Fortunately, Nifty gave us a positive closing of above 17270, for the past 3 consecutive days, in the previous week. Also, as per the current chart setup, we are still with our words that if Nifty continues to sustain above the level of 17170 and 16940 on closing basis, then it will give a positive strength to the Market for the upcoming rally. However, keep in...
Bank Nifty is currently at a decision point on whether to go up / down from here. 10 EMA pull back in daily chart with the formation of a Hammer Candle gives a higher probability of market moving upside from here. The challenge in moving up is going to be the negative global situation with most of the indices in sell off after US Jobs Data announcement. ...
In NSE:RAYMOND it is a bullish trendline and 6 times the trendline has played an important role of Support and Resistance.
Here this week nifty again recovered back from week's low of 16900 and reached 17400 on thursday i.e., on expiry day but couldn't sustain above that, and then gave a mild close in red the very next day. Now for next week we got some new levels for market to test that is the major gap that formed(17147-16887) might be tested week. And further with results season...
Vesuvius India has shown a clear cut breakout of cup and handle pattern and now is crossing above previous high. This looks very interesting at these levels and RR is very favorable. Rest all levels explained on the charts. #Disclaimer:-View shared is for educational purposes only. Kindly study on your own before making any trading or investment decisions.
HBL Power systems looking attractive at this point. Inverted H&S breakout is been observed with very good volume. Close above 105 which was previous high is a positive sign for stock to further rally. It will be good to accumulate if stock comes around 105 range with targets given on the charts. #Disclaimer:-View shared is for educational purposes only. Kindly...
After a long down trend Pharma sector finally took support at weekly demand which was create just prior to breaking previous ATH and was reaction to few fresh orders left at supply zone. The demand to which price reversed is flag pattern and authentic level.
M&M is biggest weitage stock in NiftyAuto. It has broken Daily Trend. Could be sign of reversal with supply demand balance resolving with strong down move.
NSE:SAPPHIRE This is swing trade The stock has a resistances zone on a daliy time frame. Also The candles have wicks on upper side which single rejection . The target foe downside is 1335 first target and second and final target is 1232. This is for educational purpose.
Hello mates many regards to all of you, I want to share a simple breakout retest example by the daily chart of Berger paints which is looking it is almost completed it recent breakout retest levels because what we can see is earlier there was a resistance which for I made a trendline for identifying previous resistance which was broken by the stock and had given...
Key Levels For Day Trading Support Zones For Nifty Intraday Trading on Fiday First Resistance Zone For Nifty – 17284 – 17293 Second Resistance Zone For Nifty – 17220 – 17230 Third Resistance Zone For Nifty – 17165 –...
Bearish Market Structure on daily. On 4HR it broke minor structure
SGX:IN1! after giving break down from falling wedge patterg, SGX is all set for 16600 level target, long term target is 16200 based of support/resistance and supply/demand zones analysis.
SP:SPX is gearing up for 10% free fall, it has followed the levels I mentioned in my last post with accuracy, from today onwards we can expect SPX to start down fall for 10% correction.
DJ:DJI is following the zones I had mentioned in my last post, expecting more 5-10% fall from here in dow jones.
NASDAQ:NDX is following the zones and resistance level I had marked in my previous post, expecting 5% more drop .
Key Levels For Easy Option Buying & Selling Strategy For Banknifty Major Support Zones For Monday First Support Zone For BankNifty – 39115 - 39140 Second Support Zone For BankNifty – 38813 - 38837 Third Support Zone For...
Bank Nifty is having a Bearish outlook in the short term with the formation of shooting star candle in daily time frame. We should see a retest of 10 EMA before any pause. Potential for further down move is also present if we get a decisive close below 10 EMA in the daily time frame. Predictions Charts : Bearish in short term with shooting star candle in...