Tuesday Fib Levels_13_12_22The Fib Levels for Nifty and Banknifty is listed for 13-12-2022. You can add this levels to your trade setup for better results. This should not be the only indicator but an additional tool to increase your winning possibilities.
How Does This Work>
The three levels on both sides are usually easily achievable. The Targets above are bit difficult to achieve in a single trading session. I use this fact to write intraday positions and to buy options.
Disclaimer: This is shared in the interest of educational purpose and for knowledge enhancement. Kindly refer it in the same light. I am not responsible for any profits or loss incurred based on this information.
Optionstrading
Triangle pattern Reversal in IPCALABIPCALAB
Key highlights: 💡⚡
📊On 1D Time Frame Stock Showing Reversal of triangel Pattern .
📊 It can give movement upto the Reversal target of above 920+.
📊There have chances of breakout of Resistance level too.
📊 After breakout of Resistance level this stock can gives strong upside rally upto above 1090+
MCDOWELL-N looking good for coming days#MCDOWELL-N... ✅
INTRADAY/ Short term delivery call as well
All levels given in charts ...
IF good potential seen then we work in options also if activate then possible a huge movement Keep eye on this ...
We take trade only when it activates...
Possible to give good target
Bearish flag pattern reversal in TECHMTECHM
Key highlights: 💡⚡
📊On 1H Time Frame Stock Showing Reversal of bearish flag pattern reversal.
📊 It can give movement upto the Reversal target of below 1030-.
📊There have chances of breakdown of support level too.
📊 After breakdown of Support level this stock can gives strong downside rally upto below 450.
Falling wedge pattern breakdown in ASTRALASTRAL
Key highlights: 💡⚡
📊On 1D Time Frame Stock Showing Breakout of Falling wedge Pattern .
📊 Strong Bullish Candlestick Form on this timeframe.
📊It can give movement up to the Breakout target of above 2300+.
📊Can Go Long in this stock by placing a stop loss below 1930-.
📊 breakout this can give risk:reward upto 1:6+
Banknifty Chart Pattern AnalysisBanknifty Chart Pattern Analysis
Probability is to take support near 43100
Bulish SIgnals--
1 Accesding pattern is very popular for bulish signal
2 USD INR trends Down
3 FII data-Net Purchase activity shown
Still its believe that breakout for high after taken a valid support
NSE:BANKNIFTY
Bank Nifty Tarding SetupBank Nifty Tarding Setup
Bank Nifty try to test 42800
AS per the chart bank nifty shown the breaking levels and towards down
Prediction based on the chart
Most of the days banknifty touch 200 EMI and 50 EMI basis on market situation this is now trying to reach at 200 EMi which is around 42800.
Option Hunter
#banknifty important levels for todayAs we can see nifty bank is at a crucial level around the all time high area, i would be very cautious in going long as well as short at this time, so it is better to wait for some important levels to break either on the up or the down side.
In the attached image I have marked key levels on both sides based on the technical analysis. For the long side 43228 and 43386 are key levels to look for, and for going short(my personal favourite based on the technicals) 42769 and 42556 are important.
So, keep these levels in mind and plan your trade accordingly, the key is "watch your risk"!
BankNifty Trade Setup 22/11/22As BankNifty Continusally trading in Range from few days,chances of trending market may possible,if banknifty slips below 42200 ,go for Short with last swing as Stoploss. On upper Side also Banknifty facing resistance so if price get rejection from upper area as shown in chart then try 1/3rd quantity for sell and remaining add when it start to trade below 42200.
Double Bottom pattern reversal in JUBLFOOD.JUBLFOOD
Key highlights: 💡⚡
📊On 1H Time Frame Stock Showing Reversal of double bottom Pattern .
📊 It can give movement upto the Reversal target of above 570+.
📊There have chances of breakout of Resistance level too.
📊 After breakout of Resistance level this stock can gives strong upside rally upto above 590+.
Bullish Pennant pattern breakout in CHOLAFIN.CHOLAFIN
Key highlights: 💡⚡
📊 On 1D Time Frame Stock Showing Breakout of Bullish pennant Pattern .
📊Strong Bullish Candlestick Form on this timeframe.
📊It can give movement upto Breakout target of 935+.
📊Can Go Long in this stock by placing stop loss below 700-.
📊Breakout this can give risk:reward upto 1:7+.