The Bank Nifty showed impressive resilience today, staging a strong recovery from key demand zones as anticipated. Closing around the crucial 51,000 level, which serves as both a psychological barrier and a former demand zone turned supply zone, sets the stage for an interesting session ahead. If the Bank Nifty opens flat tomorrow, the 51,000-51,100 range is...
USDJPY buy Idea, this pair has gone up from previous structure and now has retested area of support. only 30 pips stoploss with 1:5 plus RR potential.
Hello Everyone. The market was in a very tight range the previous day. Let the resistance or support range break with 15-minute candle before going for any trades. If the market opens flat then we can see continuation of trend. If it opens gap up then we need to see the resistance level to break before looking for CE trades. If it opens gap down then look for PE...
#jkpaper #swingtrading #swingtrade #breakout #momentumstock #trendingsetup J K Paper : short term (1-3 months) >> Momentum Stock >> Trending setup >> Low PE stock : 8 >> Good strength and volume spurt >> Low Risk High Reward Trade Swing Traders can lock 10% profit & keep trailing Please give a Boost or comment if u r Liking the analysis & Learning from it....
After 7 trading sessions, a bullish candle has closed above the previous day's close, suggesting that the market is likely to move in a sideways direction. The resistances are at 51300 followed by 51500 and the support is placed at 50700 and 50500. The market will move in these ranges.
Hello Everyone. The market was in a very tight range the previous day. Let the resistance or support range break with 15-minute candle before going for any trades. If the market opens flat then we can see continuation of trend. If it opens gap up then we need to see the resistance level to break before looking for CE trades. If it opens gap down then look for PE...
Hello Everyone. The market was in a bullish mode today. If the market opens flat then we can see continuation of trend. If it opens gap up then we need to see the resistance level to break before looking for CE trades. If it opens gap down then look for PE trades after support zone is broken. Let the market settle in first 15 to 30 minutes then look for...
Tata tech is back to the breakout line taking support, can buy if there is a breakout with stoploss below the trendline.
TimeTechno in Bullish trend since last one year. Now, its again ready to move higher after taking reversal from its support level 359. Suggest enter this trade @ 385 for the targets T1: 420/ T2: 450, keeping SL : 355
ENTRY TARGET SL Mention in the chart. ALWAYS TAKE TRADE WITH CONFIRMATION Note : Trading in any financial market is very risky. I post ideas for educational purpose only. It is not financial advice. Do not hold us responsible for any potential loss you may incur. Please consult your financial adviser before trading.
MCX:NATURALGAS1! looks bullish. If we look at the daily chart carefully, we will see it retraced a lot and tested 125. Then it is mostly a range bound from 140 to 280. Now this 280 level is also the 23% Fib retracement level. Around this level the price hits already 5 times, after breakdown almost one and half year back. However this time it has created a W...
Testing some trends lines , S & R. If someone seems helpful, can use. Major levels already shared. Study, education & learning purpose only! Happy Trading!
On Tuesday, BankNifty opened gap up and finally showed some bullish momentum after six days of downtrend, reaching a high of 51,176.05. It closed at 51,021, gaining 542 points from the previous close. The Weekly Trend (50 SMA) is sideways, while the Daily Trend (50 SMA) remains negative. Though BankNifty broke the daily demand zone (below 50,369.40) on Monday, it...
Nifty has shown a hollow strength above 25600 and 26277 with lesser volume than breakout. In this fall If Nifty closes below 25500 then this uptrend will be proven as Bull's Trap. close all your long position below 25500 or close all short positions above 26200. Beware that This Oct,2024 might shake all your stock market related assumptions. I am hoping a BIG...
If the market opens above 25,155 - it will touch 26,135 If the market opens below 25,155 - it will touch 24,180 and then bounce back in the upward movement. Strong Support at 24,300 which combines both the horizontal and parallel support levels.
On Tuesday, Nifty opened with a gap up, as expected, finding support near the 61.8% FIBO level (24,804.25). It made a high of 25,044 and closed at 25,013.15, gaining 217 points from the previous session. If Nifty breaks and sustains above 25,143, we might see a bullish rally that could extend to 25,420 or even 25,739. The Weekly Trend (50 SMA) remains positive,...
Maybe we are not in a leading diagonal but a sub wave 5 within wave 3 so then we should go make a new high without any new lows
stocks has given tl breakout and taking support on resistance line and getting ready for fresh run only for educational purpose not for sugesstion