After a long upward trend on the H4 timeframe, the price has now reverted to the H4 demand zone. The momentum appears to be moving sideways rather than straight up. In my personal opinion, if the H4 continues its upward trend, there will likely be a liquidity sweep in the H4 area (wide sideways range) before a decisive direction is determined. Our suggested...
Nifty and Bank nifty have been trading in the range for last whole week. It was due for a sideways movement after a massive movement in the Election result week. Nifty above 23550 level will open for a new zone and head towards 23900-24200-24800, down side is majorly capped as of now till 23200-23000 level. Bank nifty above 50500 will open doors for...
Nifty is likely to remain sideways or rangebound in the near-term with heavy call and put writing around the 23,000 mark CMP - 22,957.10 Key Support : 22,750 - 22560 Resistance : 23,050 - 23,150 Disclaimer: This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
Lupin has pierced the resistance line yesterday, and there is a clear breakout. One should initiate a long position when price is above the previous high, if closing above previous high with bullish candle gives us price confirmation also. Pattern will fail if close below the resistance line.
The market (NIFTY50) is currently trading at 22416. However, it's important not to blindly follow the buy or call side under the yellow box, as it signifies a sideways zone. For the past two days, I've observed a sideways market with premiums not showing significant increases. Here are the levels and analysis for the NIFTY Expiry on April 4th (TRAP...
BankNifty Important Levels for March Month Expiry: => Naked Buyer Strategy: CALL Side: Buy Above: 47040. Put Stop Loss: 46950. Targets: 47130, 47203, 47288, 47368 and 47423. PUT Side: Sell below: 46800. Stop Loss: 46880. Targets : 46720 ,46650, 46570 and 46474. => Hedging Strategy: UP SIDE: Sell 47300/47400 PUT (Premium price 500-570) & Hedge with 46400...
Disclaimer: Trading in financial markets involves substantial risks. Consult your financial advisor before making decisions. This commentary is not a solicitation to buy or sell. WaveTalks - Market Whispers: Can you hear them? Symphony, a notable player in the AC and Refrigeration industry, has experienced a turbulent journey in the stock market. After...
GLENMARK LIFE SCIENCE LTD / GLS - 6 months Consolidation Breakout. 1) Time Frame - Weekly. 2) 6 months of consolidation broken in Daily Time frame With Huge Volume. 3) Stock will find a resistance around the price 799 (Previous All Time High). 4) Recommendation - Quite risky to enter with daily time frame but still it is a Good buy / one can buy after the...
Sellers welcomed todays day with pressure closed at support looks tomorrow may be sideways day or profit booking can be seen. Still sellers looks more active may break support after profit booking. Bank Nifty closed at support 47400 to 47300 if break buyers may try to enter or trap Resistance at 47600 to 47700
As market was in strong momentum from a week as every candle was forming bigger than previous.... Last candle was form red showing weakness in momentum.....and also trading at upper level of channel.....which may cause resistance.....
Hello , Bank Nifty 10 May 23 first seccion sideway & then after go upside. bank nifty has Major Support 43037 & Resistance 43305 if any break then go for it.
Bank Nifty making dojis on range looks like it side ways today but trend says bullish if take at support marked range ( black lines on chart ) & makes a big green bar candle then an upward move can be seen.
it is entering zone of resistance where it can feel heat and spend some time before breakout !
Dear All, Yesterday was the day of consolidation , where nifty had traded in a choppy zone . Still 16800 is a hope for the Bulls as a support and most of the Bulls are eagerly waiting for a breakout of 17180 on closing basis. As of now be cautious and keep following cherry picking strategy. Regards , Alok Daiya SEBI Registered Research Analyst
Marico Is still Side ways Zone i Want Investing in this Stock is Waste of money and time Marico operates in Beauty and Wellness segment in Hair Care, Skin care, Healthcare and Male Grooming categories across India and outside India. More than 90% of the Group’s turnover comes from categories in which Marico enjoys No. 1 or No. 2 position. POST YOUR REVIEWS
see charts and ask your advisor banknifty trading in a range so far
As we discussed in previous idea , if nifty break 18000 level we may see more selling to 17900-800 levels , as it did in friday trading session. Now , you can see simple Resistance and Support area in the chart , we may expect this week in this zone , so try to buy at support level and sell at resistance level let price make a reversal pattern at the support...
Nifty The level of 18350-18400 has acted as crucial resistance in the past Immediate Support at 18258 odd levels High risk traders may consider buying Nifty 17 Nov expiry 18300 Put option between 58-66 (CMP 62.50) Target 84 / 96 / 102 SL 51.50 Disclaimer - The view expressed here is my personal view - Past performance is not a guarantee for future...