Utilizing the support and resistance levels of BankNifty, along with the 5-minute timeframe candlesticks and VWAP, can enhance the precision of trade entries and exits on or near these levels. It is crucial to recognize that these levels are not static, and they undergo alterations as market dynamics evolve. The dashed lines on the chart indicate the reaction...
NSE: TEJASNET is closing with a bullish consolidation candle supported with volumes. Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days. The stock has been moving along the horizontal support for the past few days which is indicating demand. One can look for a 8% to 12% gain on...
Stock has tested a major resistance and bouncing back from that level... lets see how it will react... Entry immediately. SL 5150 Target to immediate resistance i.e. 5600 T2 - 5800
If a strong stock due to some reason falls and take support at Monthly 20 and spend some time there then generally give strong bounce So if stock spend time there entry > 4040 SL 3600 T1 4500
Stock is going to cross nearest resistance level Entry > 6543 SL 5806 Target ATH Adx is strong RSI above 50
CENTURYPLY - broken out from consolidation, stock in a strong up trend, after an orderly pullback (consolidation ) again broke out with volume giving short-term swing trading opportunity. the base low will be stop loss (755). DISCLAIMER: All ideas, opinions, and/or forecasts, expressed or implied herein, are for informational (educational) purposes only and...
HCC Resistance breakout with high Volume... Huge Volume 150 Million..
Utilizing the support and resistance levels of BankNifty, along with the 5-minute timeframe candlesticks and VWAP, can enhance the precision of trade entries and exits on or near these levels. It is crucial to recognize that these levels are not static, and they undergo alterations as market dynamics evolve. The dashed lines on the chart indicate the reaction...
Nifty support and resistance levels are valuable tools for making informed trading decisions, specifically when combined with the analysis of 5-minute timeframe candlesticks and VWAP. By closely monitoring these levels and observing the price movements within this timeframe, traders can enhance the accuracy of their entry and exit points. It is important to bear...
NSE: HOMEFIRST is closing with a bullish consolidation candle supported with volumes. Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days. The stock has been moving along the horizontal support for the past few days which is indicating demand. One can look for a 10% to 15% gain on...
Stock has given the BO of the 1800 level in first week of 2024 and made W pattern. Stock has retested this 1800 level last week which is a good sign. This 1800 level is a strong resistance from last 3 years, since 2021 and now acting as a support. This makes a good swing trade opportunity. TGT : 1950, 2100, 2250 SL : 1650 This analysis is just for educational...
Nifty 50 has been opening with a down gap from two consecutive sessions and today it opened in between Immediate support zone of 21456 - 21349. Shorts might get covered here.. and we see some bounce from here.
# Dexon technology small range break in chart time spend break out fast move stocks
On 1h TF TIA is pulling back to support zone around $17.2 This level is supported by Ascending Trend Line and Previous High Wait for rejection around this level
On day chart ELGD has created imbalance around $65. Besides, ELGD's in consolidation phase $48 - 60 The previous signal when ELGD closed below $55 that is signal for reversing if price can't close above $73 So I think ELGD pullback to higher then drop to Golden Ratio at $40 Wait for next move
Education Purpose Only Fundamentally Strong Stock... Good Revenue, Net Profit, etc Huge Share Holding by FII - Foreign Institutional Investor
Education purpose Only.. Strong Breakout with Good volume.. Above 20 Ema..
Balkrishna Inds Cmp 2480 dated 21-12-2023 1. Bullish Piercing Candle @ support (Reversal) 2. RSI reversal Buy above 2486 target 2540-2575-2590-2620-2650 SL 2425 It is just a view, please trade at your own risk.