NSE:BANKNIFTY ANALYSIS FOR TOMORROW 🔺 ❇️ IMPORTANT LEVELS 🚀 ❇️ Support: 50850-50800-50690-50530-50410. ❇️ Resistance : 51010-51110-51240-51350 👉🏻 PURPLE LINE : 50840 is a key level, above buying, Below selling. 👉🏻 @thetradeforecast 🇮🇳
Hello traders , here is the full multi time frame analysis for this pair, let me know in the comment section below if you have any questions , the entry will be taken only if all rules of the strategies will be satisfied. wait for more price action to develop before taking any position. I suggest you keep this pair on your watchlist and see if the rules of your...
As we can see BANKNIFTY has filled its much awaited gap and can be seen trading around trendline resistance. Now as long as BANKNIFTY trades below the trendline, every rise can be sold till it closes above the trendline for change in trendline for target being new ATH so plan your trades accordingly.
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. Similarly,...
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....
On this monthly chart LUPIN just broke-out from about 9 and half years long base. It is now trading slightly above the breakout point. If it sustains above 2025 level, we can see some significant rally. The momentum is pretty strong as indicated by RSI that is rising above 60. Its relative performance to CNX 500 is strong and is rising above its 12-month MA....
The stock has been forming a cup and handle pattern on the weekly time frame where the 965 level is acting as a crucial resistance however it can be shattered if the market sentiments favour and after that a prelonged rally , however a major concern for the company is its ailing balance sheet which shows quite concerning factors but for a swing trade it can be bought
NSE:RADICO looks strong and is attempting a breakout. One can buy above 1850 and keep that level as stop loss. Clean chart. Strong business.
NSE:INDIGO has given a very clean breakout and a stop loss at ~4500 can be maintained here. Clear Blue Sky for the Stock to Fly ;)
NSE:INDIGO has given a very clean breakout and a stop loss at ~4500 can be maintained here. Clear Blue Sky for the Stock to Fly ;)
Gold rose rapidly to around 2518 during the US trading session on Friday due to risk aversion, but the overall one-hour trend showed that although the rebound was strong, the gold price has not really turned to long. The most intuitive signal is that gold prices failed to effectively break through the 2520 line and the historical high of 2531, indicating that...
Bank Nifty Bank Nifty had a significant swing, but it looks like a range-bound market. My expectation for this week is a sharp and long rally. that's If the market sustains around the 61% Fibonacci level, then it could reach a minimum of 51,563 and potentially up to the 78% level. This is our primary scenario. Alternate Variation: The alternate scenario is...
Nifty and Bank Nifty Directions and Levels for August Last Week. Global Market Overview In the previous week, global markets experienced a long consolidation. By the end of the week, they closed with a solid green candle (based on the Dow Jones). Structurally, this indicates a positive bias; however, some events are on the horizon. If this support holds, our...
Hello traders , here is the full multi time frame analysis for this pair, let me know in the comment section below if you have any questions , the entry will be taken only if all rules of the strategies will be satisfied. wait for more price action to develop before taking any position. I suggest you keep this pair on your watchlist and see if the rules of your...
1M - Cup and Handle Pattern Strong breakout Some months volume also increases.
RBMINFRA is breaking out from a 7-month base taking the stock to trade at new heights. It is now trading very close to the breakout point (after breaching the resistance during the last week). If it starts trading above 745 we can see some good rally. On this weekly chart momentum is strong as indicated by RSI that is moving up above 60. Its relative performance...