BANKNIFTY Intraday Trade Setup For 14 May 2024 Bullish-Above 47850 Invalid-Below 47740 T- 48480 Bearish-Below 47200 Invalid-Above 47310 T- 46650 BANKNIFTY has closed on a bullish note with 0.74% gain today. Index respected the lower trendline support of the channel pattern it is following. In the weekend also we discussed that there is a possibility of halt or...
NIFTY Intraday Trade Setup For 14 May 2024 Bullish-Above 22150 Invalid-Below 22100 T- 22430 Bearish-Below 21820 Invalid-Above 21870 T- 21600 NIFTY has closed on a positive note with 0.22% gain today. Index respected the lower trendline of the channel being followed in daily TF. Index has formed a Pinbar candle which indicates a potential reversal in the short...
Tomorrow If take any chance take trade between this level so take a small trade acc to your ROI
Increase in margins..future could look bright.. cheap valuations.. market could reward the co going ahead. long on the gapup tomorrow (Ideal gapup would be 540 where its also a wedge breakout) and an additional buy above 570 (New ATH). SL for the first buy would be sub 490 where I doubt it'll go..
📈 Stock Name - Dynamic Cables Ltd 🌐 Ichimoku Cloud Setup: 1️⃣ Today's close is above the Conversion Line. 2️⃣ Future Kumo is Turning Bullish. 3️⃣ Chikou span is slanting upwards. All these parameters are shouting BULLISH at the Current Market Price and even more bullishness anticipated AFTER crossing 523. 🚨Disclaimer: This is not a Buy or Sell...
Bitcoin BTC large parallel channel, the upper line is the top, the middle line is the oscillation, and the lower line is the bottom.
Nifty is trading below Monthly CPR and Below Weekly CPR , today since 20 and 50 SMA in 5 min chart provided support to the candles therefore the prices atarted to move up towrds 5 min CPR and PDH levels . Tomorrow we have to look if falling 50 SMA in hourly chart is providing resistance or it is acting as a support , We can trust bulls if the price is able to...
stock consolidated and given breakout, would give 20 percent move upside..
stock shows strong strength upside could see 20 percent move in near future SL could be breakout candle or 10 ema
stock seems to do well in future as its picked up momentum .. all time high and going in single direction no resistence upside
Bank Nifty is trading below Monthly CPR and inside Weekly CPR , today since 20 & 50 SMA in 5 min chart provided support so price started to move up towards 200 SMA and hourly 20 SMA. Tomorrow We have to check if falling 50 SMA and 200 SMA in hourly time frame is acting as a resistance or it is also allowing candles to pass through it . If hourly 50 and 200 SMA...
UPL trading with 60% discount - a strong downtrend followed by good consolidation with the volume - Broken the important level on the upside - Made a strong base which can support good upmove in the stock
Current Trend: BankNifty has experienced seven consecutive days of selling pressure, but this trend appeared to ease somewhat on Friday. Key Levels: Resistance : Immediate resistance is seen at 47600. Support : Support is established around the 47300 level. Potential Scenarios: Rejection or Breakout/Breakdown: Watching for how BankNifty reacts at...
HSTECH has gone through a deep correction in last few years. My wave counts suggest that the bottom has been made and it's the beginning of the next leg up/ or at least a big enough pullback of the entire fall - in any case a good bullish trade. We have completed Wave 1 and 2 and Wave 3 has begun. Within wave 3, just minor 1 has been done and wave 2 correction...
cmp 2158.6 near 3 year resistance line closed above 2 month shortterm resistance. if closes above 2200 next week with good volumes may run towards 2300-2350 just a educational post not a trading idea.
As can be seen there is supoertrend support on weekly in Abbot India counter. Good 1:2 risk reward is available on this. Considering 7% risk limited qty can be taken and if it provides a small dip towards 25200 better risk reward is possible..
cmp : 501 current price action suggest upl may test 523 and 540 levels again. if closed above 540 for 15 sessions then we may see a potential reversal for upside targets. sl 450 closing basis note : its a educational idea and not a trading idea. invest on your own analysis.
You can see my last post on banknifity ,second possibility work , which is a strong DEMAND ZONE and BANKNIFITY create all time high and break the previous structure. It is not advisable to enter without confirmation from a lower TF.