Intermediate support at 40800. Heads up: ascending channel (bearish) on smaller timeframe.
Nifty is now in overbought zone and needs some correction for i.e. upto level of 23.6% or 38.2% Fib Retracement if open gap up Short Nifty @17590-17645 SL 17673 Target 17470-17430-17340 CMP @17557 April 05, 2023 Chart by CA Savita Rehlan
Buy Zone, Target are already marked on the charts. For knowing detail about the trade setup, please refer to my IndusInd bank Idea. This chart is for educational purpose only and have no direct and indirect indication to trade on this script.
Tataconsumer breking out double bottom 200ema 750 big resistance educational idea only
NSE:BANKNIFTY These Green and red colour boxes are buying and selling zones. Price may take reversal from either of these zones. If price opens flat it can take support from green zones and if it break either of these zones price can continue in same direction.
Support and resistance levels are price levels on Chart where the buying and selling pressures are expected to be strong and it is top Nifty trading indicator
Dear All, After the beautiful Morning Star formation on the weekly chart, we had seen a gap up opening in Nifty on Monday . While we are back again after spending a holiday, we are now expecting a sideways to positive Market momentum with the stop loss of 17300 on a closing basis, for the 2 remaining trading days, as we have 1 more holiday coming up...
risk: Reward ratio is 1: 2 Rest as per Charts ******** Note - One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells “where” to act in “what direction. Unless it triggers, like, let’s say the candle doesn’t break the level which says “Buy/Sell if it breaks”, You should not buy/sell at...
Short in crude oil. Rejection taking from same level. If Crude oil took support from 6470 to 6434, then enter in long position not big target. If below 6434 than in bearish mode. Enjoy the trade
Adobe is trading near the resistance zone, breakout should take it to 440 and a reversal should take it down to 350.
Banknifty - BULLISH with Positive Sentiment on Upside move. BUY levels are 40736 / 40839 above for Target 41100. 41100 Supply zone is a Strong Resistance level. SELL below 40636 for lower Targets. Demand and Supply Zones - When price breaks the zones, Demand zone will become Resistance and Resistance zone will become Support. Refer the chart for detailed...
Nifty - BULLISH with Positive Sentiment on Upside move. BUY levels are 17380 / 17428 above for Targets 17500 & 17530. SELL below 17335 for lower Targets. Demand and Supply Zones - When price breaks the zones, Demand zone will become Resistance and Resistance zone will become Support. Refer the chart for detailed Intraday Support and Resistance levels. Happy Trading!!
if open gap up Buy only when Nifty crosses hurdle 17430-17485 if not cross Short Nifty @17472 SL 17530 Target 17400-17360-17336 or in case if open gap down Nifty crucial support at 17200 Buy Nifty @ 17336 SL 17300 Target 17570-17670 CMP @17398 April 03, 2023 Chart by CA Savita Rehlan
ICICIBANK H&S breakout trading above 20ema target can be 925 keep SL as ur risk educational idea
Supoort Zone For Banknifty Trading 40660 - 40690 40350 - 40390 40070- 40120 Resistance Zone For Banknifty Trading 40920 - 40950 41170 - 41200 41450 - 41480 Importent Signal for Banknifty Trading from Option Chain Data Analysis Max Pain As per Option Chain Analysis (Banknifty Expiry Targets ) – 40800 PCR ratio as per Option Chain Analysis – 1.06 (...
Finnifty Low Capital Trading Strategy for future and Option Finnifty Next Support Zones for Long Trade First Support Zone For Finnifty - 18057 - 18075 Second Support Zone For Finnifty – 17955 - 17970 Third Support Zone For Finnifty – 17865 - 17876 Finnifty...
Dear All, Finally on the last trading day, we had witnessed a beautiful breakout in Nifty. Wherein the most beautiful part was that it consisted of the 2 important levels of 17180 as well as 17300. As these were the 2 levels that had played a very crucial role as a level of support for the Market in the previous timeframe. As of now, we can observe a...
As we can see BANKNIFTY rallied over 1000++ points from the demand zone as analysed from 38700-38800 levels and trading at important levels headinh towards psychological level of 40800-41000 levels which is its next supply zone which might act as a RESISTANCE hence we can see BANKNIFTY rally for more of 400-500++ points in coming trading sessions before this...