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...
Dear all, Reliance is Facing a Resistance from Trend Line make sure to place a Trade after breakout the trend line. SL1 - 2951 SL2 - 2928 CMP - 2957 TG1- 2976 TG2- 3009 Thanks. I am Not SEBI registered . This is My Opinion only.
FInNifty expiry 20800 make or break level if held here can resume uptrend 20900(Resistance)a minor hurdle if voilates above and sustains 20960,21000,21060 Targets can be acheived on higherside. Below 20800 (Support) sustains 20760,20710,20650,20600. targets can be acheived on lowerside. Mentioned support,resistance and targets areas can act as reversal points...
In the dynamic forex market, USD/JPY is at a critical juncture as a potential breakout looms. However, recent indications suggest that if this breakout fails to materialize, the pair could face increased vulnerability on the downside. Traders are closely monitoring key support levels and market sentiment for clues on the direction of the USD/JPY pair. Stay...
Explore the intricate world of gold trading and discover how to capitalize on buying opportunities within a defined range. This guide delves into effective strategies for identifying support levels, enabling traders to make informed decisions and maximize profits. Whether you're a seasoned investor or a newcomer to the market, learn how to navigate the...
With the USD/CHF pair exhibiting resilience and strength, traders can capitalize on this situation by strategically entering long positions. The trapped sellers below the rising range support are likely to fuel upward pressure, propelling the pair to higher levels. By aligning with the prevailing trend and leveraging the trapped sellers' predicament, traders can...
Fundamental stock showing signs of breakout, as a matter of fact TCS has already given breakout and retesting currently. will enter if breakout the previous high with a good green candle closing. Disclaimer: Not an investment advice, just my personal trade diary. similar views and contrarian views are always welcome as it helps us all grow together.
As we had analysed in our previous analysis that every rise could be a selling opportunity in NIFTY as it has maintained itself in more like an rising wedge pattern which is a bearish pattern hence we may still expect NIFTY to correct taking support at the lower trendline! We can see NIFTY is trading at a SUPPORT hence if NIFTY opens strong then we may see a good...
Sonacoms has been consolidating since past 1 year. This is a pre breakout idea, hence risk is more. 480-500 is a strong demand zone from which stock has recently showed a big rejection. Levels mentioned in the chart. Good stock for EV theme investors as it is a stock from auto ancillary sector. Keep in watchlist.
Bank Nifty Technical Analysis - 12th March 2024 ## Market Overview Bank Nifty is currently navigating a dynamic market environment with discernible support and resistance levels offering valuable insights for traders. Let's delve into the key levels shaping the market sentiment. ### Support Levels **1. Support Levels: 47,280 - 47,300** - Presently acting...
Nifty 50 Technical Analysis - 12th March 2024 ## Market Overview The Nifty 50 index is currently navigating through dynamic market conditions, with discernible support and resistance levels offering valuable insights for traders. Let's delve into the key levels shaping the market sentiment. ### Support Levels **1. Support Levels: 22,240** - Currently a...
USDCHF Short off of a daily key market area. Expected hold time is a few days to a week. Expected RR is +3R. All confluences and entry conditions are on the chart.
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 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...
Nifty Support and Resistance levels to trade with on monday, as we have very tight range close on thursday only above or below of that range breakout could give you a good move.If it stays in that 100 point range try to play reversal on extremes of that ranges. Ressitance 22535 Break out above targets 22570,22600,22670 Support 22430 Breakdown below targets...
Banknifty support and resistance levels to trade on Monday are Support 47700 Below Sustanis short targets of 47600,47550,47450 Resistance 48025 Above Sustains Long targets of 48150,48250,48380,48450. Support,Resistance,Targets above and below can act as reversal points check price action on them.
*SWING TRADE* BUy PVR above 1423 SL 1344 Target 1: 1544 Target 2: 1582 Target 3: 1663 Target 4: 1823 Duration 2-3 months Trade as per your risk rewards