Priceactionanalysis
SWING OPPORTUNITY IN DIVIS LOBOROTIES My analysis on this script is bullish.Ofter Proper Breakout and Retest on wedge pattern created strong Demand zone and started rally.
Entry criteria 1: ofter retest at 4083 Level(with Volume)
Entry criteria 2: ofter Breakout and Retest at 40700 level (with Volume)
Target:5378 🚀
#Divislaborotiries #Healthcaresector
[INTRADAY] #BANKNIFTY PE & CE Levels(28/05/2024) Today will be gap up opening in BANKNIFTY. After opening if banknifty sustain above 49050 level then possible upside rally of 400-500 points upto 49450 level & this rally can extend another 400 points if market gives breakout 49550 level in todays session. Any Major downside only expected in case banknifty starts trading below 48950 level. also possible reversal downside 49450 level.
[INTRADAY] #BANKNIFTY PE & CE Levels(28/05/2024) Today will be gap up opening in BANKNIFTY. After opening if banknifty sustain above 49050 level then possible upside rally of 400-500 points upto 49450 level & this rally can extend another 400 points if market gives breakout 49550 level in todays session. Any Major downside only expected in case banknifty starts trading below 48950 level. also possible reversal downside 49450 level.
Head & Shoulder pattern breakout in BSOFTBIRLASOFT (INDIA) LTD
Key highlights: 💡⚡
✅On 1 Hour Time Frame Stock Showing Breakout of Head & Shoulder Pattern.
✅Strong Bullish Candlestick Form on this timeframe.
✅It can give movement up to the Breakout target of 677+.
✅Can Go Long in this Stock by placing a stop loss below 602-.
PNB HOUSING - Swing Trade Analysis - 26th May #stocksPNB HOUSING (1W TF) - Swing Trade Analysis given on 26th May, 2024
Pattern: ASCENDING TRIANGLE BREAKOUT
- Trendline Support with Strong Pullback Candle - Done ✓
- Weekly Volume Buildup at Resistance - Done ✓
- Demand Zone Retest & Consolidation - In Progress
* Disclaimer
#NIFTY Intraday Support and Resistance Levels -24/05/2024Nifty will be gap up opening in today's session. After opening nifty sustain above 22990 level and then possible upside rally up to 23110 level in today's session. in case nifty trades below 22940 level then the downside target can go up to the 22820 level.
ENGINEERS INDIA - Swing Trade Analysis - 29th April #stocksENGINEERS INDIA (1D TF) - Swing Trade Analysis given on 29th April, 2024
Pattern: ASCENDING TRIANGLE
- Volume Buildup at Resistance - Done ✓
- Daily Resistance Breakout - In Progress
- Demand Zone Retest & Consolidation - In Progress
* Disclaimer
BAJEL PROJECTSIncorporated in 2022, Bajel Projects Ltd is in the business of Engineering, Procurement and Construction Bajel Projects Limited (BPL) is a carved out legal entity from Bajaj Electricals Ltd. It's EPC segment comprises of Power Transmission & Power Distribution. BPL provides end to end solutions ranging from inhouse design, testing, procurement, manufacturing, installation & commissioning of the projects.
BPL is a part of the Bajaj group. It deals in Engineering, Procurement and Construction business.
GRInfra-An underperforming gem stock!GRInfra has given a symmetrical triangle breakout of a big consolidation.
Stock has been underperforming since quite few years and stock can fly if breakout is successful.
Stock has got amazing fundamentals and is a gem stock for long term.
Investors who believe in India's infra story should not miss this stock.
Nifty witnesed Range Bound to Volatile session on May 15After morning correction, Nifty oscillated in small Range around 22200 zone
Today also sectorial trend was mixed
A Nuetral candlestick formed on Daily TF
NIfty has weekly expiry on thursday ,
The upside hurldle is placed around 22320 zone,
The important downside support is near 22k zone
Wait for Price to decisively sustain outside prev day's range.
Market may show volatilty during the last phase of elections
*For Educational Purpose
Learn & Practice Price Action Setups
DMARTDMART :- The stock has given a breakout after 2 years. Keep an eye on the stock.
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.
Bank Nifty witnessed decline for another session !The Index broke below imp level of 47500
Today BNF showed less correction as compared to Nifty...
Any Long position can be avoided until it sustains above 48200 level
& look for Bearish pattern at imp resistance zone
Upside hurdle is near 48200 zone,
whereas immidiate support is around 47800 /700 level
*For Educational Purpose
Nifty formed a long Bearish candle on Weekly Expiry DayNifty continued with more correction on thursay expiry session
The index after breaking the support of 22200 in 1st half,
witnessed more correction in last hours to slip below imp 22k zone
The Index has also come in oversold zone, a pullback in the market is possible
But until Nifty closes above 22500 level, selling pressure may come from upper levels
From here, upside hurdle is placed at 22,200
& Imp support is placed at 21,800
*For Educational Purpose
Nifty closed at the same levels for 5th time in 20 years - studyNifty traded within prev day's range,
it erased the intraday gains after taking rejection from trendline
Nifty needs to move outside the prev day's range
to show Directional Movement on Expiry day
The Wednesday session HIgh & low can work as Resistance & support zone,
For Gap up/ Gap Down, track for Price action confirmation at imp levels
Resistance / support zones can work same as last session
*For Educational purpose
Balaji Amines formed big positive candle after Q4 ResultsWithing 15 mins, the stock formed a significant candle of 12%
Increased volatility around stock earnings is a common phenomenon in financial markets.
As companies release their quarterly or annual earnings reports, big investors eagerly anticipate the results, which can lead to heightened trading activity.
Positive earnings surprises may cause a surge in buying activity, driving up stock prices, while negative surprises can trigger selling pressure, leading to price declines.
Consequently, during earnings seasons, markets can experience sharp movements in stock prices therefore short term trading becomes Risky around imp events.