Search in ideas for "SUPPORTANDRESISTANCE"
Mighty Nifty - June 13Price is moving in a wide range for few days. Price has given few trading opportunities for option buyers today.
Pattern : Support/Resistance.
Range : Medium.
Trend strength : Normal.
Buy Above : 23320.
Stop Loss : 23280.
Targets : 23360, 23400, 23440 and 23480.
Sell below : 23220.
Stop Loss : 23260.
Targets : 23180, 23140, 23100 and 23060.
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Note : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
You are responsible for whatever you do.
Bank Nifty - June 12Price moved in a narrow range for more than two days. For option buyers it gave few opportunities to scalp. Will it give more chances tomorrow?
Pattern : Consolidation.
Range : Medium.
Trend strength : Normal.
Buy Above : 49600.
Stop Loss : 49520.
Targets : 49680, 49760, 49840, 49920 and 50060.
Sell below : 49420.
Stop Loss : 49480.
Targets : 49360 ,49280,49200, 49060 and 48940.
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Note : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
You are responsible for whatever you do.
Rectangular Pattern Breakout - ASHIANAPlease look into the chart for a detailed understanding.
Consider these for short-term & swing trades with 2% profit.
For BTST trades consider booking
target for 1%-2%
For long-term trades look out for resistance drawn above closing.
Please consider these ideas for educational purpose
Please note that, if there are some big targets, those are drawn thinking for long term.
Resistance Breakout - ASALPlease look into the chart for a detailed understanding.
Consider these for short-term & swing trades with 2% profit.
For BTST trades consider booking
target for 1%-2%
For long-term trades look out for resistance drawn above closing.
Please consider these ideas for educational purpose
Please note that, if there are some big targets, those are drawn thinking for long term.
Round bottom Pattern BreakoutPlease look into the chart for a detailed understanding.
Consider these for short-term & swing trades with 2% profit.
For BTST trades consider booking
target for 1%-2%
For long-term trades look out for resistance drawn above closing.
Please consider these ideas for educational purpose
Please note that, if there are some big targets, those are drawn thinking for long term.
Mighty Nifty - June 11Price was unable to break 23400 and moved in a wide range today.
Pattern : Support/Resistance.
Range : Medium.
Trend strength : Normal.
Buy Above : 23420.
Stop Loss : 23380.
Targets : 23460, 23500, 23540 and 23580.
Sell below : 23250.
Stop Loss : 23300.
Targets : 23210, 23160 and 23110.
Check the live market updates.
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Note : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
You are responsible for whatever you do.
Bank Nifty - June 10We had a narrow range movement for the past two days, especially on Friday afternoon session, price moved in a line formation.
Pattern : Consolidation.
Range : Medium.
Trend strength : Normal.
Buy Above : 49800.
Stop Loss : 49720.
Targets : 49880, 49960, 50040, 50160 and 50280.
Sell below : 49600.
Stop Loss : 49680.
Targets : 49540 ,49460,49340, 49260 and 49120.
Check the live market updates.
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Note : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
You are responsible for whatever you do.
BANKNIFTY LOOKING STRONGindex looking good and hold higher on monday if index open flat then break 50000 round level it will boom condition is index opening should be near 49800 900 because banknifty has a space in upside upto 51000 nifty at resistance
NOTE: only for educational purpose
RULE: 1: always trade with stoploss
2: decide your risk per trade and per day
3: believe to your analysis
4: stay positive and keep patience
technical analysis + money management+ physicalogy = successful trader
pls like and share
NIFTY AT RESISTANCEindex has given good upmove in previous 2 session now on the resistance if index made a m pattern with lower high it good for short side i think index need a retracement or sideway then break resistance
NOTE : all trade discuss on 5min chart
NOTE: only for educational purpose
RULE: 1: always trade with stoploss
2: decide your risk per trade and per day
3: believe to your analysis
4: stay positive and keep patience
technical analysis + money management+ physicalogy = successful trader
pls like and share
NFL LOOKING STRONGstock made a beautiful price action create higher low taken rejection on 104.50 got 3time rejection if break resistance it will go up
NOTE: only for educational purpose
RULE: 1: always trade with stoploss
2: decide your risk per trade and per day
3: believe to your analysis
4: stay positive and keep patience
technical analysis + money management+ physicalogy = successful trader
pls like and share
SENSEXyesterday index trading in a range made strong support on 74500 resistance is 75320 I am bullish on index with condition if index open near 75000 take a rejection on 75320 and make a higher low then break 75320 will upside this is high probability trade
2nd condition if index open near by 75300 take a rejection on 75320 and make a m pattern with lower high creation then break neckline will go short side target is 74500 sl is 75330
3rd condition if index open near 74500 /600 create lower high take support on 74500 level then break 74500 will go short side
NOTE : all trade discuss on 5min chart
NOTE: only for educational purpose
RULE: 1: always trade with stoploss
2: decide your risk per trade and per day
3: believe to your analysis
4: stay positive and keep patience
technical analysis + money management+ physicalogy = successful trader
pls like and share
Mighty Nifty - June 6Price struggled to get strength in the morning and was moving in range. Gradually gained trend strength and went up.
Pattern : Support/Resistance.
Range : Medium.
Trend strength : Normal.
Buy Above : 22600.
Stop Loss : 22540.
Targets : 22660, 22720, 22800 and 22880.
Sell below : 22480.
Stop Loss : 22540.
Targets : 22420, 22360 and 22280.
Check the live market updates.
Hit the like button to Rock !! Show some energy !!
Note : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
You are responsible for whatever you do.
Alltime high as support... Page industries has shown double bottom at earlier all time high.
This makes it a good candidate for giving 50% return in next 1-2 yrs
TATAMOTORS ON SUPPORTstock made a high 1065 and then stock goes consolidation zone create lower high made support on 900 -920 currently on support below 900 will see a selling pressure on stock
NOTE: only for educational purpose
RULE: 1: always trade with stoploss
2: decide your risk per trade and per day
3: believe to your analysis
4: stay positive and keep patience
technical analysis + money management+ physicalogy = successful trader
pls like and share
DLF BEARISH PATTERNstock made bearish pattern on daily chart making lower high many time bounce on 800 level once stock trading below 800 level will see a sharp fall
NOTE: only for educational purpose
RULE: 1: always trade with stoploss
2: decide your risk per trade and per day
3: believe to your analysis
4: stay positive and keep patience
technical analysis + money management+ physicalogy = successful trader
pls like and share
NIFTY PRICE ACTION PREVIOUS DATAsee how price action working 22900 level is act as strong support many time index bonce on support create lower high and breakdown once candle close below support then next day index is open gap down and sustain give sharp down fall
NOTE: only for educational purpose
RULE: 1: always trade with stoploss
2: decide your risk per trade and per day
3: believe to your analysis
4: stay positive and keep patience
technical analysis + money management+ physicalogy = successful trader
pls like and share
Bank Nifty - May 29Check the video for detailed analysis. Levels are below.
Pattern : Support/Resistance.
Range : Medium.
Trend strength : Normal.
Buy Above : 49060.
Stop Loss : 48980.
Targets : 49120, 49200, 49280 and 49360.
Sell below : 48860.
Stop Loss : 48940.
Targets : 48800 ,48720, 48640 and 48560.
Check the live market updates.
Hit the like button to Rock !! Show some energy !!
Note : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
You are responsible for whatever you do.
FinniftyWe had a very good movement today. Trend deciding level/zone is 21900 and price is taking support from it.
Buy above 22020 with the stop loss of 21980 for the targets 22060, 22100, 22160 and 22200.
Sell below 21880 with the stop loss of 21920 for the targets 21840, 21800, 21760 and 21720.
Check the live market updates.
Hit the like button to Rock !! Show some energy !!
Note : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
You are responsible for whatever you do.
Mighty Nifty - May 27Price was facing resistance at 23000 and unable to sustain above it and consolidated in a narrow range on friday.
Pattern : Support/Resistance.
Range : Medium.
Trend strength : Normal.
Buy Above : 23020.
Stop Loss : 22980.
Targets : 23060, 23100, 23140 and 23180.
Sell below : 22920.
Stop Loss : 22960.
Targets : 22880, 22840 and 22800.
Check the live market updates.
Hit the like button to Rock !! Show some energy !!
Note : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
You are responsible for whatever you do.
Finolex Cables are on fire !!!!Finolex cables has given solid breakout from the resistance zone with great volume. The stock may hit the price target of 1582 . Take positional trade with SL of 1162.
FinniftyPrice was volatile and range bound for the past few days. 21500 zone will decide the trend direction.
Buy above 21540 with the stop loss of 21500 for the targets 21580, 21620, 21660 and 21720.
Sell below 21420 with the stop loss of 21460 for the targets 21380, 21340, 21300 and 21280.
Check the live market updates.
Hit the like button to Rock !! Show some energy !!
Note : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
You are responsible for whatever you do.
Mighty Nifty - May 20Very narrow range movement on friday and saturday. Hope the range will give a break out on monday. Trend deciding level is 22500.
Pattern : Support/resistance.
Range : Medium.
Trend strength : Normal.
Buy Above : 22520.
Stop Loss : 22480.
Targets : 22560, 22600, 22640 and 22680.
Sell below : 22400.
Stop Loss : 22440.
Targets : 22360, 22320 and 22280.
Check the live market updates.
Hit the like button to Rock !! Show some energy !!
Note : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
You are responsible for whatever you do.
