Nifty Intraday key levels for 18.12.24Hi,
* Please mark the levels in your chart and get prepared for tomorrow
* These buying and selling levels have good accuracy.
Resistance 24490 / 24710
Support 24260 / 24000
* A close below 24170 on a daily closing basis might take drag Nifty downside around 580+ points (Inside Bar range)
Regards
Bull Man
Search in ideas for "INSIDE BAR"
DCB Bank Weekly Chart AnalysisDCB Bank is showing a promising breakout potential on the weekly time frame with an inside bar formation! 📈🚀 Technical analysis suggests that the stock is poised to break out of its trendline, indicating a possible upward move. Keep an eye on this setup and consider it for your trading strategy. This is an educational post. Not a buy/sell Call.
#DCBBank #TechnicalAnalysis #BreakoutAlert #InsideBar #TradingStrategy
Nifty - Outlook for 3rd week - December 2024Nifty Current spot is at 24781.30
1. Strong Hammer is formed on 13th Dec
2. Inside Bar pattern range is 550 Points
3. If upside range is broken and sustains on a Daily closing basis above 24860, Nifty might test 25220 and 25435
4. Upside movement might be limited to 25650- 25950
Nifty - Intraday key levels for 13.12.24Nifty - Intraday key levels for 13.12.24
1. Inside Bar pattern
2. Still candles are trading within the Mother candle range (High and Low)
3. Whichever side it breaks, we might see almost 500 points rally
4. Wait for Hourly closing candle confirmation
Thank you.
Regards
Bull Man
NIFTY - Daily chart - Key levels for 10.12.24NIFTY - Daily chart - Key levels for 10.12.24
1. Inside bar pattern is still open
2. Wait for a day close above 24860 or below 24300
- whichever side breaks, around 2% rally in Nifty we can expect
3. So far, below are the levels to watchout for
- 24740 and 24830 are the key resistance levels
- 24600 and 24445 are the key support levels
Thank you.
Regards
Bull Man
BAJAJ_AUTO - First Leg of Correction seems completeCMP: 9040
TF: 90 Minutes
I have marked the internals of this impulse wave down and the 5 wave down-move seems complete.
Diagonal is visible
Triple Divergence (Positive at the bottom) is seen
Multiple inside bars at the lows signifies absorption.
This is Trading view for the next few days.. Positionally, the bounce (if any), should see next round of selling.
On the Daily TF, price is now at the previous consolidation range.. Price could replicate the same behavior here too and stay sideways for several days to complete time correction.
Watchout for the breakout of the falling trendline.. thats the key for any possibly trading opportunity
I am not a SEBI registered Analyst. Views are personal and for educational purpose only. Please consult your Financial Advisor for any investment decisions.
NTPC - short for 10 %sequqnce of changes impying bearish trend is explained in figure
price action had 3 lower lows - implies a change in trend
price ended below the pivot level of 426 (august level)
price breached 18 day EMA with decent volumes
inside bar formation below 18 day and price facing resistance from 18 day for 4 days
MACD are bearish
Target and SL marked
Darvas box breakout in Tata ChemicalsThe stock recently gave a breakout with good volume after the consolidation of 7 months.
Also an inside bar candle is formed on last Friday.
Entry above 1189+
SL below 1148
Targets - 1224, 1274, 1341.
Risk to reward ratio is quite favorable.
Not a buy/sell recommendation. Shared for learning purpose.
Divgi: Showing reversal signDivgi is looking good for reversal on weekly time frame. Stock is in downtrend since long. From last month stock is trading in a box and forming multiple inside bar and double bottom. Fixed assets has been almost double as compared to FY 22-23. Keep on radar for closing above 635.
Tata Motors Swing Idea (Long)Tata motors has been consolidating in range for last two weeks. Expecting a breakout next week due t following technical reason:
1) Swing Low range are shifting upward
2) Inside bar candlestick pattern on weekly
3)Trading above 20 & 50 EMA On HOURLY chart
4) Break away gaps are pending to be covered
5) Bullish Spinning bottom candlestick on weekly chart
(Note: I am neither responsible for anyone's profit or loss nor I am a sebi registered RA, this only for educational purpose. Please do your own due diligence before taking any trades.)
Bank Nifty (2 hrs) : Spot Date 06.10.2024
Bank Nifty
Timeframe : 2 Hrs
Remarks :
1 Completion of Wave 4
2 Target Wave 5
3 Support extension of Rsi & support trendline
4 plot 200 ema at 2 hrs timeframe & treat that as support & resistance filter
5 Internal waves of 5 is shown for your understanding & swings to deal with
6 Risk reward ratio is better on long side
7 By chance any gap down near 786%, grab immediately for longs
8 Lastly if open flat then trade inside bar strategy at 2 hrs timeframe
Regards,
Ankur
Larsen & Turbo Sept Monthly Expiry Expecting some momentum due to September month expiry closing in larsen & tourbo due to following reason
1) Long wicks currently indicating sellers are in control
2) Shooting star candlestick
3) Inside bar Candlestick pattern (Whichever side it breaks this
will be directional)
4) Since monthly expiry expecting some momentum
(Note: Author is neither responsible for anyone's profit or loss, nor a sebi registered RA, this only for educational purpose. Please do your own due diligence before taking any trades.)
KOTAKBANK - Keep an eye if it breaks the trendlineOn a monthly chart, #KOTAKBANK is creating Lower Highs and price is unable to break the trendline. However, a good volume is building up and price is consolidating, creating an inside bar setup. 50 SMA once broken but reclaimed back, chances are it should move up, but if it doesn't be ready to go back to 1545 levels. From current price levels, there is room to grow easily up to 25% up and once the all time high is broken, around 40% up side is predicted from the all time high(2253) levels in a long term. It would be good to see how it reacts in upcoming days.