market is totally run downward channel.it will come positive if sustain above 47800 level. this one is jackpot setup ,if active than definitely will hit tgt . 47800 above banknifty call side tgt-48000/49000 47460 below banknifty put side tgt-472600/46618. guys we have mentioned level . 47800-47460 is totally drag side ways so #Retailers /#new traders plz avoid...
A trendline has been drawn showing the expected bullish trend (green solid line), with an alternate path shown (blue dotted line) indicating potential short-term fluctuations before reaching the target. 1)Head and Shoulders Pattern: Left Shoulder: Formed around June 2022. Head: Formed around October 2022. Right Shoulder: Formed around February 2024. Neckline:...
Price sustaining above the support zone and 50 EMA on Weekly Timeframe. Also, a big rejection near the EMA in the last week with pretty strong volume. A good example of low risk high reward trade.
Atter price has broken ATH level then consolidated for some times again after election it has broken ATH. After taking a dip of 30 % before election then after result the stock has gained nearly 45% in just 3 days, that must indicated something about it. If the price breaks the current candle high after some consolidation it will be good setup. NOTE: I do my...
Good Volume buildup in daily and weekly timeframe. Price is making cup and handle pattern in daily, weekly and monthly timeframe. Cup and handle pattern breakout with good volume wait for retest on the ATH trendline for conformation. NOTE: I do my analysis, do your before trade.
Trading at parallel channel resistance now. Looks like coming down to middle of the range or bottom once before a long time breakout outside the parallel channel and once that happens the breakout will be huge since the parallel channel is from many years since 2015.
index looking good and hold higher on monday if index open flat then break 50000 round level it will boom condition is index opening should be near 49800 900 because banknifty has a space in upside upto 51000 nifty at resistance NOTE: only for educational purpose RULE: 1: always trade with stoploss 2: decide your risk per trade and per day 3: believe to your...
index has given good upmove in previous 2 session now on the resistance if index made a m pattern with lower high it good for short side i think index need a retracement or sideway then break resistance NOTE : all trade discuss on 5min chart NOTE: only for educational purpose RULE: 1: always trade with stoploss 2: decide your risk per trade and per day 3:...
stock made a beautiful price action create higher low taken rejection on 104.50 got 3time rejection if break resistance it will go up NOTE: only for educational purpose RULE: 1: always trade with stoploss 2: decide your risk per trade and per day 3: believe to your analysis 4: stay positive and keep patience technical analysis + money management+ physicalogy =...
MARUTI currently in a Strong Uptrend. A Fresh breakout occurs few weeks ago & from Last few weeks trading between 12k - 13k. RSI Hidden bullish divergence spotted on Weekly Chart. Indicates a Fresh new momentum & Continuation of the Trend will Continue soon. Watching out for a Breakout on Daily Charts. MONTHLY RSI > 60. WEEKLY RSI > 60 Let the Daily RSI to...
LARSEN & TUBRO infra giants trading in the Range from past few weeks. BELOW 4100 levels is not good spot for going long. But the WEEKLY RSI spot the BULLISH HIDDEN DIVERGENCE. Wait for the Pattern creation & Multiple Confirmations. MONTHLY RSI > 60 WEEKLY RSI < 60 wait for the Weekly closing of RSI above 60 levels. So the trade can be Planned out on DAILY...
SBIN is Crrently not good at Levels to plan Entries. A Rising wedge pattern is Recognised on WEEKLY TIMEFRAME. More dips to come soon. As it did not break above The 3rd june Pqnic High. A regular Bearish divergence on RSI to be found with the pattern. MONTHLY RSI > 60 WEEKLY RSI > 60. DAILY RSI < 60. Will sit back & regognise the pattern formations....
Reason I choose RELIANCE TO trade beacuse of its huge weitage. Huge Weitage stocks to be considered the less volatile & safe instrument to Trade. As RELIANCE is trading in the Range from Few Weeks, Do not plan to execute orders below the 3050 Levels. If the WEEKLY CHART crossed above the level then only I will plan my trade in RELIANCE. MONTHLY RSI > 60....
Bajaj Finance is the Very intresting stock seems to me. Big range of candles & volatility creates a best trading opportunities for me. As BAJAJ FINANCE is making a LH & LL formation in weekly charts. Time Based correction is happening in Higher the Timerfames. A Great reversal pattern Identified on weekly basis. INVERSE HEAD & SHOULDER. I have not printed...
ULTRATECH Cement is following a trend line from few months. A strong resistance of 10500 crossed could plan for a buy in Daily Timeframe. Weekly RSI showing the Hidden bullish divergence. The move is going to start. Monthly RSI > 60. Weekly RSI Crossed above > 60. Wait for DAILY RSI to close above > 60. As the DAILY TIMEFRAME in action could look for a...
No Doubt the NIFTY had a excellent bounce from the Election days low. RSI rehular Bullish divergence has been printed. HIGHER TIMEFRAME RSI > 60. Wait for The DAILY RSI to Close > 60 territory. & then buy on Every single dip on 10 EMA. After the 23300 Levels break on DAILY Chart must be considered as the creating fresh positions. PRO SWING TRADERS KEEP...
Bharti airtel Currently following a Great uptrend channel from many weeks. RSI hidden bullish divergence confirmation. Planning to Buy with an Previous candle stop. HIGER TIMEFRAME RSI LEVELS > 60. DAILY RSI CROSSED > 60. Will buy on every dip 10 SMA. MOMENTUM GAME BEGINS FROM HERE. HAPPY TRADING.
BHARTI AIRTEL CURRENTLY FOLLOWING a upper trend channel & a BULLISH HIDDEN DIVERGENCE shows in RSI Volume also seems to be attract full. Strictly fully recovered from 3rd JUNE PANIC HIGH. Looking for a Fresh breakout. RSI UPDWARD SLOPE ON HIGHER TIMEFRAME. Monthly RSI > 60 Levels WEEKLY RSI > 60 Levels. DAILY RSI Crossed > 60 Levels. Good Time for entry...