Utilizing the support and resistance levels of BankNifty, along with the 5-minute timeframe candlesticks and VWAP, can enhance the precision of trade entries and exits on or near these levels. It is crucial to recognize that these levels are not static, and they undergo alterations as market dynamics evolve. The dashed lines on the chart indicate the reaction...
It could move upwards to test 67486 -- 67951 📈 Rejection from above levels 67486 --- 69648 is possible 📉 📉 📉 As below levels are still pending to test Any daily closing below 64740 then price could fall to 52529 📉 📉 Disclaimer: It's a personal view not a financial advice and I assume no responsibility and liability whatever outcome arises
Its a bullish Flag breakout. Breakout is happened after a long consolidation with huge volume.
Date : 6-Jun-2024 Rating : Buy - Positional Trade LTP : Rs. 178.30 Targets: (1) Rs. 200 --> (2) Rs. 214 --> (3) Rs. 229 SL : Rs. 158 on daily close basis Technical View: • NSE:IREDA is in its primary uptrend and was recently going through it's secondary downtrend. • After touching the high of 200.25 on 3-Jun-2024, it has retraced 23% to 154 level. • On...
#Execution only after break and close above or below from resistance or support 15-minute candle. #Stop Loss above or below from resistance or support 15-minute candle. (S/R Levels Will be Flipped in The Situation of Gap up OR Gap down Open, Support Will Turn in Resistance and Resistance Will Turn in Support) (This Analysis and idea is based only on support and...
Hi All, This idea is about Allied Digital Services Ltd Mkt Cap - 1204 Cr Stock PE - 26 Mcap/Sales - 1.75 As per mgmt concal transcript, revenue guidance of 1000Cr in FY25/26 Assuming NPM at 8%, this could take the mktcap to 2200Cr easily which wud appreciate the stock price towards levels of 400 Technically also its a healthy breakout with expanding Moving...
The federal bank follows the parallel channel in 1D TF so the chance is very high to touch the upper channel and go down that's why here I'm in support of the short position and if you want to go a long wait for the channel breakout after the breakout and its retest I change my position short to long.
DBRealty had given a multiyear monthly breakout and had given around 50% move already. However, stock is now retesting the breakout and might come down in range of 150-180. Safe traders can wait for a reversal pattern like morning star or bullish harami in this zone. Such a monthly breakout had happened in Purvankara which doubled in 3 months As realty sector is...
FX:USOILSPOT Hello traders , here is the full multi time frame analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. wait for more Smart Money to develop before taking any position . I suggest you keep this pair on your watchlist and see if the...
#Execution only after break and close above or below from resistance or support 15-minute candle. #Stop Loss above or below from resistance or support 15-minute candle. (S/R Levels Will be Flipped in The Situation of Gap up OR Gap down Open, Support Will Turn in Resistance and Resistance Will Turn in Support) (This Analysis and idea is based only on support and...
1. Flag Pattern breakout on daily chart. 2. This breakout is followed with with good volumes. 3. Huge volumes can be seen during pole formation of the flag.
Date: 20th June 2024 Time: 1:45 pm WHY BULLISH ON GNFC ? 1. On Daily TF it clearly shows and Successfully Breakout W pattern or Double Bottom Pattern with Strong Volume Green Candle. 2. On Weekly TF C&H Chart Pattern is clearly visible once its breakout with big candle with Good Volume, Long term Target on GNFC will be ~1137 Rs. 3. To support both the...
LOOKS GOOD ON DAILY TIME FRAME One can use bearish engulfing strategy to find STOPLOSS TARGETS are on charts.
Hi, NSE:BBTC has given a Bullish Flag Breakout on Daily charts with very good volume. MACD is also on the bullish side on Daily and Monthly time frames. RSI is also on the bullish side on daily, weekly and monthly time frames. In the current market scenario, I am expecting that the bullish momentum will continue. Complete price projection like entry, stop...
sell active on gold , which is a strong SUPPLY ZONE and market also in Correction phase.
KPIT Weekly Analysis Ascending Triangle Pattern Formation in KPIT KPIT has made Ascending Triangle Patern on Weekly Timeframe. KPIT has giver breakout at it's resistance level and trying to retest the level to establish the support over there. 805-829 is the support zone range. Price may take support at this zone and move further up towards our projected...
This is educational purpose only, consisting of Stock market views based on price action, Elliott Wave & Fibonacci. Views expressed here are not for investors/traders. Do your own due diligence before investing/trading.
LUPIN 50% upside possible in next 1 Year Weekly CUP Pattern Breakout can be seen opening upside space for stock to move up. LTP - 1583 Targets - 2400+ SL - 1440 Timeframe - 9-12 Months Happy Investing.