If this 15M candle forms a hammer pattern then there is nice upside move, also the market is sustaining at an important support, use proper risk reward and remember to always trail your profits and cut your loses
Ambuja Cement Cmp 424 dated 22-5-2023
1. Triangle Pattern BO done @ 415
2. Volume Rise
Buy @ Cmp for target 440-460-475 SL 410
It is just a view, please trade at your own risk.
Vinati Organics Cmp 1995 dated 10-5-2023
1. Head & Shoulder Pattern BO @ 2020
2. RSI Reversal
Buy @ Cmp for target 2020-2070-2100-2150-2200
SL 1925
Pattern target will Be 2335 SL 1900
It is just a view, please trade at your own risk.
Finnifty Analysis for Tomorrow:
Trend - BULLISH
Sentiment - Positive
BUY for Target of 19460 / 19520 (Being expiry day, take entry after 1:30 Pm its the best timing for Expiry day trades)
Buyers and Sellers Zones - When price breaks the zone, Buyers zone will become Resistance and Sellers zone will become Support.
Refer the chart for detailed Intraday Support...
Banknifty Analysis for Tomorrow:
Trend - BULLISH
Sentiment - Positive
Buy Levels are 43750 Demand zone & 43866 Pivot levels - Any breakout above 44076 we can expect Targets 1 & 2 will be tested on the higher side.
If any breakout below 43694, then 43550 will be tested down side.
Only look for SELL entry below 43697, otherwise BUY on dip.
Buyers and Sellers...
Nifty Analysis for Tomorrow:
Trend - BULLISH
Sentiment - Positive
Buy Levels are 18276 & 18250 Demand Zone for Targets 1 & 2 upside.
If any breakout below 18250, then 18200 will be tested before the next upmove.
Only look for SELL entry below 18228, otherwise Nifty looks BUY on dip.
Buyers and Sellers Zones - When price breaks the zone, Buyers zone will...
Nifty Trading Levels For Tomorrow’s Trading Session
Resistance 18350-18380
Towards Target of 18460
With SL of 18340
Support 18220-18200
Towards Target of 18100
With SL of 18250
BankNifty Trading Levels For Tomorrow’s Trading Session
Resistance 44150-44200
Towards Target of 44400
With SL of 44100
Support 43550-43500
Towards Target of 43350
With SL 43570
Looks like the stock has break the Resistance level of 4636-4670 and the price has come for retest.
Will create a long position here for target of 4915-4930 with a stop loss at 4610-4600.
Adani Enterprise Cmp 1956 dated 19-5-2023
1. Triangle Formation BO above 2010
2. RSI reversal
Risky Trader buy @ Cmp target 2005-2100-2225
SL 1870
It is just a view, please trade at your own risk.
An IPO breakout candidate stock which is consolidating near ATH. There was recent rejection but no follow through sell off as of now. Unless the stock closes below 565 on daily chart, it will make a new high.
BankNifty Trading Levels For Tomorrow’s Trading Session
Resistance 44150-44200
Towards Target of 44400
With SL of 44100
Support 43550-43500
Towards Target of 43350
With SL 43570
Nifty Trading Levels For Tomorrow’s Trading Session
Resistance 18280-18300
Towards Target of 18380
With SL of 18260
Support 18120-18100
Towards Target of 18050
With SL of 18120
