Good Morning! As we have been stating that in order to witness some favourable situations in the Market, we need a stable closing of above 17300-17400. Unfortunately, even after making a high at around 17373, the index gave a Flat closing on last Friday, on facing a supply pressure at its Resistance. Moving ahead, as Today is the last day before the Budget gets...
Nifty if breaks 17000 then further fall can be seen towards the next support. Till the time nifty is above 17000 possibility of upmove. All the important levels are mentioned on the chart. Disclaimer: All the levels are for educational purpose.
Good Morning! On Witnessing a beautiful bounceback in nifty around its previous support level of 17650, it seems like it has now become very important for the Market to sustain above the level of 17820 for the first 2 hours, today. After which, we can expect to witness a short recovery of upto 17900 - 18300. Hoping for the best. Moreover, as it’s a Month of...
Good Morning! As it was very much apparent, we have seen how Nifty has given a closing at a very crucial level of 18308.10 on the previous day, which however is very close to our stated level of Resistance of 18300. However, we are still quite positive for the Market, where if it manages to sustain above 18300, for the first 2 hours today, then we might witness...
Good Morning, In adherence to what we had stated on the last trading day of the previous week, similarly somewhat the same is our view for today as well, as no big momentum was observed in the Market on Friday. Where as of now we can see that Nifty is consecutively facing a Resistance at our stated level of Resistance at 18300. However, as per the chart setup,...
Since the gap up opening the market has made an upward move and made new all time high with the candles getting weaker with fall in volume. The market had good supply at the all time high which gave us a new supply zone. According to me the market will give a retest in an upward direction and the start its move downwards to cover the gaps. Watch out for Short...
Nifty in channel pattern as well as new Support. Act on price action and not someones call, they are right but thats there strategy and they know exactly when to buy or sell in live market as per the current day sentiments and trend. Make your own plan and trade, thank me later Follow For Price action charts
a pennant is a type of continuation pattern formed when there is a large movement in a security, known as the flagpole, followed by a consolidation period with converging trend lines—the pennant—followed by a breakout movement in the same direction as the initial large movement, which represents. Buy with stop loss close below 29.50.
Last week we gave a multibagger call at rs.9.30. I do not work in penny stocks. But some special information about it, and there was a break out on the charts as well. the possible target is 18.those who did not take it, do not buy now.
.show your ideas brothers and sisters,just tried some technicals
UNDERSTANDING TREND THROUGH SUPPORT AND RESISTANCE.
UNDERSTANDING TREND THROUGH SUPPORT AND RESISTANCE. DUE TO NETWORK ISSUE COULD NOT ABLE TO UPLOAD BANK NIFTY CHART.
UNDERSTANDING TRENDS THROUGH SUPPORT AND RESISTANCE. IN FIRST CHART I FORGOT TO UPDATE SHORTING POSITIONS.
UNDERSTANDING TRENDS THROUGH SUPPORT AND RESISTANCE.