Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (9.72).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. HNTUSDT is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a...
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (42.48).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. SOLUSDT is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a...
Swing bata India after the BO of TL near the support level above 1825. All important levels are given on the charts. Stock is forming a bullish W pattern.RSI is also ready to cross 60 levels again the bullish signal. So this is the high probability trade setup. This is for your educational purpose only.
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (5.2594).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. APEUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic...
Long SBI above 475 SL 455 Target 495-500. Today bullish candle with BO has been seen on the daily chart. RSI Above 60 again the strong showing in the stock. Swing trade opportunity. This is for your educational purpose only.
After continuous falling today on the hourly chart we have seen a bullish Engulfing candle at the support level. This indicates a high probability that stock can turn up from the current level. long entry can be taken @ 3012 for the next 100-150 points. SL can be placed below the support level. This is for your educational purpose only.
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (21.85).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. AVAXUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic...
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (1.1658).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. GBPCHF is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic...
Long Voltas above 990 for the huge target of 1050-1075 with the SL of 955-50.High probability trade setup.
1) Stock at a very high support level. Most of the time stock turns up from the same level.
2) RSI Indicator above 60 levels with positive divergences.
3) Crossing the 200 EMA along with the 50 EMA moving average.
4) Entry point only after the BO of Trend...
Long Ambuja Cement above 370 after the BO of daily as well as weekly TL. T1 390-T2-415 with SL of 355. Good risk to reward swing trade.RSI also crossing above 60 again is a good sign. This is for your educational purpose only.
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (1263.32).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. ETHUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a...
This is the first time I am posting my view on Banknifty in Tradingview site.
I have marked the zones in 1hr TF and the lines in shorter TF. Hope this gives you a view of the trend.
P.S. - If I have left out anything kindly comment!
Cheers!!
Midterm forecast:
While the price is above the support 1.52450, beginning of uptrend is expected.
We make sure when the resistance at 1.60016 breaks.
If the support at 1.52450 is broken, the short-term forecast -beginning of uptrend- will be invalid.
Technical analysis:
A peak is formed in daily chart at 1.60020 on 06/17/2022, so more losses to support(s)...
Long intrady trade for bankk nifty @ 34595 Target 34650-34700 SL 34520. Expected to take support & bounce back from the level. Keep trail SL.All the best.
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (1.3090).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. EURCAD is in a range bound, and the beginning of an uptrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic...
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (1.1683).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. GBPCHF is in a range bound, and the beginning of an uptrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic...
Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.658). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. 1INCH/USDT is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic...
![BANKNIFTY: BANKNIFTY & NIFTY SUPPORT AND RESISTANCE FOR [12-07-2022]](https://s3.tradingview.com/e/eDiS0QCd_mid.png "BANKNIFTY & NIFTY SUPPORT AND RESISTANCE FOR [12-07-2022]")
