Bank Nifty Chart Pattens ** Public sector banks' discount to private banks close to historic lows, Macquarie says, a positive for the latter ** Adds, State Bank of India's SBIN valuations compared to private peers Axis Bank AXISBANK and HDFC Bank HDFCBANK show discount is now 1-standard deviation below historic averages ** "There is a clear preference for...
As per Elliott WAVE theory if the HDFC bank is running impulsive WAVE 3 and then it is yet to form wave (v) of wave 3. For that it need to move higher than recent high of 1681 and as there is trendline resistance around 1687 so most likely HDFC bank will face lots of resistance in the range of 181-1700 and will come down a little bit in the form of WAVE ABC -...
Bank Nifty was trading in a small range for last few days and completed time wise correction. Bears failed to hold it below 50050(.786 fib level), so high chances of hitting 100% and goes up in extension to hit the channel top. As per daily time frame Super Trend and fib channel we have a great opportunity in long with small SL. Stop Loss below 50130...
- trading below S1 so the profit will be more - 19th feb formed inverted hammer and the following candle moving up side so it makes the trend reversal - volume also has increased this analysis is for learning purpose only. It is just a view, please trade at your own risk. I'm not SEBI registered adviser.
10 Most Powerful Candlestick Patterns for Intraday In intraday trading, where time is money, candlestick charts are highly useful for traders. These patterns, formed by the open, high, low, and close prices within a specific time frame, offer insights into market sentiment and potential price movements. Recognizing patterns like bullish engulfing or doji...
Hi All, This is about Huhtamaki India Ltd Fundamentals: Market Cap - 2959 Cr Stock PE - 27 ROCE - 12.5% ROE - 13% Promoter Holding - 67% EPS - 53 PEG - 0.83 Quick Ratio - 1.56 Debt to Equity - 0.22 Technicals: 10 year breakout on weekly chart with good volume support. Expanding moving averages after a tight consolidation Should wait for today's closing...
Hello everyone as some of our fellow traders having issue with chart as written analysis posted under it was old & they wanted to see chart pattern so here's the new chart & CDSL analysis(new) will be posted here from now onwards. (i)price is strong & formed a pattern on day time frame which says price can move up further but there are few zones marked as we need...
Dr reddy's lab is making a cup and handle formation in the chart, if its breakout is confirmed at level 6125 after the breakout we will take entry after it is retested there are 1st target is 6400 and 2nd one is 6500
Today we got the same move as we discussed on yesterday. Now the price has broken the support of 126 but we have a hammer candle. For tomorrow the volatility could be high. Disclaimer: This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
Price Analysis & Overview: 1. Prices have taken support from the fib golden zone. 2. EMA are also supporting the trend. 3. Minimum ATH resistance level will be expected. 4. Above 720 RSI will show further strength for bullish momentum. 5. RRR is favourable. 6. Retracement based trade setup. Trade Plan: 1. ENTRY = CMP 590 2. SL = 10% 530 3. TARGET = 40%...
BITCOIN SETUP TRADE WIH 1:5 RISK REWARD A good Buying detected on BTCUSD It's showing a BULL MOVE due to these reason 1. It's following THE 60 M trendline here 2. It's ready to break the neckline 3. In day chat it's showing the heavy bullish pressure Just grab out will your own risk With a small amount Stay connected Stay happy Bande mataram BITCOIN SETUP TRADE...
Utilizing the support and resistance levels of BankNifty, along with the 5-minute timeframe candlesticks and VWAP, can enhance the precision of trade entries and exits on or near these levels. It is crucial to recognize that these levels are not static, and they undergo alterations as market dynamics evolve. The dashed lines on the chart indicate the reaction...
Today Nifty has broken out a consolidation range and has closed above the range. Due to the same there are 2 possibilities 1. Gap up and continue to the upside the next day 2. Retrace back to an area of support or demand level on the price chart. It will be interesting to see if price pulls back to the 15 mins demand zone for a continuation move to the upside
AMARA RAJA ENERGY MOB LTD Gap-up and breakout. Pullback to 10 EMA and reversal . Daily Timeframe Disclaimer: For educational purpose only. Please do your own research before taking any trades. Happy Trading!
📈 Bank Nifty Spot Technical Chart Analysis 📆 Levels for 25 June, 2024: 📊 Range Point: 51704 📉 Day Range: 645 📈 Buy Above: 51538 💼 Average At: 51461 🎯 Buy Target 1: 52103 🎯 Buy Target 2: 52349 🛑 Buyer Stoploss: 51323 💰 Sale Below: 51385 🎯 Sale Target 1: 51305 🎯 Sale Target 2: 51059 🛑 Seller Stoploss: 51600 ✨ Boost, follow, and engage for more insightful updates....
Hi, An bullish on-neck Breakout pattern emerged on the Daily chart of NSE:CHAMBLFERT MACD on daily, weekly and monthly time frame is on the bullish side and also expecting the bullish setup to continue. In the current market scenario, I am expecting that the bullish momentum will continue. Complete price projection like entry, stop loss and targets...
NSE:APOLLOTYRE broke out of falling trendline resistance yesterday and re-tested today. Expecting some good moves here for July expiry. Seems like it will not take much to break above the base for a double bottom breakout 520+ level. It should have closed in green today but it did not so may take some time as well before the big breakout.
According to the degree and nature of separation in bands the price is in the compression zone. Also a Darvas Box is formed in this zone. Wait for the breakout or breakdown of the box. Currently there is no trend in the price. Disclaimer: This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.