Nifty Weekly Expiry Analysis
Between the last expiry and today, Nifty50 has gained 359pts ~ 1.85% and broken 2 important resistance levels. We almost took out the 19776 resistance today but for a strong red candle @ 14.15.
Nifty Today Analysis
Recap from yesterday: “On the 1hr chart, the next target to break will be 19776 which is just 100pts away. Something...
Recap from yesterday: “I wish to just wait and watch for tomorrow and not get into an aggressive long position until Nifty50 has consolidated at the current levels. I wish to modify my stance to neutral from bullish. If we break the 19870 levels tomorrow — I wish to go short (bearish).” . I did not get into any new long position in Nifty, in fact...
Chart is self explanatory. Levels of breakout, possible up-moves (where index may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
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...
Nifty 50 is a trade line all given on this chart and all level support and resistance draw in chart if the market then the move up the side so target achieve target 1 and target 2 if then it is market is down falling then break down side and achieve the target t1 and t2 so let's begin next day where is the market running thanks.
A very strong correction has happened in Nifty Midcaps...
But are we out of woods yet.
This upside in the last couple of days is just a technical pull back form oversold zones...
I have market the possible hurdles on the rise and certain important levels of hurdle..
once technical bounce is complete then we will again see a range bound to negative trend......
📈 Thermax 📉
Thermax is breaking out from a resistance after testing three times. It was taking support at zone of 1650-1680 since December 2021.
On Buy Side I am looking for Targets of 2080-2100.
StopLoss should be kept in 1750-1780 zone.
It offers 1:1 Risk To Reward.
All Important Supports and Resistances are drawn in chart. All levels are on closing...
#DeepakFertilisers Is ready to fly as it broke the strongest level on monthly and weekly chart. Looks like there is a negative divergence on monthly chart and it has been resolved in lower timeframe ( weekly chart ). So #DeepakFertilisers ready to go long.
***** all my analysis are Only for educational purpose.. not a buy / sell signal.
1. Are you booked some profit or still looking for beautiful dp advisory.
2. AS always reference chart attached for your ready reference.
3. Wait soon next week chart will available here.
4. Thanx for your likes and support.
Hello traders another chart that caught my eyes was Mothersumi, I have analysed and traded it in the past.
Mothersumi is taking support from it's long-term trendline and also from the existing channel pattern it is trading in.
RSI have room for bulls.
MACD looks good.
Buy near - 210-215
Targets mentioned in the chart above
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In Continuation to the Nifty Midcap 50 (Study attached for reference below)
Have marked important levels for November as well
Sell on rise near the levels marked...
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