As we can see BANKNIFTY has not rallied as compared to NIFTY and has also shown some healthy correction which can show potential upmove. We can also see BANKNIFTY forming more a W pattern in bigger TF getting rejected from important trendline support signifying the uptrend hence we may expect a strong upmove in coming trading session is BANKNIFTY manages to hold...
Devyani International Looks Attractive Fundamentals : Strong, Consistent growth on Sales, Profits and EPS. High Reserves vs debt free, Discounted.. Technicals : Taken Strong Support in rising Wedge.. Good RR... Resistance 1: 180 Resistance 2: 200 Resistance 3: 220+ Support Zone : 140-125
Time TechnoPlast Strong Breakout Bullish.. Great Volume.. Education Purpose Only... Please Consult Your Financial Adviser Before investing.. Please Maintain Strict Stoploss... Book 70% at Target 1 and Rest Trail and Book at Target 2 ... Don't Risk More than 1% or 2% of your capital in a single Trade..
Granules India Strong Breakout Strong Breakout Bullish Awesome Volume Education Purpose Only... Please Consult Your Financial Adviser Before investing.. Please Maintain Strict Stoploss... Book 70% at Target 1 and Rest Trail and Book at Target 2 ... Don't Risk More than 1% or 2% of your capital in a single Trade..
Expecting a reversal in move from the drawn Green zone.
FinNifty 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...
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...
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...