NSE:CUMMINSIND making rising wedge on weekly charts and also has formed a evening star candlestick pattern. With a SL of 1666, one can short for T1 of 1552 and T2 of 1518. Let's see how the story develops. Best wishes! Disclaimer - - The opinions expressed here are my own. This is for my own records as well as what I see on charts. - If you are referring to...
Banknifty if you observe the pattern each time it is far from 200 moving average retracing back to it and then deciding the trend or move from there i'm ecpecting it to retrace this week to 40800 area,
Dear All, Yesterday we had seen the effect of the Hammer pattern, as we had observed a beautiful start in the Market. But unfortunately since it was a day of weekly settlement , we had to witness a roller coaster day. Well, this fight between the demand and supply has created a kind of Doji pattern on the chart of Nifty. Besides, as today is the last...
As we can see NIFTY has continuously been maintaining itself in the zone and finally closed in the zone so tomorrow’s direction is resllu going to be important as if it breaks the range then we can see a good downfall else we can see a strong upmove from here if sustained above the trendline hence we are expecting a unidirectional move in coming trading sessions...
Buy above 17620 with the stop loss of 17580 for the targets 17660, 17700 and 17740. Sell below 17480 with the stop loss of 17520 for the targets 17440 and 17400. Expected expiry day range is 17400 to 17700. This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
Buy above 42200 with the stop loss of 42120 for the targets 42280, 42360, 42440 and 42520. Sell below 41960 with the stop loss of 42060 for the targets 41840, 41780 and 41700. This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
bank nifty levels to trade on wednesday 41800 look long on this area, 42500 area look for short in this area and 42000 to 42100 look for long. 42600 above sustains more upside move expecting. 41800 below sustains more downside move expecting.
As we can see NIFTY again had shown weakness throughout the day but still managed to close in the zone which shows that NIFTY has no confirmed trend to follow and no confirm trend has been decided hence we can still expect NIFTY to falsely break below the consolidation before finally moving up hence for comfirm downtrend we must wait for NIFTY to sustain below the...
NiftyBank Demand & Supply Zones by One Hour Chart Analysis for Trading Banknifty Support Zones 1. 41921 - 41971 2. 41700 - 41735 3. 41435 - 41460 Banknifty Resistance Zones 1 .42335 - 42370 2. 42490 - 41515 3. 42675 - 42700 Importent Signal for Banknifty Trading from Option Chain Data...
Dear All, So for back to back three trading days we have been observing 3 red candles on the day chart of Nifty. Which is somehow indicating the importance of the 17800 level as well as the importance of the bearish reversal pattern, which was bearish engulfing . Furthermore, it is a weekly settlement day, today . And on a positive note, on the Day...
JEERA is in a strong bull run after a long consolidation that breached in 2022 it's zooming higher and higher each passing day
Levels for 20th April Good upside and down side potentials Rsi divergence Only educational purpose.
Swing trade opportunity in APOLLOHOSP Entry - 4237 Target - 4495 DISCLAIMER: I am not SEBI registered and the ideas posted are only for educational purpose. Always trade with proper STOPLOSS.
uflex is undervalued stock with a potentially attractive risk-to-reward ratio at its current price level. If the stock reverse from current direction, its recent 52-week low of INR 338 would serve as an exit point. On the other hand, if the stock were to move upward, the first target to watch for is around 394. On daily chart it seems created demand Zone...
As we can see NIFTY despite the weakness in first half but eventually has managed to close above trendline which shows that NIFTY might continue the upmove if managed to sustain above the zone and the trendline but in case if NIFTY fails to sustain above the zone then we might see a good fall in coming trading sessions so keep watching everyone
Dear All, Just as we had stated yesterday itself, similarly following the impact of the Bearish Engulfing pattern , we did once again witness a supply pressure at the upper levels in Nifty, yesterday. Wherein, even after a gap up opening , we had witnessed a lower closing of around 17660 . So, ultimately it’s a very crucial situation in the Market as of...
Support and resistance levels are price levels on Chart where the buying and selling pressures are expected to be strong and it is top Nifty trading indicator Banknifty Support Zones 1. 41921 - 41971 2. 41700 - 41735 3. 41435 - 41460 Banknifty Resistance Zones 1 .42335 - 42370 2. 42490 - 41515 3. 42675 - 42700 Importent Signal for Banknifty...
Daily Learning Day-47 Nifty Trading Plan and Levels for tomorrow.