banknifty in a channel. will make very bullish move in next few days
Stock has closed with good volumes and good momentum and managed to close above Fibonacci No which is 61.8 one can look to buy abv 2405 sl 2220 tgt 2550. Disclaimer: I am not SEBI registered Analyst Kindly consult your financial Advisor before taking any trading decisions.
In this video, we'll discuss about Yesterday's Market Movement and Today's Analysis in Nifty, Banknifty and other segments too. Whether you're a seasoned trader or just starting in the stock market, this analysis will help you in Learning about Market. Let's get right into it! ✅I hope you liked the analysis. Be sure to hit that LIKE. 👍Like | 💬Comment |...
Bank Nifty has a range-bound structure after the huge swing. If the market breaks the range, we can expect a rally continuation with minor consolidations. However, if the market faces rejection around the immediate resistance level, it may continue within the range further.
Good morning, friends! 🌺🍬 Here are the directions for May 17th: There have been no changes in the global and local markets. The global market is indicating 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...
#AVANTIFEED is forming a nice contraction pattern on the chart and looking for a good move. Follow the levels on the chart.
BankNifty has entered the supply zone mentioned yesterday, ranging from 48051 to 48146. If BankNifty breaks above 48150, the nearest resistance zone remains at 48222 to 48457. On the downside, the nearest support zone is identified between 47160 and 47293, with a further support zone extending from 46870 to 47015.
Nifty found support in the demand zone between 22132 and 22071, dipping to a low of 22054.55 before bouncing back nearly 400 points to enter the supply zone at 22409 to 22589. As Nifty currently sits at the 50% retracement level of its recent 1000-point fall (from 22794 to 21821), it will be interesting to see how it reacts from these levels. The nearest...
#JMFINANCIL is looking for a good swing trade. The levels are marked on the chart.
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....
Nifty respects levels for every timeframe according to Fibonacci Series. 0.0, .38, .62, 1.00 For 17-5-24 Our stoploss was hit Yesterday’s Price movement was a Roller Coaster and surprise. But Nifty has to hold 22300 for more than 2-3 days for uptrend continuity. Gap UP/Down Opening : If high of First Hour is not broken then put stoploss there for all short...
GUFICBIO is nicely building up the volume and also, it broke the resistance. Let's see how it behaves this week. I would trade it with some retracement. I dont recommend others to trade on my views. DYOR
The chart shared itself is self explanatory. My plan will be as follows : In case 1, I will buy 47700CE when Banknifty touches 47750.90 and shows any confirmation on M1. In case 2, I will buy 47400PE when Banknifty touches 47391.40 and shows any confirmation on M1. In case 3, will buy 47300CE when price touches 47391.40 and shows any confirmation on M1 . Also...
Good opportunity to get some 4 to 6% in APLAPOLLO. It has given BO with good volumes..let's wait for some retracement. I dont recommend others to trade on my views.
As we can see despite its strong opening, we saw huge fall of over 500++ points with strong recovery closing at day’s high which shows the overall trend is strong bullish hence till the structure is maintained! Every dip could be bought without being scared so plan your trades accordingly.
I would like to trade NIACL once it crosses 260 with good volumes. I will wait for BO, Retracement and volume buildup. I dont recommend others to trade on my views.
tatamotors has given a long trendline breakdown, short with target as per specifed in chart , first target 891 than 860 828