has been taking support from its 200 ema. Support :- 963, 941 Resistance :- 988, 1008 There can be a moving averages bullish cross over. Wait for...
Bajaj finance has been trading in the in triangle formation. On a daily time frame analysis, there is a bearish moving average divergence. The stock has been taking support on its 20 ema on hourly time frame. The markets are volatile. So, wait for the price action and a break out of the triangle. Support :- 5753, 5655 Resistance :- 5900, 6000, 6120 Wait and...
Bank nifty has been facing a clear rejection from its resistance level of 34800. The market has been taking resistance from its 20 ema on daily time frame and support from its 20 ema on 4 hour time frame. The market has been taking support from its 200 ema on 15 minute time frame. Support :- 34135, 33970 Resistance :- 34376, 34780 The market has dropped from...
Nifty has been taking resistance from its 20 ema on daily time frame. Market has been constantly taking resistance from 16400 level. On 15 minute analysis, bearish moving averages divergence is there and market has closed below both the moving averages. Support :- 16000, 15900 Resistance :- 16210, 16400 The markets has in red for last 3 days. Wait for the...
The following levels given is based on multiple touch points showing nifty at crucial level of 16000! if nifty opens below 16000 then we can see this level to act as a strong RESISTANCE and continue its downfall on the other hand if opens above 16000 then we can make new buying position until 16000 is broken below
As we can see NIFTY after a good bull run in the first half, we saw some rejection from the gap pending! since NIFTY got rejected from same levels for more than 3 times, we can expect NIFTY to break and fill the gap till 16600 hence we can go long as soon as the last trading day’s high is broken which is around 16450 else we can see NIFTY to remain sideways if...
NSE:NIFTY Nifty Analysis foy May 16,2022 cmp 15,782 Nifty at Important level of weekly demand zone, downside possibilities look very low. wait if the zone is getting support look for long. #nifty #nifty50 #equity #equityteachor #equitymentor #options #multibaggeridea #stockoptions #indexoptions #call #put #trading #stockmarket Disclaimer: This is a trading...
NSE:HINDALCO Hindalco at weekly support level May 16,2022 cmp 388 Hndalco is Important level of weekly demand zone, downside possibilities look very low. can be considered by long position with SL 347.1 #nifty #nifty50 #equity #equityteachor #equitymentor #options #multibaggeridea #stockoptions #indexoptions #call #put #trading #stockmarket...
NSE:HINDALCO Requested to First see the analysis linked below posted yesterday. Irrespective of market conditions weekly support worked and a strong bounce-back was given, those entered in trade , buy-side , hold. origional message Hindalco at weekly support level May 16,2022 cmp 388 Hndalco is Important level of weekly demand zone, downside possibilities...
In an weakly time frame of USDCHF touched the trendline resistance level to move downward of long bearish candle moment, then market moving to downtrend