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.
in here i used some new technology indicators i hided them but basically when candle closes above the level in the higher time frame you can wait at the opposite wick and take a recement entry and hold there , remember to trail always
We still saw sideways to volatile market today as neither of the levels had been breached but it is coming near to a very strong support which previously acted as a resistance which is 37500 which is also a psychological level wherein we can make a new buying position with small stop loss for a minimum of 300-400 points from that level! Wait for the either...
As analysed we did see a sideways to very volatile market today and expected to remains sideways until the following level breaks to confirm the trend! The most eminent level is 38000 which will act as a great support on which’s break we can see a downfall till 37500! For bull run to continue we must wait for BANKNIFTY to break above 39000 and sustain for confirmation
Education purpose only May be changes for Bullish
BANKNIFTY finally showed some bearishness in smaller time frame but in a bigger time we can still see bullishness Important level to watch is 38500 on which break we can further see bull run to continue as it will not only break the range but also break the trendline above For downtrend to continue we must wait BANKNIFTY to break below 38000
The Chart itself tells that the Breakout has happened with huge volumes. The stock is above all the 21 - 55 - 89 - 150 -200 EMAs. Disclaimer : This is my personal analysis for study purpose not intended for trading
Grasim on a weekly and daily time frame looks bullish once it crosses and closes above 1878 level. It can test it's ATH and make new high in the coming week. On Fibonacci retrenchment level target can be 197,2016 and 2077. Wait for the breakout.
Only entre in this trade when TATA MOTORS crossed 506 level fundamentaly & Technically stock very nice . & hold the share for target before 506 Stoloss 475 rupees.
As expected and analysed last day we did see a selling pressure below 38600 and fell over 200++ points but ended in a flat note! As it has already broken down the rising wedge pattern we can expect BANKNIFTY to fall further till 38000 if sustained below 38400 tomorrow! Fresh buying can be made if BANKNIFTY couldn’t break 38500 mark below which is also a...
1 hour trend up 30 minute trend up TAKE TRADE ON 15 MINUTE CHART ENTRY ABOVE DEMAND ZONE AT 138.65 SL BELOW DEMAND ZONE 137.80 TAGET BELOW SUPPLY ZONE 141 NSE:RBLBANK
Go For long , after 140.50 is taken out by open and close in 4 hours time frame , Why ? Continuous Downtrend , consolidation at bottom , seems trend is going to end.
DIXON TECHNOLOGIES made head and shoulder pattern in Daily time frame and also in hourly time frame.. Wait for Head and shoulder pattern breakout.. for short term trades Stoploss below 5389 Target 1 : 5845 Target 2 : 6045 Target 3 : 6195 for education purpose only...
NEAR longterm resistance zone 420/460 major supprts risky SL 485 Position sizing based on Risk = 1000
NSE:BANKBARODA fix you stop loss as per your R;R like👍❤❤❤
As we seen in bigger time frame, we can see BANKNIFTY making higher highs but we can see RSI ( Relative strength Index ) which is also known as momentum indicator which shows that momentum is slowing down though the spot chart showing strength! We can also see that BANKNIFTY closed around important psychological level which is 36500 which is the neckline of W...