Priceaction
Trade Analysis : Intraday USDJPY BUYTrade Analysis : Intraday USDJPY BUY
Channel analysis on USDJPY
Trend Identification: Intraday Uptrend in USDJPY.
Support/Resistance Levels: Identify key levels on the chart for potential entry and exit points.
Price Behavior: Bullish with market structure.
Targets: T1 = 135.500, T2 - 137.750.
Risk Management: Set appropriate stop-loss levels to manage risk and protect against adverse price movements.
Confirmation Indicators: Support/Resistance Levels, Higher High, Higher Lows.
Conclusion: Based on the chart analysis of , a potential trading opportunity has been identified. Combine this analysis with thorough research and risk management strategies to make well-informed trading decisions. Happy trading!
(Note: Trading is subject to market risk. This is analysis not an trade idea for trade.)
#NIFTY Intraday Support and Resistance Levels - 12/05/2023Nifty will be Flat opening in today's session. After opening nifty start trading below 18280 level and then possible Downside rally up to 18160 in today's session. in case nifty trades Above 18310 level then the upside target can go up to the 18420 level.
Falling wedge pattern reversal in DABUR INDIA LTDDABUR INDIA LTD
Key highlights: 💡⚡
📈On 1Day Time Frame Stock Showing Reversal of Falling wedge Pattern .
📈 It can give movement upto the Reversal Final target of above 540+.
📈There have chances of breakout of Resistance level too.
📈 After breakout of Resistance level this stock can gives strong upside rally upto above 598+.
Downtrend channel pattern breakout in ACC LTDACC LTD
Key highlights: 💡⚡
📊On 1D Time Frame Stock Showing Breakout of downtrend channel Pattern.
📊 Strong Bullish Candlestick Form on this timeframe.
📊It can give movement up to the Breakout target of above 2040+.
📊Can Go Long in this stock by placing a stop loss below 1712-.
#NIFTY Intraday Support and Resistance Levels - 11/05/2023Nifty will be gap up opening in today's session. After opening nifty sustain above 18340 level and then possible upside rally up to 18460 in today's session. in case nifty trades below 18310 level then the downside target can go up to the 18190 level.
[INTRADAY] #BANKNIFTY PE & CE Levels(11/05/2023)Today will be gap up opening in BANKNIFTY . After opening if banknifty sustain above 43550 level then possible upside rally of 400-500 points upto 43950 Level. Any Major downside only expected in case banknifty starts trading below 43450 level to 43050 level. 43050 this level possible for again reversal (upside) rally.
Uptrend Channel pattern reversal in DRREDDYSLAB.DRREDDYS LAB
Key highlights: 💡
✅On 1Week Time Frame Stock Showing Reversal of Uptrend Channel Pattern .
✅ It can give movement upto the Reversal final target of below 4400-.
✅There have chances of breakdown of Support level too.
✅ After breakdown of Support level this stock can gives strong downside rally upto below 3806-.
#NIFTY Intraday Support and Resistance Levels - 10/05/2023Nifty will be gap up opening in today's session. After opening nifty sustain above 18280 level and then possible upside rally up to 18400 in today's session. in case nifty trades below 18250 level then the downside target can go up to the 18130 level.
[INTRADAY] #BANKNIFTY PE & CE Levels(10/05/2023) Today will be gap up opening in BANKNIFTY . After opening if banknifty sustain above 43050 level then possible upside rally of 400-500 points upto 43450 Level. And this rally can extend for another 400 points if it gives breakout of 43550 level. Any Major downside only expected in case banknifty starts trading below 42950 level. here reversal possible when market gets resistance 43450 level.
1D BANDHANBNK (Bandhan Bank) - Short Position1. Bearish Engulfing Pattern formed at S/R zone.
2. Another Confirmation is 50% Fib Retracement at S/R level that is strong zone than you think.
3. Oh...Come on EMA 150 act as Resistance.
4. Trendline got broken very well by Engulfing Candle.
5. First TP1 level price reached sell half of your stocks there.
6. Move your SL to BE for another TP2 level which you need to target that zone.
Thanks by
Pupathi Sadagopan
[INTRADAY] #BANKNIFTY PE & CE Levels(09/05/2023)Today will be gap up opening in BANKNIFTY . After opening if banknifty sustain above 43050 level then possible upside rally of 400-500 points upto 43450 Level. And this rally can extend for another 400 points if it gives breakout of 43550 level. Any Major downside only expected in case banknifty starts trading below 42950 level.