The HOURLY chart picture is pretty self explanatory. As you can see RAILTEL took first resistance near 133, then it broke the Resistance, after that the resistance became support. First it took support near 13 then made a Higher HIGH, then again it is came to the support of 133. The sloping up 200 EMA is at 130 (Will probably provide additional support). RSI...
As we can see NIFTY has formed more like an inverted head and shoulders pattern which is more like a REVERSAL pattern and we can see NIFTY getting rejected at 18600 levels which is a strong demand zone hence we can expect NIFTY to breakout of this structure and also the following trendline for a good 100++ points upmove so keep watching everyone
As we analysed BANKNIFTY has been sideways throughout the day now it looks like it is ready for some big move as it had been over a week BANKNIFTY had been sideways and had been hitting both SUPPORT and RESISTANCE making them weak hence we can EXPECT A BIG UPMOVE if BANKNIFTY opens flat to strong and sustains above today’s high but on the other hand if fails and...
Hi All, here I shared my view on #nifty spot Support and Resistance level for 06/12/2022. for educational purpose only, not for trade recommended.
As we can see more like an inverteed head and shoulders pattern in NIFTY which is more of a REVERSAL pattern and that too it has been formed around DEMAND ZONE which was around 18600 and also it closed near the trendline RESISTANCE which increases the chances of NIFTY for breaking out of this more like inverted head and shoulders pattern for a upmove of 100++...
As we saw there had been an another sideways market throughout the day as analysed, now in bigger time frame we can see BANKNIFTY has formed more like an W pattern in bigger time frame and its the fourth time it is hitting resistance level of 43350 making is weak and hence we can expect a big breakout if opens flat to strong and breaks its todays high for more...
Banknifty Low Capital Trading Strategy Down Side Targets For Banknifty First Support Zone For BankNifty – ( 43255 -43275 ) Second Support Zone For BankNifty – ( 43100 -43120 ) Third Support Zone For Banknifty - ( 42910 -42930 ) Up Side Banknifty Targets First...
Nifty Updated Support and Resistance Nifty Down Side Targets / Nifty Support Zones First Support Zone For Nifty - 18668 - 18682 Second Support Zone For Nifty – 18583- 18605 Third Support Zone For Nifty – 18455 - 18444 Nifty Up Side Targets / ...
NASDAQ:NDX NASDAQ trading at support along with cooling Interest rate and Master candle at support. Futures Trade. Entry price - Current price. Stop loss - 11440. Target - 12800.
** I AM NOT SEBI registered advisor please consult financial advisor for your investment** **This is only for educational purpose you can also share your thoughts in the comment section. ** TRADE REASON : TOOK SUPPORT FROM DEMAND ZONE ** **CMP:430 LOOKING UPSIDE UPTO 10% ** ** In this chart, I can see good demand zone and whenever it hits the line it showing...
Post Market Analysis:- Where I have talked about Strong sectors and sectors which is getting Dumped Out. NSE:CNXINFRA NSE:CNXAUTO NSE:NIFTY NSE:TCS NSE:ULTRACEMCO NSE:GRASIM NSE:CNXIT NSE:CNXSMALLCAP
Hello Everyone, Expecting nifty to reach 18800. A gap down to 18656 can take market upto 18795. A rejection at 18795 (or Fridays high) and the gap above it means it can fall back to low of 18656. Momentum is on the upside. Watch 18800/18900 calls today and 18550/18600 puts. Fresh call writing at 18800 means 18795 zone will be rejected. Trade with caution.
Good Morning! We are glad that we could pre aware our followers, about being cautious on the last trading day. As by the end of the day, on Friday, we did observe a significant supply pressure in the Market. Well for now, there’s a need to be cautious as we have entered the month of December, which is the end of the Financial Year of the FIIs. Moreover, we...
NEW STUDY FOR PAPER TRADE Future Sell/Put Side STUDY JindalStell@560-577 TARGET:- 550/525/500/450/400 STOPLOSS:- 585 Only for Paper Trade And Education Purpose Don't Real Trade #Study Logic : 👉Monthly Supply Zone 👉Monthly Supply Zone Of Sector Also 👉RSI TRENDLINE RESISTANCE
hey guys ready for GJ on monday here we go with a supply based on momemtum and high volume profile as i always say that enter on LTF Confirmations
The patterns seen in banknifty and expected move for this week is discussed in this video. Buy above 43080, stop 43000, targets 43200, 43320, 43460, 43600, 43740 and 43920. Sell below 42960, stop 43040, targets 42820, 42680, 42540, 42400, 42320 and 42200.
as we can see BANKNIFTY consolidated exactly as analysed and had been sidwayas throughout the day, now we can expect more of consolidation in upcoming trading sessions before finally giving an unidirectional move, now we can expect BANKNIFTY to react at given levels