NSE: LALPATHLAB is closing with a bullish swing reversal candle supported with volumes. Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days. The stock has been moving along the horizontal support for the past few days which is indicating demand. One can look for a 8% to 11% gain on...
METROPOLIS now 1715 Can see good move once break 1790-1800 can do 2570-3500++ Weekly breakout soon once close above 1790
As we can see we saw exactly a trap breakout creating liquidity and tumbled down sharply and fell over 500 points unidirectionally. Now we can expect more of downfall till 20300 which is the next imminent gap which could be filled and act as an important SUPPORT so plan your trades accordingly.
*Nifty 50 Support and Resistance Levels:** **Support Levels:** 1. 21075 2. 21000 3. 20900 4. 20850 - **Resistance Levels:** 1. 21150 2. 21300 3. 21400 **Analysis:** - The support levels at 21075, 21000, 20900, and 20850 are crucial for monitoring potential downside movements in Nifty 50. - Resistance levels are identified at 21150, 21300, and...
Bank Nifty Support and Resistance Levels For Dec 21/12/23 **Support Levels:** 1. 47200 2. 46950 3. 46736 **Resistance Levels:** - If the market opens gapdown, then 47200 is identified as initial support. - Additional resistance levels are mentioned at 47400 and 47600. **Analysis:** - The support levels at 47200, 46950, and 46736 are critical for...
On weekly chart It has touched the same high previous week (15/12/23) and crossed the same today (20/12/23) and afterwards selling... Hypothesis If it crosses 5300/- then BO confirmation will happen.. Entry >5300/- Target 6060 SL 4920
Dixon Tech is giving the BO on Weekly chart.. ATH ADX positive DMI+ in right direction RSI also is buying territory In this situation stock can be entered with the previous candle Stop SLT - 5875 Entry 6400 Trail the SLT..
Market break the lower channel and closed below 47750 is show that the market may give some health correction in coming day till 46300 we have some gaps to fill..
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...
BankNifty support and resistnace levels currently trading in a rectangle pattern until breakout of this range happens it will trade in this area only better to trade edges of highs and lows for more probability entries. Look out for Breakout or Breakdown of rectanglar pattern also with price action take trade that side. Supports are 47800,47580 areas. Resistance...
NSE: HATSUN is closing with a bullish swing reversal candle supported with volumes. Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days. The stock has been moving along the horizontal support for the past few days which is indicating demand. One can look for a 8% to 12% gain on...
buy range 505-515, target 7 to 18% upside from cmp keep sl 485 on day close basis
TataSteel trade with stoploss and entry line with drawing.
Auropharma is making an inverse head and shoulder pattern at a resistance level, now this is not a reversal pattern, it is a bullish continuation pattern which forms during an ongoing trend. The only point of concern is that the pattern is being formed at a resistance level of weekly timeframe. Weekly levels hold more weightage than any short period timeframes. If...
**Support Levels:** 1. 21300 2. 21200 3. 21100 - **Resistance:** - If the market opens gapdown, then 21400 to 21450 is identified as resistance. **Analysis:** - The support levels at 21300, 21200, and 21100 are crucial for monitoring potential downside movements in Nifty 50. - A potential resistance zone is identified at 21400 to 21450, especially if the...
**Support Levels:** 1. 47800 2. 47700 (Critical level; if broken, a potential fall may occur) - **Resistance Levels:** 1. 48000 (Significant resistance for Bank Nifty) 2. 48200 **Analysis:** - The support levels at 47800 and 47700 are crucial for monitoring potential downside movements in Bank Nifty. - A break below 47700 is highlighted as it may signal...
FinNifty Expiry Support and Resistance levels as today price action gave little bit of exhaustion been seen price struggled to go higher levels, i think its time for little correction here. Support levels are 21350,21300,21268 Resistance Levels are 21440,21500,21550 Please check price action on those metioned levels above.