NSE:WIPRO Wipro looks good for the long trade , can be bought and held for the one month for 10% app return . CMP is near the demand zone. SL 475 or as shown in graph. Disclaimer: This is for training and education purposes only, the author may enter in trade, take your own decision , This is a trading idea, not an trading or Investment advice. Consult your...
NSE:NIFTY Nifty Demand and Supply zones Identified and marked worked successfully, See this hart and previous moring chart of Nifty 50.
NSE:NIFTY Nifty has reacted from the supply zone on may 5, now Nifty has demand at 15,658 to 1,5848 in case this zone is broken then the next demand zone is 15,397 to 15,126. consider buying call if nifty reaches to the lower zone and is stable there. Disclaimer: This is a trading idea, not an trading or Investment advice. this is for the purpose of training...
NSE:NIFTY Nifty Analysis foy May 10,2022 cmp 16,301 Supply zone at 16,811 Demand zone at 16,131 to 16,104 Demand zone at 15,861 to 15,672 Nifty at CMP is balance located , do nothing at the current location Possibilities Case 1 >> If Nifty Falls consider to but ATM call at 16150 Case 2>> if Nifty moves up consider to ATM buy put at 16,400 Case 3>> dull market...
As we can see NIFTY again closed around previous trading day CP and also we can see previous REVERSAL and the change of new trend from this level itself hence making this level a very important level. So, on monday if we see a flat opening and breaches this level of 15700 below we can see quick one sided fall till 15500 which is the next psychological level On...
📈 Bharti Airtel 📉 It broke out from Resistance Zone after testing three times and it was inside a consolidation zone as well. Yes, it has closed at high of Jan, Fab and March too. So I am biased on long side. On Buy Side I am looking for initial Targets of 800 and 850. StopLoss should be kept at 700. It offers 1:2 Risk Reward. All Important Supports and...
it is approaching towards 800 levels, so entry should be initiated 800-815 levels. In these types of patterns breakout fail most of the time. Breakout people buy at breakout of this long range but if we initiate trade entry earlier then we will Square off at those levels where 90% of people rush for buy. Tip & Tricks- .we must be entry earlier...
ACCORDING TO PRICE ACTION STRONG SUPPORT ON DAILY TIME FRAME Breakout on 15 min time frame of trend line or we can see parallel downwards consolidation small target of 617 which is next resistances Also seen on daily time frame. This is for educational purpose
Good Morning! Finally the D Day has arrived. Where taking a sharp move, Nifty has touched the level of 15850 from 18100 that too within just 6 weeks of time. As of now, we could see how for almost the entire day, Nifty had struggled a lot to cross above the level of 15900, yesterday. Which however creates a concern. But the concern should be of a very narrow...
Nifty important levels for 13.5.22 for intraday trading.
Bank Nifty important levels for 13.5.22 for intraday trading.
As we can see NIFTY showing weakness as it has also broken below a week consolidation and came to the place where the bull run started but as we can see more gap is pending below which nifty can fill which is till 15400 and hence any weaker opening can show another 100-200 points one sided fall till its last noticeable SUPPORT till 15400 and the first support...
📈 Shriram Transport 📉 This Stock Broke out from a Resistance zone of 1140-1155 after testing two times this range on upside with a strong green candle. If you look closely this resistance also use to be a support in Dec Jan Fab. So It makes this a Strong breakout. You Can Ride This Stock for Long run. Bias - Long Target - 1283, 1402, 1505, 1667 SL - 1085 RR- 1...
As per the 2 Hour Chart of ADANIPORTS, we have witnessed the formations of an inverted hammer, and a bullish harami followed by a confirmation candle on the downside levels. Therefore, we are expecting to witness a bullish momentum in the stock in the upcoming trading sessions. Wherein, the stock is being expected to face a resistance initially at around the...
Good Morning! In the yesterday’s trading session, we got to witness a short and a sharp covering from the day’s low of 15990 approx. Not just that but we also very well witnessed a sharp recovery in some of the stocks during the last 2 trading hours of the Market. As of now, a very beautiful hammer formation (a positive sign) can be seen on the daily chart....
Hello Traders, +++++++++++ #Nifty-12/05/2022-Levels --------------------------------- If Market Opens as a- GAP-UP: Support of PDH (BUY) – Rejection of PDH (SELL) FLAT: Support of IMP (BUY) – Rejection of S@1 (SELL) GAP-DOWN: Support of S@1 (BUY) – Rejection of S@1 (SELL) _______________________ Happy Learning and Trading Rules to fallow... 1) Trade...
After a week of consolidation and whipsaws we can finally see BANKNIFTY gathering strenth and looks ready to move! Despite whispaw, our view had been clear of making new buying position at every dips! now important level to watch above is 34800 and hence as soon the level is broken we can go long for the gap till 35100
📈 IPCA Lab 📉 IPCA Lab broke out from a downtrending trendline zone after testing three times. Yes it has closed at high of Fab and March too. So I am biased on long side. On Buy Side I am looking for initial Targets of 1100, 1139, 1211 and 1318. StopLoss should be kept at 965. It offers 1 : 2.5 Risk Reward. All Important Supports and Resistances are drawn in...