hello, in nifty 50 5 mint chart making descending channel pattern if breakout up site with good volume then only trade other wise ignore the trade i hope you like my idea thank you and follow me.
Best to add above 280 on daily closing basis. views invalid below - 225 Disclaimer : Educational Content. Do your own research.
It could possibly drop to 📉 1882 if sustains on 1882 in the next weekly candle then 📈 to 3091 If 1882 breaks or any weekly closing below then more 📉 📉 to below flag marked on the chart Disclaimer: Its a personal view not a financial advise and I assume no responsibility and liability whatever outcome arises
Nifty respects levels for every timeframe according to Fibonacci Series. 0.0, .38, .62, 1.00 For 22-5-24 Gap UP/Down Opening : If high of First Hour is not broken then put stoploss there for all short positions. If Low of First Hour is not broken then put stoploss there for all Long positions. For New position : for Upside : Buy Nifty above 22573 ...
NIFTY Levels for Today Here are the today's NIFTY Levels for intraday. Based on market movement, these levels can act as support, resistance or both. Please consider these levels only if there is movement in index and 15m candle sustains at the given levels. The SL (Stop loss) for each BUY trade should be the previous RED candle below the given level....
BANKNIFTY Levels for Today Here are the today's BANKNIFTY Levels for intraday. Based on market movement, these levels can act as support, resistance or both. Please consider these levels only if there is movement in index and 15m candle sustains at the given levels. The SL (Stop loss) for each BUY trade should be the previous RED candle below the given level....
Balkrishna Industries: Forming Cup and Handle Pattern, Entry Above 2500, Target 2700-2750, SL: 2390, Time Frame: ~3 months Disclaimer: Study only for Educational Purpose. Remember: My Money, My Risk, My Reward, My Responsibility. Please Consult SEBI registered Financial Advisor for any Financial Advice/ Decision.
Nifty will be gap up opening in today's session. After opening nifty sustain above 22530 level and then possible upside rally up to 22650 level in today's session. in case nifty trades below 22480 level then the downside target can go up to the 22360 level.
BankNifty is forming a gramophone structure, which is a consolidation pattern. We can expect a rally only if it breaks the immediate resistance at 48,195 with minor consolidation. If this happens, the next target should be a minimum of 48,360, up to the 50% Fibonacci level. Alternatively, if the market rejects around 48,195 or if there are sharp declines...
Good morning, friends! 🌺🍬 Here are the directions for May 22nd: The global market is still maintaining a bullish sentiment based on the Dow Jones, while our local market sentiment suggests a moderately bullish trend. It might open with a neutral to slightly gap-up start, as suggested by GiftNifty, showing an increase of +30 points. Nifty closed neutral with...
Today will be gap up opening in BANKNIFTY. After opening if banknifty sustain above 48050 level then possible upside rally of 400-500 points upto 48450 level & this rally can extend another 400 points if market gives breakout 48550 level in todays session. Any Major downside only expected in case banknifty starts trading below 47950 level. also possible reversal...
Yesterday, BankNifty reacted from the supply zone mentioned in our previous post and closed below the previous day's low, indicating selling pressure in banking stocks. Support Levels: Nearest Small Support: 47,770 - 47,840 Far Support: 47,346 - 47,542 Resistance Levels: Small Resistance: 48,210 - 48,260 Major Resistance Zone: 48,213 - 48,458 (remains the...
Yesterday, Nifty continued its upward journey and crossed 22,588. However, it couldn't surpass or close above 22,600, indicating selling pressure at higher levels. Support Levels: Nearest Support: 22,370 - 22,407 Far Support: 22,060 - 22,142 Resistance Levels: Nearest Resistance: 22,606 - 22,674 Far Resistance: 22,755 - 22,795
Short Term Trading Advice by Goodluck Capital Buy Action Construction Equipment Buy Range- 1500 - 1550 Target- 1700 - 1750 StopLoss- below 1400 Potential Return- 11-15% Approx trade duration 12 - 14 days
Nifty wave analysis for intraday, while we made wave A yesterday which hauled near 61.8% today a gentle bounce till 50% of wave A is expected after which one fall till 22400 zone
Buy Sudarshan chemical 830 till 770 for 890/965 and 1050 in short to medium term. Invalid below 725 on weekly closing basis. All time high breakout happening in the sector which is mostly the laggard sector. Their chemical is in big demand after closure of many global plants.
Banknifty had a more flattish tone today compared to Nifty. The hesitance to get past the 48115 resistance was clearly visible. Even though Nifty closed the day flat, BN gave up some points ~ 151, -0.31%. We wish to start the 22nd with a bullish view but switch back to neutral if the 48115 resistance is not getting taken out. Since 22nd is the expiry day, the...
Stance is still bullish, but the steam is just not there. Thought we would close above 22519 and pave the way for further bullishness. The first 4 candles were in green today, infact the 12.24 candle closed almost above the 22519 resistance level, but we were unable to hold the ground. For 22nd, we continue to be bullish, but a bit watchful. If we are not...