Tomorrow Banknifty sustaining below 51077 then banknifty moves towards 50889. if banknifty sustaining above 51267 then banknifty moves to 51360.
Support and Resistance: The chart shows a long consolidation phase, highlighted by a black rectangle. This consolidation represents a trading range where the price was oscillating between approximately ₹120 and ₹180. Breakout: The price has recently broken out of this consolidation zone, moving above ₹180 and reaching a current level of ₹203.51. This...
NSE:CNXFINANCE ❇️Harmonic chart pattern: BEARISH CYPHER PATTERN 👉🏻The Cypher pattern is one of the most profitable harmonic patterns and is useful for risk management, because of the large success rate. Traders can minimize losses if they follow the Cypher trading rules and meet the profit target. 🚀How to use ❇️The Cypher harmonic pattern is a trading...
NSE:LTIM giving Cup & Holder Breakout and can be bought on a Retest from the support level of 5770
NSE:GANDHAR has given a Breakout may go up to level of 270
Stock was in UT in WTF DTF formed C&H Pattern Before BO there was a build up, Pullback with less volmue, BO with High Volume
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...
Nifty and Banknifty Analysis for 28th august 2024 using Smart money concepts
Ltts at breakout pattern Key points : - 1. Rsi 60 crossing on monthly chart 2. Dii increase thier holding in company 3. Weekly rsi above 60 THIS NOT BUY SELL SIGNAL JUST ADD TO YOUR WATCHLIST AFTER BREAKOUT YOU CAN CONSIDER
Chart is showing bullish signal. Inverse H&S formed on weekly chart. One can go long with the setup for a target of 220+ in near term. Disclaimer - Not a Sebi registered advisor. All opinions are for educational purpose. Please do your own research or seek guidance from financial advisor.
Golden opportunity in Maruti Suzuki with Trend line stop loss closing basis
HCL has been testing the strong resistance around ₹1700 since February 2024. Recently, it broke through this resistance with robust volume, establishing a new strong support level at the previous resistance. The stock is also forming a classic cup and handle pattern, a bullish technical formation. Given the current momentum in IT stocks and the strong volumes...
WIPRO breaking inverse h&s reversal pattern with huge volume,strong rsi #target 580 soon educational idea
Hi, BAJAJFINSV is making symmetrical tringle pattern after along consolidation. Support is 1520 and target as per pattern is 2660.
The National Committee for Transmission (NCT) has recommended transmission projects worth ₹22,540 crore for the Ministry of Power's approval, marking a significant push towards enhancing India's power infrastructure. Genus Power known for manufacturing and supplying power infrastructure equipment, including meters and other electrical components. Genus could...
if UPL crosses 60 RSI. We have a 3 frame target of 746 in 2 quarters. PE is negative so caution suggested. Pure technical call. Please look for fundamentals.