If its able to break the trendline resistance it can achieve t1 t2 and more good buying seen at the bottom levels it might take resistance and give a small retracement
Banknifty is weaker then nifty, may due to some news. How ever chart shows weakness, Major retracement is due too so first sellers will be trapped and then buyers. above ATH only BN will be strong till then play for small profits only Trend is side ways to bearish
index is now at a crucial make or break area index is trading above 20 ema however the setup is still of confusion the resistance emerging shows like will it be a retracement or will it be a breakdown
Banknifty . Trying to form ( H&S ). Enter after " Breakout and Retracement ". . . For " long " entry: 44580 / 45120 target: 45250 - 45760 stoploss: 44900 / 45030 . . For " Short" entry: 44550 target: 44250, 44030 stoploss: 44580 . Enter only if market Breaks "Yellow box" mentioned. . Wait for proper reversal and conformation. . Don't make complicated trade...
A clear downside break of the 10-month-old rising support line teases the AUDUSD bears as China releases mixed inflation data from July. Even so, an ascending trend line from early November 2022, close to 0.6470, could join the nearly oversold RSI to challenge the Aussie bears. Following that, a 78.6% Fibonacci retracement of October 2022 to February 2023 upside,...
Golden comment: The TVC:GOLD pair trades around a Fibonacci level, the 61.8% retracement of the $1,902.62/$1,987.40 rally. Technical readings in the daily chart indicate that the risk skews to the downside as indicators accelerated their slides within negative levels, reaching fresh one-month lows. At the same time, the pair stands below its 20 and 100 Simple...
The FASP for Nifty is listed for 08-08-2023. You can add this levels to your trade setup for better results. This should not be the only indicator but an additional tool to increase your winning possibilities. What is Fibolysis Anchor SupRes Points(FASP)? It is a unique level arrived by using Fibonacci Retracement , Fibonacci Extension , Standard Pivot levels...
The FASP for BankNifty is listed for 08-08-2023. You can add this levels to your trade setup for better results. This should not be the only indicator but an additional tool to increase your winning possibilities. What is Fibolysis Anchor SupRes Points(FASP)? It is a unique level arrived by using Fibonacci Retracement , Fibonacci Extension , Standard Pivot levels...
Banknifty has been trading between 38.2% to 50% fibonacci level and remained volatile whole day. The market is taking serious resistance from 45k level and today also it tried to cross the level and reversed after hitting the resistance zone of 45100 level. On the hourly chart, banknifty remained between both the moving averages and gave dji after doji. Trend...
As per the Day chart , SUNPHARMA inching towards 1200 all time high! Need to be cautious as Retracement from this level will be healthier for Swing trading
expecting retracement up to this marked area, so beware before CE trade, try to trade PUT
RELINFRA I'll give this trade to some members of my group, target was achieved less than July 8 ill give this trade. exactly 1-month target achieved anyone's interest on this stock you can buy now also as stop loss 190to 196 and wait for retracement and target open. min 30+ points keep. I'm not telling you to buy this trade as in me it's bullish that's sit. thank you.
since 1994, Gartner is in parallel channel zone and touched the edges 4 time and this is 5th time. Considering the past I believe it may face resistance to break the channel and move up. One retracement to mean of the channel is desired.
After a halt candle, market has given a nice fall in this week and recovered some points after a gap up opening. Nifty has closed 130 points lower this week forming a dragon fly doji on the weekly chart. The market fell for 3 days and tested 19300 levels after making a high of 19800 this week. The market is creating a bull trend and this is a healthly...
Will it bounce back? wave 5 of this rally in an ending diogonal. now wave exactly 50 percent retracement of wave 5 is done.and wave 5 has retraced to the position of 4 th wave of it. In normal case it should have retraced to the starting point of wave 5. But now a days in bullish scenario deep retarcement is not happening. How ever at this juncture we should be...
We highlighted the trend change in the stock around May when stock cleared its down-sloping trendline. The stock has now given a breakout above its prior all time high of 131 with huge volumes, suggesting uptrend is likely to continue.. According to the past chart history, this rally could now head to 261.8% Fibonacci Retracement around 235. Bullish view...
Banknifty . Enter once after " Breakout and Retracement ". . . For " long " entry: 45410 target: 45575 - 45760 stoploss: 45200 . . For " Short" entry: 45230 target: 45020 - 4487 stoploss: 45350 . Enter only if market Breaks "Yellow box" mentioned. . Wait for proper reversal and conformation. . Don't make complicated trade set-up.📈📉 Keep it " simple,...
Weekly time frame, this week's candle 50% retracement hone k baad upmove continue. Target 5200 SL 4500. Its my view. Before taking any trade plz consult your financial advisor.