📈 Bank Nifty Intraday Spot Chart Technical Analysis: 16 May, 2024 📊 Range Trigger Point: 47687 📉 Day Range: 423 Points 💰 Buy Above: 47796 💼 Average At: 47746 🎯 Buy Target 1: 47949 🎯 Buy Target 2: 48110 🛑 Buyer Stoploss: 47655 💰 Sell Below: 47696 💼 Sell Target 1: 47426 💼 Sell Target 2: 47265 🛑 Seller Stoploss: 47837 Don't forget to reciprocate your love by...
- Bome is a new crypto theme and these meme coins work in a theme only theme new names new hype new money infusion - From meme coins, your only goal should be to maximize as much as possible and not get in love with it or keep it in your portfolio forever - Have a small allocation of 5-10% on your overall portfolio and forget it - Bome is looking good for a...
- Bitcoin Dominance is currently looking bullish on a daily timeframe - Bitcoin Dominance bearish is a green signal for Altcoins holders - Once you see Bitcoin Dominance getting rejected from the 56-57% level altcoins will recover the partial dump they all made recently - Altcoins bags exposure will be right once you see dominance trading at supply - Buying...
- Aptos is currently trading at its weekly demand zone - Aptos is fundamentally strong with a good development team and the only thing that is a little concerning is its total supply and its unlock - From a technical perspective I find Aptos trading at an extreme zone - Watch out aptos at this zone you can add positional swings - I see an easy 100% from here...
Hi All, I am Elliott wave analyst and i am more focused on Nifty 50 stocks, my trade idea would help learner/investor to identify the trade setups and market direction. I am not Sebi registered analyst, nor this information is for Buy/Sell or Sell/Buy. ' Investing or Trade setup:- We are in uptrend and completed 4 Subminute wave now we are looking for Micro 1 and...
BankNifty shows a downtrend in last few sessions and take a pullback, Bank Nifty formed symmetrical triangle pattern in last session, if tommorow Bank Nifty breaks symmetrical triangle pattern downside then we can expect a big move in downside or if it breaks upside the we can expect more pullback for 1 or 2 sessions, here are some levels for your...
Expecting a Breakout Swing upside Target 174 from CMP Note: This is just a view and not a recommendation
Hello there After making low of 21821..good pull back seen.. Currently nifty in range Yesterday also closed at 22200 almost & today too.. It seems 22150 creating support.. All though today high made of 22300 still nifty face rejection from this levels, hence nifty must hold 22260 & above for further upmove.. Thank you 🙏
A breakout in Inverted H&S and a Flag Pattern being created. Breakout of inveted H&S leads to 75K above tht it breaksout from the flag pattern as well. making a target of 102K.
Post super results...the stock pulled back and might've taken out many stoplosses.. Now its turned around again.. Long above 2360 where there would be a wedge breakout with stoploss below 2240. Double up the allocation above 2680. There is a high tight flag setup here..so if it breaks into a new high..might lead to a good move..!
Nifty is in uptrend channel from last few sessions, now Nifty is taking support of the channel and forming symmetrical triangle pattern too, Nifty was moving in range of 22233-22164 in last session, if tommorow Nifty breaks this range either upside or downside, then we can expect big move. Here are some levels for your information. I am not SEBI registered...
Nifty respects levels for every timeframe according to Fibonacci Series. 0.0, .38, .62, 1.00 For 16-5-24 Nifty has broken a Trend Channel’s Lower Support Line with BIG Price Breakdown and closes below it for the first time after Jan.24. Now this Support Trend Line will become A Very Tough Resistance for any Relief Rally. A Short covering upto 22150-22280...
As we can see BANKNIFTY remained more like sideways to negative throughout the day after rallying for past two days. We can expect further rally from here till it maintains itself above the structure so plan your trades accordingly
Huge volumes for 4 days combined with last pivot taken out with huge volumes today...should see more upside
Chainlink at the Forefront as US Inflation Data Sparks Market Confidence The Consumer Price Index (CPI) data stood at 3.4% indicating a slight decrease in the Inflation rate. The drop in the inflation rate has cast a favorable light on the broader market, resulting in noticeable price enhancements across Bitcoin and various altcoins including Chainlink. The...
AEVO Down -80% from Its All-Time High AEVO, listed on Binance on March 13, 2024, experienced a significant price movement shortly after its listing. Within 15 days, AEVO hit an All-Time High (ATH) of $3.94 from its listing price of approximately $2.80. Current Status: Current Price: $0.76 Down -80% from ATH Technical Analysis Highlights: - The chart indicated a...
GEOJITFSL has given breakout of 6yrs long resistance level at 100. This has good upside potential with possible targets at 135, 147, 150+ If this closes above 102 on weekly basis, it can be bought for long term period. Risk in the trade is 15% as closing below 90 will invalidate the pattern. Thanks Piyush Gupta Learn & Earn
In my opinion, I am looking to buy , which is a strong DEMAND ZONE XAUUSD and break the previous structure. It is not advisable to enter without confirmation from a lower TF.