As we analsyed that 16400 is an important support and we did saw the same though it was weak in the first half but closed above our important support which shows that NIFTY is ready for another upmove. If nifty opens flat to sloghtly bullish we can make new buying position keeping small SL, On the other hand if opens weak and sustains below then only we can plan...
Hdfc Amc coming back from oversold zones with good numbers of volumes so i love to take a favorable risk to reward ratio, targets will update after some time
This looks very painful. Hope I am wrong in looking at this trend
📈 J K Cement 📉 My Findings :- 1. Breakout from a Swing High. 2. Close Above March 2022 High. Bias - Long Target - 3183 and 3787 SL - 2192 RR- 1:2 All Important Supports and Resistances are drawn in chart. All levels are on closing basis. Please have a look and revert back if you need some more study on it. Disclaimer : Consult Your Financial Advisor Before...
📈 Hero Moto 📉 My Findings :- 1. Breakout from a swing high and Resistance Zone. 2. Close above March high. 3. Higher High and Higher Low formation. 4. Auto Sector is in Uptrend. Bias- Long Target- 2646, 2792, 2933 and 3057 SL- 2242 RR- 1: 2 All Important Supports and Resistances are drawn in chart. All levels are of Spot and on closing basis. Disclaimer :...
BankNifty important levels for 7.6.22 for intraday trading.
Nifty important levels for 7.6.22 for intraday trading.
Good Morning! In the yesterday’s trading session, we observed a negative opening from Nifty. Followed by a beautiful recovery in the 2nd half and then a flat closing at the end of the day. Observing the indices momentum throughout the day, we can see that somewhere or the other the index is repeatedly facing a strong support at the level of around 16400....
As we can see important SUPPORT of 16400 is still protected and maintaining itself in range! we can expect nifty to make new trend only if sustained above given levels else nifty can continue being in range and buying on support areas and selling on resistance can be done
The consolidation, which started back on May 13 and the negative sentiment of investors regarding the market, indicates a significant position gained by a major player at an average price of 3800000, which can give a strong impetus to the growth of quotations in the future. The current momentum further confirms our expectations. Altcoins: A clear diagonal level...
The consolidation, which started back on May 13 and the negative sentiment of investors regarding the market, indicates a significant position gained by a major player at an average price of 29,500, which can give a strong impetus to the growth of quotations in the future. The current momentum further confirms our expectations. Altcoins: A clear diagonal level is...
Good Morning! A beautiful positive Friday morning turned into a negative and a disappointing afternoon. As even after a opening at around 16761, Nifty was unable to sustain above the level of 16700 by the end of the day and we observed a huge supply pressure near the stated resistance level. So, as of now, Nifty is still trading in its consolidation zone of...
Divis lab is testing weekly support again. If broken then can fall till gap level as mentioned in chart. Gap can act as a support or it can get filled if weakness continues. Second scenario can be potential buying at weekly support for upward reversal move. Keep on radar for both possibilities. Pattern and levels mentioned in chart. Follow strict risk management.
buy tata motore its trade near supports ..................................
As we can see NIFTY got rejected from important level of 16800-16900 which previously acted as a strong support which now is acting as an important RESISTANCE and now we can see nifty heading towards important support after getting rejected. As nifty just brokeout of an inverted head and shoulders pattern and there is a possible chance that the neckline of this...
GBP/USD 4 hourly time HEAD & SHOULDER DEMAND AND SUPPLY
NSE:AXISBANK Axis bank can be considered for long trade at CMP for the target price of 722. Disclaimer: This is a trading idea, not an trading or Investment advice. this is for the purpose of training and education for students. consult your financial advisor, Investment Advisor before taking any decision or do your own research. the author may enter into...
Godrej CP in a wide range of 90 points, the overall structure is bearish, put this stock on a watch list for swing trade