In the highly volatile session, the Indian indices ended lower for the 4th straight session on Apr 18 Nifty closed below imp level of 22,000 The index may face resistance at the 22200/300 zone Whereas support is placed near 21900/850 zone *For Education Purpose Practice and Learn price action setups
Book profits within the first 30 minutes of the market opening - Try to exit by taking 10-12% profit of each trade - SL can be taken when the 5/15 min candle closes below 44EMA Now, why do I prefer swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 3-4 days and the rest of the time they either...
Book profits within the first 30 minutes of the market opening - Try to exit by taking 10-12% profit of each trade - SL can be taken when the 5/15 min candle closes below 44EMA Now, why do I prefer swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 3-4 days and the rest of the time they either...
Som distilleries has retested a strong support zone and has formed strong bullish pattern in weekly time frame. If bullishness continues, we can expect 2x returns from this stock in medium term.
ENTRY TARGET SL Mention in the chart. ALWAYS TAKE TRADE WITH CONFIRMATION Note : Trading in any financial market is very risky. I post ideas for educational purpose only. It is not financial advice. Do not hold us responsible for any potential loss you may incur. Please consult your financial adviser before trading.
ENTRY TARGET SL Mention in the chart. ALWAYS TAKE TRADE WITH CONFIRMATION Note : Trading in any financial market is very risky. I post ideas for educational purpose only. It is not financial advice. Do not hold us responsible for any potential loss you may incur. Please consult your financial adviser before trading.
As we can see NIFTY has finally reached its psychological level of 22000 and also reached trendline which had been followed and acted as resistance ever since. As long as we are above the trendline , we may expect NIFTY to remain sideways to bullish but the trend would change instantaneously if it breaks below and we may see a huge downfall in NIFTY so plan your...
Suryoday has given a good breakout of cup and handle pattern A weekly closing above 200 can be a good signal that ATH levels can be seen soon. Stock is available at a very good valuation. I had seen such breakout in Spandana which had blasted after breakout.Expecting a similar move here.
NIFTY Levels for Today Here are the NIFTY Levels for today. Please note, these levels are only for Intraday. The levels identified above can act as support or resistance, although they are shown as three different supports and resistances. The SL (Stop loss) for each BUY trade should be the previous RED candle below the given level. Similarly, the SL (Stop...
BANKNIFTY Levels for Today Here are the BANKNIFTY Levels for today. Please note, these levels are only for Intraday. The levels identified above can act as support or resistance, although they are shown as three different supports and resistances. The SL (Stop loss) for each BUY trade should be the previous RED candle below the given level. Similarly, the SL...
Wait for pullbacks or consolidation then enter. Each entry should not have more than 7-8% stop loss.
Yesterday, gold fell as expected. The price showed a downward trend twice after hitting a maximum of 2395. In late trading, it fell all the way to our expected first target of 2355. The current disk shows that it has plummeted by $100 since the high of 2431, and short-term bulls are still trying to regain lost ground. However, the trend line since the 2430 upward...
The B leg that went deep 95+% of A then failed tells us its flat correction. After doing year long correction breakout in Dow was seen in Dec 2023 Good Chance is to have sharper up move once retest is completed. Internal wave count may not be accurate and best if ignore, focus more on support area near breakout point. Let me know your thoughts below
Timeframe: 4 hour Check the below trade Above 2381 Target 2432 Stoploss 2361 Front Month Comex Gold for April delivery gained $10.60 per troy ounce, or 0.45%(rounded) to $2382.30 today
RB breakout and retracement done for the target mentioned in the chart. Team Stocks-n-Trends Note: This is for educational purpose only.
C&H breakout pending for the target mentioned in the chart in green colour. Entry after the breakout is advisable. Team Stocks-n-Trends Note: This is for educational purpose only.
BankNifty Analysis — Stance Bearish⬇️ “The power of a strong support/resistance zone will help you in your technical analysis” — Anonymous. See what happened today, BN started strong and was keeping its head above the 47465 support for a long time. Between 10.19 to 10.31, there was an attempt to break this SR, but it failed. BN reclaimed the 47700 levels and...
Pricolt limited will give a limitless gain in short term upto the targets mentioned in the chart in green colour. C&H brekaout done already and currently at resistance. RB breakout pending for the much higher target. Team Stocks-n-Trends Note: This is for educational purpose only.