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...
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...
1. Trend: Bullish 2. Potential 5 years breakout 3. RR: 1:10+ 4. SL: follow of weekly closing basis
Very good setup for long term investment Weekly and monthly support definitely hold Very good r:r Stoploss 3900 Target ath in April maybe I will buying it
As we can see despite the strong opening, BANKNIFTY managed to get rejected exactly from our given levels as analysed in our previous analysis. Now we can expect BANKNIFTY to remain sideways to negative till it maintains itself inside the given range and would only turn bullish if breaks above our given levels so plan your trades accordingly.
On Our Harmonic pattern indicator based trade setup take trade as explained below :- Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target , When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early...
Nifty 50 Technical Analysis - 22nd February 2024 ## Overview Nifty 50 exhibited price movements aligned with our identified support and resistance levels. Traders are encouraged to closely monitor these levels for potential market insights. ### Support Levels **1. Support Zone 1: 22,100 to 22,000** - A crucial support zone that may provide stability. If...
Bank Nifty Technical Analysis - 22nd February 2024 ## Overview Bank Nifty exhibited price movements aligned with our identified support and resistance levels. Traders are encouraged to closely monitor these levels for potential market insights. ### Support Levels **1. Support Zone 1: 46,425 to 46,000** - A crucial support zone that provided stability. If...
Please find below simple resistance and support: Resistance: 21100 If crossed up then will see upward move as follows: T1: 22142 T2: 22186 Support: 21985 If crossed down then will see downward move as follows: T1: 21967 T2: 21923 This is only for education purpose. Do your own research before investing or trading. I AM NOT SEBI REGISTERED ANALYST, SO...
NMDC Strong Breakout... Strong Breakout Good Volume.. Education Purpose Only... Please Consult Your Financial Adviser Before investing.. Please Maintain Strict Stoploss... Book 70% at Target 1 and Rest Trail and Book at Target 2 ... Don't Risk More than 1% or 2% of your capital in a single Trade..
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...
💎 FIL has broken out of a resistive trendline and shown a Change of Character (CHoCH) in the price. Additionally, it has formed an inverse head and shoulders pattern, which is a reversal pattern that increases the probability of bullish moves in the upcoming days. 💎If the price breaks out above the neckline or the resistance zone, we can expect a bullish move....
Entry and Target zones are marked in the image above. Note- Do you own analysis
LLOYDS Engineering Works Looking Strong.. Great Volume.. Strong Breakout.. Education Purpose Only... Please Consult Your Financial Adviser Before investing.. Please Maintain Strict Stoploss... Book 70% at Target 1 and Rest Trail and Book at Target 2 ... Don't Risk More than 1% or 2% of your capital in a single Trade..
BankNifty Support and Resistance levels to look for on Monday to trade. 46250-46300 Below Sustains Short Targets of 46100,46000,45900,45800 46550 Above Sustains Long Targets of 46650,46790,46900,47000.
Nifty levels to trade on Monday with support and resistance strategy . Important levels 22060 Resistance area and 21900-21950 support area.
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...