1. Bearish Engulfing Pattern formed at Support and Resistance Area which is price action pattern. 2. Fibonacci Retracement 61.80% level meets the pattern. 3. Trendline is far awy from the price. 4. Take Profit area is correctly calculated at 728.00 5. The current price will definitely reach that Take profit area clearly on my idea. Congrats...
1. On Supply and Demand Zone, perfectly Bearish Engulfing Candlestick pattern formed. 2. Trendline is far away from the current price. 3. Take Profit and Stop Loss level clearly mentioned in the chart. 4. That's it. It's pure price action naked chart analysis.
the counter is all set to make a decade breakout and once this takes place, the short seller has to just keep hiding for a safe place the counter trading near its 009-2010 zones the counter gave a strong upmove in the past couple of weeks now here is a likeliness of continuation of this upmove support now at 390-410 zones resistance nothing much before 560-580
still there is another weekly high broken , but price is getting slowdown. which can break the bulling price even as it is in the monthly supply , still no confirmation of entry , just a view. lets see
finifty Price Action Trading Strategy with Option Chain Signals for Trading 05 May 2023 FINNIFTY SUPPORT LEVELS FOR TRADING S1 - 19315- 30 S2 - 19245 –55 S3 - 119165-75 FINNIFTY RESISTANCE LEVELS FOR TRADING R1 - 19470 -82 R2 - 19517 -500 R3 - 18617- 600 finnifty Trend Signal From Open...
Nifty Price Action Trading Strategy with Option Chain Signals for Trading 05 May 2023 NIFTY SUPPORT LEVELS FOR TRADING S1 - 18170-80 S2 - 18064 -71 S3 - 17940-50 NIFTY RESISTANCE LEVELS FOR TRADING R1 - 18257-65 R2 - 18285 -300 R3 - 18445-55 Nifty Trend Signal From Open Interest Analysis PCR ratio as...
1) BSE had a bullish leg to the upside. 2) BSE has now retraced back to its origin 3) BSE will now consolidate a little bit and will be ready for another bullish leg to the upside. Also, note you will be able to see the retracement has been very corrective in nature
1) IEX has returned back to its origin after the push to the upside. 2) After successful retracement and some consolidation it is ready for another bullish run to the upside possibly for a new high
1) Weekly Timeframe is Bullish from viewpoint of Market structure 2) Daily Timeframe is also bullish of market structure 3) Patiently wait for pullback and to sustain in the demand zone and wait for shift in Market structure on 4HR
As we can see NIFTY again started to show rejection around the given levels and we are expecting a good downfall from given levels till 17800 levels which will be seen as a healthy retracement hence we might see a sideways market till then hence until NIFTY breaches 18200 levels with proper sustainment we won’t be seeing any further upmove hence keep watching...
Dear All, So yesterday was another day of Consolidation where Nifty is somehow trading in between the levels of 18200 and 18000. Moreover, since today is the day of weekly settlement, so be cautious . For now, 18200 will work as a level of Resistance and 17800 will be our nearest support level. In the meanwhile, keep following the Cherry...
Banknifty Expiry Trading Plan Resistance Levels R3 -43800-25 R2 -43558-84 - Short Below 43550 R1- 43444-77 Support Levels S1-43055-85 - Long Above 43090 S2-42757-83 S3-42335-75
Finnifty Support and Resistance levels where the buying and selling pressures are Expected to be strong Resistance Levels R3-19482 -72 R2 -19330 -15 -Short Below 19310 R1-19255 -45 - Short Below 19240 Support Levels S1-19165 - 75 - Short Below 19165 S2-19095 –105 S3-19030 - 40 S4-18970 - 82 Importent Signal...
Nifty End Of Day Analysis for Trading on 04 May Trading Support and Resistance levels for Nifty Resistance Level R3 -18286-98 R2 -18120-31 R1-18064-74 Support Levels S1-18006-15 S2-17940-50 S3-17820-30 Nifty Trend Signal From Open Interest Analysis PCR ratio as...
Swing trade opportunity in VOLTAS Entry - 830 Target - 917 DISCLAIMER: I am not SEBI registered and the ideas posted are only for educational purpose. Always trade with proper STOPLOSS.
Swing trade opportunity in BAJAJ ELECTRICALS. Entry - 1048 Target - 1158 DISCLAIMER: I am not SEBI registered. The ideas posted here are only for educational purpose.Always trade with proper STOPLOSS.
BORR's story is kind of like that of the 1849 California gold rush where those selling picks, shovels and pans made consistent and good money and sometimes more than the prospectors. Since they service the oil fields of several oil companies, they just grind out their margins of couse still suspectible to any boom or bust cycles of the oil /energy sector in...
IOC has taken multiple support and resistance between 68 and 73 range. This could be a good range to trade short term