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...
Stock touched RVWAP and bounced and now consolidating.. In such scenario it should touch next resistance i.e. 5700 or 6000 One should keep in mind support level 5300 for SL..
If a stock make a base for long term and cross Rolling VWAP, it should give a good spurt... This is the hypothesis.. User should identify the levels accordingly...
After 6 months of zigzag consolidation finally gold is ready to momentum This week my target is 2055 minimum If we close above it then next week we can see new ath in gold
Hey Folks..! I have marked all the important directional level for this year. All the levels have the description, Bullish movements is expected in bullish range which is marked with green lines and Downside is expected in the bearish range which is marked with red lines. Use the levels either Standalone or Club these levels with your existing trading style &...
As we can see NIFTY can be seen forming more like a double bottom pattern with previous rounding bottom being smaller than previous bottom which shows bulls are stronger as they are not letting bears break their lows hence it can seen NIFTY trading at important neckline of the pattern hence why closing above the given pattern could show another mind boggling move...
Gold Price Forecast: XAU/USD Bulls Respond to First 2024 Test Below $2kGold prices finally tested below the $2k psychological level and this was the first such instance in two months, since before the December FOMC rate decision. Bears had an open door to make a run, but USD resistance held at 105 on DXY, and that brought gold bulls back into the picture helping...
Nifty End of Day Analysis Helps Traders to Understand the Nifty sentiment and Identify Potential Trading Opportunities for the Next Trading Day in Nifty future or Nifty option Nifty Supports Nifty Support 1 - 21930 Nifty Support 2 - 21830 Nifty Support 3 - 21730 Nifty Resistance Nifty Resistance 1 - 22050 Nifty Resistance 2 - 22130 Nifty Resistance 3 -...
✅ Look for a reversal or any strong consolidation for entry. ✅ And also look on Weekly TF for a long targets.
Nifty 50 Support and Resistance Levels (19/02/2024): #### Support Levels: 1. **Support Level 1:** 22,000 (Round Number) - A significant support level. If the market trades below 22,100, this level might act as a support. 2. **Support Level 2:** 21,900 - Another support level. If breached, it could lead to further downside movement, possibly towards...
Bank Nifty Support and Resistance Levels (19/02/2024): #### Support Levels: 1. **Support Level 1:** 46,425 - A crucial support level. If the market opens gap-up above this, it might act as support. 2. **Support Level 2:** 46,000 - Another good support level. If breached, it could lead to further downside movement, possibly towards 45,400. #### Resistance...
Confirmations:- 1] Order block entry 2] market stucture shift 3] abcd pattern 4] w formation 5] selling trend continuation Target confirmations:- 1] order block level RRR:- 1:5.5
Double bottom pattern is progressing in NATCOPHARM. There may be breakout soon. The Stock PE is half of Industry PE. Volume is gradually increasing. Monthly resistance has also been broken.
On day chart World Coin is in negative channel I think BINANCE:WLDUSDT can down to $2 because this level is the confluence zone of Golden Ratio and Horizontal Support Wait for rejection around this level to join
NSE:METROPOLIS The price has reacted from the Q-demand zone and started moving up. The price was consolidating in this zone for a long time. "The price has consistently respected each demand zone and broken through each supply zone. There are no significant supply zones left to stop the price." "There are two supply zones above. The first zone is not that...
NSE:JAMNAAUTO in the previous chart, we saw that the price went up, and there was some upward momentum. however, the price came down due to some selling pressure in the market. now the price is again reacting from a weekly demand zone (103-113). the price can give a good reaction from this zone.
The chart indicates a buy signal for the near term. given that the market saw a significant consolidation rejection at the lower end support ! @ 45600-45800 next zone: 47350–47600 aREA Banks that may support = hdfc bank, icici bank , neutral: axis bank weak: kotak bank
💎 FTM has recently broken out of a descending channel by forming a W pattern on the 200 EMA. Additionally, the price has exhibited Change of Character (CHoCH) and Break of Structure (BOS), indicating a shift towards a bullish market structure. 💎Currently, I anticipate a retracement on FTMUSDT towards the Bullish Order Block (OB), which is also supported by the...