22042 -- 22071 (No trade zone) If today's closing is below 22042 then there could be some corrections 📉 possible to below levels for (14th May ) If closing above 22071 then 22232 could test 📈 📈 within (15th May ) Disclaimer: Its a personal view not a financial advise and I assume no responsibility and liability whatever outcome arises.
Topic - # ABB INDIA // 4 Hour Time Frame For Long ABB INDIA LTD Areas What does ABB India do? The Company undertakes projects in the field of energy production, power transmission, transportation, process automation and pollution control. ABB India's products include pollution control equipment, switch gears and high current rectifiers.
👑 Daily Time Frame For Long Bank-Nifty Areas 👑 "Market is always open the next trading day" "Market god favors those discipline and patient" "The number 1 mistake traders make is to be influence by news" "Trading is a game of EQ not IQ" "Ocean rise, sampan rise. Ocean sinks, sampan sinks." "Focus on your own trading, even if the whole world lose money it...
📊 DETAILS Sector: Electric Equipment Mkt Cap: 104,267 cr ABB India Limited is an integrated power equipment manufacturer supplying the complete range of engineering, products, solutions and services in areas of Automation and Power technology. TTM PE : 86.26 (Average PE) Sector PE : 81.39 Beta : 0.81 📚 INSIGHTS MC Insights PRO Stock with...
Market showed reversal from day's low, after witnessing selling perssure from past few session. The Index formed a Hammer pattern on the daily chart, The imp hurdle is placed at 22,200... if sustains above the resistance level, more recovery could be possible towards next level Whereas imp support is placed around 21950 zone. However in case of Bearish...
Please find below simple resistance and support: Resistance: 22132 If crossed up then will see upward move: TGT: 22338 (1 small hurdle at 22186) Support: Trendline support although 21934 If crossed down then will see downward move: TGT: 21820 This is only for education purpose. Do your own research before investing or trading. I AM NOT SEBI REGISTERED...
NIFTY Intraday Trade Setup For 14 May 2024 Bullish-Above 22150 Invalid-Below 22100 T- 22430 Bearish-Below 21820 Invalid-Above 21870 T- 21600 NIFTY has closed on a positive note with 0.22% gain today. Index respected the lower trendline of the channel being followed in daily TF. Index has formed a Pinbar candle which indicates a potential reversal in the short...
Hourly closing below 21796 could trigger a 📉 📉 to 21632 If sustains above 21796 then could consolidate or could test 📈 22030 (22030 above in hourly closing is bullish 📈 📈 will update above targets if it sustains )
Banknifty has been trading in a rising parallel channel which is a bearish pattern. The support trend line has been tested 4 times and it is testing it again, closing around it. Even the weekly 20 Ema is around the closing of the candle. If there is a break down on the weekly candle after 2-3 days of consolidation or halt, there is a high chances of bearish...
Nifty is around the ATH and there is profit booking at the higher levels. The market is spending time near the high and last week too it has test the ATH. Seller are there in the higher levels and closing of the weekly candel is dicey. Higher time frame is showing some RSI bearish divergence and market is forming grave stone doji on the daily...
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NIFTY Intraday Trade Setup For 13 May 2024 Bullish-Above 22150 Invalid-Below 22100 T- 22235 Bearish-Below 21930 Invalid-Above 21980 T- 21680 NIFTY has closed on a bearish note last week with 1.87% cut last. Last week we discussed that there is a possibility of short term downside move below 2nd leg Shooting Star's low- 22340. Index triggered the short trade and...
Please find below simple resistance and support: Resistance: 22093 If crossed up then will see upward move: TGT: 22131 Support: 21984 If crossed down then will see downward move: TGT: 21813 This is only for education purpose. Do your own research before investing or trading. I AM NOT SEBI REGISTERED ANALYST, SO BEFORE TAKING ANY DECISION CONSULT ANY...
📊 DETAILS Sector: Finance - NBFC Mkt Cap: 42,401 cr L&T finance Holdings Ltd is a NBFC and offers a diverse range of financial products and services such as Farm equipment finance, Two wheeler finance, Micro Loans, Consumer loans, Home loans, Loans against property (LAP), Real estate finance, Infra finance, Infra Debt Fund and other services. TTM PE : ...
Updated trend analysis. Based on the huge selloff on 7th May 2024, the trend analysis of Nifty 50 has been updated with new continuations and reversals support and resistance areas. - An old gap below 22200 might get filled - Expected bearish continuation - Expected bullish reversal
Please find below simple resistance and support: Resistance: 21915 If crossed up then will see upward move: TGT: Support: 21783 If crossed down then will see downward move: TGT: 21812 This is only for education purpose. Do your own research before investing or trading. I AM NOT SEBI REGISTERED ANALYST, SO BEFORE TAKING ANY DECISION CONSULT ANY...
The Daily Candle on Nifty on friday was bearish forming a double top with a high at 22775. This is now resistance. Support is at 22100 and above the channel bottom. All stocks were trashed as Nifty formed resistance. Be stock specific, sometime, these kind of days will give good opportunity to enter stocks at 3 to 5% lesser which have inherent positive trend but...
If this hourly candle closes above 22076 then shortcovering could be possible to above levels Any closing below 22081 📉 📉 📉 Disclaimer: Its a personal view not a financial advise and I assume no responsibility and liability whatever outcome arises.