NIFTY for upcoming week (24 Oct,22 to 28 Oct,22)Nifty performed really well and our levels were quite precise for this week of trading. Now lets move up to next week, we have pretty much same levels as there is one sided move for this whole week. For next week we can see that there is a resistance or supply area of 17820-17920. Also a 30 min close below 17420 levels might take a little downside till 17350 levels.
Happy Trading :)
Disc: Chart posted only for learning purpose.
Supply_and_demand
NIFTY for upcoming week (17 Oct,22 to 21 OCT,22)Nifty gave an inside bar on weekly charts, suggesting a breakout on either side of the range that is 16950-17335. But a breakout trade should be taken on break of these levels only, till then a little churning on either side will be my target for this week.
Supply and demand levels are marked in charts itself and I will trade this week with these levels only.
Happy Trading :)
Disc: Chart posted only for learning purpose.
Mid week nifty update With nifty almost filled gap and closed above 17000 big round levels shows some strength for next 2 days. Though a close below 17025 might give another downside again. So will trade cautiously and with according to these levels only.
Happy Trading :)
Disc: Chart posted only for learning purpose.
NIFTY for upcoming week (10 Oct,22 to 14 OCT,22)Here this week nifty again recovered back from week's low of 16900 and reached 17400 on thursday i.e., on expiry day but couldn't sustain above that, and then gave a mild close in red the very next day. Now for next week we got some new levels for market to test that is the major gap that formed(17147-16887) might be tested week. And further with results season has started we can expect some wild swings on the days of major companies result day. I am expecting a choppy movement inside the supply and demand zones marked.
Happy Trading :)
Disc: Chart posted only for learning purpose.
NIFTY for upcoming week (3 Oct,22 to 7 OCT,22)Nifty recovered sharply with RBI rising its interest rates to 5.9% which is a increase of 50 basis points. Now that nifty has showed strength from lower levels of 16800 and moved swiftly to 17150. And halted around those levels. Here nifty is at a crucial juncture where it can break the 17156-17327 gap and move higher or continue to go sideways in range of 16800-17150.
Happy Trading :)
Disc: Chart posted only for learning purpose.
GANESHBENZOPLAST ANALYSIS 1/10/2022Promoters have increased holdings from 44.41% to 44.51% in Jun 2022 qtr.
FII/FPI have increased holdings from 0.21% to 0.64% in Jun 2022 qtr.
AS SOON AS 133 IS TAKEN OUT ON WEEKLY CLOSE 20% move expected...
WE CAN JUST PREDICT.
Disclaimer: I am not a SEBI registered advisor, so before entering on my view please ask your SEBI Registered Advisor. Profit is your and loss is yours.
GBPJPY will be Short till 162.00
GBPJPY will be Short till 162.00, its a bullish retracement .
here is a strong Demand Zone at 162.00 .
Hopefully, we can see bullish from 162.00 with some small retracement to Long 170.00.
Trade safe with Tight Risk and Money management.
Thanks for Likes and Boost Friends.
Clean science is at juicy levelsClean science been consolidating for about 2.5 Months now and gave a real good breakout from a range in inverse head and shoulder pattern formation. The prior downtrend shows that there is consistent pressure from sellers but a turnaround after consolidation shows that bulls taken charge again. Also the big 200MA also taken out by bulls.
The only concern here is that breakout volume is low. So say, if in upcoming weeks the volume also picks up, then we can enter at value levels of 1800 and around it.
Happy Trading :)
Disc: Chart posted only for learning purpose.
supply demand conversion zone
** This is a weekly time frame analysis (it is not like one buy and price start to move , it takes time to fly)
** Biocon is seating at demand zone (300-280)
**Stoploss -258-263
** targets_ 1st-382, 2nd- 426,3rd -483
This is simple setup for medium term swing trade ( success rate - 58% but reward are multifolds)
One should apply this strategy and find their own way to enter and exit.
EURUSD near Demand Zone EURUSD near Demand Zone retracement it can bounce to Long till 4hr Supply zone. We may expect some Bullish on EURUSD this week. Thank you Friends.. Happy and Safe Trading. Plz, Don't forget that Trading is the Probability always use Risk and Money Management.
Note: This is my Analysis, Its an Educational Purpose. Thank all.
Evening StarAnother reversal pattern at important juncture,
It seems like profit booking has occurred at supply zone.
Evening Star formation :
The support holds at low of first candle and same level has been tested today
17300-350 level is the point of the control zone , it has maximum volume spread.
Price pattern has created a confluence zone ,
It would act as strong support but if it goes below it, heavy selling is likely to occur
Nifty AnalysisNifty retracing back after kissing 18,000 levels and breaking 1hr trendline. Gaps made between 12-16 August & 11-12 August are also filled today. Nifty spot is currently at support zone of 17480. Bounce from current support level will take Nifty to 17700, while a breakdown of this support can take prices to 17200 and below.