On monthly timeframe made an inside bar and have already given breakout ...buying today and keeping SL at the inside bar candle low.
Market Recap Nifty advanced 1.63% to close at 17359.75 Bank Nifty advanced 1.75% to close at 40608.65 India VIX declined 5.08% to close at 12.94
US DOW is near to complete round bottom at 33300 levels which is crucial to BO and prior traded US market in green zone aling with NASDAQ. Keeping same sentiment Indian Market should also open in green territory but BankNifty downward channel BO level 41125 is crucial for Upward Move. Watch chart for support and resistance levels.
Due to Gapup opening Call Premium are high and thus attracting CALL writer to eat premium...BankNifty Major Stocks are in Good Momentum...We are expecting a Sideways to Upside in Current situation...Important levels already given... :) **** educational****
Market Recap: Nifty declined 0.20% to close at 16951.70 Bank Nifty advanced 0.35% to close at 39567.90 India VIX declined 2.23% to close at 15.10
Market Recap: Nifty advanced 0.24% to close at 16985.70 Bank Nifty advanced 0.09% to close at 39431.30 India VIX advanced 1.35% to close at 15.44
Market Recap Nifty declined 0.77% to close at 16945.05 Bank Nifty declined 0.56% to close at 39395.35 India VIX advanced 5.18% to close at 15.24
Market Recap: Nifty declined 0.44% to close at 17076.90 Bank Nifty declined 0.96% to close at 39616.90 India VIX declined 2.14% to close at 14.49
Hi Folks Please focus on Infosys, it formed Support Hammer Candle near Jun & Sep 2022 low.
Here is the Elliott wave analysis of BNF on 1 Hr TF, the following are the inferences. 1. Major correction in C wave going on on higher degree. 2. Internally, subordinate waves form the XABC pattern. 3. Potential Projection/Targets of C wave marked as fib retracements. Views are personal, only for educational purposes! Please don't treat this as trading advice.
Potential Bullish Gartley pattern identified. A Retracement zone of 0.7 was marked from the previous swing for the supply zone. If the D leg is tested with the fall and the price sustains above supply zone targets are marked with 0.382, 0.5, 0.618 levels of retracement of the CD leg.
one hour time period chart Elliot wave analysis wave 1 downside complete 1,2,3,4or 5 and again go up wave a,b or c part wave 2 complete and again down wave 3 internal wave 1,2,3,4 or 5
Harmonic - 1. Potential Bullish butterfly pattern on daily TF. 2. Testing critical support/demand zone. If this is broken Tgts 3219, 3126 Elliott wave - 1. Irregular ABC correction is ongoing. 2. Currently, testing 0.618 retracements of B wave, if this gets broken elongated C is confirmed. First target 3151 and 1-1.236 projection of A and B wave. 3. If there...
0.5 Retracement point found in previous swings. Potential AB=CD pattern marked in the chart. Supply and demand zones identified. If resistance is broken then the potential target is marked. Until then it is sideways between supply and demand zones.
take position when the price breaks trendline. Long position - > Buy above 17780 Short position - > Sell below 17600
positive news. Stock is trading near strong support zone. Long position - > Entry - ( 2216 ,2225 ) Sl - ( 2210 ,2215 ) respectively Target - 2240
For expiry trade in finnifty Create ATM short straddle Exit - One side of strategy (if range breakout in 5 candle) Target - Exit trade manually at 3:15 Short position - > Entry - 5 min candle close below 18300 Target 1 - 18250 Target 2 - 18200 Long positon - > Entry - 5 min candle close above 18480 Sl - low of breakout 5 min candle Target - 18550
Polycab is giving f&p breakout target can be 3020 SL can be 2750 educatinal idea only