#NIFTY Intraday Support and Resistance Levels - 19/07/2023Nifty will be FLAT opening in today's session. After opening nifty start trading above 19800 level and then possible upside rally up to 19930 in today's session. in case nifty trades below 19740 level then the downside target can go up to the 19620 level.
Priceaction
Multibagger Stocks for 2X Gain | Best stock to buy now!Multibagger Stocks for 2X Gain | Best stock to buy now!
"Unlocking the Potential: Discovering Multibagger Stocks for Impressive Returns | Stock Market Analysis"
Welcome to our YouTube channel, where we delve into the world of multibagger stocks and guide you towards potential wealth creation opportunities in the stock market. In this series, we provide in-depth analysis and insights on promising stocks that have the potential to deliver significant returns over time.
Join our expert team of analysts as they uncover hidden gems and identify stocks with strong fundamentals, growth prospects, and favorable market trends. We delve into various sectors and share valuable investment strategies to help you make informed decisions and navigate the complexities of the stock market.
Whether you are a seasoned investor or just starting your investment journey, this channel is designed to empower you with knowledge and equip you with the tools to identify multibagger stocks. Stay tuned for regular updates, stock recommendations, market trends, and exclusive interviews with industry experts.
Don't miss out on the opportunity to unlock the potential of multibagger stocks. Subscribe to our channel now and embark on a rewarding investment journey!
Hashtags:
#MultibaggerStocks #StockMarketAnalysis #WealthCreation #InvestmentOpportunities #StockRecommendations #MarketTrends #InvestmentStrategies #StockAnalysis #FinancialGrowth #StockMarketEducation #StocksAndShares #InvestmentJourney #StockMarketInsights
The purpose of this channel is to spread knowledge and awareness about the Stock Market for free. We do extensive fundamental and technical analysis and give recommendations solely based on our research.
Disclaimer: We are not SEBI registered. All the content (videos, comments, posts, community posts, live streaming, etc) of this channel is for educational and informational purposes only, Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions.
-----------------------------------------------------------------------------------------------------------------------------
Nifty should be in a Small Correction - BearishLast couple of days NSE:NIFTY has rallied sharply, now today, after Gap Up price has created a Hanging Man candlestick pattern in the Daily Chart. This is a Bearish pattern.
Hence, I think, this should ideally take the price down to 19035 for now. And from there I expect Nifty to achieve another Higher High till 19535.
FINNIFTY! - How I made 112% profit 💸Hey Pivster's
So, as we know today was expiry for NSE:FINNIFTY1! and market had open with a bullish sentiment at the early hours of the opening bell with good buying force seen in initial minutes of the market as OPEN=LOW too.
Buying force was submerged as the first 15min candle closed above the reversal camarilla pivot level H3...after that buyers were not able to push the price the initiative camarilla pivot level H4 and in fact profit booking of BTST players was seeing too.
Now, comes the first dip towards Daily H3 pivot level from where the bounce was seen by help of responsive participants, but not strong enough to break the current day high set in the initial candle of market opening and a visible "tweezer top" candlestick pattern was seen formed near day's high (marked inside the red box).
Immediately, the next thing we see is a big seller's candle which closed near to day's low thus giving a confirmation of a "double top" formation near day's high and formation of the "M-Pattern" for the day with "neckline" being near the reversal camarilla pivot point.
This whole scenario above has triggered the GPZ Setup which the index has been for the day and a clear trend reversal or pause sentiment was known to the market on basis of -
* Type of CPR formed
* Pivot Analysis
* 2D CPR relationship
HOW WE WOULD HAVE TRADED THIS SETUP FOR DAY:
Now, that we know the GPZ setup has triggered for the day we had to wait for the retest for either PDH OR DH3 for our entry towards the target of DL3 or Pivot point of the day with our SL being current day's high or DH3 whichever was higher.
A simple retest towards PDH was triggered with the SL as DH3 which had an additional confluence of neckline from the M-pattern that was formed in the first half of the market.
Finally, we received our target of DL3/Pivotpoint by the closing bell of the market and this also marked a close for our -
"Trade which made us 112.82% in profits or doubled our capital in under 20mins"
P.S. Screenshot of the trade's order book is attached in the chart itself!
This was the synopsis for yet another simple analysis for the broader index as a whole thus showing you that trading has to be kept simple and executed with patience and risk defined beforehand.
If you liked the content, then share with your friends, family, fellow traders and dear ones :)
Regards,
Mukkull
Triangle pattern breakout in PIDILITINDPIDILITE INDUSTRIES LTD
Key highlights: 💡⚡
✅On 1Hour Time Frame Stock Showing Breakout of triangle Pattern .
✅ Strong Bullish Candlestick Form on this timeframe.
✅It can give movement up to the Breakout target of 2725+.
✅Can Go short in this stock by placing a stop loss below 2610-.
Falling wedge pattern breakout in IGLINDRAPRASTH GAS LTD
Key highlights: 💡⚡
✅On 1Hour Time Frame Stock Showing Breakout of Falling wedge Pattern .
✅ Strong Bullish Candlestick Form on this timeframe.
✅It can give movement up to the Breakout target of 510+.
✅Can Go Long in this stock by placing a stop loss below 487-.
NSE: Abbott India Elliott wave ProjectionOverview:
Abbott India has accomplished the impulsive wave 3, and the price is forming corrective wave 4. Price has occurred the sub-wave A. and Sub-wave B. Sub-wave C of 4th wave is in progress.
After completion of wave 4, the price will start its bull run.
Fibonacci relationship and wave Formations:
Wave ((1)) is a five-wave impulse.
Wave ((2)) retraced 50% of wave ((1)).
Wave ((2)) has taken 23 months to finalize.
Wave ((3)) is a five-wave impulse.
Wave ((4)) looks like a sharp correction.
Rule of alternation indicates variation between two corrective waves in terms of time, distance, and formation.
Because wave ((2)) was a complex correction, wave ((4)) should be a sharp correction.
Destiny of wave ((4)):
Wave ((4)) can terminate near the previous corrective wave (iv) at 13994 .
Wave ((4)) can end at 15064 , which is a crucial support level.
The common retracement of wave ((4)) is 38.2% , but the price has broken down this level. Next Fibonacci retracement level is 50% at 13967.
Please note that the corrective channel has broken down, so bulls can enter when the price renter into the parallel lines. Otherwise, the price has bearish sentiments.
Breakout Ready StockAlembic ltd watch out for breakout out
but don't take entry at breakout it may become fake breakout. because it already happened at 5dec candle
once price goes above resistance this will become support
after breakout when price retest that level, then go for buy side
swing trade can be taken for target of 91
#NIFTY Intraday Support and Resistance Levels - 18/07/2023Nifty will be gap up opening in today's session. After opening nifty sustain above 19750 level and then possible upside rally up to 19870 in today's session. in case nifty trades below 19700 level then the downside target can go up to the 19580 level.
AGIAGI:- If it sustains after giving a breakout, then we can see the moment of upside.
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
Rounding Bottom pattern breakout in DLF LTDDLF LTD
Key highlights: 💡⚡
✅On 1 M Time Frame Stock Showing Breakout of Rounding Bottom Pattern .
✅ Strong Bullish Candlestick Form on this timeframe.
✅It can give movement up to the Breakout target of 815+.
✅Can Go short in this stock by placing a stop loss below 340-.
Refex Industries - 25% of Upside!Refex Industries opened up with a gap few sessions back. It has created a wedge then, a gap and then a wedge and now a breakout, Can't be strong technically anymore.
The price has a potential to move to the upside of 25% straight.
PS - I am founder of Tactic, we get you the Trade Ideas of top SEBI registered users across Intraday, BTST & Positional. We are trusted by 1000 users, we will be glad to have you as a user. Do check us out from my bio.
Thanks
KIMS - Drooling MomentumKIMS flowing in a drooling momentum from past few sessions. Broke it's another resistance in the channel & now flowing up. Until & unless it doesn't break the channel, its in clear momentum.
PS - I am founder of Tactic, we get you the Trade Ideas of top SEBI registered users across Intraday, BTST & Positional. We are trusted by 1000 users, we will be glad to have you as a user. Do check us out from my bio.
Thanks
EWT – NSE BANKNIFTY Poised For Final Wave CTimeframe: 2h
As per our previous idea, we have identified a market scenario characterized by supply pressure and bear dominance. At a price level of 44154, we observed the occurrence of Wave (3), followed by a corrective phase known as Wave (4). Wave (4) exhibited a double three pattern.
Currently, the price is in the process of forming the final sub-wave (c) of Wave (y) within Wave (4). Wave (c) has taken the shape of an ending diagonal, suggesting that a breakout above the upper boundary of the diagonal in Wave 4 of Wave (c) could potentially lead to a new high. To take advantage of this potential upward movement, traders may want to consider entering trades as long as the price remains above 44091 for following targets: 44430 – 44840 – 44912+.
Note that if the price fails to break the resistance level at 44091, the trade setup loses its validity. For traders who are more tolerant of risk, an alternative strategy could involve entering a trade after a reversal occurs from the support level at 43200.
ANURASANURAS:- A falling parallel channel pattern has formed, if the price sustains at 1035.95, we may see an upside move.
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
ABFRLABFRL:- Wait for breakout, if resistance gives breakout and sustains then we can see upside movement
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
Downtrend Wedge Pattern Breakout in SBICARDSSBI CARDS & PAYMENTS
Key highlights: 💡⚡
✅On 1 Hour Time Frame Stock Showing Breakout of Downtrend wedge Pattern .
✅ Strong Bullish Candlestick Form on this timeframe.
✅It can give movement up to the Breakout target of 885+.
✅Can Go Long in this stock by placing a stop loss below 832-.
#NIFTY Intraday Support and Resistance Levels - 13/07/2023Nifty will be gap up opening in today's session. After opening nifty sustain above 19410 level and then possible upside rally up to 19540 in today's session. in case nifty trades below 19360 level then the downside target can go up to the 19230 level.
Vardhman Textiles - A Good Case StudyHey all! Just wanted to share an interesting chart with you all because it seems good for studying multiple concepts.
As you can see, there was a massive price expansion in July 2022. This created a strong buying imbalance. The price then underwent a correction in a descending channel, thereby reaching the demand zone for a test.
It strongly bounced off the demand zone ultimately leading to a shift in market structure. After the initial pump, there was a small period of consolidation (Pennant) which lead to another leg of expansion.
The price then again went into consolidation in June. This consolidation now seems to be over and the price is likely to expand to the upside.
Disclaimer : This is NOT investment advice. This post is meant for learning purposes only. Invest your capital at your own risk.