In the Weekly Chart of NAZARA , we can see that, it is retesting the previous support. we can have an entry if it creates a Hammer candle or W shape recovery.
In the Weekly Chart of SFL , we can see that, it has created a Hammer candle. Enter on breaking its High with Low as SL.
In the Weekly Chart of HDFCBANK , we can see that, it is at decision making point. Up move from here will bring a momentum in market. OR It can test the lower levels also.
On week chart After ADA has broken out the resistance zone at $0.46 and now it's pulling back to support zone around 0.45 - 0.43 Wait for confirmation around this level to join
NFLX is looking good and steady. All the other big names have been making all-time highs, why wouldn't NFLX? NOT ADVICE OR RECOMMENDATION
On Week Chart The best entry around 0.5 - 0.8 of Fair Value Gap On 4H TF LINK has support zones at 18.2 lower 17.5 These levels are good entry for next bullish, if it's broken down LINK can bounce back from Fair Value Gap 16.9 - 16.2 Time will tell
💎 FLOKI has formed a cup and handle pattern and successfully broken above the resistant zone, which is now expected to act as support, indicating a potential bullish movement. 💎If FLOKIUSDT retests the broken resistant zone and forms a bullish candlestick pattern, we can anticipate a bullish movement towards the next resistant zone. Conversely, if the price falls...
💎Cake has recently broken out of a resistive trendline and is currently forming an inverse head and shoulders pattern, indicating an increased likelihood of a bullish move. 💎If CAKEUSDT manages to break above the resistant zone, we can anticipate a bullish movement towards the next resistance levels. In the case of a pullback, we might expect a bounce from the...
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...
All the confluences have been talked about in the related idea below, this is a continuation of the idea.
As we can see despite the strong weakness, BANKNIFTY managed to close above our zone and ended in green as analysed in our previous post that the gap could possible act as a great support hence as long as the gap is protected, every dip could be an buying opportunity!
💎 COMP has recently broken out of the resistive trendline and the neckline of an inverse head and shoulders pattern, while also displaying signs of CHoCH and BOS, indicating a bullish market structure and increasing the probability of a bullish market. 💎 If COMPUSDT undergoes a proper retest and begins to exhibit bullish candlestick patterns in that area, it...
💎 GALA has recently broken out of a descending channel and formed a cup and handle pattern, indicating a potential bullish reversal. Additionally, the price has exhibited signs of CHoCH (Change Of Character) and BOS (Break of Structure), further supporting the bullish market structure and increasing the likelihood of a bullish move. 💎If GALAUSDT manages to break...
Nifty 50 Technical Analysis - 1st March 2024 ## Overview Nifty 50 has demonstrated interesting movements concerning identified support and resistance levels. Let's delve into the levels for tomorrow's session. ### Support Levels **1. Support Level 1: 21,900** - A crucial support level, and if the market breaks below, it may trigger a downward move. **2....
Bank Nifty Technical Analysis - 1st March 2024 ## Overview Bank Nifty has exhibited adherence to identified support and resistance levels, providing valuable insights for traders. Let's delve into the levels for tomorrow's session. ### Support Levels **1. Support Level 1: 45,900** - A foundational support level, and if the market breaks and sustains below,...
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 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...