Banknifty 20th April 2022 - Intraday Trade AnalysisAccording to previous it was decided to sell whenever it makes negative candle near 37000. And this happened today.
Banknifty
Flat opening - Will wait for retracement before selling again. No immediate trade due to 1000 points move in the last hour.
Gap up - Will wait for shooting star or 5 min red candle and then sell again but for smaller target.
Gap down - Will look for buying price action near 36000. Because it has become support now.
So, 36000 = Support and 36500 = Resistance1 and 37000 = Resistance2
Thanks
Short!!!!
IFCI -- SHORT TERM - 10-20% IFCI -- HOURLY CHART. -- Look 10-20% profit potential 10-15 DAYS time frame.
>> stock has trendline support at 12.25 level as well as double bottom formation also seen exactly at this line higher channel this both indication bullish from current cmp 12.30
>> stock has potential profit 10.20% from current cmp 12.30
BUY IFCI @ 12.30
TARGET 13- 13.50- 13.75 +
stop loss 10.75
** this idea is for educational purpose ** trade at own risk
** HAPPY TRADING . !
BTCUSD CUP&HANDLE PATTER !Cup&handle pattern formation on BTC on a 30min timeframe ! Target should be around 39180$ !
🚫Disclaimer:
🔹I'm not an financial analyst! I'm sharing this with public! It just learning purpose only! If u find anything wrong with this post ! U can tell me ⬇️ comments!
🔹incase of BTC crash ! This chart is invalid !
Thank you!!!
😊😊😊
Titan looking good for an intraday tradetitan has formed spinning tops near the rising trendline with high volumes indicating strong indecision.
It breaks down below the rising trendline, it may try to touch the lower level marked on the chart.
if it breaks out of the previous swing high, good for a buy trade but one needs to wait for confirmation of breakout as the stock is in a correction on the daily timeframe
Nifty short Short Nifty between 17700-17710 with SL above 1735
Target 1 =17600
Target 2 = 17550
Note : Trading in any financial market is very risky. I post ideas for educational purpose only. It is not financial advice. Do not hold us responsible for any potential loss you may incur. Please consult your financial adviser before trading.
confusing GMTwe can see a nice beautiful bullish flag on chart
which indicates a nice bullish sign but at a same time it is forming a descending triangle
we have to wait and see in which direction the market if it breakout down than we can see a down rally till support red line
if it breakout upwards the price can even hits it all time high
sell ADANI WILLMAR LIMITED.According to the daily chart there is a clear formation of Bearish Engulfing Pattern , which is further confirmed by RSI levels , and also Stochastic RSI with proper demarcation of overbought scenario in Adani Wilmar Ltd.
All the investors who chased the stock all the way to top , must be aware of the bear trap that had been laid . Sincere advice to all investors or traders having AWL , must consider putting sl in system and trail .
TATA POWER -- Bullish W Pattern TATA POWER DAILY CHART BULLISH W PATTERN
1. Stock trendline support at 200 level
2. Double bottom Formation seen at 200 level
3. Formation of Bullish w pattern on daily chart
4. Resistance breakout seen last daily closing candle
5. short term target 260+
BUY TATA POWER @ 241.35
TARGET 260+ short term ( 1 Month )
stop loss 220
** THIS IDEA IS FOR EDUCATIONAL PURPOSE ..Trade at own risk !
HAPPY TRADING . !!
shorting hdfcbank overbrought at its peakhdfcbank short trade : short idle 1-2 % retracement
plan according to your risk management
as shorting a bullish stock risky so take measure's
my target 1666 -1670 level exit as soon as possible rsi currently at 97 ill see if i can hold till 80 atleast assuming can give required target
breathe after three days rallyNifty has been continuously moving upside with gap up positions from the last three days, it may be considered as a spike. Zone 17500 to 17000 is seen to be good fight between bulls and bears with bear sell at top range and bull buying at the bottom range. Sentiments still negative with neutral point of view.
GOLD AnalysisSetup Contents:
1. Buy Side Liquidity Purged
2. Bearish OrderFlow
3. Internal & Major Structural Break
4. Return To OrderBlock (Expecting)
We'll be looking for GOLD to come back to
the OrderBlock area and give us enough confirmation and LTF Setup for Entry.
FOLLOW PAFX & TRADE LIKE BANKS 💸