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"AVIATOR PATTERN" FORMATION IN BANK NIFTY CHART ANALYSISAnalysis for 4th March'24 Strong bullish recovery last week from 46200 to 47200 confirms the "aviator pattern" or "W" formation also looks like instutional are actively bullish. Also BN has broke strong 2 month daily resistance & lastly closed just above that resistance which gives a indication of bullish dominance. Thus this resistance becomes "strong point of confluence" ( check on chart) can also act as strong support or resistance in future. Still wait for opening print for 15-30 mins to decide the direction flow of bank nifty, gap up opening may give bulls to move fast or if gap down below 47200 may lead to bearish trend or sideways as BN trading on make or break area. Resistance : 47700, 48000 Support : 46700, 46200
NSE:BANKNIFTY
by Price_actiontaker14
NBCCNBCC:- formed cup and handle pattern. soon breakout in weekly chart. keep on eye.. its crucial level. Hello traders, As always, simple and neat charts so everyone can understand and not make it too complicated. rest details mentioned in the chart. will be posting more such ideas like this. Until that, like share and follow :) check my other ideas to get to know about all the successful trades based on price action. Thanks, Ajay. keep learning and keep earning.
NSE:NBCCLong
by AjayDhakad_Keep_it_simple
1
DAAWATDAAWAT:- almost 4.5 year breakout stock. good movement on the upward side. retest the important level, keep on radar... also formed rounding bottom pattern.. Hello traders, As always, simple and neat charts so everyone can understand and not make it too complicated. rest details mentioned in the chart. will be posting more such ideas like this. Until that, like share and follow :) check my other ideas to get to know about all the successful trades based on price action. Thanks, Ajay. keep learning and keep earning.
NSE:LTFOODSLong
by AjayDhakad_Keep_it_simple
ALLCARGOALLCARGO:- formed rounding bottom pattern and also break the important level and retest the level. good stock keep accumulate Hello traders, As always, simple and neat charts so everyone can understand and not make it too complicated. rest details mentioned in the chart. will be posting more such ideas like this. Until that, like share and follow :) check my other ideas to get to know about all the successful trades based on price action. Thanks, Ajay. keep learning and keep earning.
NSE:ALLCARGOLong
by AjayDhakad_Keep_it_simple
IBULHSGFININDIABULLS HOUSING:- price has been trading in a range. now formed cup and handle pattern. the stock which can break on the upside and breaks level 144.55. go for long keep on radar.. Hello traders, As always, simple and neat charts so everyone can understand and not make it too complicated. rest details mentioned in the chart. will be posting more such ideas like this. Until that, like share and follow :) check my other ideas to get to know about all the successful trades based on price action. Thanks, Ajay. keep learning and keep earning.
ILong
by AjayDhakad_Keep_it_simple
1