Nifty levels for 19th JulyGood Morning Traders, Yesterday was a good day for everyone i think right, except Hero Zero Trade of Fin NIfty, am i right? Because we had got momentum for both side. Okay now let's focus on today's scenario.
Nifty is going to form a bullish flag pattern i think. Just assuming but we will trade according to price action. If there will be bullish flag pattern we will wait for breakout to enter for grabbing momentum. Global scenario is looking mixed till now, American market have given best intraday closing yesterday. Asian market struggling as Hang Seng already down 1.39% till now. So let's see how our market is going to behave. I have already market all the levels on chart, but still i will write here too.
Nifty Important levels for today:-
Buy Nifty above 19806, if levels got sustained at least for 15 mints.
Targets we can see in upside 19875/19950+ ( New All time high ).
keep Stop loss at 19699
Sale Nifty below 19699, if levels got sustained at least for 15 mints.
Targets we can see in downside 19615/19564
Keep Stop loss at 19806
Note:- Avoid trade in No trading zone as if you are a option buyer then you will lose money. And Always wait for the best entry or levels to execute trades. And always follow strict stop loss to save your capital from unexpected market direction.
Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades.
Dear traders, If you like my work then do not forget to hit like and follow me, and guy's let me know what do you think about this idea in comment box, i would be love to reply all of you guy's.
Thankyou.
Stockmarketanalysis
Finance Nifty levels | Expiry Special Trade | Hero Zero TradeHello Good Morning Traders, Yesterday was a very good day for trading, i hope everyone would have exited in profits. After giving breakout of down slopping descending channel, there was a huge upside momentum in Banknifty and Finnifty. Nifty was already making new highs. so let's analyse for today's market.
I think today also we can see trending market, but there is retest needed for yesterday's breakout. We will wait to get best entry for upside. Market is going to give some gap up opening in today's morning according to gift nifty. I think we can see some profits booking in first session and then we can achieve our levels. In case if market will start moving upside as buyers are aggressively active since yesterday, then we will buy some where 20398 levels if those levels will be survive at least for 30 mints. I have marked everything on chart.
Important levels for Finance Nifty:-
Accumulate in between (20066-20149), Because that is only will be Best buying zone as after giving huge breakout, there is no any retest in yesterday's session, so wait for the best entry.
Targets will be 20315/20398+
Stop loss200 EMA line, right now at 20010, it will slightly increase according to price behaviour.
But
If you don't get these retest and downside in today's session then wait for to sustain above 20398 levels at least for 30 mints, and then go for target above 20520+
Then your stop loss will be 20149
Note:- Finance Nifty Expiry Special, Hero & Zero Trade Will be in 2nd half of the day in Trading session, according to price action By 1:15pm, So we will update by given time. follow us to get notification about this trade. and Always wait for the best entry or levels to execute trades. And always follow strict stop loss to save your capital from unexpected market direction.
Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades.
Dear traders, If you like my work then do not forget to hit like and follow me, and guy's let me know what do you think about this idea in comment box, i would be love to reply all of you guy's.
Thankyou.
Banknifty still trading in Descending channel pattern| 14/08/23Good Morning Traders, I hope you will be doing good in Trading and your life as well. Keep learning the things, the day is not much far, where your consistency is gonna to pay you huge rewards. Again keep educating yourself.
Banknifty is trading in Descending Channel Pattern since almost a week, let's see where it goes, analysis says soon we will see breakout, it could be today also. Chances are high that banknfity is going to give breakout soon, well for today's scenario i think market is going to open in minor gap up. We have stick with levels, i have already marked all the levels. I will write below in details.
Important levels for banknifty:-
Buy above 44936 if levels get sustained at least for 15 mints.
Targets we can see in upside 45052/45158/45232
Keep Stop loss at 44728
Note:-Banknifty have support in a range of 44425 to 44475, so if Price take support in this range and make any kind of price reversal pattern then that levels could be also to go long from there. keep stop loss at 44270, if this gets executed.
Sale below 44618 if levels get sustained at least for 15 mints.
Target we can see in downside 44450, If support gets breakdown then next support we can see somewhere 44270.
Keep Stop loss at 44728
Note:- Banknifty always gets rejected from upper range of Descending channel, so if today also we see any price rejection and we see any kind of price reversal pattern at top of descending pattern then we can take short entry. keep stop loss at 45125, it this gets executed.
Note:- Always wait for the best entry or levels to execute trades. And always follow strict stop loss to save your capital from unexpected market direction.
Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades.
And Today ISRO aims for the Moon with launch of Chandrayaan-3. Earlier our chandrayaan-2 failed in doing so, despite being successful in sending back home valuable data. So today is the again proud moment for all indians. Let's Pray for successful mission.
Dear traders, If you like my work then do not forget to hit like and follow me, and guy's let me know what do you think about this idea in comment box, i would be love to reply all of you guy's.
Thankyou.
Low Risk Buying opportunity in Reliance Reliance has taken support and created a double bottom on charts so far. MACD also gonna to give bullish crossover very soon. I believe Reliance can do well in the medium term to long term, this can be a low risk entry point for buying this Gem. Start buying from these levels right now it is trading at 2242 take long position for target of 2800+ and keep a stop loss of 2175. Well this was a trading idea, but this is a best entry point to accumulate for long term, if you are taking position for long term then do not follow given stop loss because if india (Nifty50) has to rise then Reliance is gonna to participate their role like salt in food.
Chances are high we will achieve target in coming months. My long term Target will be 3500+ from here.
If anyone like my work please like, follow and comment.
Thankyou:)
Banknifty Intraday Levels for Today 07/07/2023Hello Traders, i hope you all will be doing good in trading and in your life as well.
Banknifty is consolidating from 2 days in the range of 45000-45500 levels. Today might be we can see downlevels towards 45000, and there is strong support zone, but that got break then banknifty can go towards 44800-45700 levels just today only. Well, let's see if we got breakdown on chart. I have marked all the levels on chart, trade accordingly i will write here also.
Important levels for BankNifty:-
Buy above 45411 if levels got sustains
Target we can see 45655
Place stop loss at 45211
Sale Below 45211 if levels got sustains
Target we can see 45086/45000.
Place stop loss at 45411
Note:- Chances are higher banknifty will open in gap down, then still wait for the levels to execute trades. And always follow strict stop loss to save your capital from unexpected market direction.
Disclaimer:- I Might be wrong in this analysis, so please always do your own analysis or consult with your financial advisor before taking any kind of trades.
Please like, follow and comment your thoughts on my idea.
Thankyou.
Regards
Rahul Pal
Nifty Hero Zero Trade||Expiry Special Nifty again made all time high today, but according to me there is no any sharp moment in it. Well for me highest upside remain in the NIfty is till 19500 levels. Today also it has tried to touch but returned from the level 19472, let's see what is going to happen, but i am looking an opportunity to short the nifty and banknifty but will do according to price action only. Have to observe more as market is very very bullish anything can be possible from here.
I have mention the levels on chart for buying and saling, You can see on chart, and i will write below as well.
Important Levels For nifty:=
Sale Nifty below 19410 if levels got sustained.
Target will be 19362/19342/19309
Stop loss 19472 (today ATH)
Buy Nifty Above 19475 if levels got sustained.
Target will be 19525+(I don't see much highs in it)
Stop loss 19425
For Hero Zero Trade I will Update till 1:15-1:30Pm,Stick with us.
Note:- Always trade with stop loss, because it will save you from unexpected losses if market went opposite to your Analysis.
Disclaimer:- I Might be wrong in this analysis, so please always do your own analysis or consult with your financial advisor before taking any kind of trades.
Please like, follow and comment your thoughts on my idea.
Thankyou.
Regards
Rahul Pal
U turn is possible in Nifty from the level of 19425. Weekly ViewHello Traders,
How are doing everyone. I have done analysis on NIfty for 2 weeks analysis, and my analyse is that, Nifty can take U turn once it will reach at somewhere 19425-19500 levels. Logic behind of this analysis is proper visible on 2 hour charts. You guy's just have a look on 2 hour chart and you will see that nifty is trading in higher highs and higher lows kind of pattern. so next higher highs could be somewhere in between 19425-19500 levels.
So for me i will wait for that levels to short nifty for the target of 19000 levels. Other logic behind of this trades is that We have seen continuously 2 gaps back to back on 2 hour chart, and let me tell you tomorrow it is again going to open in gap up somewhere 19200+ levels. Well Market is highly bullish here, so do not short until do not get confirmation from top trendline.
Let's see where the market is going, we will do trade according to our analysis.
Disclaimer:- I Might be wrong in this analysis, so please always do your own analysis or consult with your financial advisor before taking any kind of trades.
If anyone likes my work then definitely like my this idea and follow me for more updates and let me know your thoughts about this idea in comment box.
Thankyou,
Regards
Rahul Pal
Bank Nifty possible levels for tomorrow 04/07/2023Hello Traders, how are you doing all of you, i hope everyone is making profits from the market. I wanna say thankyou to all of you guy's who always supporting me by likes and lovable comments on my ideas, and wanted to let you all knows that we have completed 1600+ followers on Tradingview.com, thankyou once again to all of you in completing this milestone.
Today again i am going to post my analyse on Banknifty, hope it will be beneficial to you guy's.
Market seems very very bullish now a days, everyday we are seeing new highs. if i talk about today's Banknifty and nifty was trading in a range after making new highs 19344 somewhere. let's focus on banknifty now. After today's session seems tomorrow we could see some profit booking in first half according to my price analysis. But 2nd half could be trending and tomorrow is fin nifty expiry also there. I will post on that also later on till evening. But for now if banknifty breaks tomorrow for below 45000 levels then we can see some fresh selling in that, and we can see some down levels towards 44700 some where.
But if bank if banknifty sustain the levels above 45248+ then we can see some buying opportunity in banknifty, that momentum can take banknifty towards 45378/45600+.
So i have marked all the levels on chart. So trade accordingly.
Always use stop loss in trading.
So, buy above if sustain 45248 levels.
and keep stop loss at 45000.
and Sale below if sustain 45000 levels.
and keep stop loss at 45248.
Disclaimer:- I Might be wrong in this analysis, so please always do your own analysis or consult with your financial advisor before taking any kind of trades.
If anyone likes my work then definitely like my this idea and follow me for more updates and let me know your thoughts about this idea in comment box.
Thankyou,
Regards
Rahul Pal
BHARTI AIRTEL swingBullish on the telecom giant stock as it has broken its important resistance zone and also previuous all time highs , stock good to be bought as long as its trading above 850 levels , stop loss at 820 , any dip towards 860-850 levels is a buying opportunity , targets of new all time highs of 930/990/1050 in coming days 🚀🚀🤓🤓