🛑 Bank nifty trading above all the moving averages ie. 21 day, 50 day , and 100 day - Bank Nifty weekly 37500 🛑 keys Levels to watch out for day traders - resistance is at 38000 - 38100 -with the stop loss of 37900 - we can see target of 38300 - Support Levels is at 37700 - 37630 - with SL of 37800 - we can see Target of...
Nifty will be stronger above 18000 zone which crucial resistance zone if failed to close above that zone then we can see some correction in market it may can test the 17000 levels This will be crucial for nifty to sustain above the level until then market will be weaker , and fresh position buy only above 18000 until then stay light with quantity 🛑 NIFTY forming ...
Buy at 3945 (Demand Zone) SL at 3882.75. T1 :- 4007.25 T2 :- 4069.55 Suggestions are based on my own analysis only. Please do your own analysis before taking any trade.
Buy at 652.35 (Demand Zone) Stoploss at 632.65 Target 1 672.05 Target 2 691.75. Suggestions are based on my Own analysis only. Please do your own analysis before taking any trade.
Hindalco has a very important 6 time support from where it has recovered several times before . Recently the stock gave closing near this support . If the stock manages to break the support this time then we can see very good bearish momentum and easy intraday profits can be made. ENTRY : 474.0 (CLOSING OF 15 MIN BELOW THE SUPPORT) T1 : 468.80 (EASY TARGET) T2 :...
SBILIFE is showing signs of a weak breakdown (market has not confirmed it yet) from the trendline. Wait for the stock to cross 1195 which will lead to confirmation of a breakdown. Enter - 1195 SL - 1220 Target - 1100 R:R- 1:3.8
If Laurus lab closes above 624 levels with significant volume (important), then the levels 678 and 708 may be achieved. Disclaimer: Not a recommendation.
Today the Indian markets showed very good bullish momentum but it faded towards the end of the session due to mixed global cues and the market formed a symmetric triangle by the end of the session . If the market opens gap up tomorrow then nifty has to face a very crucial resistance at 17772 . If nifty manages to cross this level then we can see good bullish...
tested zone It is just a view based on demand/supply, pls trade at your own risk
jswsteel long buy wit It is just a view based on demand/supply, pls trade at your own risk
This scrip had recently given a breakout from a major resistance and now it had bounced back from that resistance after retesting it. Don't rush and take long position now, as it's a new month so there will be a new Pivot points, it's now trading below the monthly Pivot point as well as 21MA. Wait for the scrip to cross above Pivot as well 21MA before going long in it.
A astonishing weekly breakout looking forward for the price to move upward in the coming sessions.
This scrip is making consistent HH and HL and now it's bouncing back from the previous high, so we may see a new high very soon. So one can long this scrip at CMP with SL below the candle's low or below the 450 level. By going thr Fib Pivots, the target is around 518 level and i expect even more from this scrip.
This scrip had a strong bounce back from the support zone with volume which is triple than 21VA. It is also making HH and bouncing back the previous highs consistently, so as it is now taking support from previous high it will be a good trade opportunity in this scrip and it's well above the Monthly Pivot as well. Swing traders can long this scrip at CMP with SL...
This scrip is in an uptrend for a while and it had recently given a breakout from a mojr resistance, it is now consolidating a bit. It had formed a small wedge sort of pattern in which it's being traded for past one month. By the way there's also a small trendline within the wedge pattern, so this scrip ha the potential to go up in coming days, if the markers too...
As the auto stocks are in focus and are expected to be bullish for next 2-3 years, we should utilise this opportunity to generate some good returns on it. I'm Bullish on this scirp as it had given a breakout from a small trendline and it bounced back from the support zone as well as Yearly Pivot. Long in CMP SL below the previous swing low First Target of major swing high
Nifty Auto Index is clearly showing breakout on the weekly charts. Last week candles closed out of the symmetrical triangle. It was accompanies by RSI breakout of the last 20 weeks moving average. Potential upside in the index possible for 2000 pts (+20%). BO is converging with upcoming festival season in country and maybe precursor for good auto sales in the...