Banknifty . ( Not for "Amature traders" ) Enter after " Breakout and Retracement ". . . For " long " entry: 44530 / 45120 target: 45030 - 45250 - 45760 stoploss: 44500 / 44980 . . For " Short" entry: 44480 target: 44250, 44030 stoploss: 44580 . Enter only if market Breaks "Yellow box" mentioned. . Wait for proper reversal and conformation. . Don't make...
Script is facing resistance at 115, attempted to break it multiple times. It also has good volume support . Its just a matter of time before it can cross these level which will then become the new support levels for this script. The script also created a cup and handle pattern and successfully breaked the earlier resistance of 105 despite negative sentiments.
IOC is respecting the trendline on daily basis. A close above 94 or 95 can take this to 100 where it will again find resistance at 101.
Showing positive trend on multiple fronts.. ==> Round Bottom ==> Traingle Pattern ==> Head and Shoulders ==> Volumes Would be interesting to watch on WTF !! Use Discretion !!!
Nifty Spot Actionable Idea #Current Price- 19632 #Resistance- 19644 #Support- 19589 #Target 19683 And 19727 we can expect after a break of Resistance #Target 19546 And 19504 we can expect after a break of Support #Execution only after break and close above or below from resistance or support 15-minute candle. #Stop Loss above or below from resistance or...
Dear All, So finally we have observed the impact of witnessing a closing of above 19550 for 2 consecutive days, just as it was stated. As after those 2 days, Nifty has ultimately given us a positive closing of approx 19632.55 yesterday. Altogether, the Market is currently in a very choppy mode. Where we can clearly observe the stock specific...
Hi All, I already posted an idea with 15 minutes. I will give reference below. If we see in 1 hour from 27 Jul this pattern is getting formed and rejected multiple times at upper trendline. If we draw inverse head & shoulder pattern touching with the trendline we can see breakout has happened already today. If this retests target is previous all time...
Banknifty closed near trendline Marked the levels if price breaks the trendline tomorrow. If price breaks the trendline then it can be a potential buy option where the first target would be 200 EMA line. Cheers
Hi All, Hope all are doing great. Last 3 days nifty traded in the rising channel which eventually broke today opening itself. The channel target also achieved. Exactly from there it took support and closed the day near the channel bottom. If we look closely first time gave gap up near channel bottom. Always trade carefully with proper SL because it’s your hard...
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...
Latent View Cmp 375 dated 3-7-2023 1. Triangle Breakout @ 372 (Done) 2. RSI Bo done 3. Price Rise with Volume Rise Buy Above 377 target 390-405-420-440 SL 350 It is just a view, pls trade at your own risk.
Praj Inds Cmp 409.25 dated 10-7-2023 1. Rounding Pattern BO @ 409 Buy above 411 for target 425-435-445-460 SL 385 Pattern target 520 SL 365 It is just a view, please trade at your own risk.
Keep a note of these levels, highly important. In a bull market these are likely be supported. In a bear market, these will act as resistance for next10-20 trading sessions.
My all levels are intect my stoploss is 59000 strong buy on every dips now We can see reverse trand very soon I think Down sides over
Very strong support area tested today, we can see sharp upside maybe from 69931 levels, if this levels also broken, then silver will definitely going down very faster
Dear All, Fortunately, we had witnessed a closing of above 19550 in Nifty, for the 2nd consecutive day, yesterday. So for now, we are still positive on the Market, until the index is trading above 19300. Where 19800 will play a crucial role as a level of Resistance. Furthermore, it is better to be stock specific and to keep following the...
Market is showing weakness at these levels. Will be looking for any down moves. There is a little less liquidity in the madcap so beware while trading your setup. Cheers!