Educational Price Action analysisStock will become more strong if it does a retest after the BO....
Keep an eye to check this hypothesis..
Search in ideas for "SUPPORTANDRESISTANCE"
Education price action analyis - HindcopperChart has given BO on weekly basis.. it should come to retest at the BO level...
if it happen than generally entry get trigger...
In such a situation, one can have a 1:1 RR..
SL 135
T 195
Breakout and retestBreakout of crucial level is important indication of higher prices to come.
When such breakout creates all time high it means that market participants are now willing to pay higher prices.
A retest of earlier resistance from above creates good buying opportunity for investors. Here there is low risk and high return. Also success probability are high for such setup.
Education price action analysis - idea..Hypothesis - Stock has made weekly HH
entry triggered on close of 8th Sept..
T1 11.45
T2 15
GRANULESprice has reacted from daily demand zone.
price has crossed daily 20ema.
if price comes down, will wait for price to come till entry2.
Nifty view for 15/09/2023 Only for educational purpose
Each rectangle is a zone and will act as support or resistance based on the direction from which the current market price is coming.
Education price action analysis - pnbit is crossing monthly resistance lets see how it is behaving..
Education price action analysis - PetronetHyopthesis = BO & Retest
Entry immediate
SL 218
T1 260
T2 286
Bank Nifty - Sep 13Pattern : Support/Resistance.
Range : Medium
Trend strength : Less.
Buy Above : 45520
Stop Loss : 45440
Targets : 45600, 45680, 45800, 44880 and 45960.
Sell below : 45340.
Stop Loss : 45420.
Targets : 45260, 45180, 45040 and 44960.
Check the live market updates. Expected expiry day range is 46000 to 44900.
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Note : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
Mighty Nifty - Sep 11Price took support and we saw a very good movement after that on friday. Now price is consolidating.
Pattern : Support/Resistance
Range : Medium
Trend strength : Normal
Buy Above : 19820
Stop Loss : 19780
Targets : 19860, 19900 and 19920.
Sell below : 19750.
Stop Loss : 19780.
Targets : 19720 and 19680.
Check the live market updates.
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Note : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
BTC...1..2..3...Price consolidated near the trend line which is marked as 1 and gave the break out.
Intermediate support is numbered as 2 where the price reacted with some volatile move.
And if price break the support where it will take next support?
24800 - 25000 is the next support zone which is marked as 3. Further direction will be decided at this level only.
Before any move price is consolidating testing our patience.
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Education price action analysis - JFTrying to make HH, if it sustains above then it bounce
Close above 520/- should be an entry point
T1 535
T2 570
SL 483
education price action analysis - IEXIf one stock is making weekly HH then
it should test next resistance..
let see how hypothesis played...
Entry 142, SL 128, T1 154, T2 200
Education Price action analysis - NTPCPrice broken out of a channel
afterwards consolidated for ~ 1M
Can it travelled to ATH
Entry > Previous candle i.e. 222
SL 210
Target 240
Education price action analysis - BHELStock is trying to break a long resistance zone...
if it is broken than upper resistance can be tested
Entry above 125
SL 87
Target = as per your risk..
Education price action analysis - IRCTCStock is trying to BO from a long weekly range... generally this gives a spurt in volume and price...
if this hypothesis is correct than
T 770
SL 640
Let's see how this hypothesis unwind..
Cummins India Shifting GearsCummins India: 🚀Revving up for a comeback! 📈 #CUMMINSIND stock is shifting gears and making moves to accelerate its journey upwards. Don't miss out on this exciting ride!
Note: This chart is for educational purpose only
Mighty Nifty - Sep 7Price has recovered very well and we saw a very good movement today. Now price is at trend deciding level.
Pattern : Support/Resistance
Range : Medium
Trend strength : Normal
Buy Above : 19620
Stop Loss : 19580
Targets : 19660, 19690 and 19720.
Sell below : 19550.
Stop Loss : 19580.
Targets : 19520,19480 and 19450.
Check the live market updates.
Hit the like button to Rock !! Show some energy !!
Note : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
Bank Nifty ZonesDo not engage in range trading; instead, wait until the banknifty breaches any levels to the upside or downside before entering a position.
Only For Educational Purpose
Bank nifty Weekly AnalysisThe chart is self-explanatory, Support is broken.
It may move further downward since a strong candle formed with the high volume.
#Nifty Important Levels for Tomorrow#Nifty Important Levels for Tomorrow
#Nifty50 Key Level to Watch 19579
R1 = 19668
R2 = 19724
R3 = 19813
KEY LEVEL 19579
S1 = 19523
S2 = 19434
S3 = 19378
PNB Resistance to suppor44 has stayed as resistance in PNB for more than one year
now that it as broken this level and coming back to retest, need to observe if there is serious buying at this level.
considering strength returning in Banking sector. target of 68 is likely in 6~9 months.
Waiting for blue downward trendline to be broken.
SL below swing low..
