ZENSARTECHgiving breakout
target 1 - 350
target 2 -400
resistance broken
resistance 1 -308
resistance 2 -324
daily time frame chart
great fundamentals
technical are bullish
giving good sigh of profitability
Search in ideas for "SUPPORTANDRESISTANCE"
LONG EMUDHRA BTSTPlease look into the chart for a detailed understanding.
Consider these for short-term & swing trades with 2% profit.
For BTST trades consider booking
target for 1% - 2%
For long-term trades look out for resistance drawn above closing.
Please consider these ideas for educational purpose
Bank Nifty - Weekly Review May 22 - 26Price is still unable to cross all time high. Bullish if the price sustains above 44200. Buy above 44200 with the stop loss of 44080 for the targets 44320, 44460, 44600 and 44780. Sell below 43750 with the stop loss of 43860 for the targets 43650, 43520, 43400, 43280, 43020 and 42820. This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
Bank Nifty - May 19Buy above 43860 with the stop loss of 43780 for the targets 43940, 44020, 44100 and 44180. Sell below 43680 with the stop loss of 43760 for the targets 43600, 43520, 43440 and 43320. This is my pre market analysis and my trading journal.
BREAKOUT TRADE IN SUNTV?Buy above 445 after retest and rebound. It has made higher low and then a higher high. Now it has given a breakout at 445 which was a major resistance.
RSI
RSi is above 50 and has crossed the RSI MA as well.
VOLUME
The volumes are high and support the breakout possibility.
MTAR Technologies - Long Daily ChartsTrying to Breakout above 1820.
Gapfill at 1900
Target 2 - 1971
Daily Charts
Holding 3-4 Sessions
Bank Nifty - Expiry day May 18Buy above 43740 with the stop loss of 43680 for the targets 43800, 43880, 43940 and 44060. Sell below 43580 with the stop loss of 43640 for the targets 43520, 43440, 43360 and 43240. This is my pre market analysis and my trading journal. Not a suggestion to buy or sell. Expected expiry day range is 43300 to 44100.
Mighty Nifty - May 17Buy above 18280 with the stop loss of 18240 for the targets 18320, 18360 and 18400. Sell below 18200 with the stop loss of 18240 for the targets 18160, 18120 and 18080. This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
Infy bullishInfosys is in channel and there is indecisive candle today created
If closes above 1300 then next target 1365
Bank Nifty - May 15Buy above 44040 with the stop loss of 43940 for the targets 44140, 44220 and 44360. Sell below 43820 with the stop loss of 43920 for the targets 43740, 43660, 43580 and 43500. This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
NIFTY 50 BROKE THE RESISTANCE - 18264
doing retest
bullish
target 1 18478
target 2 18700
ready for upside
Asianpaints : Horizontal resistance breakoutAsianpaints : Horizontal resistance breakout
Buy above 2987
Targets: 3023/3041
SL: 2970
Disclaimer: Im not SEBI registered, Contact financial advisor before any investment.
Panic Shakeout before Breaking All time highSmart money which can move prices at will are seen using this panic shakeout tactic to get rid of weak hands.
There are many stocks which are showing this pattern.
Following are few points that I have observed in this strategy are:
1. Stock price is near all time high level.
2. There is result or news coming at the same time.
3. Dramatic drop of price is seen till near 50ema.
4. In small and steady move stock start moving up and makes a new lifetime high with big candle or a gap.
So unless you have deep conviction on the company it will become difficult to hold through shock.
I am posting few charts here
In case you find such chart do add them in comments.
Bank Nifty - May 10Buy above 43260 with the stop loss of 43180 for the targets 43320, 43400 and 43480. Sell below 43080 with the stop loss of 43160 for the targets 43000, 42920, 42840 and 42760. This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
Mighty Nifty - May 9Buy above 18260 with the stop loss of 18220 for the targets 18300, 18340 and 18360. Sell below 18160 with the stop loss of 18200 for the targets 18120, 18080 and 18040. This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
Bank Nifty - May 9Buy above 43360 with the stop loss of 43280 for the targets 43440, 43520, 43600 and 43720. Sell below 43200 with the stop loss of 43280 for the targets 43120, 43060, 42980 and 42860. This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
Mighty Nifty - May 8Price have to test the support zone 18000 - 18040. Buy above 18040 with the stop loss of 18000 for the targets 18080, 18120 and 18140. Sell below 17960 with the stop loss of 18000 for the targets 17920, 17880 and 17840. This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
Bank Nifty - May 8Buy above 42540 with the stop loss of 42440 for the targets 42620, 42800, 42880 and 42960. Sell below 42350 with the stop loss of 42450 for the targets 42260, 42180, 42080 and 41960. This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
Uflex Long - Weekly ChartsStock has Taken Support around 350 Levels.
Clear Upmove till 510-512.
Second Target 555
Sl 375
Weekly Closing Basis
ITCStill has some fuel to move up as long as price stays above 418. Buy above 424 with the stop loss of 418 for the targets 430, 438 and 446. This is not a recommendation to buy/sell. Do your own analysis.
Britannia near strong support zoneArea around 4288 is a strong support zone
On 4 hourly chart it indicates breakout and currently at retest
First target is 4277
Later higher targets can be set depending on candle
stoploss is 4228.7
Nifty strategy for 2nd MAYFor Educational purpose only,
On Friday, the market was bullish & have given a breakout of 18000 level (major resistance). After that the market has made a big green candle showing the bullish momentum. Tomorrow between the levels of 18070 & 17980, market will be sideways to buy on dip AND between the levels of 17980 & 17888 there will be no trading zone, shorting can only be done after the breakdown of 17888 level.
Market opening near 18550;
1. If dow futures are -ve & falling and there is higher call writing in the zones of 18050 & 18000 then the levels of 17980 & 17888 can be tested.
2. If dow futures are +ve & rising and there is higher put writng in the zones of 18100 & 18150 then the levels of 18120 & 18161 can be tested.
Breakout of 18070 level;
If dow futures are +ve & rising and there is higher put writng in the zones of 18100 & 18200 then the levels of 18161 & 18253 can be tested.
Breakdown of 17888 level;
If dow futures are -ve & falling and there is higher call writing in the zones of 17850 & 17800 then the levels of 17840 & 17800 can be tested.
