Detailed description in chart check it **Educational purpose only
If it breaks the trendline sell momentum will be seen. Keep an eye on this chart.
If nifty go on bearish first support is S1, if it failed to hold that, Nifty is go down to fill the gaps. Share u r opinion...
Now nifty confirms the head and Shoulder pattern Look for Strong bearish...
last day Nifty tends to break bearish pennant on downside... But last few minutes bank stocks pull the nifty from downside.... Today strong sell on Bank stocks Which supports nifty yesterday leads to pulldown the nifty... Excepted gap down on Nifty and Bank Nifty... Today nifty may touch 10020 level... If further break out takes it to 9950 level... Let wait...
Case I > Open below 10000 and Retest Target 1) 9925 Target 2) 9800 Case II > Opens above 10000 Target 1) 10150
Detailed description in chart **Educational purpose only
Check detailed description in chart **Educational purpose only
Bank Nifty has formed a beautiful channel which offers a short trade at current level as it has touched the upper boundary and traded above it but closed below and the red candle have confirmed it. So One can short it at the current level with SL of recent High. It offers a good Risk to Reward Ratio. Entry 20800 SL 22150 Target 17200 Risk/Reward Ratio...
This Analysis Is Done Only For Educational & Intelligence Purpose, Invest Or Trade At your Own Risk & Will.
If it Breaks the support line, a sell up momentum can be seen.. Sell below 457 Target 1 - 452 Target 2 - 443 Target 3 - 432 *Use Tight SL according to your risk Disclaimer : Only for educational purpose. Please consult your financial advisor before putting money into the market!!!
GESHIP has been rising the past week on account of its dividend issuance. The Ex-Dividend day is on 09-06-2020 i.e Tuesday. Prices usually tend to correct themselves on this day. Combined with the DOJI formed on daily timeframe at an important resistance zone yesterday, one can look for shorting opportunities in intraday below 231. TGT1: 225.5 TGT2: 218.5 NOTE:...
Risky Direct Sell below 1626 for the target of 1610/1595/1560 with strong sl of 1684 Safe sell around 1649 with the same sl same target **Educational purpose only
As we can see there was a big spike to the upside at a previous resistance level which was meant to take out retail stop losses and collect all the orders to push the price down, another confluence is the price was at 1.13850 which is a psychological level. You can wait for a retest into that zone or take an aggressive entry right at the candle close. This could...
I have uploaded a video with watchlist of stocks which could be traded for short term My channel is called Intelligentrader on Utube, in which I have uploaded my watchlist for the short term and tomorrow's Banknifty Analysis I would try to regularly upload post-market analysis and some stock selection as well, so please subscribe to the channel Grateful🙏
May retrace to 390 as per Fib Levels. If it breaks 50 EMA, then will move towards 370 or else take support at the EMA. It will be bullish only above 425.