Nifty In my yesterday's post I had highlighted the importance of 14460 acting as crucial resistance zone.... Nifty made a high at 14449.05 so far and reversed to give away all the gains.... Technical Analysis is all about identifying levels before hand. Waiting patiently and executing your plans when you see those levels come where risk::reward ratio is...
Biocon - 1st Trade Target Achieved ... Second Trade Open
NSE:JSWENERGY JSWENERGY Successfully clear the supply are of 78-98 on weekly chart and looks strong enough for short term trade. Let’s see what happened on the chart. On the week of 28th September 2015 we have seen breakout to level of 78 but efforts to breakout to 98 are strongly failed as due to the good supply prices rejected for 97 and candle of that week...
FX:NZDUSD This Is Likely to Happen. Observations- 1)Trend Continuation Pattern (Bearish Flag) 2)Harmonic Impulses. 3)Feb-Ret 0.5 Resistance being followed in previous impulse. 4)Confluence With Old Structure. 5) Strong Resistance Provided by Old Structure.
ALL PVT BANK LOOKS WEEK. NOW ICICIBANK TRADING NEAR SUPPORT AREA AROUND 560 TO 570 LEVELS. IF BREAK 555 LEVELS AND CLOSE COUPLE OF DAYS IT WILL FALL UP TO 500 LEVEL. SELL WITH PROPER HEDGING THANK YOU
BANK NIFTY SPOT TRADING NEAR SUPPORT AREA ITS BREAK COMING WEEK BELOW 32000 AND CLOSE COUPLE OF DAYS THEN MY DOWNSIDE TARGET AROUND 30000, 27000. ALL BANK NIFTY STOCKS TRADING SOME WEAKNESS. SO PLEASE TRADE YOUR POSITION PROPER HEDGING. THANK YOU
We evaluate short entry at the break of the support with target 0.87400
short hdfcbank breacked the supoort next support at 1400 round level !!!! join Trading view chat == > Intraday Approach ( you'll find it under chats )
My Sell Price in ICICI Future is 460 With Stop Loss of 490 & a Targer of 400 R:R - 2 Only For Educational Purpose |
Nifty (CMP 14861) Nifty 50 stock Quarterly Result Announcements to start next week... - Since March 15, 2021 Nifty has been trading in the range of 14940-14460 - we see convergence of 20 day EMA and 50 day EMA - currently Nifty at the higher end of the range - target for the current set up - 13800-13600 - time frame: 28 May to 06 June 2021 Pattern gets...
Sun Pharma Has Given a Breakdown & Currently Retested @ 622 on Daily Chart A Good Opportunity to Short With a Small Stop Loss of 644 & a TGT of 572 , 552 Only For Educational Purpose |||
FIIs Net sold 17441 contracts worth Rs 1802.76 Cr Futures Data - Retail participants exited 406 Index Futures Long Contracts & exited 5.26K Index Futures Short contracts - FIIs exited 6.74 K Index Futures Long Contracts and added 10.69 K Index Futures Short Contracts - Proprietary traders added 2.91 K Index Futures Long contracts and exited 6.47 K Index...
there is a trend reversal forming low at 330. Short term target of 440 with Sl of 335
Nifty (in case the chart notes are overlapping, feel free to expand the chart as per convenience) - the red line (Laxman Rekha suggested in month of Feb 2021) has again provided support today... - a 3 day sustainable break of yellow turned dashed red line would increase the probability of breaking the Laxman Rekha for further down move Coming to the 50 day...
Rec is trading below 200 ma and it’s has given good reversal from Fibonacci 61.8% level. We also drew the resistance line and we observed increase in bearish pressure(selling) at resistance level. For next week or coming days we can see double bottom pattern but for this week look for short opportunity. Trade safe
Gold into heavy resistance here. Indices are making new highs so risk on trade coupled with overbought conditions on gold will drive this quote down. A break below $1724 support and we see $1700
Can it hold these levels, a steep upward channel is made with support at CMP, if it holds then stay cautious and look for shorting opportunities later on. If it breaches then sell immediately