Infosys chart pattern look interesting. Trading near weekly 200EMA Breakout from bullish pole-flag pattern Pullback to recent breakout level I will bet on long side and will accumulate at these levels Wait for a pullback candle in weekly chart for better assurance. This will give more confidence to investors
Ending Diagonal LTTS - Might give 9-10% Bounce from current Levels
Discover the serenity of joy and peace in every moment, enriching your journey with sublime beauty. I delve into the dynamic world of growing stocks, providing valuable analysis and commentary on significant levels that traders need to keep an eye on. From crucial support and resistance zones to potential breakout points, I aim to equip you with the insights you...
1. Break out after nine years 2. After a successful retest stock is now moving up. 3. Cup and handle pattern. Keep Learning, Keep Trading. ⚠️Disclaimer: The views expressed here are merely personal opinions. Nothing mentioned here should be considered as advice or recommendation. Please consult with your financial advisors before making any investment decisions.
#Optionbuyers #Niftyoptionscalping 1) Zones you always Like:- Green zone- institutional support Red zone - institutional resistance Gap between institutional zones is always of 100 points Zone making is helped by pivot points and Fibonacci Advance version of price action 2) Trade Execution:- Trade based on order flow data Timeframe - 1...
Gold braces for the first weekly gain in three even as it seesaws at the highest level in a fortnight early Friday. That said, the precious metal’s latest inaction could be linked to the cautious mood ahead of the US monthly employment data including the headline Nonfarm Payrolls (NFP). Even so, the quote’s capacity to reverse from a month-old rising support line,...
To analyze the potential movement in gold prices based on the anticipation of nonfarm payroll news, and with specific target prices and stop-loss settings as you've described, we'll look into several factors: Nonfarm Payroll (NFP) News Impact: The nonfarm payroll report is a key economic indicator that represents the total number of paid U.S. workers excluding...
As we discussed yesterday, Banknifty traded in a sideways-bullish zone. If we look at the chart now: The market has taken support from 200 EMA. The market is trading above EMA, which shows that the market is really bullish right now. There is also a bullish EMA(13, 50) crossover, which indicates that the market is in a bullish phase now. also, we got a...
The stock has taken a support from it's lower trendline and making a strong weekly hammer. Zone of accumulation - 1300-1400 Possible targets - 1490, 1640 SL - Day close below 1300 This Idea is for Educational Purpose only and it's not a BUY/SELL recommendation. Learn & Earn, Dr. Tanya Kumar
AVANTI FEEDS (1D TF) - Swing Trade Analysis given on 7th June, 2024 Pattern: RECTANGLE BOX - Volume Buildup at Resistance - Done ✓ - Resistance Breakout - In Progress - Demand Zone Retest & Consolidation - In Progress Please ensure that the pullback to the demand zone gives a nice small SL for a better RR * Disclaimer
Nifty will be gap up opening in today's session. After opening nifty sustain above 22900 level and then possible upside rally up to 223020 level in today's session. in case nifty trades below 22830 level then the downside target can go up to the 22710 level.
Nifty will be gap up opening in today's session. After opening nifty sustain above 22900 level and then possible upside rally up to 223020 level in today's session. in case nifty trades below 22830 level then the downside target can go up to the 22710 level.
Today will be gap up opening in BANKNIFTY. After opening if banknifty sustain above 49050 level then possible upside rally of 400-500 points upto 49450 level & this rally can extend another 400 points if market gives breakout 49550 level in todays session. Any Major downside only expected in case banknifty starts trading below 48950 level. also possible reversal...
As we discussed yesterday, Nifty traded in a sideways-bullish zone. If we look at the chart now: The market is trading in a Bullish sideways market zone. Price has taken support at 200 EMA, and it has also formed a double bottom, which shows the market is in consolidation mode. If it breaks the neckline, you can make a bullish entry after a...
Hello Traders, Welcome to SriTrader5121 _______________________________________ Overall view for the day. Buy - with support of PDH Sell - with rejection of PDL Major Support - Around 480## Major Resistance - Around 505## See the price action at our zones, take the trade according to your Risk - Reward. Happy Learning and Trading – ...
Nifty respects levels for every timeframe according to Fibonacci Series. 0.0, .38, .62, 1.00 For 7-6-24 Closing above 23200 will negate all the Election news/ FII selling. But formation of Govt. will set sentiments of Investors. So Keep Booking Profit. Gap UP/Down Opening : If high of First Hour is not broken then put stoploss there for all short...
as for as wave principle is concerned the recent high at 23587.5 in futures is at top since its inception.that level completes 5th wave at 5 degrees, so completing wave one of cycle degree.the collapse in wave a or 1 of next leg of correction to its previous 4th wave area indicates beginning of long term correction.on an hourly basis the precent pull back which...
BankNifty stayed inside the 15-minute resistance/supply zone mentioned yesterday. It closed above the important level of 61.8% retracement (of the last swing) at 49,202, which is a positive sign. If BankNifty can sustain this level, we might see further upward movement. Support Levels: Near Support Zone (30m) for Intraday: 47,386 - 48,000 Near Support Zone (15m)...