#NIFTY Intraday Support and Resistance Levels -31/07/2024Nifty will be gap up opening in today's session. After opening nifty sustain above 24860 level and then possible upside rally up to 24980 level in today's session. in case nifty trades below 24810 level then the downside target can go up to the 24690 level.
Priceaction
Ascending Triangle pattern breakout in HINDPETROHINDUSTAN PETROLIUM LTD
Key highlights: 💡⚡
✅On 1 Day Time Frame Stock Showing Breakout of Ascending Triangle Pattern.
✅Strong Bullish Candlestick Form on this timeframe.
✅It can give movement up to the Breakout target of 480+.
✅Can Go Long in this Stock by placing a stop loss below 370-.
Descending Broadening Wedge pattern breakout in GNFCGUJARAT NARMADA VALLEY FERTILISERS & CHEMICALS
Key highlights: 💡⚡
✅On 1 Hour Time Frame Stock Showing Breakout of Descending Broadening Wedge Pattern.
✅Strong Bullish Candlestick Form on this timeframe.
✅It can give movement up to the Breakout target of 736+.
✅Can Go Long in this Stock by placing a stop loss below 684-.
CAMS pattern + speculationThis is the time when everyone can see a cup pattern is forming but handle can be at lower levels. But chart is showing resistance at current price level. It may further go down to form a proper handle or stick to the current level.
Pattern:
> Wait for the formation of proper handle.
> Buy when there is a breakout with volume.
Speculation:
> Buy at dips to get more gain due to swings in handle.
> A beautiful cup formed at larger level it has higher chances to form a niche handle. Get more involved in buying.
NOTE: This is for education purpose only.
Rising Wedge pattern breakout in METROPOLISMETROPOLIS HEALTHCARE LTD
Key highlights: 💡⚡
✅On 1 Day Time Frame Stock Showing Breakout of Rising Wedge Pattern.
✅Strong Bullish Candlestick Form on this timeframe.
✅It can give movement up to the Breakout target of 2410+.
✅Can Go Long in this Stock by placing a stop loss below 2034-.
JYOTHY LABS - Swing Trade Analysis - 3rd July #stocksJYOTHY LABS (1W TF) - Swing Trade Analysis given on 3rd July, 2024
Pattern: RECTANGLE BOX BREAKOUT
- Weekly Resistance Breakout - Done ✓
- Weekly Volume Buildup at Resistance - Done ✓
- Demand Zone Retest & Consolidation (for a small SL and a better RR) - In Progress
* Disclaimer
QUESS CORP - Swing Trade Analysis - 2nd July #stocksQUESS CORP (1M TF) - Swing Trade Analysis given on 2nd July, 2024
Pattern: 24 MONTH BREAKOUT
- Volume Buildup at Monthly Resistance - Done ✓
- Continuous Pullback from Monthly Support Trendline - Done ✓
- Demand Zone Retest & Consolidation - In Progress
Please Note:
- Partial entry to be taken and then build into the position as it goes in your favour
- Use a trailing stop loss to better your RR
* Disclaimer
[INTRADAY] #BANKNIFTY PE & CE Levels(24/07/2024) Today will be gap down opening in BANKNIFTY. After opening if banknifty start trading below 51950 level then possible downside rally of 400-500 points upto 51550 Level & this rally can can extend another 400 points if market gives breakdown 51450 level in todays session.Any Major upside only expected in case banknifty starts trading above 52050 level.also possible reversal upside 51550 level.
Jubilant food:-This reversal can fill your portfolio's hunger!Jubilant food has been underperforming since few years.
Stock has formed strong positive RSI divergence at confluence of supports.
Above 500, reversal will start and above 600 , reversal will be confirmed.
Valuation wise, not a good stock but RSI divergence stock are known to give quick, big moves.
All positional traders shouldn't miss this stock
#NIFTY Intraday Support and Resistance Levels -23/07/2024Nifty will be gap up opening in today's session. After opening nifty sustain above 24550 level and then possible upside rally up to 24670 level in today's session. in case nifty trades below 24480 level then the downside target can go up to the 24360 level.
Double Bottom pattern breakout in AUBANKAU SMALL FINANCE BANK LTD
Key highlights: 💡⚡
✅On 1 Hour 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 670+.
✅Can Go Long in this Stock by placing a stop loss below 640-.
Descending Triangle pattern breakout in BALKRISINDBALKRISHNA INDUSTRIES LTD
Key highlights: 💡⚡
✅On 1 Hour Time Frame Stock Showing Breakout of Descending Triangle Pattern.
✅Strong Bullish Candlestick Form on this timeframe.
✅It can give movement up to the Breakout target of 3305+.
✅Can Go Long in this Stock by placing a stop loss below 3134-.
Symmetrical Triangle pattern breakout in BATAINDIABATA INDIA LTD
Key highlights: 💡⚡
✅On 1 Hour Time Frame Stock Showing Breakout of Symmetrical Triangle Pattern.
✅Strong Bullish Candlestick Form on this timeframe.
✅It can give movement up to the Breakout target of 1600+.
✅Can Go Long in this Stock by placing a stop loss below 1520-.
CAMS Cup formationlong term cup formation is completed.
Generally when a cup is formed in longer time frame, it is considered to be an up-trend and is a good opportunity to buy stocks.
Need of a handle is based on investor to investor. Some see valid volume on breakout and keep investing on dips, and some wait for proper formation of handle.
In this chart, volume is rising on resistance level. and can be a good buying opportunity for long term.
Please do like and subscribe if you like the idea.
NOTE: This is just for educational purpose only, please do enter in market at your own risk.
Buy opportunityThis chart sees trend reversal recently along with inclined triangle pattern. Today it tries to break the pattern with volume but couldn't. Those who want to swing trade can enter at current level or wait for some more price drop as triangle pattern is not yet broken.
Once resistance break, price may move up and give 12% gain in short term.
Please vote for this idea if you like it.
NOTE: This is just for educational purpose only. Please do trade on your own risk.
Symmetrical Triangle Pattern breakdown in RELIANCERELIANCE INDUSTRIES LTD
Key highlights: 💡⚡
✅On 1 Hour Time Frame Stock Showing Breakdown of Symmetrical Triangle Pattern .
✅Strong bearish Candlestick Form on this timeframe.
✅It can give movement up to the Breakdown target of 3064-.
✅Can Go short in this stock by placing a stop loss above 3196+.
Ascending Triangle pattern breakout in NAVINFLUORNAVIN FLUORIN INTERNATIONAL LTD
Key highlights: 💡⚡
✅On 1 Hour Time Frame Stock Showing Breakout of Ascending Triangle Pattern.
✅Strong Bullish Candlestick Form on this timeframe.
✅It can give movement up to the Breakout target of 3885+.
✅Can Go Long in this Stock by placing a stop loss below 3673-.
CHENNAI PETRO - Swing Trade Analysis - 11th July #stocksCHENNAI PETRO (1D TF) - Swing Trade Analysis given on 11th July, 2024
Pattern: ASCENDING TRIANGLE BREAKOUT
- Weekly Resistance Breakout - Done ✓
- Volume Buildup at Resistance - Done ✓
- Demand Zone Retest & Consolidation (for a Small SL and a better RR) - In Progress
Please Note:
- Since the market is at a precarious spot at its levels, we need to be careful & mindful with our entries and position sizing
- Always work in probabilities and always keep your SL in play constantly
* Disclaimer
#NIFTY Intraday Support and Resistance Levels -16/07/2024Nifty will be gap up opening in today's session. After opening nifty sustain above 24600 level and then possible upside rally up to 24720 level in today's session. in case nifty trades below 24570 level then the downside target can go up to the 24450 level.
[INTRADAY] #BANKNIFTY PE & CE Levels(16/07/2024) Today will be gap up opening in BANKNIFTY. After opening if banknifty sustain above 52550 level then possible upside rally of 400-500 points upto 52950 level in todays session. Any Major downside only expected in case banknifty starts trading below 52450 level.
TANLA PLATFORMS - Swing Trade Analysis - 15th July #stocksTANLA PLATFORMS (1W TF) - Swing Trade Analysis given on 15th July, 2024
Pattern: ASCENDING TRIANGLE BREAKOUT
- Weekly Resistance Breakout Initiated - Done ✓
- Volume Buildup at Resistance - Done ✓
- Demand Zone Retest & Consolidation (for a small SL and a better RR) - In Progress
Please Note:
- Going to be extremely careful with this trade and my SL
- Will do a partial entry and then will add into it when it rises
* Disclaimer