Crypto Market Cap, BTC/USD, ETH/USD, USDT/USD, XRP/USD, Bitcoin
Reliance, INDIABULLS HOUSING, YES BANK, STATE BK OF INDIA, HDFC BANK, TATA STEEL LTD
Nifty, BSE SENSEX, S&P 500, Nasdaq Composite, FTSE 100, DAX Index
US 10Y, Euro Bund, Germany 10Y, Japan 10Y Yield, UK 10Y, India 10Y
Today will be gap up opening near 35500 level in banknifty. If it is trading and sustain above 35500 level then possible it will give bullish rally towards the 36000 and 36500+ level. Below 35500, it will give 300-400 point downside upto 35000 level.
Multiple Rejections at a same levels means weakening of Resistance. Stock faced 5 Rejections at marked Neckline. Stock consolidating since 4 months. Longer the consolidation, Powerful is the breakout. Combining both the observations, Move will be sharp. Targets will be 48/58/66 Stop Loss below Consolidation lower band. Not a Trade Advice/ Recommendation. Do...
In the last 2-3 trading session NIFTY trading in a downtrend and its formed a falling wedge pattern. Still, it does not give this pattern breakout but if but nifty open with gap up this breakout will happen and possible we will get next target 15175 and 15230+ in the upcoming trading session. 15175-15195 will act as major resistance to reach the final target.
NSE:HINDUNILVR HUL is always strong in fundamentals... and this stock can go till 2400,2500... DISCLAIMER : This is just for educational purpose....
I have a very simple Intraday strategy which works really good. I would like to know your comments, advice or any faults you think my system might have, do paper trade this before actual trading. After market hours I scan stocks in the 15 min time frame to find out which stocks have broken above or below a range of say 20 bars behind. Meaning from last 300 mins...
Clear TL BO and Box representation. Good volume spike in 30min candle since its only the one completed yet. Also it did break the double top formation in 4hr TF
Today will be a gap down opening in banknifty. Expected it will open near 35500 level if it is trading below this level then possible further 300-400 points downfall towards the 35000. The positive side only if sustain above 35500 levels.
The scrip is trying to break its 3yr plus resistance. Just look at the level of accumulation going on in there. The last time it tried super hard was in the week starting of 24th August but later on 31st August, sensex crashed hard, so chance gone. Then it tried again and the next day was 21st December, yet another biggest crash in post-covid scenario, chance gone...
In yesterday's trading session, DIVISLAB gives breakout of its downtrend channel. After this breakout expected it will go till 3750+ level in the upcoming trading session.
Notice the massive weekly bullish volumes stating huge accumulation. This scrip could potentially be for long term since its a bigger TF and a very large multi-year spanning pattern.
Wait for the break out to enter... or buy when price retest this level (304-307) DISCLAIMER : This is just for educational purpose....
All logic explained on chart. check link to previous BPCL daily chart.
With textile industry booming, here is another. In daily TF, it did a wedge breakout with massive volumes surpassing the so far high after covid. Targets are mentioned. Also, see this was its GAP resistance in the long term!
A Rising wedge pattern has formed in NSE:ZEEL DISCLAIMER : This is just for educational purpose....
All observations on chart. Taking support around same levels, now recently made a new high then again started testing the support with lower highs. This indicates buyers are trapped and support is weakening Don't attempt a breakdown trade. Expecting a breakdown in few days.
GSPL- Ascending Channel Breakout Chart time frame -1 week Trade type -short term Duration - 3 months Entry - 278 Target 1 - 330 Target 2 - 380+ Stoploss - 260 Risk:Reward - 1:3 Disclaimer: All charts are purely for educational and information purpose only. Invest or trade at your own risk.
Excellent breakout with good bullish full body candle and massive volumes which are highest since Aug 20.