Nifty spent considerable time inside the 30m supply zone mentioned in the last post before breaking out around 12:30 PM and making a new all-time high of 23,754.15. Both the weekly and daily trends (50 SMA) are positive. Support Levels: Near small support/demand zone (5m): 23,675 - 23,689 Major support/demand zone (75m): 23,562 - 23,611 Currently, there is no...
Rating agencies comments that "Water Crisis" can undermine India rating may get un-noticed to the casual eye. The rush to the banks, despite the select few, on relative value, will need finally be seen percolating to the rest of the pack too. One has to wait and see. Clearly the cost concerns appear to be behind. The only short-term hurdle is HDFC share near...
Nifty levels for intraday.... with this levels wait for 15 min candle closing above that levels. You can trade with breakout and reversal both.
Good morning, friends! 🌺🍬 Here are the directions for June 26th: The global market is showing a slightly negative sentiment, based on the Dow Jones. Our local markets are showing bullish sentiment. However, today, the market may open with a neutral to slightly gap-down start, as indicated by GiftNifty, which shows a decrease of 10 points (as of 8:00 AM). Nifty...
Bank Nifty had a long rally, so if the market opens neutral to slightly gap-down, then structurally, it could also take a maximum 23 to 38% correction. After that, if it finds support around 38%, we can expect minor consolidation for the rally continuation. The alternative scenario differs a bit from Nifty. Bank Nifty has extended more compared to Nifty, so...
Gold prices continue to be influenced mainly by US interest rate expectations. And the stability in recent sessions reflects the lack of strong signals on the Fed's monetary policy. World gold prices plummeted as the USD continued to demonstrate its strength compared to most other currencies in the world Gold price dropped sharply mainly due to the increase in...
The bulls celebrate, the bank's roar, more particularly the heavy weights, the triad of HDFC AXIS and ICICCI. Bring old memories back when they held the market to ransom on occasional indulgences. Select one's pushing the whole Group. FED officials comment on not to be influenced by the Group Think (a reference to the members to have their own individual...
As we can see despite NIFTY’s strength, it couldn’t break above the structure and closed inside the structure which can result in sluggishness. Hence as long as NIFTY is between the structure we can’t define any specific directional move and can expect a sideways to weak market in coming trading sessions so plan your trades accordingly.
Yello, traders! Are you ready for what could be a significant shift in INJUSDT's trajectory? Let’s dive into the details: 💎INJUSDT has shown an Internal Change of Character (I-CHoCH), taken inducement, and then formed a W pattern from the support zone, which increases the likelihood of this pattern playing out. 💎If INJ breaks above the resistance zone, it will...
Important support & resistance levels of BANKNIFTY Important support & resistance levels of BANKNIFTY.......................thanks for fallowing me
SHORT TERM Buy with sl 115 cmp 147 target 210 FLAG PATTERN BREAKOUT
India will always need wheels to move forward. NSE:WHEELS looks good to move towards 1000+ levels. Base formation done.
GOLD SETUP TRADE WIH 1:10 RISK REWARD A good Buying detected on GOLD It's showing a fall 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 A good Buying detected on...
Yesterday the price touched the wave 4 target zone that we predict is the 2329 zone. - Currently, the price is reacting at the 2334 area. Looking at the current H1 candlestick model, we see withdrawal candles appearing in this area, proving that there is very strong selling force blocking the price increase in this area. - The ending target of this correction is...
Go long in aarti if it starts to build momentum and breaks market structure in the demand zone , wait for confirmation to enter target
Today I would like to give you the strategy signal with sell plan My plan is: SELL XAUUSD 2327-2333 SL is above TP expect with R:R = 1:1.5
FINOLEX INDUSTRIES Trading at trendline support. Close within 52 week zone. Outperformer. Disclaimer: For educational purpose only. Please do your own research before taking any trades. Happy Trading!