Banknifty on the other hand gave a trend reversal signal in just a day. For nifty we had atleast 3 days in succession. I took some short positions yesterday intraday and was all geared up to further attack by shorting more CALLS today. The opening minutes looked encouraging, so did the period from 10.35 to 11.15 but 2 things went against it. The options data...
Breakout in LnT I am trading with Option Creadit spread. Sell 1x 27JUL2023 2520PE - ₹ 60.15 Buy 1x 27JUL2023 2420PE - ₹ 20.1 Max Profit 12000/- Max Loss 18000/- Breakeven 2480 Prob. of Profit 54%
Today we had a perfect inverted V formation. The high of the day at exact 12.00 noon. A rally of 82pts from opening level and then a fall of 66pts. Even though nifty fell today, it was showing so much of positive energy and a general reluctance to fall. We will bring up the comparison with banknifty shortly & it will make sense. Today's peak formation ensured we...
Banknifty will try to fill the gap which may be act as support, follow chart for proper support and resistance levels.
nifty created a flag pattern. if it breaks upside, it may go further upside. also there is a resistance at 19430. if nifty goes down and break the 19300 level, it may go down upto 19250. please note that there is a support at 19250, so, you have to wait for the price action at 19250 level.
Don't be aggressive . if there is possibility for bullish-- entry: 44170 target-44360--44500--44750 . If down trend starts entry:43980 t1-43750--t2-43550 . possibility for stoploss hunting will be there. Don't trade in "no trade zone" Trade carefully. . after breaking green box mentioned, trend will be confirmed. . . refer old ideas.
Hello traders Hope you have seen the last post for entry and exit. Take a look again at yesterday post and look today's chart it has not crossed the 43950 level and on buy side it crosses 44050 level and go till 44120 level if you are smart and not greedy you have booked some points after 44050 level. Again the levels are same which are marked on chart buying...
TVC:GOLD price seesaws around the intraday high as it prints slight gains after dropping the most in a week the previous day. Even so, TVC:GOLD remains indecisive on a weekly basis as markets struggle to find clear direction amid a blackout ahead of the Fed and mixed feelings on growth concerns Global. Organization for Economic Co-operation and Development...
Special markings in Red, blue and Green solid lines are very important areas and opening of the trade in the morning gives us a reasonable idea along with other factors as to how the day should proceed. If you have been following the levels from the previous charts by now you would have seen the importance of how correctly marked areas worked . we can visualize...
Zee Entertainment Stock Breakout level Trend: Bearish mode Target: 180-178
BNB’s price at the same time last week was $307.79. It has moved by 1.24% in the past week and is currently at $308.85. Infact, in the past 24 hours, BNB has dumped by -1.70%. There is a slight bearish sentiment in the crypto market. The long term sentiment, however, remains bullish and BNB could hit $490.92 in 2024. The total circulating supply of BNB as of...
Hlo traders I hope you are searching best chart pattern. Currently xauusd make a tragnle pattern of 15min so please wait a proper breakout and breakdown.
TCS had formed a perfect head and shoulder pattern on weekly chart which was nicely broken down and had finally reached the target
Nifty given BO after downward channel as marked previously, again retested that BO level and moved upwards, now eye on 18250 levels which is big hurdle for next move and also 03 May US FED decision. VIX is also extremely low which is good sign for investors. But trade lightly till US FED decisions.
MARICO Key highlights: 💡⚡ 📊On 1Week Time Frame Stock Showing Reversal of Bullish pennant Pattern . 📊 It can give movement upto the Reversal target of above 520+. 📊There have chances of breakout of Resistance level too. 📊 After breakout of Resistance level this stock can gives strong upside rally upto above 890+.
Major support 27 (27 can work as make or break level ) Above it 30,32 possible positional
I am making some changes in the chart layout from today's report. It will be in white background going forward. This is after the feedback I got from the kindle publishing team that images with dark layout will look awkward when made into paperback. note: I will still continue to use the dark-mode chart for my trading purpose, only for the reports I will be using...
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. Watch chart for support and resistance levels. Buy on Dips as per sentiment.