BANKNIFTY INTRADAY SUPPORT & RESISTANCE LEVELS FOR [24-05-2022]NSE:BANKNIFTY
bank nifty analysis important levels are marked on the chart.
please always trade with stop loss to avoid big drawdown.
Happy trading & keep learning
Nse
Paytm exactly played my pointsEvery time i shared all the buying and selling zone of paytm and again you can check my previous analysis of paytm n compair it with this post. I shares quality analysis with you but not getting that appreciable support you can check and compair all my post you'll get it
TANLA : Looking for buy!TANLA is looking for a great buying opportunity for the move to the upside after having 45% correction. Expecting first TG to reach at 2100. Second TG 2700
Nifty Trade Plan : 16 May 22 onwardsLevels as mentioned on the chart
Wish You Happy & safe trading
Views are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk.
"Always Respect Risk"
Happy Trading
Jai Hind Jai Bharat
DJI weekly ChannelDow is trading near weekly channel support line. Reversal or break. Waiting for any confirmation.
KEI FOR SWINGMakkale focus KEI for swing. And kindly don't forget that the market is still on sell on rise, so take trades cautiously with proper risk reward and money management.
CHEMCON : Looking for Buy!CHEMCON is looking for great buying opportunity for the move to the upside & expecting TG to reach at 600
BANKNIFTY is in DANGER I call it the dump as the price is unable to break out and it wants to drop
Happy Trading
#BANKNIFTY
NSE Adani Ports Is Growing But The Truncation level is there Key Level: 824 & 853
Adani Port has broken down the corrective wave X and started forming an impulse wave ((5)).
Price had broken down the 8-month-old correction, and Adani Port surged rapidly. Adani Port can u-turn from 1.618% at 1049 . It is a reverse Fibonacci of wave ((4)). Currently, the price is at the 78.6 % reverse Fibonacci level at 853.
If Adani port fails to break the previous high at 901 , there will be a case of truncation. It shows that the current impulsive move has a lack of demand pressure. Then the decline will be 3x more powerful than the normal corrective wave.
NIFTY : Time to be Bullish!NIFTY after having correction for almost 205 days now is the time to go for long! Don't focus on crypto stuff going on. Buy high quality shares which has fundamental numbers!
DMART : Looking for Buy!DMART is looking for great buying opportunity after having 40% correction & formed descending channel, expecting Target to reach at 6000
NIFTY : Time to be bullish!Nifty after having 192 days of correction in the market because of Ukraine & Russia scenario going around, Interest Rates & Inflation rate. Time to buy high quality stocks on portfolio. Especially the IT sector, Pharma, & FMCG.
techm nse indiaIT stocks are trading in nearby 200dma
using benifits with swing and daytraders,
check it all it stocks.
ROUTE : Expecting to reach at 3300Route is looking for a great buying opportunity to the upside, after having 42% correction & has the descending channel within it. Best time to enter this trade an expecting TG to reach at 3300
Close short As i discussed exactly that happened, now this is new zone to close short, and to open long for short duration
NIFTY : Expecting to reach at 16000 NIFTY expecting to reach at 16,000 for a correction of 4.13% then we can expect a big move to the upside. Best time to take the advantage & buy high quality shares.
Latent View- BUYLatent view is at a strong support zone. It is retracing back to its previous breakout level. Buy around 436-440 for a target of 465/478.
SL-425-427
LICHSGFINWith Mega LIC IPO around the corner, We can see some action this script of LIC as well if it breakout with huge volume only.
Trade cautiously and keep your position size in check because of huge volatility.
Happy Trading :)
Disc: Chart posted only for learning purpose.
Indusind Bankscript was in a long consolidation below 200 EMA. By giving a huge volume breakout from a wide supply zone of 1000( Big round number/psychological level), we can safely say that a momentum can take place on upside in upcoming weeks.
Enter accordingly near 1010-1015
Tgt for 1130/1185
SL of 950
Though with high volatility in markets now-a-days, and where many breakouts failed frequently and miserably. We should control the position size in such breakouts according to current market structure.
Happy Trading :)
Disc: Chart posted only for learning purpose.
Mid-week Nifty plannifty been consolidating in a broad channel of 17400-16800. I will trade rest of the week according to these levels marked on the chart itself.
Happy Trading :)
Disc: Chart posted only for learning purpose.
Bankniftybank nifty fomed a triangle pattern any side movement will leads to a good move in positional trade plan accordingly
TRADING PLAN FOR NIFTY AND BANK NIFTY FOR 1-05-2022LEVELS 29-11-2021 NIFTY
RES- 1. 36220
2.36440 17130
3.-------- 17220
SUP-1.35920 17000
2.35750 16960
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