today again banknifty made low near 35700 after getting resistance near 36200-300
it is trading in a diamond pattern and range is contracting... breaking of pattern will bring clear direction..
it is strong only above 36300 level
it will bring more weakness below 35700
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--- Trade was given on 21-may -2021
---Trade is Closed in PROFIT on 07 -JUNE -2021
FULL TARGET done now..... 🎯
---Buy Above =1715 or CMP
--Target = 1798 | 2021
--Stop-loss = 1556
--lot size =275
--Expected Profit = 78K per lot ( 17 % )
--Expected Holding =...
Nifty is stuck in a range since 18 March 20.
On 8th March tried to break the range on upside but the attempt was rejected.
Within next 2 sessions Nifty touched the lower end.
Lower end is also the lower range of the gap that was created during the budget move
After 12th March Nifty took support on lower end. of the range. If you observe it took 3 sessions to...
The charts posted below are for educational purpose only.
If Nifty does not perform, these stock may also not perform. If Nifty performs, some of them may outperform. 14350 should be a panic stop for Nifty with 15300, the upper end of range, as target.
Always take calculated risk on any trade.
1. Stock is trading in old range from 2013.
2. Buy on dip on trendline provided or if further brokedown than enter on 200 moving average provided.
3. Stock is trading in range so better book profit immediately on its most recent resistance seen. There is 100 of other stocks to look for opportunity. Never be emotionally invested and stuck in a...
There were 2 strong indications to go short on Nifty:
1. M pattern (Double top) forming around 15,230.
2. TrendLine break and last kiss was also seen.
The target logically was the last region of consolidation where I expected Nifty to find support, which was around 15,100.
The market has been range bound since the post budget rally and is finding it difficult...
The stock has given breakout from its monthly as well as weekly support levels. A possible retracement is underway, if this support level was held firm by this stock then there will be continuity in the uptrend.
The safest entry levels are above 5400.00 Levels and SL must be below the immediate swing low.
Wating current market sentiment Risky Trades can enter...
HDFCBANK | Small range bound opportunity for 6% - Infact this is one of the main reason why i was bullish in the morning in BANKNIFTY
CMP : 1373 (Dip upto 1355)
Target : 1445
SL : 1343
Simple 1:3 risk reward setup
THE STOCK IS IN BULLISH TREND BEFORE IT GAVE A BREAKOUT OF THE BULLISH W PATTERN THEN IT WAS CONSOLIDATING IN A RANGE TOMMORROW
IT MIGHT BREAK ITS RANGE
BEST BUY WILL BE ONLY ABOVE 190 PLUS NOT BEFORE IT
ONE CAN GO FOR THE TARGETS MENTIONED IN THE CHARTS.
Swing Trading opportunity ! Weekly Chart Alert !
Enter on lower time frame after breakout 🎯
Lot Size =300
Target = 2878
Stop-loss = 2576
1) Descending Triangle and Range trading can be done
2) Parallel channel Formation
3) Support zone is 2249-2299
Guys check out the related ideas as well, it will work really well guaranteed !
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