Finolex Pipes Cmp 247 dated 1-9-2023 (2.12 pm)
Weekly Chart (Positional Trade)
1. Rounding Pattern BO 245
2. RSI already done BO
3. Price Rise with Volume Rise
Buy @ Cmp for tgt 275-300-315-330-350-365
SL 220
It is just a view, please trade at your own risk.
Nifty has been trading below the 20 ema and is taking support from 19250 levels.
Market has lost around 200 points from this week high and is trading around the previous swing low.
If the market gives a gap up opening then there can be a halt candle and on the bearish side there will be another sell off.
On the hourly charts, the market came for selling and...
Banknifty retested the 20 ema and again came for selling. During the opening hour market was volatile and formed a doji.
After the retest market came for selling and touched 44000 levels and recovered. The market has closed 240 points lower.
On the hourly charts, it traded below the moving averages and closed below it.
It has taken a good support around 44000...
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...
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...
jindal drilling has been in consolidation of a very long cup and handle pattern also the resistance has been tested 4 times which make it easy to penetrate furthermore the stock can rally easily till the 666 levels in no time to complete the pattern . compiling it all leads to 666 as immediate target 1299 on longer ranger frame
Nifty had completed H&S pattern
20 Dema crossing below 50 Dema confirming sell signal.
0.236 Fibonacci support contracts with shoulder line and support resistance line
Conclusion
If nifty break below support and shoulder line I.e 19180 then 0.386 fibonacci levels can be achived.
Sell below 19180 for 18700 trgt.
Bharat bijalee
Technical analysis
Weakly and monthly stock purely breakout 15 years resistance
Chart pattern show big move on this stock
15 years resistance 4050 today breakout with Valume.
15year resistance now it be support for the stock
We miss header and shoulder pattern breakout at level of 2280.
Now stock give once again 15 years resistance breakout to...
Again nifty after a gap up opening couldn't sustain above the 20 ema and in the second half of the trading session came for selling, closing flat.
On the hourly time frame, market took support from 200 ema and showed some positivity but couldn't sustain and came for selling closing below both the moving averages.
Market has reversed after testing the 61.8% fib...
Stock has tested 124 multiple times, I see possible breakout without retracement. One can enter now at cmp or enter at 1D breakout candle... FOR TARGET 185 i.e 93%
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...
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 Demand and supply zones are Price levels on the Chart where the Buying and selling Pressures are Expected to be Strong and it is the top Nifty Trading Indicator for Nifty Intraday Trading
Support Zones for Nifty are as Given Below
S1- 19260
S2- 19180
S3 -19050
Resistance Zones for Nifty are as Given Below
R1- 19370
R2 -19440
R3 -19515
Nifty Trend Signal...
NSE: JUBLFOOD 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 11% gain on...
Look this charts it's saying I m ready to blast
I m only attract when r:r is very good
My stoploss for one to three years investment only@240😇
My target is very big
