Pricebehavior

"Gold in Firm Bullish Control""Gold in Firm Bullish Control" Gold is currently trading in a constructive upward environment, where price behavior reflects sustained participation from institutional buyers rather than speculative spikes. Recent movements show that upside progress has been built through measured advances followed by controlled pauses, a pattern that typically appears when the market is preparing for continuation rather than exhaustion. Market activity suggests that buy-side interest remains dominant, with pu

Nifty is bullish As we know, the price does not move up or down like a rocket, it has to take a pullback or a pause. So after a trending day most probably the market stays sideways. As you can see today's market was in a trend and most probably tomorrow it will be a sideways market, and our analysis will be simple if nifty opens above the previous day's high(PDH) market can get resistance from the 17970 level and will be in a range the whole day. Note - I'm not sebi registered, this is only for educational p

by Garvit_Narang

Banknifty - finally price moves.Finally, bank nifty closes away from its 6-day closing price. So now what will be our analysis for tomorrow? Today after falling in 1st half, bank nifty was in a tight range in 2nd half. If the bank breaks the 41400 level we can target the previous day's high(PDH) i.e. 41660 level, and if the breaks the previous day's low(PDL) 41170 level, our target will be 41000 level as it is a psychological level. On the other hand, if it opens, above the 41400 level, PDH will act as resistance, and below t

by Garvit_Narang

Nifty down - India vix high So from last week india vix was below 13, which means option prices were not moving due to the low of india vix. So today nifty fall and after falling it was in a tight range of 70 points between 17800 and 17720 levels. We can expect a trending move as well as a range-bound market. So if it opens in a 70 points range and breaks the 17800 level we can expect the previous day's high (PDH) target i.e. 17880 level and if breaks the level of 17720, our target will be 17655 level. On the other hand, i

by Garvit_Narang

Banknifty - has not move from last 6 days From the last six days bank nifty has given closing near the 41500 level and in price action theory price can not remain the same for a longer period of time it has to move either upside or downside. And that trending move bank nifty can give us on Monday either up or down, most probably it will be on the upside as bank nifty is still bullish. So our analysis will be if it breaks the previous day's high (PDH) i.e 41680 we can easily get the target of 42000 as there is no resistance. If in case

by Garvit_Narang

Nifty - Doji on daily time frame As from the last three days nifty hasn't given a trending move and was in a tight range. On the other hand, it has made a doji candle on a daily time frame. So for Monday, our view will be for both sides because it can give us a trending move either upside or downside. So if nifty breaks the previous day's high (PDH) i.e 17875 level our view will be bullish and our target will be first 17900 and second 17970. If it breaks the previous day's low (PDL) i.e 17800 level our view will be bearish and

by Garvit_Narang

Banknifty - 5 day same closing So bank nifty today also closes on the same level where the last four days close. What I mean to say, the means price cannot be on the same level for a longer period, it has to move up or down. In this chart, I have given you an example of last week's (black pencil mark), from the last 4 days, the closing was on the same level, and on Friday it was a trending day. So now also bank nifty is doing the same thing, from last 5 days bank nifty closing is the same, thus means there can be a great move

by Garvit_Narang

NIFTY - Bullish closing So after a hugely volatile day, nifty breaks the day's range and closes near its day high which clearly shows nifty is bullish. as you can see in 5 min time frame after the breakout of range, sellers were trapped at the 17825 level, and from that level nifty breaks it's days high (DH) and after the breakout of DH now nifty is consolidating and making pole and flag pattern. so our analysis for tomorrow will be, our view is bullish now so we will take only an upside entry. If nifty breaks its pre

by Garvit_Narang

Banknifty - Expiry As we have observed from the last four days closing was on the same level so we surely say that expiry day i.e tomorrow will be a trending day whether it will be upside or downside. so our levels will be if it breaks upside the level of 41712(PDH also) we can easily get the target 42000 level, and if breaks the level of 41400(PDH) it will give us the target of 41300 and 41100.

by Garvit_Narang

NIFTY - 15 min.As we saw yesterday, there was a symmetrical triangle in 5 min time frame. Today in the opening, the triangle breaks on the upside and we achieved the 1st target of 17870. So for tomorrow our analysis we will go bullish if it breaks the level of 17900 i.e previous day's high (PDH) we can achieve the second target which will be the 17970 level. On the other hand, we saw today's market was in range and breaks a trendline. If the level of 17850 breaks we will take an entry for the downside, in tha

by Garvit_Narang

Price Action Analysis with Candlesticks(Part-1) Price is the cumulative result of all market information. Hence, technical analysts use price charts and chart patterns in their market study. candlesticks have become the most popular chart type for price action analysis. we have 3 methods to identify price action with candlesticks. 1.One Price Bar (Pin Bar) 2.Two Price Bars (Inside and Outside Bar) 3. Three Price Bars (MS and ES) In this post we discussed about One Price Bar only. we can post Remaining 2 concepts later.

by SriTrader5121

NIFTY 50 Support Levels as per the Price Action Strategy Current Supports for Nifty 50 Markets are falling from last October 2021 and now there are some hope for comeback (Demand Zone in Nifty 50) Be cautious, because the global problems are still existing. If the 16000 will not hold the Nifty as a support, than Nifty will be soon in the Range of 15000 - 16000 Enjoy!

by yashdoshi209

NATURAL GAS intraday setup natural gas forming head & shoulder pattern in 15min time frame SELL@ 379 SL@382 TGT@360 ( 3rs stoploss / 19rs target )

by vishalpatil1110

NIFTY 50 TODAY NIFTY IN BULLISH CHANNEL

INDUSINDBANK chart for 21-JAN-2020 Pre-Open Stock Chart-2 #INDUSINDBK Yesterday after giving Down-Trend, it has been settled in the zone 1326-1335 in last couple of hours. Multiple times it tried to break the range but fails every time. If it is able to sustain below CZ Zone, it can easily go till 1320-1310 zone. Buy Setup can be only initiated after break of trendline and CZ #LearnWithKRMG

by KR_Market_Gurukul

IOC: Looks like Sell on rise Bearish IOC Observations from the chart - - Made High of 404 on 7-Feb-2017 - Took that level out with a strong gap up (from 397 to 405) on 7-April-2017) - Trading below 405 after almost 3 1/2 months - Also Broken trend line now -20 day EMA & 50 day EMA crossover observed after a very long time Any rise towards 397-405 needs careful attention. Rejection at those levels might indicate Long Positions taken in IOC in the last 3 months have been trapped & the stock may fall further towards 368-354

by indiamarketoutlook