Nifty View: Benchmark Nifty index slips 30 points in the last session of the week to post a close at 14,890. The index is now dealing with a strong zone of supports within (14,800-14,900). The nascent short term up trend is trying its best to hold on and not slip back to a reversal, again. And for this the index needs to sustain above 14,800, or else we will be...
#NIFTY 50 ANALYSIS FOR 12/04/2021 #SYMMETRICAL TRIANGLE FORMED #IF YOU LIKE DAILY ANALYSIS FOLLOW AND SHARE
Heidelberg cement is a midcap comany with a good fundamentals. However the sector and stock is a slow mover hence it will suit long term investors who are willing to add cement sector.
ALL LINES ARE VERY IMPORTANT EXIT BEFORE TOUCHES EACH OTHER LINES ITS NOT S&R, LINES R BASED ON MINDSET OF BUYERS AND SELLERS
As analyzed it was a Range-bound day and in the last hour, we saw selling which was updated in our Premium Trading rooms around 1:00 PM. I mentioned Spanattack (time-based price action) Strategy which is giving around 80% accuracy until now. All our Trading Rooms would get Spanattack Strategy before market hours. Expectations: Trending Day. Intraday...
Nifty View: Quite an eventful day for the benchmark Nifty in today’s trading session. The index did manage the anticipated breakout above the psychological 15K mark, but then towards the end slipped significantly. At a close of 14,937, the index is still below the jinxed 15K mark. It was the banking stocks that disappointed the index most in today’s session and...
NIFTY 50 ANALYSIS BULLISH ASCENDING CHANNEL FORMED FOLLOW US FOR DAILY UPDATES SHARE WITH YOUR NEARONES
As shown in the picture Bandhan bank will probably break the previous high, retrace or will come back down and then shoot up, Good luck
After forming a rounding bottom pattern + Inverted head and shoulder pattern, Nifty is looking bullish as long as above 14900. We may see new all time highs in the coming weeks.
Nifty Important Support & Resistance Levels - 8-Apr-2021
Buy Level = Above 14890 (Target 1 - 15000, Target 2 - 15330) Sell Level = Below 14750 ( Target 1 - 14600, Target 2 - 14500) Please comment and let me know if you have any other ideas or observations or queries. Please feel free to reach out to me on Trading View.
EXIT 30 POINTS BEFORE TO TOUCH ITS NEXT LINE ITS NOT S&R ONLY RED LINES R S&R IF ANY CANDLE TOUCHES LINES THEN U CAN CONCLUDE THAT IT WILL MOVE FURTHER
Nifty View: It was a good day for the benchmark Nifty index as it extended its rally further. A look at the 75-minute chart suggests that prices are on the verge of a break out from an ascending triangle. The underlying short-term trend is still very much up and a break above this triangular pattern will set in fresh buying impetus for the index and the overall...
Script - Nifty 50 CMP - 14683.50 Resistance - 14780 Daily Charts Current pattern (if any) - Looks like a symetrical triangle which is a bullish pattern Candlestick Trend / Pattern - NA DMA - Neutral MACD - Neutral / Bearish RSI - Neutral Divergence - NA Hourly Charts Current pattern (if any) - A small rounded bottom bull pattern Candlestick Trend / Pattern -...