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...
Checkout an amazing breakout happened in the stock in Weekly timeframe, macroscopically seen in Daily timeframe. Having a great favour that the stock might be bullish expecting a staggering returns of minimum 25% TGT. IMPORTANT BREAKOUT LEVELS ARE ALWAYS RESPECTED! NOTE for learners: Place the breakout levels as per the chart shared and track it yourself to get...
Checkout an amazing breakout happened in the stock in Weekly timeframe, macroscopically seen in Daily timeframe. Having a great favour that the stock might be bullish expecting a staggering returns of minimum 25% TGT. IMPORTANT BREAKOUT LEVELS ARE ALWAYS RESPECTED! NOTE for learners: Place the breakout levels as per the chart shared and track it yourself to get...
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...
BankNifty Analysis - Stance Bearish⬇️ BN was unable to defend the 48115 support resistance today and it was an advantage Bears. The overall price action was neutral and that might be related to the expiry trades. There were a couple of instances where BN moved 100+ pts in minutes - this really had an impact on the algo trades, but happy that major damage was not...
Crompton greaves has given a solid breakout from the trendline.
Nifty Analysis - Stance Bearish⬇️ Recap from yesterday: "Also in the 63mts TF we did not really break it, if you are a conservative trader, it is a good idea to wait for one full candle to form below 22295." Today the entire action was around the 22295 levels. The open was a gap down and N50 spent time till 11.47 underwater. The 22295 level was broken by 12.07 and...
Nifty is correcting from ATH on 30 Apr 2024 at 22794 and we are 8 days away from it. Nifty has made a Swing Low at 21777.65 at 9:00 am on 19 Apr 2024. So the 11 May 2024 is important. Friday 10 May 2024 closing will be important timewise. From the ATH we have retraced 800 points nearly within the range of 1000 points. The Current Lows are 22185.60 and 22185.20 at...
A Bullish Flag & Pole breakout pattern is visible on the daily chart of NSE:ABB after consolidation of around a month. On daily, weekly and monthly charts the MACD has already given a positive crossover. So, expecting the momentum to continue. All the Levels with proper stoploss mentioned on the chart are for educational purpose. Consult your financial...
NSE:BAJAJ_AUTO below the trendline support. A double top breakdown if goes below today's low. Seems like a good candidate for short trade but only after a close below today's low.
Hello there👋 See the nifty 50 chart.. Have marked these levels since March.. & index followed them.. Ideally for technical analysis on chart you must know the reversals & brekouts.. And that occurred because of accurate levels.. No buy or sell recommendations..
If you missed the bus in NSE:FSL during the previous breakout, time to catch it again. Primary targets were achieved in last move, over 10% gains. Stock is back at the support levels and this time we may see the awaited WEEKLY breakout now which failed in last attempt.
What does CNX stand for? Let us decipher the term CNX Nifty 50. The C in CNX stands for Credit Rating Information Services of India (CRISIL) and NX stands for the National Stock Exchange. These two agencies have come together to form a joint venture for managing the NSE index.26 How To Become a Professional Trader : Learn the trading basics. ... Learn the...
What are the prospects for Bajaj Auto company shares for 5 years? Investment/Disinvestment Rationale Bajaj Auto Limited is an India-based manufacturer of motorcycles, three-wheelers and parts. The Company's business segments include Automotive, Investments and Others. The Company's vehicles include two-wheelers and commercial vehicles. Its two-wheelers include...
Jubilant Foodworks has fallen from 586 and is now forming base. Company is diversifying, stock moved by more than 5% as it acquired stake in O2 Renewable. Trendline broken, double bottom breakout awaited.
As we can see NIFTY despite its weakness managed to close itself in green and inside the trendline as expected and analysed in our previous analysis. Now we can start making new long positions keeping SL at the lows of previous candle for a minimum of 1:3 positional basis. Plan your trades accordingly.
This bank is caught in a 10% range box from almost 4 months now. This is the 7th time stock is near to lower end of the box which indicates weakening of support. NSE:INDUSINDBK is now ready to move out of this box.
Prakash Pipes in buying range it has a good fundamentals and quarterly results are yet to be declared and also it is forming an triangle pattern.