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BANK NIFTY ANALYSIS FOR 25-06-2021Do not trade in between 34938 - 34535 . Buy Above 34938 for the Targets marked on Chart Sell below 34535 for the Targets marked on Chart " INSIDE BAR Candle " has been formed in BANK NIFTY If you're taking entries , as per our analysis , set your target as per " TRIANGLE PATTERN " Make entries only when the price action is suitable respecting to the trendline Take Entries when Market sustains above / below our levels Avoid entries , if there is a Huge Gap Up / Gap Down Take Entries as per Price Action ** Only for Educational Purposes ( As you all can see our daily Analysis , Bank Nifty is respecting all our analysis with treadlines and Support & Resistance Lines ) PLEASE DO LIKE , COMMENT OUR POSTS .
NSE:BANKNIFTY
by ULTRA-TRADER
Watch IRCTCIRCTC gave today breakout with 9% move in single day. Good volume on daily chart. Not generated here as the week have 4 more days to go. It is today at ALL TIME HIGH. There is risk when trading in stock which is trading at all time high. So if I enter I will keep STRICT STOPLOSS. Stay cautious as the money flow index have turned downwards, that's not a good indication, so if it continued to do down this may be false breakout or this is because the new SEBI margin rules. Volatility and liquidity is decreasing. This is a little bit confusing scenario. This is my own analysis. Hope you like it. This post is for information purpose only.
NSE:IRCTCLong
by AkshayAdak
JSW ENERGY ASCENDING TRIANGLE PATTERNJSW ENERGY is on a constant uptrend also contributing to the rise of the Energy sector. On 13 Jun, 2021 it was trading in a tight range and this consolidation can give a very good upmove with an intraday target of 167 on Monday 14 Jun, 2021 with very good weekly swing targets and long term profits as well if you are keeping it as a holding in your portfolio. Ascending triangle pattern Timeframe: 1hour Keynote: Constant uptrend taking support at the trendline and consolidation for a big move ahead.
NSE:JSWENERGYLong
by sanjibkb9
For Short Term/Long term TechnicallyAmara Raja Batteries Ltd looks bullish technically on Monthly timeframe. Analysis is price action based. It gave breakout in Oct on this TF. And for the past few month it is coming back to previous resistance line. Now this month is forming green candle and may start moving upwards. From the recent low to high I see support above 0.5 fibo level which indicates the healthy retracement after breakout. The retracement candles volumes are not looking that good so there is risk. So keeping the strict STOPLOSS at a little near/down 0.61 fibo level once it is break the downtrend resumes and confirmation of this false breakout. So if I'm taking this risk I want good reward. So my RR ratio will be 1:2. My Target will be 1070 and STOPLOSS 604. This trade setup is completely based on technicals. Though the fundamentals of company is not bad but ok type. "Technicals indirectly tells fundamentals. You just need to learn to listen it." This post is just because I wanted to share my analysis. Don't take it as calls. It is only for information purpose.
ALong
by AkshayAdak
BANK NIFTY ANALLYSIS FOR NEXT WEEK 7 JUNE TO 11 JUNE 2021as per price action you can see bank nifty has created double top bearish pattern in hourly time frame. also bank nifty broke trendline and closed below. 34900 and 35000 good support zone for bank nifty if bank nifty hold 35000 area than we can see bounce from 35000 area towards 35500 level. if global market and Asia market sawing any weakness and bank nifty will break 34900 level than we can see down move up to 34500 34400 level.
NSE:BANKNIFTY
by ronak_saldiya
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