NSE:SRF as srf breaks prtrevious channel . it is headed for important support / demans level of 2454- 2534. from ther we can see a possible pull back till 2600 and then reverse to 2535 level to form double pasttern.
NSE:CNXPSUBANK prediction for psu sector ahead based on supply demand zones and support resistence levels, with erish move in my mind, i assume wi can see red weak .
@ 10:00 AM Price Moved with Impulse Creating the supply zone. Waited for the price to come near the zone, as soon as price approaches this zone started reversing. %Took a short position @ rejection with the recent high as StopLoss. Target is kept near Today's Low. Trade is still Running.
1) 2) this zone is tested multiple times
Good Morning! Welcome back after a long festive weekend. In the last trading session, we did observe that even though Nifty made a high of 17663, it failed to give us a closing of above 17630. On the other hand, it also managed to stay above its support level of 17310. However, Today will be a No Trade Day. As after a come back from a long weekend, it will be...
Market is opening after a long Off on Monday. There's a possibility of price to move move on either side. Price is @ important support. Price can reverse from 3 zones if market opens bearish. * After GAP filling * @ 37000 levels or * @ Previous Point of Break.(near 36500 levels) So, trade accordingly, watching the price carefully, cuz the price can reverse...
Hero CMP 2251 Looking at the price structure , Orange zone is Major demand zone and green zone is minor... Expecting price to reverse from minor demand zone If price reverses , Black line would be my sl and blue line as my possible targets.. Chart is for study purpose only!!!
KotakBank Cmp 1780 The Green zone is the demand zone which is being holding since some time but with Downward trend line, one can also see the selling pressure in it... Since price is trading in compact zone... Expecting price to break either one zone and move of 200points can be on cards can keep on watchlist Vedang :D Chart is for study purpose only!!
16.04.2022 UPDATE The slow grinding upmove of the last couple of trading sessions suggests absorption of supply.
Hello Traders, BANKNIFTY was in a TIGHT CONSOLIDATION for nearly 6 trading days within 600 points. It was consolidating between 37235 --- 38000. When market was in a consolidation state, it gives a strong move when the BREAKOUT occurs. ( on either direction ) 1) GO LONG when BANKNIFTY Break and retest above 38000. TARGET ----> 38600. 2) GO SHORT when...
Bank Nifty important levels for 18.4.22 for intraday trading.
Nifty important levels for 18.4.22 for intraday trading.
NSE:HINDZINC #NSE:HINDZINC shared with entry level @ 327 and made high of 356 = 29 Points. Fresh entry may possible with SL @ 346. **Only for Practice. Happy LEarning !!
TATAMOTORS Nifty auto is facing supply at 11780 level and all the under line stock have to follow the broader trend irrespective of their own trend
NSE:ONGC #NSE:ONGC resistance BO, Post confirmation may show good momentum. Happy LEarning !!
Hello Traders! Thought target is for 80% the RR ratio in this trade is 5 which more than enough. Entry can be taken at CMP. It's the ideal place as price has given trendline breakout and closes above the 6ma. SL is small, 15%. This can give a quick profit. For more queries regarding any trade I posted, comment below.
Wait And Watch ?? Look for Low risk, High reward, and High Probability setups- Things to Remember while Trading with the Trend 1. Know what the trend is. 2. The best trades are made in the direction of the trend. 3. Assume that the main trendline or moving average will hold. 4. The longer the moving average is, the better it defines the trend. 5. Wait for the...
NAM India forming Lower Highs and Lower Lows ( Downtrend in weely TF). The upcoming lower lows coincide with weekly demand zone which gives a good opportunity for institutions to use sell order to open long position ( use the liquidity). The levels are posted on chart, use volume and day end candle for further conviction as price reaches the demand area.