[INTRADAY] #BANKNIFTY PE & CE Levels (05/12/2022)Today will be a gap up opening in BANKNIFTY . Expected opening above 43050 Level. After opening if banknifty sustain above this 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.
Priceactionanalysis
BANK OF BARODA SHORT TERM BREAKOUT SWING TRADING Analysis Date - 03-12-2022
NSE:BANKBARODA
Swing Trading ::::
Bank of Baroda short time breakout expecting. Price above POC of Volume Profile, makes fresh high and presently retesting. Entry @ 173, SL @ 163, Target 1:2.
This analysis for educational purpose only and it is requested to viewers to do their own analysis before any investment.
Falling wedge pattern breakdown in ASTRALASTRAL
Key highlights: 💡⚡
📊On 1D 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 above 2300+.
📊Can Go Long in this stock by placing a stop loss below 1930-.
📊 breakout this can give risk:reward upto 1:6+
Long on "Larsen & Toubro Infotech Ltd."Logic behind the Trade
1. This scrip has bottomed out after staying there for a long time and in recent trading days it has started an upward movement
2. Recent bullish momentum was seen and after a small retracement & it was followed by a bullish engulfing candle which shows a further bullish momentum continuation
3. RSI above 50 now thus showing strength buildup
4. Gap between 200 EMA and 50 EMA has started to narrow down and also candles are closed above both EMA's
LTTS VCP Pattern BreakoutChart is self explanatory. Levels of breakdown, possible down-moves (where stock may find support) and resistances (close above which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any
SrtransfinAlways follow Risk and Position Management❇️❇️
Expect 10-15% for swing Trading
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Happy trading
Symmetrical triangle pattern breakout in LALPATHLABLALPATHLAB
Key highlights: 💡⚡
📊On 1D 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 above 2580+.
📊Can Go Long in this stock by placing a stop loss below 2405-.
📊 breakout this can give risk:reward upto 1:5+
Symmetrical triangle pattern Reversal in ICICIPRULIICICIPRULI
Key highlights: 💡⚡
📊On 1W Time Frame Stock Showing Reversal of Symmetrical triangel Pattern .
📊 It can give movement upto the Reversal target of above 570+.
📊There have chances of breakout of Resistance level too.
📊 After breakout of Resistance level this stock can gives strong upside rally upto above 865+.
Bullish flag pattern breakout in HINDUNILVRHINDUNILVR
Key highlights: 💡⚡
📊On 1D Time Frame Stock Showing Breakout of Bullish flag Pattern.
📊 Strong Bullish Candlestick Form on this timeframe.
📊It can give movement up to the Breakout target of above 3070+.
📊Can Go Long in this stock by placing a stop loss below 2520-.
📊 breakout this can give risk:reward upto 1:13+.
[INTRADAY] #BANKNIFTY PE & CE Levels(29/11/2022)Today will be flat opening in BANKNIFTY . After opening if the bank nifty sustain below the 42950 level then a possible downside of 400-500 points up to 42550. And reversal chances of from 42550 level. And this rally can extend for another 400 points if it gives a breakout of the 43050 level.