EURCAD 1H LongA nice pinbar occurs at support level...ie on trendline..It will better moves up..So go for long option.
Priceaction
4H ICICI BANK - Long Entry1. Pin Bar nicely formed in the support and resistance zone
2. Trendline off - It is another confirmation
3. Take Profit and Stop Loss which is clearly mentioned in the candlestick chart.
#NIFTY Intraday Support and Resistance Levels - 05/05/2023Nifty will be gap Down opening in today's session. After opening nifty start tranding below 18250 level and then possible downside rally up to 18130 in today's session. in case nifty trades Above 18280 level then the upside target can go up to the 18400 level.
[INTRADAY] #BANKNIFTY PE & CE Levels(05/05/2023) Today will be gap Down opening in BANKNIFTY . After opening if banknifty start trading below 43450 level then possible downside rally of 400-500 points upto 43050 Level. Any Major Upside only expected in case banknifty starts trading Above 43550 level.
4H UPL - Short Position1. Bearish Engulfing Pattern formed at Support and Resistance Area which is price action pattern.
2. Fibonacci Retracement 61.80% level meets the pattern.
3. Trendline is far awy from the price.
4. Take Profit area is correctly calculated at 728.00
5. The current price will definitely reach that Take profit area clearly on my idea.
Congrats...
1H SBIN - Short Position1. On Supply and Demand Zone, perfectly Bearish Engulfing Candlestick pattern formed.
2. Trendline is far away from the current price.
3. Take Profit and Stop Loss level clearly mentioned in the chart.
4. That's it. It's pure price action naked chart analysis.
4H BHARTIARTL - Long Position1. Bearish Engulfing Pattern formed at Supply and Demand Zone.
2. Fib Retracement occurs perfectly at 50.0 Level.
3. EMA 365 and 150 acts as Support and Resistance at that zone.
4. Take Profit and Stop Loss levels perfectly mentioned with clear details on the Chart window.
Falling wedge pattern reversal in MAX FINANCE SERVICE LTDMAX FINANCE SERVICE LTD
Key highlights: 💡⚡
📈On 1W Time Frame Stock Showing Reversal of Falling wedge Pattern .
📈 It can give movement upto the Reversal Final target of above 803+.
📈There have chances of breakout of Resistance level too.
📈 After breakout of Resistance level this stock can gives strong upside rally upto above 1170+.
Parallel Channel Pattern Breakout in JUBLEFOOD JUBLEFOOD
Key highlights: 💡⚡
✅On 1Day Time Frame Stock Showing Breakout of Parallel channel Pattern .
✅ Strong Bullsih Candlestick Form on this timeframe.
✅It can give movement up to the Breakout target of 515+.
✅Can Go Long in this stock by placing a stop loss below 456-.
#NIFTY Intraday Support and Resistance Levels - 04/05/2023Nifty will be gap up opening in today's session. After opening nifty sustain above 18110 level and then possible upside rally up to 18210 in today's session. in case nifty trades below 18070 level then the downside target can go up to the 17970 level.
[INTRADAY] #BANKNIFTY PE & CE Levels(04/05/2023) Today will be gap up opening in BANKNIFTY . After opening if banknifty sustain above 43450 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. in case if market trades below after opening possible downside 43450 level upto 43050 level & possiblity for if market break 42950 level get downside 400 points rally upto 42550.
Reversal Double bottom pattern in GUJRATGAS LTDGUJRATGAS LTD
Key highlights: 💡
✅On 1Day Time Frame Stock Showing Reversal of Double bottom Pattern .
✅ It can give movement upto the Reversal target of above 477+.
✅There have chances of Breakout of resistance level too.
✅ After Breakout of resistance level this stock can gives strong upside rally upto above 502+.
✅Can Go Long in this stock by placing a stop loss below 461-.
Bajaj finance chart studyBajaj finance spot cmp 6186.
240 mins time frame.
Price action study
Descending wedge pattern formation.
Counter is trading around supply zone as per descending trend line.
RSI is at historical levels, where counter makes peak and reverse.
Bearish reversal confirmation by candle.
Counter might take pause in this bullish trend or can also retrace deeper if the recent high is not cleared on closing basis.
So its alert for bulls to be at door step, as bears may take entry.
view remains valid till the high is not taken out on closing basis
#NIFTY Intraday Support and Resistance Levels - 03/05/2023Nifty will be gap down opening in today's session. After opening nifty start trading below 18120 level and then possible downside rally up to 18000 in today's session. in case nifty trades above 18170 level then the upside target can go up to the 18290 level.
[INTRADAY] #BANKNIFTY PE & CE Levels(03/05/2023) Today will be gap down opening in BANKNIFTY . After opening if banknifty start trading below 43450 level then possible upside rally of 400-500 points upto 43050 Level here also possiblity to reversal, if banknifty start trading above 43550 then possible upside rally upto 43950 level.
Double bottom pattern breakout in MPHASISMPHASIS
Key highlights: 💡⚡
✅On 1Day Time Frame Stock Showing Breakout of Double bottom Pattern .
✅ Strong Bullish Candlestick Form on this timeframe.
✅It can give movement up to the Breakout target of 2030+.
✅Can Go Long in this stock by placing a stop loss below 1785-.
#NIFTY Intraday Support and Resistance Levels - 02/05/2023Nifty will be gap up opening in today's session. After opening nifty sustain above 18090 level and then possible upside rally up to 18200 in today's session. in case nifty trades below 18070 level then the downside target can go up to the 17960 level.
[INTRADAY] #BANKNIFTY PE & CE Levels(02/05/2023) 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.
Nifty Monthly chart Analysis - ready for new highPrice pattern or Price action reading using SMA
Kepp trading simple and use less indicators
Bullish flag pattern breakout in PIRAMAL ENTERPRISESPIRAMAL ENTERPRISES
Key highlights: 💡⚡
✅On 1 Hour Time Frame Stock Showing Breakout of Bullish flag Pattern .
✅ Strong Bullsih Candlestick Form on this timeframe.
✅It can give movement up to the Breakout target of 760+.
✅Can Go short in this stock by placing a stop loss below 712-.
Triangle pattern breakout in APOLLO HOSPITALSAPOLLO HOSPITALS
Key highlights: 💡⚡
✅On 1Day Time Frame Stock Showing Breakout of triangle Pattern .
✅ Strong Bullsih Candlestick Form on this timeframe.
✅It can give movement up to the Breakout target of 5270+.
✅Can Go short in this stock by placing a stop loss below 4301-.
Powergrid Cup & Handle PatternPowergrid has formed cup & handle pattern on hourly chart.
Entry:
We can go long after close of strong bullish candle above the neckline.
Stoploss:
We can keep the stoploss below the neckline.
Target:
We can keep target near the next resistance zone as marked on chart.
Please like and follow.
Rising wedge pattern reversal in DIXON TECHONOLOGIESDIXON TECHONOLOGIES
Key highlights: 💡
✅On 1 Day Time Frame Stock Showing Reversal of Rising wedge Pattern .
✅It can give movement upto the Reversal target of above 3125+(Up to resistance level).
✅Can Go Long in this stock by placing a stop loss below 2770-.
