Stockmarketindia
Banknifty Intraday levels for 11/07/23Good morning Everyone.
Banknifty has traded yesterday in small range of falling channel, for today's all global indices looking greens(positive) today, i think we are gonna to see some pullback from these levels, if i talk about support in banknifty, then it is at 44700 and strong support zone is at 44360 levels. Let's see i think if anyone wants to buy there will be two levels to go long in it. first let it come somewhere 44700-44778 and then buy or buy once it crossed above level of 45100. Let's see where market is goes but scenario is positive for small move. I have already market all the best possible levels for banknifty i will write here too.
iMPORTANT LEVELS FOR BANKNIFTY:-
Buy above 45100 if levels sustain at least for 15 mints.
Targets we can see 45230/45359/45551.
Keep stop loss at 44869.
Support zone at 44778.
Sale below 44638 if levels sustain at least for 15 mints.
Target we can see 44530/44370.
Keep stop loss at 44869.
Resistance zone at 45070.
Note:- Always wait for the best entry 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
HDFC BREAKOUT HDFC took reversal Fib 50% level and now gave trendline breakout.
Next Targets - 2927-2936
Nifty trading in Higher highs and higher lows pattern next19100+Hello Traders Good Morning, I hope your last week would be good, everyone have made good money. Let's focus on today's scenario, i have seen on chart Nifty trading in Higher highs and higher lows pattern So according to this we can assume next higher highs could be somewhere 19100 levels, but best buying range will be 18750-18800 levels. Chances are high we will get these levels in intraday.
I have plotted everything on chart like best entry, target, and stop loss.
So guy's trade carefully and always follow stop loss to save your capital from unexpected movement.
Disclaimer:- Always do your own analysis or consult with your financial advisor before taking any trade.
Hit the like and follow if you like my work and also comment your thoughts on this idea.
Thankyou.
Nifty50 Day End Analysis 2023.02.06NSE:NIFTY looks to extend the current corrective phase till 18450-18420 or in worst case till 18360 (rare chance but still a probability) level.
● Wave a (sky blue color) with subwaves i-v (purple color) completed on 2023.06.01.
● Currently into wave b (sky blue color) which is an abcde (purple color) contracting triangle pattern.
● Wave c (sky blue color) should take it to 18450-18420 or in worst case till 18360 level.