BANKNIFTY Intraday Levels for 05/09/2024 Here are the BANKNIFTY Levels for intraday. Based on market movement, these levels can act as support, resistance or both. The SL (Stop loss) for each trade should be there. Note: This idea and these levels are only for learning and educational purpose. Your likes /boosts gives us motivation for continued leaning and...
On the 4-hour chart, XAUUSD is currently in a strong support zone around 2,470 - 2,480, a level that has been tested multiple times in the past. The downward trendline is acting as resistance, but there are signs of a potential breakout above this trendline. The breakout target could reach 2,523, but it's important to note that the price may retest the support...
The gap down opening as a result of US markets fall is only a blip. Wait for price action. Nifty could rally back to 25200 level.
Wait for BN to close above 51383 and go long for an intraday target to 51,560.
NSE:NIFTY ❇️ Good trade setup in Nifty50. ❇️In daily time frame there is continuous buying. From straight 14 days. Not a single candle closed in red. ❇️ Now as per the pmi data of us. (Ecomomy) Above estimate which is not good for the us markets. Thats why dow jones crash more then 700 points. And nasdaq slip over 600 points. ❇️ Nifty forming symmetrical...
Utilizing the support and resistance levels of BankNifty, along with the 5-minute timeframe candlesticks and VWAP, can enhance the precision of trade entries and exits on or near these levels. It is crucial to recognize that these levels are not static, and they undergo alterations as market dynamics evolve. The dashed lines on the chart indicate the reaction...
Nifty support and resistance levels are valuable tools for making informed trading decisions, specifically when combined with the analysis of 5-minute timeframe candlesticks and VWAP. By closely monitoring these levels and observing the price movements within this timeframe, traders can enhance the accuracy of their entry and exit points. It is important to bear...
This updated chart of Biocon Limited (NSE: BIOCON) on the daily timeframe provides a fresh look at the stock's price action as it navigates crucial support and resistance levels. Resistance Zone: The stock has once again approached a major resistance level around ₹380, marked by the purple horizontal line. This level has previously acted as a ceiling, with price...
Price opened gap down and price moved up slowly. What will happen tomorrow? Pattern : Consolidation. Range : Medium. Trend strength : Normal. Buy Above : 25220. Stop Loss : 25180. Targets : 25260, 25300, 25340 and 25380. Sell below : 25140. Stop Loss : 25180. Targets : 25100, 25060, 25020 and 24980. Check the live market updates. Hit the like button to Rock !!...
Asian paint given it's consolidation breakout and looks good to go upside from this level. Initially it will take place at 3280-3300, once it sustain above this level we will see 3400 and above ATH we will see the 4000. Looks good to buy on the dip.
Ambuja Cement has been experiencing a downtrend for some time; however, today’s trading session saw the formation of a bullish engulfing pattern while the stock closed just above its resistance level. This technical setup suggests a potential reversal and bullish momentum. Additionally, the RSI and MACD indicators are showing positive crossovers, indicating...
Abbott india formed a rounding bottom and given the breakout Retest also done now upward move expected
indigo looking quite good, should deliver good in coming months
Hdfc bank take strong support in 1638. target is 1672
GNFC breakout of trend line and retesting in progress. Now most likely price must shoot up to target 1 & 2 5% and 10% respectively. Nice technical setup formed now further moment is most likely to happen.
crude after made low 69.20 or mcx 5820 almost looks revert pattern looks like bull engulf may be expect up side 6967--6030+++ expect yes today low may be react as support for further dwn fall.
Gold spot stya blw 2472-73$ react as double bottom support If blw trade than looks dwn fall 2462--55$++++ in mcx blw 71000 looks 70828-770++++++ where hurdle 71300 in mcx 2497$ spot hurdle let see.
Chart Pattern Looks Promising CMp@740 Price Volume Breakout Above Monthly CPR RS Positive