AUBANK in daily time has formed gravestone Doji and the next candle broke the low of gravestone Doji candle and closed below it's low. The price action indicates a short side trade on AUBANK. The trade can be done with risk defined strategies like call bear spread option strategy or put bear spread strategy or short via futures with hedging through call option.
Good Morning, As we could witness yesterday, Nifty showed us a gap down opening and henceforth stayed below its predicted support level of 17310, for the entire trading session. Moreover, from 17100 to 18100 and vice versa, this Volatility of a sharp 2000 points in Nifty is an indication of a new bull rally as per the chart setup. Well, as of now 16800 will...
Bank Nifty Important Levels For 19.4.22 for intraday trading.
Nifty important levels for 19.4.22 for intraday trading.
Nifty at hourly demand zone. so expect price to pullback to at least to 17450. and next target is 17925 where nifty will get huge supply and may change the trend again into downside.
As ADX is very powerful now, this upward price momentum may jump across the bench mark NIFTY 50. If this relative strength cross Nifty, the stock will perform much better in future.
We did saw a huge gapdown and continued its bearishness but closed with imperceptible recovery from very important level which is 36500 and making it more like a doji candle in 1 day TF showing indecision in trend, also we can see this level has acted as a very strong demand zone showing multiple reversals and hence we should think of going long unless it breaks...
Within one or two trading days, This stocks is going to be a momentum stock. After that you may wait for a fair price correction and may go for long.
NSE:GUJGASLTD #NSE:GUJGASLTD formed beautiful descending triangle, Levels marked for practice. Happy LEarning !!!
Weekly Set up for Cash Only Buy on Weekly Demand Zone of 4046 SL of 3868. Target 1 is 4330 and 2 is 4690. Please don't take futures and options and be patient if you get entry in this set up as this is weekly setup.
NSE:SBIN showing a formation of double bottom, which can send it back to 520 level as sbin is trending sideays in 504-520 level. target 520 if double bottom is confirmed or else 490-495 is the target if support breaks
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!!!