Reliance recently rallied heavily and needed a correction . All time high has been broken and reliance is managing to sustain above all time high with also a harmonic bullish bat pattern of a minor swing and also important fib numbers of different swings . Anything above 2360 levels in RIL is a reversal.
Nifty will open above 17900 level in today's session. After opening if nifty sustain above 17940 level then expected it will extend its bullish rally towards the new high 18000+ level in today's session. Downside correction movement possible if nifty not sustain above 17940 level.
Hello traders, As per the chart pattern, it looks like bank nifty is heading towards the complex correction..
CMP: 452 Weekly chart. The stock is consolidating near ATH. It has made a W- pattern. Support has been mentioned in the chart. It can head above 560 if it manages to hold this support.
The stock touched the support and bounced back . A breakout has also happened . The bull run has started in INDUSIND Bank .
Understanding trends through support and resistances.
NSE:DELTACORP Delta corp stock /share just given good breakout with huge volume on bigger time frame. Everything explained on chart. ******whatever charts or levels sharing here are just for educational purpose only, not a recommendation. Please do your own analysis before taking any trade on them. We are not SEBI...
uderstanding trades of banknifty future for 27.09.2021.
The chart covers major dips on sensex, everytime it was near a new 10K milestone. 20000 - 50000, Are we closer to a similar 10%+ kind of fall near 60K milestone ?
NSE:TORNTPOWER As One can see on the chart if Torrent Power Share cross and sustain above 510 then after this break out we might see 700 +/- in coming days. As this is long term positional view of torrent power share here stop loss also quite big 436 closing basis. ******whatever charts or...
while i am going through some charts i found this but i dont know am i reading this right or wrong and i dont know where to put support and resistance line... if anyone seeing this please tell me where to put support and resistance line
Nifty bank just broken resistance second time.. may be this is a breakout
CMP: 840 The stock has been rejected multiple times from 850. Same happened today. Some consolidation or a down move is expected in this stock. If it manages to hold the support levels 795 and 773, it can make new ATH and we may see higher levels. Expectation: 891, 933
Major hurdle for nifty as of now is 18022 which will act as a major resistance and supply zone
Chart is self explanatory. Entry, Targets and Stop Loss are mentioned on the chart. Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
bank nifty long target is 37942 stop loss 37585 only trade at your own risk
Understanding banknifty future trades for 24.09.2021.
Apparently it was a BOX breakout during the last video of Nitin Sir. Again it tried to give similar breakout on 09AUG week and Failed. 2 Failures on Breakout. Not a great SIGN , followed by a red Candle similar to 10 May 2021 Week. So KOTAK has spent 5 months i.e around 100 TRAding days in this BOX 150 Points. Makes it real interesting One.