Resistence
Broke strong 96D resistance levelMITH/USDT broke a strong 96 days long resistance level, with appreciable buy volume. A move to the downside is unlikely at such a big break, but still possible. Stop-loss needed as always.
Bank Nifty Analysis 12 july 2021Hello everyone
As Per Hourly Price action 35200 area is resistance area and Support Area 34900.
On the Down side breakdown 34900 It may fall towards 34600 And 34500 area.
On the upper side Any Sustainable Move above 35200 we can see momentum towards 35400 and 35500 area.
Indusind Bank Trade Setup For Positional Trade (28th June)Indusind Bank Trade Setup for Monday.
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So on tomorrow indusind Bank share can give the correction till 1003.
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If it break 1003 support then 995 is a strong support.
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You can do a positional trade for the level of 1050 in this.
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What your view's comment below.
Vodafone Idea making a cup Pattern Wait and WatchVodafone Idea making a cup Pattern.
Vodafone Idea was moving in a Channel from June 2020 till April 21 and started making a Cup Pattern.
There is a strong resistance at 13.30-13.80 from where it reversed earlier. The next resistance is at 11.85.
So a decisive break and retest above 11.85 could provide an opportunity to go long for a target of 13.50. Put on watch list.
GOODYEAR CAN MAKE YOUR YEAR GOODLOOKS GOOD ABOVE RESISTANCE LEVEL FOR DECENT UPSIDE
IDEA IS FOR EDUCATIONAL PURPOSE
SRTRANSFIN NEAR BREAKOUT LEVEL.SRTRANSFIN is steadily making higher lows but is failing to close above around 1525 odd levels. The uptrend is intact and upward momentum is possible if it closes above the zone with good volumes. Keep an eye on this stock, may give a short term trade in the near term.
MONTHLY MEGA RETURN OFFER !SBIN :- SBIN is slowly moving in an uptrend if we look at monthly candles. After so long it gave breakout from its monthly resistance line. It is now retesting the resistance line. If retest is successful and stock moves up , this will be best investment for long term , as this is monthly chart, also don't expect gains to be super quick, Consult your advisor or do proper research before entering this, It was just my educational opinion through the chart. Feel free to share your views/feedbacks, also let me know in the comments if it was helpful.
TIME FOR BIG MOVE ABOVE 35400-35500BANKNIFTY has been underperforming since last 3 months while NIFTY is making new highs ,now as there is a new buzz around PSU BANKS
Even though banknifty has been making a ascending wedge,banknifty is trying to break 35400 levels
while overall global markets are making higher highs, lets hope the FED data from US would give a run for BANKNIFTY to achieve.
Open to critics.
CNX METAL LONG.CNXMETAL has been in an uptrend, continuously forming higher lows. After the recent complex pullback, it seems rested and ready to move forward and challenge its highs and possibly make new ones. Certain stocks in this sector can be traded for a short term trade and I will post my analysis of them shortly.
Au Small Bank ( resistance gap Filled)buy level- 1030 to 1060
target- 1100- 1140-1175 & all time high 1348
time 2-3 months
return more than 25%
KAUTILYA can recover Your losses with Quantitative analysis and grow the CAPITAL
NOTE – EDUCATIONAL PURPOSE
(Consult your financial advisor before any decision)
Banknifty Target and Prediction-Intraday 8 thJune Check out daily Nifty and Banknifty Target for Intraday & Prediction for Tomorrow.These Forecast are based on some of the most used Technical Indicators; hence, they are expected to give accurate predictions.
This Index Target, Forecast or Predictions should be used only for reference & educational purposes. The Data or Information provided may or may not be accurate or reliable for Investment & hence, should be used at one’s own risk
Falling Channel + Wedge Pattern COMBO !Traders, as you can see clearly that BBTC was first in falling or descending channel pattern and then it gave breakout and formed wedge pattern. Stock also gave breakout from wedge pattern (that too with high volumes ). Now stock is again retesting the trend line (resistance line). Buy once stock start showing positive momentum. Don't buy if stock closes below the resistance line. This was my personal analysis only for educational purpose. Feel free to share feedback/queries.