Banknifty Expiry Trade Setup for 11-10-2023BankNifty important levels to watch are as follows
#Support: 44330
Sell below: 44330 only on 15 minute candle closure below the level.
Target 1: 44200
Target 2: 44020
Target 3: 43840
#Resistance: 44490
Buy Above: 44490 only on 15 minute candle closure Above the level.
Target 1: 44620
Target 2: 44760
Target 3: 44890
=> # Remember each level will act as a support and resistance individually so there is a probability of reversal and a pullback on either side so its better to make an habit to book profits at each targets and re-enter again after a breakout from the same with a proper stoploss as per your own risk appetite.
=> # Please do your own research before initiating any trade. Always use stoploss in order to protect your capital.
=> #If you are Unable to trade properly and dissatisfied with your manual trading results due to psychological disadvantages or busy schedule or "Fear & Greed" emotions, then Algorithmic trading can be the most useful solution to overcome such problems. Kindly follow us and join us using details mentioned below the idea.
=> # Please refer our swing based support and resistance indicator if you find it useful give it a like.
=> # Follow us for more such information and educational ideas and Indicators. Give it a like if you appreciate the idea. Queries will be answered in comment section.
#Disclaimer: This is just a view and published here only for educational purpose, this should not be considered as a buy or sell signal. Trading in stock market may involve financial risk therefore, do your own research before taking any position.
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Finnifty Expiry trade setup for 10-10-2023Finnifty important levels to watch are as follows
#Support: 19650
Sell below: 19650 only on 15 minute candle closure below the level.
Target 1: 19615
Target 2: 19570
#Resistance: 19715
Buy Above: 19715 only on 15 minute candle closure Above the level.
Target 1: 19750
Target 2: 19780
=> # Remember each level will act as a support and resistance individually so there is a probability of reversal and a pullback on either side so its better to make an habit to book profits at each targets and re-enter again after a breakout from the same with a proper stoploss as per your own risk appetite.
=> # Please do your own research before initiating any trade. Always use stoploss in order to protect your capital.
=> #If you are Unable to trade properly and dissatisfied with your manual trading results due to psychological disadvantages or busy schedule or "Fear & Greed" emotions, then Algorithmic trading can be the most useful solution to overcome such problems. Kindly follow us and join us using details mentioned below the idea.
=> # Please refer our swing based support and resistance indicator if you find it useful give it a like.
=> # Follow us for more such information and educational ideas and Indicators. Give it a like if you appreciate the idea. Queries will be answered in comment section.
#Disclaimer: This is just a view and published here only for educational purpose, this should not be considered as a buy or sell signal. Trading in stock market may involve financial risk therefore, do your own research before taking any position.
Nifty Trade Setup for 10-10-2023Nifty important levels to watch are as follows
#Support: 19480
Sell below: 19480 only on 15 minute candle closure below the level.
Target 1: 19445
Target 2: 19385
#Resistance: 19540
Buy Above: 19540 only on 15 minute candle closure Above the level.
Target 1: 19580
Target 2: 19640
=> # Remember each level will act as a support and resistance individually so there is a probability of reversal and a pullback on either side so its better to make an habit to book profits at each targets and re-enter again after a breakout from the same with a proper stoploss as per your own risk appetite.
=> # Please do your own research before initiating any trade. Always use stoploss in order to protect your capital.
=> #If you are Unable to trade properly and dissatisfied with your manual trading results due to psychological disadvantages or busy schedule or "Fear & Greed" emotions, then Algorithmic trading can be the most useful solution to overcome such problems. Kindly follow us and join us using details mentioned below the idea.
=> # Please refer our swing based support and resistance indicator if you find it useful give it a like.
=> # Follow us for more such information and educational ideas and Indicators. Give it a like if you appreciate the idea. Queries will be answered in comment section.
#Disclaimer: This is just a view and published here only for educational purpose, this should not be considered as a buy or sell signal. Trading in stock market may involve financial risk therefore, do your own research before taking any position.
Banknifty Trade setup for 10-10-2023BankNifty important levels to watch are as follows
#Support: 43830
Sell below: 43830 only on 15 minute candle closure below the level.
Target 1: 43680
Target 2: 43500
#Resistance: 43960
Buy Above: 43960 only on 15 minute candle closure Above the level.
Target 1: 44200
Target 2: 44450
=> # Remember each level will act as a support and resistance individually so there is a probability of reversal and a pullback on either side so its better to make an habit to book profits at each targets and re-enter again after a breakout from the same with a proper stoploss as per your own risk appetite.
=> # Please do your own research before initiating any trade. Always use stoploss in order to protect your capital.
=> #If you are Unable to trade properly and dissatisfied with your manual trading results due to psychological disadvantages or busy schedule or "Fear & Greed" emotions, then Algorithmic trading can be the most useful solution to overcome such problems. Kindly follow us and join us using details mentioned below the idea.
=> # Please refer our swing based support and resistance indicator if you find it useful give it a like.
=> # Follow us for more such information and educational ideas and Indicators. Give it a like if you appreciate the idea. Queries will be answered in comment section.
#Disclaimer: This is just a view and published here only for educational purpose, this should not be considered as a buy or sell signal. Trading in stock market may involve financial risk therefore, do your own research before taking any position.
CrudeOil Important Levels to watch ! CrudeOil important levels to watch are as follows
#Support: 6900
Sell below: 6900 only on 15 minute candle closure below the level.
Target 1: 6800
Target 2: 6680
#Resistance: 7000
Buy Above: only on 15 minute candle closure Above the level.
Target 1: 7065
Target 2: 7180
=> # Remember each level will act as a support and resistance individually so there is a probability of reversal and a pullback on either side so its better to make an habit to book profits at each targets and re-enter again after a breakout from the same with a proper stoploss as per your own risk appetite.
=> # Please do your own research before initiating any trade. Always use stoploss in order to protect your capital.
=> #If you are Unable to trade properly and dissatisfied with your manual trading results due to psychological disadvantages or busy schedule or "Fear & Greed" emotions, then Algorithmic trading can be the most useful solution to overcome such problems. Kindly follow us and join us using details mentioned below the idea.
=> # Please refer our swing based support and resistance indicator if you find it useful give it a like.
=> # Follow us for more such information and educational ideas and Indicators. Give it a like if you appreciate the idea. Queries will be answered in comment section.
#Disclaimer: This is just a view and published here only for educational purpose, this should not be considered as a buy or sell signal. Trading in stock market may involve financial risk therefore, do your own research before taking any position.
Natural Gas Important levels to watch! Natural Gas important levels to watch are as follows
#Support: 266.1
Sell below: 266 only on 15 minute candle closure below the level.
Target 1: 263
Target 2: 259
#Resistance: 270
Buy Above: 270 only on 15 minute candle closure Above the level.
Target 1: 272.5
Target 2: 276.5
=> # Remember each level will act as a support and resistance individually so there is a probability of reversal and a pullback on either side so its better to make an habit to book profits at each targets and re-enter again after a breakout from the same with a proper stoploss as per your own risk appetite.
=> # Please do your own research before initiating any trade. Always use stoploss in order to protect your capital.
=> #If you are Unable to trade properly and dissatisfied with your manual trading results due to psychological disadvantages or busy schedule or "Fear & Greed" emotions, then Algorithmic trading can be the most useful solution to overcome such problems. Kindly follow us and join us using details mentioned below the idea.
=> # Please refer our swing based support and resistance indicator if you find it useful give it a like.
=> # Follow us for more such information and educational ideas and Indicators. Give it a like if you appreciate the idea. Queries will be answered in comment section.
#Disclaimer: This is just a view and published here only for educational purpose, this should not be considered as a buy or sell signal. Trading in stock market may involve financial risk therefore, do your own research before taking any position.
Banknifty TradeSetup for 06-10-2023BankNifty important levels to watch are as follows
#Support: 44180
Sell below: 44180 only on 15 minute candle closure below the level.
Target 1: 44050
Target 2: 43850
#Resistance: 44390
Buy Above: 44390 only on 15 minute candle closure Above the level.
Target 1: 44525
Target 2: 44740
=> # Remember each level will act as a support and resistance individually so there is a probability of reversal and a pullback on either side so its better to make an habit to book profits at each targets and re-enter again after a breakout from the same with a proper stoploss as per your own risk appetite.
=> # Please do your own research before initiating any trade. Always use stoploss in order to protect your capital.
=> #If you are Unable to trade properly and dissatisfied with your manual trading results due to psychological disadvantages or busy schedule or "Fear & Greed" emotions, then Algorithmic trading can be the most useful solution to overcome such problems. Kindly follow us and join us using details mentioned below the idea.
=> # Please refer our swing based support and resistance indicator if you find it useful give it a like.
=> # Follow us for more such information and educational ideas and Indicators. Give it a like if you appreciate the idea. Queries will be answered in comment section.
#Disclaimer: This is just a view and published here only for educational purpose, this should not be considered as a buy or sell signal. Trading in stock market may involve financial risk therefore, do your own research before taking any position.
Nifty Tradesetup for 06-10-2023Nifty important levels to watch are as follows
#Support: 19520
Sell below: 19520 only on 15 minute candle closure below the level.
Target 1: 19430
Target 2: 19340
#Resistance: 19576
Buy Above: 19576 only on 15 minute candle closure Above the level.
Target 1: 19630
Target 2: 19720
=> # Remember each level will act as a support and resistance individually so there is a probability of reversal and a pullback on either side so its better to make an habit to book profits at each targets and re-enter again after a breakout from the same with a proper stoploss as per your own risk appetite.
=> # Please do your own research before initiating any trade. Always use stoploss in order to protect your capital.
=> #If you are Unable to trade properly and dissatisfied with your manual trading results due to psychological disadvantages or busy schedule or "Fear & Greed" emotions, then Algorithmic trading can be the most useful solution to overcome such problems. Kindly follow us and join us using details mentioned below the idea.
=> # Please refer our swing based support and resistance indicator if you find it useful give it a like.
=> # Follow us for more such information and educational ideas and Indicators. Give it a like if you appreciate the idea. Queries will be answered in comment section.
#Disclaimer: This is just a view and published here only for educational purpose, this should not be considered as a buy or sell signal. Trading in stock market may involve financial risk therefore, do your own research before taking any position.
Nifty Expiry TradeSetup for 05-10-23Nifty important levels to watch are as follows
#Support: 19400
Sell below: 19400 only on 15 minute candle closure below the level.
Target 1: 19345
Target 2: 19275
Target 3: 19220
#Resistance: 19456
Buy Above: 19456 only on 15 minute candle closure Above the level.
Target 1: 19530
Target 2: 19590
Target 3: 19650
=> # Remember each level will act as a support and resistance individually so there is a probability of reversal and a pullback on either side so its better to make an habit to book profits at each targets and re-enter again after a breakout from the same with a proper stoploss as per your own risk appetite.
=> # Please do your own research before initiating any trade. Always use stoploss in order to protect your capital.
=> #If you are Unable to trade properly and dissatisfied with your manual trading results due to psychological disadvantages or busy schedule or "Fear & Greed" emotions, then Algorithmic trading can be the most useful solution to overcome such problems. Kindly follow us and join us using details mentioned below the idea.
=> # Please refer our swing based support and resistance indicator if you find it useful give it a like.
=> # Follow us for more such information and educational ideas and Indicators. Give it a like if you appreciate the idea. Queries will be answered in comment section.
#Disclaimer: This is just a view and published here only for educational purpose, this should not be considered as a buy or sell signal. Trading in stock market may involve financial risk therefore, do your own research before taking any position.
Banknifty Trade setup for 05-10-2023BankNifty important levels to watch are as follows
#Support: 43880
Sell below: 43880 only on 15 minute candle closure below the level.
Target 1: 43780
Target 2: 43620
Target 3: 43475
#Resistance: 44045
Buy Above: 44045 only on 15 minute candle closure Above the level.
Target 1: 44140-44155
Target 2: 44290
Target 3: 44470
=> # Remember each level will act as a support and resistance individually so there is a probability of reversal and a pullback on either side so its better to make an habit to book profits at each targets and re-enter again after a breakout from the same with a proper stoploss as per your own risk appetite.
=> # Please do your own research before initiating any trade. Always use stoploss in order to protect your capital.
=> #If you are Unable to trade properly and dissatisfied with your manual trading results due to psychological disadvantages or busy schedule or "Fear & Greed" emotions, then Algorithmic trading can be the most useful solution to overcome such problems. Kindly follow us and join us using details mentioned below the idea.
=> # Please refer our swing based support and resistance indicator if you find it useful give it a like.
=> # Follow us for more such information and educational ideas and Indicators. Give it a like if you appreciate the idea. Queries will be answered in comment section.
#Disclaimer: This is just a view and published here only for educational purpose, this should not be considered as a buy or sell signal. Trading in stock market may involve financial risk therefore, do your own research before taking any position.
BankNifty Trade Setup For 04-10-2023BankNifty important levels to watch are as follows
#Support: 44266
Sell below: 44266 only on 15 minute candle closure below the level.
Target 1: 44090
Target 2: 43920
Target 3: 43780
#Resistance: 44436
Buy Above: 44436 only on 15 minute candle closure Above the level.
Target 1: 44600
Target 2: 44750
Target 3: 44930
=> # Remember each level will act as a support and resistance individually so there is a probability of reversal and a pullback on either side so its better to make an habit to book profits at each targets and re-enter again after a breakout from the same with a proper stoploss as per your own risk appetite.
=> # Please do your own research before initiating any trade. Always use stoploss in order to protect your capital.
=> #If you are Unable to trade properly and dissatisfied with your manual trading results due to psychological disadvantages or busy schedule or "Fear & Greed" emotions, then Algorithmic trading can be the most useful solution to overcome such problems. Kindly follow us and join us using details mentioned below the idea.
=> # Please refer our swing based support and resistance indicator if you find it useful give it a like.
=> # Follow us for more such information and educational ideas and Indicators. Give it a like if you appreciate the idea. Queries will be answered in comment section.
#Disclaimer: This is just a view and published here only for educational purpose, this should not be considered as a buy or sell signal. Trading in stock market may involve financial risk therefore, do your own research before taking any position.
Banknifty Trade Setup for 03-10-2023BankNifty important levels to watch are as follows
#Support: 44535
Sell below: 44535 only on 15 minute candle closure below the level.
Target 1: 44350
Target 2: 44215
Target 3: 44100
#Resistance: 44740
Buy Above: 44740 only on 15 minute candle closure Above the level.
Target 1: 44860
Target 2: 45050
Target 3: 45200
=> # Remember each level will act as a support and resistance individually so there is a probability of reversal and a pullback on either side so its better to make an habit to book profits at each targets and re-enter again after a breakout from the same with a proper stoploss as per your own risk appetite.
=> # Please do your own research before initiating any trade. Always use stoploss in order to protect your capital.
=> #If you are Unable to trade properly and dissatisfied with your manual trading results due to psychological disadvantages or busy schedule or "Fear & Greed" emotions, then Algorithmic trading can be the most useful solution to overcome such problems. Kindly follow us and join us using details mentioned below the idea.
=> # Please refer our swing based support and resistance indicator if you find it useful give it a like.
=> # Follow us for more such information and educational ideas and Indicators. Give it a like if you appreciate the idea. Queries will be answered in comment section.
# Disclaimer : This is just a view and published here only for educational purpose, this should not be considered as a buy or sell signal. Trading in stock market may involve financial risk therefore, do your own research before taking any position.
Nifty Trade Setup For 03-10-2023Nifty important levels to watch are as follows
#Support: 19620
Sell below: 19620 only on 15 minute candle closure below the level.
Target 1: 19560
Target 2: 19500
Target 3: 19460
#Resistance: 19715
Buy Above: 19715 only on 15 minute candle closure Above the level. scalpers can buy above 19675 for a small target.
Target 1: 19790
Target 2: 19850
Target 3: 19895
=> # Remember each level will act as a support and resistance individually so there is a probability of reversal and a pullback on either side so its better to make an habit to book profits at each targets and re-enter again after a breakout from the same with a proper stoploss as per your own risk appetite.
=> # Please do your own research before initiating any trade. Always use stoploss in order to protect your capital.
=> #If you are Unable to trade properly and dissatisfied with your manual trading results due to psychological disadvantages or busy schedule or "Fear & Greed" emotions, then Algorithmic trading can be the most useful solution to overcome such problems. Kindly follow us and join us using details mentioned below the idea.
=> # Please refer our swing based support and resistance indicator if you find it useful give it a like.
=> # Follow us for more such information and educational ideas and Indicators. Give it a like if you appreciate the idea. Queries will be answered in comment section.
#Disclaimer: This is just a view and published here only for educational purpose, this should not be considered as a buy or sell signal. Trading in stock market may involve financial risk therefore, do your own research before taking any position.
HDFC Bank - Wait till 29th September
HDFC Bank is still bearish. As per my previous coverage, will have to wait :
1. Levels to be formed on 29th September 2023. (Not likely to go below 1510).
2. Whatever low is made on 29th September 2023 has to be watched.
3. On 2nd October we have a holiday.
From 4th it is likely to be bullish. Don't be in hurry at all.
4. Meanwhile candles to be watched. (These are the candles likely to reverse the trend existing then).
(a) 10/1/23 11:07 AM
(b) 10/4/23 9:59 AM
Please adhere to the time and price levels mentioned here and trade in consonance with other indicators.
Disclaimer: I am not a SEBI Registered Analyst. Please consult your financial advisor before making any decision.
BPCL Buy above exact level of 352.95
Buy above 352. 95, Target 363
As per my earlier discussion on the stock, buying level was given above 360, but that is modified now at above level. Don't be in haste, let the levels come. Then execute with proper indicators.
The levels which I prescribe are on closing basis. Yesterday it closed above this, Let it remain above this level of 352.95 or retrace above this level only then buy.
I am not a SEBI Registered Analyst, consult your financial Advisor before making a decision. I will not be responsible for any of your profits or losses.
Finally a Break-OutGreen Line = Potential target
Red Line = Sl
Never trade without a stoploss.
--- --- ---
The price of the stock is the only true indicator of developments in the Company and market in general. A stock's price backed by volumes, has factored in all the knowns, unknowns, dreams, and impulses of all those who are in the market.
That is why my charts are as clean as they can be. Rarely any indicators.
XUAUSD - Next move1. Timeframe: 75 min
More details
1. I have marked Engulfing candles in yellow color.
2. Have taken the length(body range of the engulfing candle) of the engulfing candle body and drawn it in red color line above it. That can act like support and resistance. One of the ways to trade without any indicators.
3. In general, a stock forms a Engulfing candle to define its price range targets and moves towards it. Always consider the above #2.
Note: Always consider 2X and 3X of the Engulfing candle body range to define support and resistance.
Asian Paints stock direction1. Timeframe: 75 min
More details
1. I have marked Engulfing candles in yellow color.
2. Have taken the length(body range of the engulfing candle) of the engulfing candle body and drawn it in red color line above it. That can act like support and resistance. One of the ways to trade without any indicators.
AKSHARCHEM Trendline BO & Harmonic PatternIn this analysis, we will delve into the technical aspects of the weekly chart for AKSHARCHEM, aiming to provide insights into potential trading opportunities based on key patterns and indicators.
Breakout of Weekly Trendline:
The chart presents a significant breakout of a weekly trendline. Breakouts of trendlines, especially on longer timeframes like the weekly chart, can signal a shift in market sentiment. In this case, the breakout indicates a potential transition from a bearish trend to a bullish one. This breakout is a critical point of interest for traders, often influencing their decision-making process.
Confirmation Through RSI Breakout:
The breakout observed on the Relative Strength Index (RSI) adds more weight to the breakout from the trendline. RSI is a popular momentum oscillator that measures the speed and change of price movements. The fact that the RSI has also broken out suggests a convergence of signals, enhancing the credibility of the bullish scenario.
Black Swan Harmonic Pattern:
Adding further intrigue to the analysis, a Black Swan Harmonic Pattern is discernible on the chart. This pattern, also known as the alternate bat pattern, is a relatively rare occurrence and can be seen as a reversal pattern. The presence of this pattern might imply that the current trend is at a potential turning point.
Proposed Trade Strategy:
Taking the insights from the chart analysis into account, here's a proposed trade strategy:
Entry: Consider entering a long position at the current market price (CMP) of ₹260.9. This entry point aligns with both the breakout from the weekly trendline and the confirmation from the RSI breakout.
Stop Loss (SL): Implement a stop loss at ₹230. This level is strategically chosen to allow for reasonable price fluctuations while providing protection against sudden adverse movements. Effective risk management is vital to successful trading.
Targets: Set multiple targets to take advantage of potential price movements:
Target 1: ₹290
Target 2: ₹344
Target 3: ₹399
These target levels are determined based on the potential upside suggested by the breakout from the weekly trendline and the Black Swan Harmonic Pattern.
Conclusion:
While technical analysis offers valuable insights, it's important to note that no analysis guarantees specific outcomes in the stock market. Trading involves risks, and comprehensive research, risk management, and consultation with financial professionals are essential before making any trading decisions.
The breakout from the weekly trendline, confirmation from RSI, and the presence of the Black Swan Harmonic Pattern create an interesting scenario for AKSHARCHEM. However, market conditions can change rapidly, so staying informed and adaptable is crucial for successful trading.
HDFCBANK Intraday Trade By RamajiTradeI hope you guys like my idea
trade was simple program with Price action
Price action describes the characteristics of a security’s price movements. This movement is often analyzed with respect to price changes in the recent past. In simple terms, price action trading is a technique that allows a trader to read the market and make subjective trading decisions based on recent and actual price movements, rather than relying solely on technical indicators.