-Reversal + Box Breakout- Can Give Decent Return Above Box -keep in radar above swing high entry is possible -keep 10-12% target for safe side
Analysis: Tejasnet shows uptrend potential. Can expect quick momentum Entry: Consider current price Disclaimer: For informational purposes only. Do your research or consult a financial advisor.
202405- BNB potentials dump around 10-30% from here The cloud getting smaller, the pattern is forming Suppose to be dumped very soon.
This stock up move as per the below prediction 1.21 Ema above 50 Ema 2.50 Ema above 200 Ema 3.Price above 21 EMA 4.21 Ema retrace 5.Stock in unmoved 5.ROCE >15 6.Debt to equity<1 This is for the educational purposes
Analysis: THOMASCOOK has formed a flag pattern and it has broken out and shows strong uptrend potential with solid technical indicators. Entry: Consider current price Disclaimer: For informational purposes only. Do your research or consult a financial advisor.
BankNifty traded relatively flat today, confined within a range of 300 to 350 points. The near support zone is identified between 47160 and 47293, with a further support zone extending from 46870 to 47015. Meanwhile, the nearest resistance zone for BankNifty remains unchanged, situated at 48051 to 48146, with a more distant resistance observed between 48222 and 48457.
Analysis: ESABINDIA has broken out from the trendline and shows strong uptrend potential Entry: Consider current price Disclaimer: For informational purposes only. Do your research or consult a financial advisor.
Today was the second day of pull back and just fell shy of 48000 level with the high coming in at 47937.25. Tomorrow 48000 level fight could be seen with hits on both up and down. 47919 and 47799 is the smaller range. With bigger range at 48019 and 47679. 48178 to watch above 48019. Happy Trading !!!
The gold market today showed a modest recovery, with the metal trading at approximately $2343, reflecting a 0.34% gain since yesterday's notable decline. However, there are emerging signs that gold may be forming an inverted cup and handle pattern. If this pattern fully materializes, it suggests the possibility of a further downside correction, reaching a...
Hello everyone, are you wondering about the trend of EURUSD? Currently, EURUSD continues to correct upward with the rise of bearish sentiment towards the US Dollar (USD) promoting a strong reaction of EUR/USD. The pair broke through many important resistance levels and turned this into a new support level. The recovery trend of EURUSD is also guaranteed when it...
Nifty encountered resistance within the 75-minute supply zone identified between 22244 and 22369, as mentioned in the previous post, resulting in a minor downward reaction. Further downside movement is anticipated, with expectations of a decline towards the support zone located at 22132 to 22071. Additionally, a distant support zone is identified at 21934 to...
**Analyzing Bank Nifty Index Levels for May 15, 2024** ### Support Levels: 1. **Primary Support Level:** 47620 - Identified as a significant support level, traders should monitor price action around this level for potential bounce-back opportunities. 2. **Conditional Support Level:** If the market opens gap up above 47814, anticipate support around 47800,...
**Navigating Nifty 50 Index Levels for May 15, 2024** ### Resistance Levels: 1. **Primary Resistance Zone:** 22300 to 22350 - If the market breaches and trades above this range, it could signal a bullish momentum, potentially leading to an upside movement in Nifty 50. ### Support Levels: 1. **Primary Support Level:** 22150 (Conditional) - If the...
15 MAY 2024 WORLD MARKETS 1. World Markets are looking bullish. INDIA VIX AND GIFT NIFTY 1. India VIX is above 20 indicating bearishness. However Market is looking bullish inspite of high VIX. The RSI is indicating over bought levels. So we may see some pull back to 15. This means some upside may happen tomorrow. 2. GIFT Nifty is indicating a flat start. INDEX...
I analyzed ZENSAR TECHNOLOGIES. The stock is bearish and is in Zigzag correcive Wave. It is headed down to channel bottom and can also test 200 EMA in that region. Possible targets 543 and 529. I will buy once it reaches these levels as bullish cypher or bullish shark pattern will form.
BANKNIFTY Intraday Trade Setup For 15 May 2024 Bullish-Above 47950 Invalid-Below 47840 T- 48511 49050 Bearish-Below 47600 Invalid-Above 47710 T- 47000 BANKNIFTY has closed on a slight bullish note with 0.22% gain today. It was total consolidation day, index traded between 47900 and 47600 for the whole day. Nothing triggered as per trade setup today. It has...
NIFTY Intraday Trade Setup For 15 May 2024 Bullish-Above 22280 Invalid-Below 22230 T- 22500 Bearish-Below 22080 Invalid-Above 22130 T- 21800 NIFTY has closed on a bullish note with 0.51% gain today. Unlike BANKNIFTY it was trendy after 11 o'clock. Buy triggered as per trade setup above 22150 and gave a move till 22270, however target was not achieved. On a flat...