Bank nifty has given parallel channel break out and above its 20 and 200 ema, 15 minute chart frame. On an 60 minute chart frame, it has crossed it 200ema and closed above it. It has closed just below the resistance level of 35930-50 but nifty has closed on a bullish note. Markets may open gap up. Support :- 35800, 35630 Resistance :- 36135, 362560,...
as we analsyed yesterday we saw a sideways market but heading towards an important psychological level which can also act as a resistance and hence we should now wait for BANKNIFTY to sustain above the given level hence important level to watch is 36000 for tomorrow, if opens weak then again we can see BANKNIFTY sideways
Look like very good breakout and well above the trendline and moves towards the target of 350, 370 and it is even retraces very good accumulation upto 280
On daily time frame, the stock is trading just near the resistance level of 1765-75. The stock has closed just below the resistance level and 20 ema. Once the level of resistance and 20 ema breaks, the stock can give a good up move. Wait and watch for the chart pattern to form near the levels. Support and resistance levels are there in the chart itself.
Proper chart pattern is being followed in HDFC. Stock after the break out has retested the trend line. HDFC has closed just near the support level and slightly below the 20ema. If the stock form any bullish chart pattern, targets are there in the chart itself. This trade can become a swing trade for the traders.
Axis bank has given a descending triangle pattern breakout. Though the stock has closed just below the resistance level of 726. The breakout has been confirmed with the volumes. RSI is also showing a bullish divergence on 15 minutes time frame. Levels are mentioned on the chart itself. Wait for the price action confirmation near the levels for entering the trade.
The stock on 4-hour time frame has closed just below the crucial resistance of 745-50. If the stock closes above the 745 and sustains on a hourly time frame, entry can be made. 20 and 200 moving averages are converging. Finally, 20 ema has crossed over the 200ema. Wait for the price action near the resistance level. Support and resistance levels are marked...
Banknifty on a 15 minute time frame, had given a break out above the parallel channel in the last 15 minutes of closing. Market has closed above the parallel channel consolidation, the 20ema and below the resistance level of 35420-50. On chart analysis banknifty is somewhat strong. It can be bullish above the level of 35635 and the 200 ema. RSI indicator shows...
As we analysed yesterday that we might see weakness below 35400, but it did opened gap up and hence though it broke below 35400 it did closed above 35400 giving a hope for some Reversal! Again if it opens gap up we might even see a strong Reversal on the other hand if opens flat to weak, we might see one sided fall of 400++ points so keep watching 35400 being an...
NSE:NIFTY Buy Call Nifty for 09.03.2022 CMP 16,013 Qty: 1 Lot Shares Buy ( Nifty Call) Nifty has formed demand in 1 Hr and 1 Day time frame so Fresh long position can be taken, Buy a Nifty call when it is in range as shown in graph and not volatile. Nifty 200/- points profit can be expected. Stop-loss Line indicated in the graph in case nifty goes below SL...
NSE:NIFTY Hi This is a review of the last posting , I think my analysis was correct up to a great extent, i want to know someone has taken a position based on analysis. and earn some profit.
NSE:ULTRACEMCO Entry Rs 5950 - 6010 Target 6250 SL 5860 Time: 2 weeks CMP 6052 Qty: 20 Shares UltraTech Cement is trading above the demand zone and the downside looks protected.
NSE:NIFTY CMP 16,630 Qty: 1 Lot 1. Buy a PUT 16,800 when Nifty at 16,775/- ATM put when the market is stable ,15-20 rupees volatility is observed due to changes in IV. 2. Buy a Call Strike 16,400/- when nifty at 16,415 /- or near buy. 3. Rest of the nifty points do nothing. Disclaimer: the author may enter in trade, take your own decision ,...
NSE:ASIANPAINT Entry Rs 2910 to 2930 Target 3150 SL 2865 Time: 3 weeks CMP 2930 Qty: 50 Shares Asian Paints ltd started moving upside after a long downfall, recently formed demand zone in 1 hr time frame. Buy and hold Disclaimer: author may enter in trade, take your own decision , This is an trading idea not an trading or Investment advice
NSE:INFY options Buy Call 1880 Rs 32 to 35 SL: 29 Target: 60 Infosys Ltd is in uptrend and formed demand at 1845 to 1856. 1920 + it will face selling pressure / resistance but can form a new high with a large upside move, a good opportunity to buy a Call. Disclaimer: the author may enter in trade, take your own decision , This is an trading idea not an...
clear your vision with Titan Buy Call @2600 Entry Rs 2600 to 2620 Target 2760 SL 2540 Time: 1 weeks CMP 2616 Qty: 50 Shares Titan is moving downside since last 4 trading days . Below is the demand zone so it must bounce back and continue the upward journey. 2543 to 2595 is an demand zone for the script. so Buy and hold for two weeks. Options: Expiry:...
Swing Trade opportunity in PVR. One can enter above 1350 for targets of 1490 and 1800. DISCLAlMER: All ideas are only for educational purposes. I am not SEBI registered.
Kotak bank has closed just above the support level of 1700-15 On a daily time frame, a doji candle is formed. Wait for the price action to form a pattern near the levels Support:- 1700, 1550 Resistance:- 1825, 1960 Kotak bank can become a swing trade if the trend is final.