Sustaining 398 - 403 will make the price to move towards 407,411,415 and 419. Bearish below 395 with the stop loss of 398. Targets are 392,389 and 385.
The green zone is a supply-demand zone where tata motors took resistance two times and at the third time as it touches the zone gave breakout on higher side. It is the first time when it came back to the zone where the zone will behave as support. It will move in the upcoming weeks if sustain above zone. I attached a chart of NSE:AMBUJACEM , its chart also look...
Good Morning! On the last Friday, we had observed an exceptional day of huge volatility. Where we had witnessed a beautiful short covering within the 1st 4-5 hours of the Trading session and thereafter some profit booking from the Traders. Well in accordance to the previous Morning Mantra updates, we know that a stable closing of above 15900 is very important...
BankNifty important levels for 15.5.22 for intraday trading.
Nifty important levels for 16.5.22 for intraday trading.
nifty fall 650 points from high to low and also closed near previous week lows as well which indicates that there is more pressure from highs and no to very little demand at lows. I will trade as per marked levels on my chart for next week. Expecting a sideways to bearish market for next week ahead. Happy Trading :) Disc: Chart posted only for learning purpose.
Hello Traders, +++++++++++ #Nifty-16/05/2022-Levels --------------------------------- If Market Opens as a- GAP-UP: Support of IMP (BUY) – Rejection of IMP (SELL) FLAT: Support of IMP (BUY) – Rejection of PDL (SELL) GAP-DOWN: Support of PDL (BUY) – Rejection of PDL (SELL) _______________________ Happy Learning and Trading Rules to fallow... 1) Trade...
NSE:DLF SHORT TIME BULLISH IN DLF target of 340 Can be a swing trade 360 Box is formed consolidation is there before quarterly result . a short target can be seen in near future Great support on daily time frame . Its is also a pervious resistances which makes its more important . This is for educational purpose . .
Basic Technical Analysis - 1. Scrip is in a downtrend, following a parallel channel on Daily TF. 2. Recently gave a breakdown from a long term (June'20) trendline. 3. Bounced back from higher TF (weekly) demand zone after breakdown. 4. Other marked DZ (green), SZ (red) levels are respected. 5. 2nd demand zone & approaching 200 EMA might now act as resistance in...
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...