BANKNIFTY still in range since 2 weeks now and there are high chances of BANKNIFTY being trending cause it had been trading in a small range between 35000-35350 Though it tried to break 35000 mark in the last hour but it couldn’t sustain and close below which could confirm the downtrend hence direction is not known Tomorrow we can again watch the level 35000...
According to a famous theory, the price usually comes to the 20 EMA, or the Moving Average comes to the price. For this week in BankNifty, it looks like it is reacting from a Daily Demand Zone to reach a 75 Minutes Supply Zone, where effectively lies the 20 EMA. So, the price might move up to 35800, but it is not that strong a conviction since the Demand Zone is...
As we can see, 8 EMA is below 20 EMA, and the price has taken repeated resistance from the 20 EMA. So, a lot of chances are there that Nifty might go down if tomorrow's market closes below today's open. If you are wondering why there are no gaps on my chart, they are due to a script I recently published. Check it out! You may take the entry if the market closes...
NIFTY IT TOP Coming very soon near 38422 . it will lead Nifty 50 as well to another down fall. Beware and start making little short positions. Please consult your financial Advisor before any psoition and manage your risk accordingly. Note : This suggestion is data backed by Stock Data Science .
1st Short idea of this week, and its a MIDCAP IT Stock.. Strange🤞🏻!! MIDCAP IT was firing last week but now LTTS showing some weakness at 61.8% Fibonacci levels.. indicates some profit booking for short term.. It is a risky trade as per current trend.. So, we may play it with a strict stoploss at 5401.15 (recent high).. and if it favors then we might get our...
Can be a good buy @ CMP TGT - 2600 & 2800 Disclaimer The analysis is only for illustration purposes only. Please consult your financial advisor, agent, broker before acting on any information. We may or may not have positions in the stock and our actions may be contrary to the one mentioned here. This analysis may or may not be updated. We would not be...
Go Long above 125.5 for Targets of 130.4, 135.3, and 140.2 with SL 120.6 Reasons to go Long : 1. On a daily timeframe if we draw the Fibonacci retracement tool from recent swing low (point A) to recent swing high (point B) then we see stock took support from 0.382 Fibonacci level. 2. A bullish chart pattern, Double Bottom (W pattern) is formed around 0.382...
Buy SHREE CEMENT LTD 26500/26800 for target 29800/31500
USDJPY, is just tapped Daily supply zone, though our long term bias is still bullish, we could expect some downfall before it shoots up to the sky.. If my H4 swing high is broken then look for quick buy either from break and retest or through bullish OB target till D1 Imbalance... For sells look for LTF BOS aroung D1 imbalance area or take sell entry if price...
Finally gave breakout after a short consolidation. Good volumes can also support this breakout.
BANKNIFTY now in more like W pattern and now trading at very crucial levels which is 35350 which is also acting as a strong RESISTANCE as it has also acted as a strong SUPPORT at previous times Hence if BANKNIFTY sustains above 35350 then we can see 37000 in coming trading sessions For selling we would only look if it sustains and closes below 35000
KOTAK MAHINDRA BANK Rating : Accumulate _ 1750/1800 TARGET 2000/2200
MTNL range break out with volumes indicate Big upside in coming months. As the Land Bank story yet to play out some Good news in near future. Targets of 94/150/196 can be expected in next 6months. 5% allocation of fresh capital can be allocated. Above views Educational purpose only.
Price action in the 78-80 zone of USOIL is worth watching. Any bearish price action in this Zone can give a good RRR short trade in Crude Oil. Meanwhile it's in no trade zone for me as of now.
Can be a good buy @ CMP TGT - 450 & 500 Disclaimer The analysis is only for illustration purposes only. Please consult your financial advisor, agent, broker before acting on any information. We may or may not have positions in the stock and our actions may be contrary to the one mentioned here. This analysis may or may not be updated. We would not be responsible...
Fresh Buy@CMP TARGET - 280 & 300 Disclaimer The analysis is only for illustration purposes only. Please consult your financial advisor, agent, broker before acting on any information. We may or may not have positions in the stock and our actions may be contrary to the one mentioned here. This analysis may or may not be updated. We would not be responsible for...
Fresh buy @CMP TGT - 600 & 650 Disclaimer The analysis is only for illustration purposes only. Please consult your financial advisor, agent, broker before acting on any information. We may or may not have positions in the stock and our actions may be contrary to the one mentioned here. This analysis may or may not be updated. We would not be responsible for the...
Navin fluorine is at the all time and has given breakout with a huge candle and volume if the price stays above breakout which is 4160 then it will be a good buy, with a stop of 3800 and expecting target of 5000 and 5150.