On Monday, Nifty opened with a gap up, reaching a high of 25043.80 before closing at 25010.60, gaining 187 points. The weekly trend (50 SMA) remains positive, while the daily trend (50 SMA) is sideways. Support Levels: Near Demand/Support Zone (Daily): 24771 - 24859 Near Demand/Support Zone (125m) for Weekly Trade: 24543 - 24605 Far Demand/Support Zone (75m) for...
Looks like IT Industry may have completed its 2nd Primary Wave. Coming year will provide clear picture for it further advancement. With AI, Automation, IOT and Digital transformation... future of IT Hold Potential for limitless expansion.
Is Siemens potentially forming a double top or head & shoulders pattern on the weekly chart? Can anyone provide insights on this?
Technical Analysis BUY : 2514 SL : 2505 TARGET : 2543
Yello, Paradisers! MATICUSDT has recently shown a strong bullish move, but is it time to prepare for a retracement? 🧐 💎We’ve identified a crucial support level at the 61.80% Fibonacci retracement. A bounce from this level could signal another bullish wave, but we need confirmation. Specifically, look for an Internal Change of Character (I-CHoCH) to solidify a...
Hello Everyone 👋 # On TradingView, the levels for Nifty-50 include: Classic: R1 (Resistance 1): 24,863.82 R2 (Resistance 2): 24,904.48 R3 (Resistance 3): 24,950.57 Pivot Point: 24,817.73 S1 (Support 1): 24,777.07 S2 (Support 2): 24,730.98 S3 (Support 3): 24,690.32
Hello Everyone 👋 # On TradingView, the levels for Bank-Nifty include: Classic: R1 (Resistance 1): ₹51,081.97 R2 (Resistance 2): ₹51,230.48 R3 (Resistance 3): ₹51,343.12 Pivot Point: ₹50,969.33 S1 (Support 1): ₹50,820.82 S2 (Support 2): ₹50,708.18 S3 (Support 3): ₹50,559.67
Hello Everyone 👋 # On TradingView, the levels for Crude Oil include: Support: 7180-7160, 7120, 7000 (Solid support, even in OI data) Resistance: 7250-7275, 7300, 7400. For MCX Crude Oil, the intraday analysis suggests: Support: Calculated using commodityquant’s advance pivot point formula Resistance: Valid only for today’s session on a 5-15 minute chart
Symmetrical Triangle Formation, A Possible Upward Move Ahead.
Allcargo Logistics has been trading sideways for nearly 20-21 months since its peak in November 2022, indicating a prolonged consolidation phase. The recent price action suggests that this corrective phase may be coming to an end, with the potential for a new impulsive move upward. With a strong support level identified at 58, this presents a strategic buying...
NIFTY Levels for Today Here are the today's NIFTY Levels for intraday. Based on market movement, these levels can act as support, resistance or both. Please consider these levels only if there is movement in index and 15m candle sustains at the given levels. The SL (Stop loss) for each BUY trade should be the previous RED candle below the given level. Similarly,...
BANKNIFTY Levels for Today Here are the today's BANKNIFTY Levels for intraday. Based on market movement, these levels can act as support, resistance or both. Please consider these levels only if there is movement in index and 15m candle sustains at the given levels. The SL (Stop loss) for each BUY trade should be the previous RED candle below the given level....
Shyam Metalics appears to have entered its third wave as per Elliott Wave theory, signaling a strong potential for upward momentum. The third wave is typically the most powerful and extended wave in the Elliott Wave sequence, often marked by increased buying interest and a surge in price. Given the current technical setup, this wave could propel Shyam Metalics to...
Hello Traders, Lupin is all set to break the Cup of almost 9 Yrs. Sector is Performing well & Stock is in the radar. Kepp the eyes on this stock, with high volatility it will give upto 20% in single swing trade. Facing resistance on from 2 weeks in Daily chart just wait for the Breakout to Happen on Hourly & all set to Go. Monthly , Weekly & Daily Rsi...
ANGEL ONE LTD WILL REVERSE Its Trend Look At the Volume Bar
NSE:BANKNIFTY ANALYSIS FOR TOMORROW 🔺 ❇️ IMPORTANT LEVELS 🚀 ❇️ Support: 51118-50950-50780 ❇️ Resistance : 51344-51455-51620 👉🏻 PURPLE LINE : 51230 is a key level, above buying, Below selling. 👉🏻 @thetradeforecast 🇮🇳
Market definitely drop, Don't buy any stock Very big consolidation coming at near My humble opinion 26200 to 18700 Market dropped at 8000 point