CNX100 Hi Guys, Today I SHare My View on the Nifty-100 Index
Explanation in Simple Way:
It looks like a Rising Wedge Pattern that Makes Higher Highs and Higher Lowes
On Dec-4 it Breaks the Resistance line and Moved 6.13%~ We Have more than a 7% move on the Upper Side
Focus on
This Is Not a Stock Recommend Don't Take any Trde Based on this , I Just Share My View
Nifty100
RISK ON Signal Generated! Nifty 100 Set to Outperform Nifty 50Attached: Nifty 100/ Nifty 50 Daily Chart as of 26th May 2023
A Risk On Signal has been generated where Nifty 100 is Set to Outperform Nifty 50 to meet its Cup & Handle/ VCP Pattern Breakout Target
When this happens the Broad Market goes on a Risk On Mode
So Bulls it is your Time/ has been your Time and it is going to Accelerate further in your favor
Play Longs, More Money is to be made in the Long Trade
Airtel Analysis - Downtrend of Telecom Sector????Airtel looks bearish on Monthly TF due to drop in delivery% and Bearish Divergence on RSI.
Detailed note for bearishness has been updated on the chart.
This is solely my view and for educational purpose only.
let me know your thoughts in the comments section
Bajaj Auto AnalysisBajaj Auto looks bearish on Monthly TF by forming a shooting star and a bearish engulfing in Weekly TF and Bearish Divergence on RSI.
The Target & SL has been updated on the chart.
This is solely my view and for educational purpose only.
let me know your thoughts in the comments section
Adani Ports - Possible Correction Adani Ports looks bearish on Daily & Monthly TF due to drop in Long wick candles on Monthly and a Bearish Divergence on RSI in Daily TF. A rising wedge pattern is currently being formed a daily TF.
This is solely my view and for educational purpose only.
let me know your thoughts in the comments section
Adani Green - Possible CorrectionAdani Green looks bearish on Daily, weekly & Monthly TF due to oversold region on RSI.
Accumulation is completed and a possible distribution (Double Top) and reversal is expected
The Target & SL has been updated on the chart.
This is solely my view and for educational purpose only.
let me know your thoughts in the comments section
Adani Enterprise - SELL NOW !!!Adani Enterprise looks bearish on Monthly TF due to significant drop in delivery% and currently trending in oversold region on RSI.
Price - Volume Divergence is key here.
This is solely my view and for educational purpose only.
let me know your thoughts in the comments section
#NIFTY Intraday Support and Resistance Levels - 24/01/2022This channel provides Nifty and Bank Nifty analysis and provides swing trades for equity.
The channel is also a provider of technical knowledge on technical analysis .
This is merely a recommendation channel, so please do your own analysis as I am not a SEBI registered analyst.
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Regards
Rising Bull💯
#risingbull #trader #ashishgendle #india #nse #bse #stock #markets #stockmarkets #trading #investment #nifty #banknifty #bank
Nifty100 : - Stocks AlgoDear Members,
Are you busy with your daily routine work during market time and not able to do invest with low risk?
No worries, we are coming up with Algo Indicator in Stocks also.
Please gain and increase knowledge to do Algo in Equity stock also.
In this ALGO we have selected Nifty100 stock only. Daily we will select four stocks for next day trading as per technical analysis and trend line breakout. Risk: Reward ratio is 1 : 1 ( means 1000 loss and 1000 profit in one stock) also we have set trailing stop loss to reduce risk in trade. This is fully Algo for intraday trading.
You can select your own stocks base on your knowledge or as per your analysis.
Regards
Kirit Chavda
IDEA Strongly Bullish ✈🔥🔥🔥IDEA as on 03 Jun 2021 appeared strongly Bullish. it started trending in upward direction as soon as it opened. It generally happens when there's strong positive sentiment in the stock. Makes it attractive. Chances are good of this upward journey continuation. As we can see the stock is making a big green candle today which is sign of strength. One can buy IDEA for a long term investment.
Targets :-
T1 : 10.5
T2 : 11.8
T3 : 13.15
T4 : 14
T5 : 15
SL : 7.55
Duration : 6 Months to 24 Months
Note:- I am not SEBI registered . All Views and trade setups are my personal view and my personal trade setup.
Also, do check the below related ideas for other stocks.
Tata Motors : Strong Pull BackTata motors looks good for positional trade. The stock has broken it's Descending Triangle Pattern and gave a breakout. If it crosses the resistance zone that is between 337 to 342, we can expect a good upward movement in this stock.
Please feel free to share your valuable feedback :)
ITC showing high volume and is a good stock to go long.Target 235
Stop loss 210.15
LONG BUILDUP in futures
high volume
5-Day 2,542,625
10-Day 1,936,257
30-Day 1,306,308
Company with low debt.
P/B 4.11
P/E 20.04
Security-wise Delivery Position
(17-MAY-2021 EOD)
Quantity Traded
3,80,01,828
Deliverable Quantity (gross across client level)
1,28,54,695
% of Deliverable Quantity to Traded Quantity
33.83 %
Todays outlook
212.75
0.50 (0.24%)
Breakout in SUBEXLTDDisclaimer :- This is not any buy or sell recommendation. This is just my view on this counter. Kindly consult with your financial or investment advisor before investing. Thank you !!
There is a fresh breakout generated in SUBEX on daily chart.
Next levels as below :-
First Resistance :- 50.00
Second Resistance :- 68.00
Third Resistance :- 82.00
Support Level :- 23.00
Thank You !!
Happy Trading !! Happy Investing !!!
nifty 100 11 year trendline resistance touched with ...on 6 month Time frame ... nifty100 last 11 years trendline of resistance touched in december 2020 with confluence of RSI meeting its MA which will act as strong resistance ... net net ... next 6 months will be make or break for nifty stocks . lets see ...which way this camel will turn .