Guar gum is an agri commodity and is traded well in India The counter is currently in grip of bears and can witness downmove the earlier support now acting as resistance as can be seen from charts
Trend deciding level is 18880 - 18920. If the level is sustaining then we can buy above 18920 with the stop loss of 18880 for the targets 18960 and 19000. Breaking 19000 is not that easy. Sell below 18840 with the stop loss of 18880 for the targets 18800 and 18760. This is my pre market analysis and not a recommendation.
What an amazing rally witnessed from the retest of the trendline as it rallied over 800++ points in just a week without any retracement hence we can’t expect more aggressive upmove coming up and hence till 42000 is broken above and sustained we can expect BANKNIFTY to continue this partial upmove but we can expect a sideways to negative market if couldn’t sustain...
Dear All, So, it has been back to back two weeks now, that we have been witnessing the magic of the Morning Star formation on the weekly chart of Nifty. Moreover, we have observed a V-shaped recovery in the Index, i.e., from 17800 to 16800 and then from 16800 to 17800. Well as of now, the Index is trading at a very crucial level of 17800 ....
remember if its go firt up then go down like in our side then considerable trade it is
GAIL in the past couple of sessions, made multiple attempts to kick out the resistance zone of 105-110 it failed will it be successful now? and make a move towards 140?
Expected expiry day range is 41200 to 41900. Buy above 41640 with the stop loss of 41540 for the targets 41740, 41860, 41940 and 42040. Sell below 41400 with the stop loss of 41500 for the targets 41280, 41140 and 41060. This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
trading above 20 & 50-period average trading now well above earlier resistance areas should approach previous hurdles at 4225, which if sustained can continue towards 4450-4480
Banknifty Weekly Analysis : Bank Nifty is super strong when comparing with Nifty, closed above Daily 100 SMA which will act as good support in BNf. 41700 Demand zone will be the key support level towards upside 42200 and any close above 42200 next target will be 42500. Banknifty is only Buy on Dip for Targets 42500 / 43000
Nifty Weekly Analysis : Nifty expected to be in Range this week between 17900 & 17650 Demand and Supply Zone. We have Daily timeframe 100 SMA on the higher side and 200 EMA support on the lower side which will hold Nifty within this range. If any Breakout above 17900 Supply zone we can expect 18K. Any weakness and closes below 17650, then 17500 will be the...
Reliance: the heavyweight counter is trading in a tight range with support can be seen at 2250 areas while hurdles at 280-2410 zones the counter need to surpass this range for any effective trade however good for option strategies like IRON FLY, IRON CONDOR, STRADDLE SHORT with a hedge, and calender strategy as well
The technical chart of the counter is trading with negative bias and it needs a successful close above marked areas once done can give a successful trend on higher side with lower levels which is swing low as stop loss
The price action of LTIM suggests that it is in consolidation for a couple of months. the supply and demand are now in a 10-12% range. the script had attempted fake-outs in the past as well which failed at trendline resistance areas. LTIM needs to give a close above this level for any decisive move Failure to close above 4800 makes it a strong resistance...
Hello Guys as we can see eth is struggling between 1750-1850$, also btc is unable to break above in single move. chart is indicating eth may test 1400$ area, bt lets pray eth will break above 1850$. Crypto community dont want to see another downfall in upcoming days. hope so somehow btc will break towards 30k.
As Per Chart Analysis Stock taken Support on Demand Zone of 476 -495 and Moving Up side towards first target if any Weekly Candle Closes Above 677 and Sustain Above it Then next Target is 999. First Major Resistance Zone or First Target for Tenla Platform Stock is – 677 Second Resistance Zone or Second Target for Tenla Platform Stock is – 999
Weekly and Daily TF looks bullish and structure has shifted and it is going to pullback in demand
Weekly and Daily TF looks bullish and structure has shifted and it is ready for impulsive move. 4hr structure is shifted