In a good consolidation phase Planning to add half the quantity in dips and the remaining upon confirmation in weekly / monthly. Good Returns are on cards.
GLAND has been failing to give a good BO..I suspect it would have a strong BO in coming week. DYOR before you place a trade.
Today will be FLAT opening in BANKNIFTY. After opening if banknifty start trading above 50050 level then possible upside rally of 400-500 points upto 50450 level in todays session. Any Major downside only expected in case banknifty starts trading below 49950 level & this rally can extend another 400 points if market gives breakdown 49450 level . also possible...
Good volume buildup in last couple of days. First breakout- symmetrical triangle breakout with good volume. Second conformation- recent ATH breakout with good volume. RSI divergence in 1day timeframe- positive indication. Wait for retest on trend line for conformation or breakout of current candle. NOTE: I do my analysis, do yours before trade.
BSE is trying to break the trendline..let's see what is it there for BSE next week. I will take a trade after the trendline BO. I dont recommend others to trade of my analysis.
LTF has given a good BO with huge volumes..Expecting it to move around 5 to 6% in course of time. I will buy it once we have some retracement. DYOR before you buy and this is not recommendation.
Watch movement of falling wedge pattern stock has given good breakout on mtf , good for long oly for educational purpose not for recommdation
BankNifty opened with a gap-up at 50,179 yesterday, landing inside the 15m supply zone (50,129 - 50,227) mentioned previously. This caused selling pressure, leading to a close at almost the day's low of 49,846.70. The weekly trend (50 SMA) remains positive, while the daily trend is sideways. Support Levels: Near Support/Demand Zone (15m Tested): 49,728 - 49,860...
Bank Nifty doesn't have a diagonal structure; it's a consolidation. So, it might continue its 4th wave. We need not think big; simply, it’s a range market, so mostly the range will likely continue. However, if you want some precise levels, if the market breaks the immediate support or resistance, we can try a range breakout entry. However, the range market is...
Good morning, friends! 🌺🍬 Here are the directions for June 14th: There are still no significant changes in the global and our markets. They are maintaining a moderately bullish sentiment. Today, the market may open with a neutral start, as indicated by GiftNifty, which shows an increase of 6 points (at 8.00 AM). Both Nifty and Bank Nifty still have the same...
Nifty broke the intraday supply zone (15m) yesterday, making a new all-time high of 23,480.95, marking the Open=High for the day. The weekly trend (50 SMA) remains positive, while the daily trend is sideways. Support Levels: Near Support/Demand Zone (15m): 23,232 - 23,268 Far Support/Demand Zone (15m): 23,037 - 23,078 Far Support/Demand Zone (125m): 22,642 -...
Sensex has completed one minute price cycle from the lows of tuesday at 76312 with the high formed on wednesday at 77016. Thursday saw the overthrow of the cycle with gap up at 77145 and saw immediate profit booking below the important level of 77080. For expiry day the minor range to watch is 76920 and 76728 with breakout happening on either side. The expansion...
As we can see despite various attempts and strong openings, NIFTY ends up closing in red facing resistance from the structure hence we can expect NIFTY being sideways to negative till it is below the structure. On the other hand, we can see NIFTY forming more like flag-pole pattern which is a trend continuation pattern hence we may expect a strong unidirectional...
Nifty 22300 for bearish move guess today 14 jun 24........
Important support & resistance levels of BANKNIFTY.......................thanks for fallowing me
Important support & resistance levels of NIFTY 50.......................thanks for fallowing me
Good Morning Traders, Till the time gold is moving below 2315 we can see more low levels 2295 2285 and 2280. If Gold will break 2315 and sustain above then only we can see 2324 2330 and 2338 Our preference is buy from Dip and sell from top Plan accordingly, Happy Trading😉