Learning topic : Learn from your loss Be flexible in market movement do not attach to one setup only, Always take seriously your stoploss do not ignore your loss target. If your back testing movement is accurate for 70% then also real market movement can wipe your 30% and you can have a big loss which will make your funds to 00. When such situation comes where...
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
NSE:GRANULES Stocks to keep on the radar for this week 1. Granules 2. Apollo tyers 3. Pvr 4. Indus tower 5. Bata india 6. Indigo All stocks have a bearish bias and the analysis is explained in the video This is only for educational purposes only. Always trade with stop-loss. I hope you found this idea helpful. Please like and comment. Share with Your...
If you're looking for a potential short trade setup in Nifty, using price action analysis could be a useful approach. By analyzing the price movement on the charts, you can identify key levels and patterns that may indicate a potential trend reversal or pullback. One possible short trade setup could be to wait for a bearish candlestick pattern to form at a key...
nifty bank nifty trade plan for tomorrow thursday 23 rd march 2023 Nifty Supply 17263 trend will change above that wait for price to cross the value of 17263 Support -17083 if fails Support -17000 nifty current price -17142 Bank nifty Strong's compare to nifty 50 Support 39800 Supply 40600 Supply 40800 Bank nifty cmp 400093 Future will be...
Multiple supports at 16800, however tremendous selling momentum to the downside could carry it just below to 16750 16800 is the 2 ATR level as well (which is rarely broken even in the sharpest of falls) - looking back 3 years Cover shorts at 16800 - then wait for the next move. If nifty heatmap shows sustained green / buying across stocks then sell a put...
Buy level is above 40320. Sell level is below 40180. Watch the video for details :D
Buy level is 41200. Sell level is 41080. Watch the video for details.
I am not a SEBI registered adviser. All the information provided by me are for educational/informational purposes only. COLPAL has 3 confirmations. 1. Bullish Divergence 2. Support taken 3. Market is bullish Hope this helps you take your decision.
Buying the Bajaj share around the support with SL will be a good trade because the R:R will be in our favor. In the video I have discussed my take on the share. Please do share your comments. Disclosure : I am not SEBI registered.The information provided here is for education purposes only.I will not be responsible for any of your profit/loss with this channel...
Nifty gave a breakout yesterday, but the US market closed negative. So it is clear Nifty will try to show strength. It has taken support from the last line confirming the strength. We can taken positive till 18250 -18260 with a small stop loss. I am not a SEBI registered adviser. All the information provided by me are for educational/informational purposes only.
Market analysis in advance of the budget Hello every one, here is the market study. How is the market performing in terms of pre-budget volatility? India VIX is rising, NSE:INFY NSE:HCLTECH IT stock results will be available today and in the following days, As well as a market overview of the current market structure. Watch till the end Best good luck...
Five reasons, why you should short BankNifty ? 1. Break of long term trend line (Black color) on 10th Jan 2. It failed to show any strength today and didn't cross the short term trend line acting as resistance (purple), forget about the maroon line resistance 3. Last three candles have lower lows and lower high formation 4. It failed to cross 50 days EMA and...
Nifty is forming a falling wedge pattern, there is a high likelihood Nifty may trade within this channel. During this channel, it may take support and resistance of 17800 and 1800 in between. In hourly chart, Nifty is trading below 50 EMA and 100 EMA which further confirms bearish pattern. How to trade this setup ? 1. Sell call option and choose strike basis your...
Global market are showing rejection on the chart. The same I have highlighted in the video. With todays rejection move the market is expected to hit the support levels.
NSE:CNXAUTO - Overview on all timeframes - MTF, WTF, DTF DTF its trading within ascending triangle. Expect price to consolidate WTF its taking long term support and might make double bottom as long s 12675 is held on weekly closing basis. Also showing signs of flag pattern formation but that will be only confirmed if 12675 is held. If thats broken, bullish...
Buy above 43460, stop 43400, targets 43520, 43600 and 43720. Sell below 43380, stop 43420, targets 43320, 43260 and 43180.
Clean Science Cmp 1524 dated 18-11-2022 BOTTOM CATCH Trading & Investment 1. Reversal from near the Support Line 2. 25 % correction done from recent high, price reversal sign. 3. Volume Rise 4. RSI BO & GOOD RRR Buy @ CMP for target 1560-1625-1695-1740-1790 SL 1475 Fundamental Points : 1. Debt Free Company. 2. Promoters,...