Bank Nifty has the same sentiment. Even though if it opens with a gap-up, it won't sustain. So, if the market declines initially, then we can expect correction continuation with minor pullbacks, which may reach a minimum of 47129 to the demand zone. The alternate variation is the same as with Nifty. If the gap-up sustains, it may reject around 23%. After that, if...
Good morning, friends! 🌺🍬 Here are the directions for May 10th: The global market maintains a moderately bullish sentiment (based on the Dow Jones), while our local market sentiment indicates a bearish trend. It might open with a neutral to slightly gap-up start, as suggested by GiftNifty, showing an increase of +40. Nifty fell drastically yesterday too. The...
Nifty encountered a downward move, breaching the first support level highlighted yesterday and reaching the second support zone between 21850 and 21937. Although there might be a slight rebound in sight, indicated by GIFTNifty signalling a potential GAP UP opening, caution is advised as the market appears to be in "Sell on Rise" mode. The nearest resistance levels...
Gold tested the 2280 support 3x last week, with the lowest hitting a 4-week low of 2277. The gold price held on to the 2280 support following a relatively neutral Powell's Fed announcement and weak US employment data. Since the price has bottomed out near the end of last week, expect the gold price to initiate a rebound in S-T. 1-Hr Chart - The gold price has...
The chart indicates 15 min time frame. These Levels act as Support and Resistance according to position of price. These are strictly for Intraday Trading only. Execution only after break out and close above the Resistance zone or break down and close below the Support zone. These levels act as support and resistance. You have to trade according to level breakout...
The chart indicates 15 min time frame. These Levels act as Support and Resistance according to position of price. These are strictly for Intraday Trading only. Execution only after break out and close above the Resistance zone or break down and close below the Support zone. These levels act as support and resistance. You have to trade according to level breakout...
NSE:SAIL has reached an important sell zone of 177/170 at the half yearly time frame with fresh buy zone created at 166/160 levels, if sail manages to break above 177 and give a daily closing and opening above 177 then we can see more upside in coming days but before that we may see a small correction till 166/160 zone before countinuing the upside trend. if we...
RBI has restricted retail people from trading in usdinr. for long time RBI has restricted usdinr in the range of 82,75 to 83.30 for more than a year Now this level is broken and usdinr is seen trading above 83.30 easily for long duration in spot. This is positive for IT companies like Infy and TCS. May be because of this Infy seen taking good support for several...
Trade metrics explained on chart. Profit Visualization seen on chart. Scan used for 45 min low less than previous 45min candles(-3). You can get stocks every 45 mins for intraday. Both Buy and sell side stocks can be found. Scan to be used will be 45 min High greater than previous 45 min candles(-3) for buy side. Happy Trading !!!
Sensex has made a Double Top on 09 Apr 2024 at 9:15 at 75123.30 which was ATH and 10 Apr 2024 at 12:15 at 75105.14. 75000 was a big round number to watch and an achievement in itself for Sensex. Thereafter we saw Profit Booking coming in very fast on it. We corrected downwards till 71816.46 at 9:15 am on 19 Apr 2024. We had a cluster support coming in at 71883.94...
**Title:** Swing Trading Buy Call for DMart **Description:** This analysis focuses on DMart, identified as one of the top stocks for swing trading due to its market trends and technical indicators¹. The stock has been showing a strong uptrend, making it a suitable candidate for a swing trading buy call. **Key Points:** - **Liquidity**: DMart has high liquidity,...
The chart shared itself is self explanatory. My plan will be as follows : In case 1, I will buy 47800CE when Banknifty touches 47815.8 and shows any confirmation on M1. In case 2, I will buy 47600PE when Banknifty touches 47513.45 and shows any confirmation on M1. In case 3, will buy 47500CE when price touches 47513.45 and shows any confirmation on M1 . Also...
The weighted sentiment curve was extending towards the north indicating an improved sentiment. On the daily chart, an intriguing channel pattern has emerged. Kaspa Crypto has been on an upward trend for four consecutive days, with a notable 4.12% increase in intraday trading. Currently, it's trading at $0.12 and is nearing a pivotal level. Overcoming this level...
Reliance is caught in the 1-2 channel . Till it does not leave the channel upwards wave 3 will never start . It may come back to the end wave 2 . So sad and very bad . Regards
Bnf broke the support and closed below forming a big red candle. Now the most likely place of support is 47450 and 47000 where the market can take support. Get ready for a few more down points.
Yes you heard correctly. I capitalized HARD on TSLA back in 2021. Now I avoid it like the plague... but how low could it possibly go? I think shorts are exhausted and VIX going lower could be bullish for NVDA, TSLA, and others. SMH is the Semi Conductor ETF, I'm thinking 250 on that one eventually. Would imply NVDA could make a big move. We'll have to...
Okay. This is my last post, but the replay feature is awesome so I'm putting predictions here right now. AMZN flow came in today that surprised me, $270 calls for 2025 expires. I don't do leaps but I was already bullish on AMZN prior to hearing this. Papa Bezos prints. NFA - This little line shows where the price could go before March 2025 ( imo ) Let's...
As we can see NIFTY broke down our channel and fell unidirectionally despite our view being on the buy side as we expected a strong REVERSAL from given levels. Now we can see it has formed more like a marabozu candle in daily time frame showing weakness hence if NIFTY opens weak to flat then we may see another strong downfall else if opens strong and inside the...