As we discussed, BANKNIFTY opened sideways and went bearish for 1 hour. After that, it started recovering and touched 52990, almost near the given target, and fell in the last hour. If we look at the chart now: The market is trading at an all-time high. In the last 30 minutes, the market made correction. I am expecting some more corrections in upcoming...
We can go short in BN positionally with very small Stop Loss.
The waves shown in green color are supposed to form to complete last leg 5 of impulsive wave drawn in color pink. There the blue color impulsive wave 3 will also get concluded. in case, wave 5 is equal to wave 1 which is of length1185 otherwise it can be 1.618 of wave 3 which is around 24300 but within this last leg of 5 in pink color applying the same rules...
Go through the analysis carefully, and do trade accordingly. Anup 'BIAS for the day (21-06-2024) Current price- 2365 "if Price stay below 2386, then next target is 2346 and 2332 and above that 2394. -POSSIBILITY-1 Wait (as geopolitical situation are worsening ) -POSSIBILITY-2 Wait (as geopolitical situation are worsening) Best of luck Never risk 2% of...
Reliance seem to be giving H&S pattern breakout with 200 point move. If it crosses 3050 then 3200 is very much possible in reliance. Sl is below todays candle.
Price Analysis & Overview: 1. Price moving from demand zone. 2. EMA support is taken. 3. Double bottom type formation can be seen. 4. A strong trendline breakout will be expected. 5. Earnings are good. Trade Plan: 1. RRR is favourable. 2. ENTRY = CMP around 1588 3. SL = 7-8% 4. TP = 30-40% - Stay tuned for further insights, updates and trade safely! - These...
2017 Potential Breakout Trade will be activate only above 800 (Daily Closing) Sequential targets : 1020 / 1250 / 1350 SL : 680 (Will trail with targets)
#Optionbuyers #Niftyoptionscalping 1️⃣ Zones you always Like:- 👉Green zone- Institutional support 👉Red zone - Institutional resistance 👉Gap between institutional zones is always of 100 points 👉Zone is created with the help of pivot points and Fibonacci 👉Advance version of price action 👉Trades based on Nifty future chart 2️⃣ Trade Execution:- 👉Trade based on...
Checkout an amazing breakout happened in the stock in Weekly timeframe, macroscopically seen in Daily timeframe. Having a great favour that the stock might be bullish expecting a staggering returns of minimum 25% TGT. IMPORTANT BREAKOUT LEVELS ARE ALWAYS RESPECTED! NOTE for learners: Place the breakout levels as per the chart shared and track it yourself to get...
Fundamentally good stock, Good For short term investment in cash market'. Leave a " Like If you agree ".👍 . . Entry: 335/ 321 target: 342- 355- 393 - 400 sl: 321 major stoploss / support: 311 . . Enter only after breaking & close above " Yellow box " mentioned. ' ' Don't make complicated trade set-up.📈📉 Keep it " simple, focus on consistency💹 Refer our old...
The stock has breached a curcial resistance of 8464 lately with good volumes and momentum currently the stock is trading above that levels and i expect certain retacement till the 8464 levels,retesting that levels would further enhance the reliability in the stock However major concern for the company is its fundamentals which are in ailing health and concerns...
27 JUN 2024 WORLD MARKETS 1. World markets are consolidating with a positive bias. INDIA VIX AND GIFT NIFTY 1. India VIX is at 14 and is below indicating more bullishness. Buy on dips will be a good strategy. 2. GIFT Nifty is indicating a negative opening with a 60 points down tick at 23800. This amounts to 200 points downtick for bank nifty at 52500 INDEX HEAVY...
For educational purpose only. Not a buy or sell recommendation.
Symmetrical Triangle Breakout Setup RSI above 60 and rising Trading above EMA50 Volume accumulation ~5months of consolidation Disc: for study, not a recommendation
Currently the price is in a downtrend with normal strength. Today we have a red candle with a declining RSI levels. The price could test the levels of 122. For tomorrow the tentative range could be 130 to 120.50 Disclaimer: This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
#RAYMOND trading above Resistance of 1734 Next Resistance is at 2676 Support is at 1339 Here are previous charts: Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined. Disclaimer: This is for demonstration and...
Om Birla has been successfully elected as the Speaker of Lok Sabha at the convenience of BJP. Session is set to begin. Finance Minister will be ready with her Budget anytime now. And we all know what happens when Budget comes and considering the performance of BJP in UP, Harayana and Rajasthan, farmers will get far more than what we expect, if not the farmers,...