Breakout in gold, Can go long with RR 1:2.5 Follow for more.
On 3rd March-2024 Balrampur chini stock price touched Weekly demand zone and looking sustain over this level. We can plan for buy side with cash for 1st safe target 459.
The price of Ramco Cement is starting to move upward from a weekly demand zone, making it a promising buy at the current market price. The first safe target is the recent supply zone, which is near 821. Therefore, a swing trade from 782 to 821 looks feasible.
SHIBA respected our last S&R, wait and see this week. NOTE:Only for Educational Purpose
-VCP -5Wave Setup -green Vol Spikes -tightness -Bounce from 50emas -Squeezed b/w PP n 10emas
Policybazar has formed a beautiful rounding bottom pattern and is now looking strong for a strong bullish trend. Stock belongs to new age startup category and investing has more risk associated compared to bluechip stocks. ATH breakouts are usually explosive and can be considered for quick swing trade as well.A similar pattern was observed in Zomato and stock has...
CG power results looked promising. 20 day SMA analysis shows the constant uptrend. Long term hold is recommended. SL @ 550. Price and Volume are constantly up. Mainly volume spurts are noticed for last couple of weeks.
A strong breakout can trigger if it give weekly close above 165. The day this stock starts moving, there would be no looking back.
FinNifty support and resistance levels are valuable tools for making informed trading decisions, specifically when combined with the analysis of 5-minute timeframe candlesticks and VWAP. By closely monitoring these levels and observing the price movements within this timeframe, traders can enhance the accuracy of their entry and exit points. It is important to...
Nifty is currently within the daily supply zone at 22409 to 22589, as mentioned earlier. Despite this, the trend on the weekly chart remains positive. A decisive crossover and close above 22600 could propel Nifty to new highs in the coming days. On the downside, the nearest support zone is identified between 22060 and 22142, with a farther support zone extending...
BankNifty traded sideways yesterday after breaking the psychological level of 48000. The nearest support zone is identified between 47770 and 47840, with a farther support zone extending from 47482 to 47542. On the resistance side, the nearest level is between 48213 and 48458, while a more distant resistance level is seen at 48784 to 49011.
The chart of COALINDIA's stock price shows that the stock has been finding support at a trendline for some time. The trendline is sloping upwards, indicating an uptrend. COALINDIA could be poised for a breakout. A breakout occurs when the stock price moves above a resistance level, such as the supply zone. If COALINDIA can break above the supply zone and close...
Finpipes has formed cup and handle. Stock has bounced from important demand zone and consolidating near trendline. Levels mentioned on chart. Good risk reward according to the levels. Idea shared for educational purposes
Nifty support and resistance levels are valuable tools for making informed trading decisions, specifically when combined with the analysis of 5-minute timeframe candlesticks and VWAP. By closely monitoring these levels and observing the price movements within this timeframe, traders can enhance the accuracy of their entry and exit points. It is important to bear...
Utilizing the support and resistance levels of BankNifty, along with the 5-minute timeframe candlesticks and VWAP, can enhance the precision of trade entries and exits on or near these levels. It is crucial to recognize that these levels are not static, and they undergo alterations as market dynamics evolve. The dashed lines on the chart indicate the reaction...
::Expecting bullishness for the day After multiple resistance a breakout is seen above 48140 Can see upside move to 48450,hope it hold and sustain above 48141... If 48627 is also seen upside will be more happier If broken down 48140,again may go sideways
BankNifty has entered the supply zone mentioned yesterday, ranging from 48051 to 48146. If BankNifty breaks above 48150, the nearest resistance zone remains at 48222 to 48457. On the downside, the nearest support zone is identified between 47160 and 47293, with a further support zone extending from 46870 to 47015.
Nifty found support in the demand zone between 22132 and 22071, dipping to a low of 22054.55 before bouncing back nearly 400 points to enter the supply zone at 22409 to 22589. As Nifty currently sits at the 50% retracement level of its recent 1000-point fall (from 22794 to 21821), it will be interesting to see how it reacts from these levels. The nearest...