BANKNIFTY as analysed reversed exactly from 39400 levels and made a low toll 39000 which is also a important support and a psychological level and also had been an important RESISTANCE which also acted a neckline for inverted head and shoulders pattern! Now if BANKNIFTY sustains above 38750 we can still make long positions ! No shorting unless gaps down Ana...
BANKNIFTY now hitting final RESISTANCE which is around 39400 as this was the place where BANKNIFTY finally broke below head and shoulders pattern and started its downtrend form its all time high! Hence we are expecting this level which is 39400 act as a RESISTANCE as previously acted as a support! If this resistance is broken above then we can also see ATH in...
Bank nifty has been trading in a parallel channel. Whole day the market was trading in a parallel channel just after a gap up and movement in initial 15 minutes. Wait for the parallel channel to break. Hope you see levels and trade with the break out.
NSE:HINDPETRO Entry Rs 298.1 or Below Target 344.8 SL 272 Time: 5 Week CMP 298.5 HPCL Ltd is trading at 298.5 prices has started moving upward from the lower levels. The stock price is stopped before reaching to demand zone , even in the current nifty downfall , HPCL price did not reach to demand zone. price is now looking to move upward. Buy and hold...
NSE:TATACONSUM Entry Rs 725.1 or Below Target 775+ SL 698.8 Time: 2 Week CMP 739 Tata Consumer Products Ltd is trading at 739 prices is reaching towards Demand zone. Buy and hold for the 2 weeks. Disclaimer: the author may enter in trade, take your own decision , This is a trading idea, not an trading or Investment advice
banknifty is looking good for big move and tommarow is budget 2022 so it will be a trending day
risk: Reward ratio is 1: 2 Rest as per Charts ******** Note - One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells “where” to act in “what direction. Unless it triggers, like, let’s say the candle doesn’t break the level which says “Buy/Sell if it breaks”, You should not buy/sell at...
risk: Reward ratio is 1: 2 Rest as per Charts ******** Note - One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells “where” to act in “what direction. Unless it triggers, like, let’s say the candle doesn’t break the level which says “Buy/Sell if it breaks”, You should not buy/sell at...
As we analysed that we can see a strong upmove if 38000 is broken above and we did see a high made till 38450 but eventually fell on last trading hours! Now BANKNIFTY is trading at very interesting place as its closing had been around the neckline of inverted head and shoulders pattern and hence we can still expect bullishness in BANKNIFTY unless it closes below...
SBI Cards and Payment Services Ltd SBICARD Daily Chart Outlook Date:-28-01-2022 Day Chart, In Higher Time Frame Chart Reverse From 760 Support Level Respect 61.8 % Fibo(Near By Consider) 1 HR Chart SBICARD Respect Strong Resistance Line Recently Made Cup & Handle Pattern The Chart is telling in upcoming days SBICARD will Good Opportunity To Buy (If Chart Break...
risk: Reward ratio is 1: 2 Rest as per Charts ******** Note - One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells “where” to act in “what direction. Unless it triggers, like, let’s say the candle doesn’t break the level which says “Buy/Sell if it breaks”, You should not buy/sell at...
risk: Reward ratio is 1: 2 Rest as per Charts ******** Note - One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells “where” to act in “what direction. Unless it triggers, like, let’s say the candle doesn’t break the level which says “Buy/Sell if it breaks”, You should not buy/sell at...
Here Today's Participant wise Open Position data. In today's we can clearly see FII covered their long as well as short. Today They covered 38,478 longs and 15,750 shorts now they have 42,913 longs and 86,419 shorts. On the other hand Retailers also covered 10,870 longs and 21,214 shorts and now they hold 1,99,156 Longs and 1,30,564 shorts. Propritary desks ...
Something cookiing in gold mini. weekly contraction + traingle breakout on cards. rsi near 60 too once it breaches 60 can pick up some momentum. Detailed Analysis is given on chart
BANKNIFTY finally showed some strength from our support levels as it didn’t break last days low but instead we saw a big green candle more like an engulfing one from our support zone showing strength and hence we can make new long positions as soon as BANKNIFTY breaks last trading days’s high which is around 37800 which has also acted as an important RESISTANCE...
risk: Reward ratio is 1: 2 Rest as per Charts ******** Note - One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells “where” to act in “what direction. Unless it triggers, like, let’s say the candle doesn’t break the level which says “Buy/Sell if it breaks”, You should not buy/sell at...
Confluence : 1.Around 190 days consolidation breakout 2.Weekly Breakout with Bullish Momentum 3.Monthly Breakout with Bullish Momentum 4.Trendline Breakout 5.Higher High Formation 6.All Time High
Hi This is our weekly forecast, in this we are updating our weekly neowave view for bank nifty and 8 stocks. If anything changes in the count we will update you next week if you have any query, than write in comment box. Thank you.