A price action at Coforge ltdIn Coforge a resistance was seen at 5315 - 5340 level. Even today(6/09/2021) it was trading in this tight range. A breakout from the level can be a good opportunity. Also the IT sector is looking bullish NSE:COFORGE
Priceactiontrading
📈 Pre-open MTF #PriceAction Analysis by #KRMG (06 Sep)👉 Stock 2 - #RELIANCE
👉 Sector - ENERGY
👨🏻🏫 Analysis Timeframes - Hourly and 15 min (Intra)
🎯 Commentary - It has shown good strength in Upward direction from 2300 Level as per Hourly timeframe and now trading above its important Resistance 2370 Level
It has continued good Higher Low pattern as per 15- Min timeframe and also yesterday after retracement till 2305 Level it continued Upmove and then shown the strong strength in Upward direction
Now it has space till 2500 Level where currently it is trading to its ALL TIME HIGH Level and buy Trade can be taken only if breaks CZ with good volume
🎯 Coming to sectoral pattern - #NiftyENERGY is currently having strength in Upside, now it is trading near to its to ALL TIME HIGH Level 21080
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📈 Pre-open MTF #PriceAction Analysis by #KRMG (06 Sep)👉 Stock 1- #BHARTIARTL
👉 Sector - NIFTY50
👨🏻🏫 Analysis Timeframes - Hourly and 15 min (Intra)
🎯 Commentary - It has strongly fallen nearly from 675 level as per hourly timeframe which is its ALL TIME HIGH Level and now it is trying to reverse or retrace from it
Yesterday on its way to downtrend it got strong rejections from important Level of 665 and continued the downtrend till day end
It has space till 650 on downside if it sustains below CZ, and may even reach near 645 level if convincingly closed below 655
🎯 Coming to sectoral pattern - #Nifty50 is currently in Good Uptrend and currently trading to its ALL TIME HIGH Level
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BTCUSD forms CYPHER bearish patternLong till 57413
Can reverse from D @ 57413
A reverse zone can develop between 57413 and 59559
GODREJ PROPERTIES: Getting ready for a big breakoutGodrej Properties is on its way to make an Inverted Head and shoulder Pattern.
right now the price is trading 6-7% below neckline resistance. We may see it at the neckline very soon.
If the price gives a breakout of the neckline then we will see a big move from Godrej Properties in the coming days.
🧚♀️🧚♀️🧚♀️Todays Pre-open Performance Chart-2 #TATASTEEL🧚After Buying entry it has given 13+ Points Profit
(Buy setup post good breakout above CRITICAL ZONE with making a clean HIGHER LOW UPTREND structure)
Achieved the target1 without breaking the uptrend
theme, and then went sideways
👁👁👁Todays Pre-open Performance Chart-1 #TATAMOTORS👁👁👁After Selling entry it has given 3+ Points Profit
Achieved till target 1 and went sideways post that
(Sell setup post breakdown below CRITICAL ZONE)
CONCOR - TL BreakoutCONCOR looks good for Swing traders with SL : 670. Plan your risk first before taking any position.
📈 Pre-open MTF #PriceAction Analysis by #KRMG (02 Sep)👉 Stock 2- #TATASTEEL
👉 Sector - METALS
👨🏻🏫 Analysis Timeframes - Hourly and 15 min (Intra)
🎯 Commentary - After strong Uptrend from 1050 to 1535 level then it strongly reversed to downside till the 1300 Level. Now it has a strong barrier around 1070 Level found as per Hourly Timeframe Orderflow Zones
On Wednesday, it has shown strong Downtrend and in 2nd Half it has given good breakdown below 1415 Level post consolidation and convincingly sustained and closed below that
Watch for #PriceAction around important CRITICAL ZONE structural points to plan your trade
🎯 Coming to sectoral pattern - #NiftyMetals has given very strong Upmove on 06Th May and again it showing the weakness till its next Support 25420
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📈 Pre-open MTF #PriceAction Analysis by #KRMG (02 Sep)👉 Stock 1- #TATAMOTORS
👉 Sector - AUTO
👨🏻🏫 Analysis Timeframes - Hourly and 15 min (Intra)
🎯 Commentary - As per the Hourly timeframe after good Uptrend it has consolidated then given impulsive upmove in the 2nd Half. It ended the day near the Day's High
After it has given Good opening it continued the Uptrend throughout the day and maintained the original trend.
For Buyers to maintain dominance, it needs to close and sustain above the #CRITICALZONE
🎯 Coming to sectoral pattern - #NiftyAuto is also reversed from its Support level 9700 and may continue the Uptrend till 10250 Level
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🧚♀️🧚♀️🧚♀️Todays Pre-open Performance Chart-2 #BAJFINANCE🧚TRADED in the RANGE for whole Day
No Setup evolved
Todays Pre-open Performance Chart-1 #ASIANPAINTSAfter Buying entry it has given 45+ Points Profit
It was a aggressive trade on Buy side, and a quick trade too only for experienced traders
📈 Pre-open MTF #PriceAction Analysis by #KRMG (01 Sep)👉 Stock 2- #BAJFINANCE
👉 Sector - FINSERV
👨🏻🏫 Analysis Timeframes - Hourly and 15 min (Intra)
🎯 Commentary - Currently it is in good Uptrend and now it is trading near to its ALL TIME HIGH Level as shown in Hourly timeframe
To continue the Uptrend it has to break the CRITICAL ZONE , and on Upside it didn't have any Obstacle but 7800 Level which may be the another Target
🎯 Coming to sectoral pattern - #NiftyFINSERV is currently in uptrend and now it is sustaining to its ALL TIME HIGH Level
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📈 Pre-open MTF #PriceAction Analysis by #KRMG (01 Sep)👉 Stock 1- #ASIANPAINTS
👉 Sector - NIFTY50
👨🏻🏫 Analysis Timeframes - Hourly and 15 min (Intra)
🎯 Commentary - As per the Hourly timeframe it is in good Uptrend and it has broken its Important Resistance and ALL TIME HIGH Level 3180 Convincingly
After it has given Good opening it continued the Uptrend throughout the day and maintained the original trend.
For Buyers to maintain dominance, it needs to close and sustain above the #CRITICALZONE (Pay attention to #PriceAction concepts taught)
🎯 Coming to sectoral pattern - #Nifty50 has given very strong Upmove yesterday and broken its ALL TIME HIGH Level
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🧚♀️🧚♀️🧚♀️Todays Pre-open Performance Chart-2 #TATASTEEL🧚Gave a buy setup post breakout from CRITICAL ZONE and achieved the targets highlighted..
Achieved the target-1 and the remained in consolidation for whole day..
After Buying entry it has given 6+ Points Profit..
👁👁👁Todays Pre-open Performance Chart-1 #AXISBANKRemained Sideways throughout the Day..
No clear setup - went into consolidation inside the CRITICAL ZONE
📈 Pre-open MTF #PriceAction Analysis by #KRMG (31 Aug)👉 Stock 2- #TATASTEEL
👉 Sector - METALS
👨🏻🏫 Analysis Timeframes - Hourly and 15 min (Intra)
🎯 Commentary - Stock is in uptrend in Hourly timeframe and has given an IMPULSIVE UPMOVE then it is able to close near days High & on Yesterday it broken the important resistance of range High 1415 Level
15 Min Trend is Bullish and it also is able to close near the Day's High so Buyers are dominant till now and a good breakout above CRITICAL ZONE may lead it to reach till 1470 Level
🎯 Coming to sectoral pattern - #NIFTYMetals after retracement to 5200 Level now may start again Uptrend till 6000 Level
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📈 Pre-open MTF #PriceAction Analysis by #KRMG (31 Aug)👉 Stock 1 - #AXISBANK
👉 Sector - BANK
👨🏻🏫 Analysis Timeframes - Hourly and 15 min (Intra)
🎯 Commentary - It has shown good strength in Upward direction from 750 Level as per Hourly timeframe and now trading above its important Resistance 765 Level
It has continued good Higher Low pattern as per 15- Min timeframe and also yesterday after the opening it continued Upmove and then given very impulsive move near Days High in Second half of Market
Now it has space till 800 Level where currently it is trading near to its SUPPLY ZONE and buy Trade can be taken only if breaks CZ with good volume
🎯 Coming to sectoral pattern - #NiftyBank after giving strong Uptrend and Yesterday it has broken the 36300 Level, now it is trading above to it
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📈 Pre-open MTF #PriceAction Analysis by #KRMG (27 Aug)👉 Stock 2- #SUNTV
👉 Sector - MEDIA
👨🏻🏫 Analysis Timeframes - Hourly and 15 min (Intra)
🎯 Commentary - It has been strongly reversed to downside from 5900 Level and now trading near to its important Demand Zone and has 470 Level as its next barrier as Hourly Timeframe
If it breaks and sustain Below the CRITICAL ZONE it may start continuation of Downtrend and has space till 465 Level
Watch for #PriceAction around important CRITICAL ZONE structural points to plan your trade
🎯 Coming to sectoral pattern - #NiftyMedia is currently in Good Downtrend and currently trading near to its important support of 1500 Level
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📈 Pre-open MTF #PriceAction Analysis by #KRMG (27 Aug)👉 Stock 1- #JSWSTEEL
👉 Sector - METALS
👨🏻🏫 Analysis Timeframes - Hourly and 15 min (Intra)
🎯 Commentary - It has been in strong Downtrend from 780 Level in HOURLY TF. then it given strong Gap Down Opening and again started strong Downtrend, yesterday it shown slower downtrend
It has now broken and closed below an important blockade of 675. Throughout the day, it continued the Down Move and also closed near the day's Low
For Sellers to maintain dominance, it needs to close and sustain Below the #CRITICALZONE
👉(Reversal Trade Trigger) Break of Downtrend structure will trigger BUY ENTRY for Intraday
🎯 Coming to sectoral pattern - #NiftyMetals is currently trading in dominance of Sellers where close above 5550 Level will start fresh Uptrend
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📈 Pre-open MTF #PriceAction Analysis by #KRMG (26 Aug)👉 Stock 2- #TITAN
👉 Sector - NIFTY50
👨🏻🏫 Analysis Timeframes - Hourly and 15 min (Intra)
🎯 Commentary - TITAN has started strong Downtrend from Its ALL TIME HIGH Level in HOURLY TF, but the major trend in it is still Uptrend which may change post it gave the closing below 1770 Level
It has continued good Lower High pattern as per 15- Min timeframe and also on yesterday all the day it continued strong Down move and closed near days Low
For Sellers to maintain dominance, it needs to close and sustain below the #CRITICALZONE
For Buying pattern - BREAK OF 15 MIN structure is mandatory (Watch for volume spikes )
🎯 Coming to sectoral pattern - #Nifty50 is in good uptrend and now its is trading to its ALL TIME HIGH
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