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...
Detailed View about this Breakout: No.of Resistance: 6 No.of Support: 8 Consolidation days : 850+ days I Post educational chart for 3 Swing / Potential Stocks Everyday. Check Related Ideas section for more Swing Stock analysis.
BankNifty thought it made gap up closed high but still it is in bearish trend kind of relief rally.By going with global markets closed at friday close we might open a gap down around 42500-42400 area , then we have 42400 area is crucial below price can test 42100 -42000 and above it will go for friday highs this is just possibility so keep checking price action on...
stock is near its long term support level already buying is seen in last two trading session when stock is at support also stock gaining volumes at this support level stock Price to earning is 8.9 where industry PE at 26.3 book value of stock is 499 current running price of stock is 444 good opportunity for investors also to buy and hold
Buy entry point at 3363.50 key level breakout after entering the trade and sell below 3334.00 breakout after entering the trade
Go Long above 642.8 for Targets of 686.5, 730.2, 773.9, and 817.6 with SL 599.1 Reasons to go Long: 1. On a Weekly timeframe if we draw the Fibonacci retracement tool from the all-time swing low (point A) to the all-time swing high (point B) then we see stock took support from the 0.618 Fibonacci level. 2. Also a bullish candlestick pattern Bullish Hammer...
Go Long above 858.1 for Targets of 925.35, 992.6, and 1059.85 with SL 790.85 Reasons to go Long : 1. On a Monthly timeframe if we draw the Fibonacci retracement tool from the all-time swing low (point A) to the all-time swing high (point B) then we see stock took support from the 0.5 Fibonacci level. 2. Also a bullish candlestick pattern Bullish Engulfing...
Go Long @ 42.65 for Targets of 48, 56.45, and 4746.4 with SL 39.2 Reasons to go Long : 1. On a Weekly timeframe the stock gave Trendline breakout (marked with red color). 2. Also a bullish chart pattern Double Bottom (W pattern) is formed around the support zone. 3. In addition to this, the stock took support from the demand zone (marked with green color)...
**Support and Resistance Levels for Nifty 50 (October 30, 2023):** - **Support:** 18,555 (If the market falls below this level, there could be potential downside pressure.) - **Resistance 1:** 19,060 (Previous day's resistance level) - **Resistance 2:** 19,218 (If the market opens above 19,060, this could be the next resistance level.) **Trading Strategies:** 1....
**Support and Resistance Levels:** - Support: 42,142 (If the market falls below this level, it may indicate potential downside pressure.) - Resistance: 43,000 (If the market rises above this level, it could signal potential upside momentum.) **Trading Strategies:** 1. **Gap-Up Opening Above 43,000:** - If the market opens with a gap-up above 43,000, consider...
Nifty has always traded between 0.2 to 0.4 Gold (in INR per KG), from 2015 to 2023. This should come as a surprise to anyone since the sentiment is overwhelmingly in favor of Nifty. Also note that Nifty is now on a weekly downtrend vs Gold.
As we can see NIFTY has REVERSED exactly from our given levels of 18870, now that NIFTY has shown more than a percent move in a single day, we can expect NIFTY to continue the further RECOVERY till 19200 which acted as a NECKLINE for HEAD and SHOULDERS pattern and fill the gap. On the other hand, we can expect NIFTY to further fall keeping note of weakening of...
Dear Followers, I hope this message finds you well. I wanted to share my swing trade view on NSE:DBOL with you. I've analyzed the chart and identified some potential opportunities that I believe align with our swing trading strategy. Stock: NSE:DBOL Holding Time Frame: 90 Days Entry Point: 153-156 Stop Loss Point : 127 Target Point: 180,195 I've created a...
multiple time bounced from 2000-2100 level in past now again near supports if holds 2000 on weekly closing bases can see good up move towards 2450-2500 enter on correction towards 2100-2200 zone . ( This are my personal views .This is purely for education purpose and cannot be consider for trade .)
near important rising trendline support 430-450 level strong demand zone enter on correction on entering demand zone with strong closing support 430 for above levels 475-500 .in next 4-6 weeks . view fails on closing below 430 . ( this is purely for education purpose do not trade on this bases .)
- Fantom is managed by the best DE-FI developer Andre Cronje. - Fantom has a solid ecosystem. - Bear Run made it look very gloomy. - The next Bull Run will be interesting for Fantom. - In my opinion, Fantom has a straight short-term swing target of 0.33-0.38$ which depicts an upsurge of 42-50%. - Do not get carried away by the returns and potential left inside...
Trading near support zones. Breakout can occur soon.
Bullish Engulfing also RSI Divergence....BUY ABOVE 3494/3515 AREA SL 3439 TGT 3560/95/3600/10