NSE: RICOAUTO is closing with a bullish consolidation candle supported with volumes. Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days. The stock has been moving along the horizontal support for the past few days which is indicating demand. One can look for a 8% to 13% gain on...
Hello traders! Today’s spotlight is on NSE:BHEL stock, which recently surged but is now flashing a reversal candle pattern. Here’s a quick rundown: Rapid Ascension: BHEL experienced a swift climb, catching the market’s attention. Reversal Indicators: A reversal candle pattern has emerged, suggesting a potential shift in the stock’s trajectory. Chart...
good fall showing on nifty with double confermation trendline plus nsr nifty a good fall showing nifty a good fall showing grab it
As we can thought we opened weak but managed to close strong well above 45000 which is a psychological level but the bears are always taking over despite bulls try. We can see more of downfall in coming trading sessions if BANKNIFTY couldn’t hold itself above 45000 which could give rise to a new trend till then BANKNIFTY could remain sideways to bullish with...
In this video, we'll discuss about Today's Market Movement and Tomorrow's Analysis in Nifty, Banknifty and other segments too. Whether you're a seasoned trader or just starting in the stock market, this analysis will help you in Learning about Market. Let's get right into it! ✅I hope you liked the analysis. Be sure to hit that LIKE. 👍Like | 💬Comment |...
Nifty 50 Support and Resistance Levels (25/01/2024): #### Support Levels: 1. **Support Level 1:** 21,300 2. **Support Level 2:** 21,200 to 21,000 (Round Number) - If the market breaks below 21,200 and trades below, it might indicate the potential for a downside movement in Nifty 50. #### Upside Resistance Levels: 1. **Resistance Level (as of now):** 21,600 ...
### Bank Nifty Support and Resistance Levels (25/01/2024): #### Support Levels: 1. **Support Level 1:** 44,800 2. **Support Level 2:** 44,400 - If the market breaks below 44,400 and sustains, it might indicate the potential for a significant downside movement. #### Upside Resistance Levels: 1. **Resistance Level 1:** 45,450 - If the market needs to move...
Nifty support and resistance levels are valuable tools for making informed trading decisions, specifically when combined with the analysis of 5-minute timeframe candlesticks and VWAP. By closely monitoring these levels and observing the price movements within this timeframe, traders can enhance the accuracy of their entry and exit points. It is important to bear...
Utilizing the support and resistance levels of BankNifty, along with the 5-minute timeframe candlesticks and VWAP, can enhance the precision of trade entries and exits on or near these levels. It is crucial to recognize that these levels are not static, and they undergo alterations as market dynamics evolve. The dashed lines on the chart indicate the reaction...
NSE: RELIGARE is closing with a bullish spinning top candle supported with volumes. Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days. The stock has been moving along the horizontal support for the past few days which is indicating demand. One can look for a 15% to 23% gain on...
RIIL has given a trendline breakout and is looking good for short term target of 1250. Try to buy at lower price, around 1025-1050 for good risk reward. SL should be below 970 DCB. If the stock manages to give a weekly closing above 1300, we can see 1500+ levels in the stock. Idea shared for educational purposes only
RCF breakeout started a good fall will occure here best for seller follow for more
As the market mayhem continues, let us look at the support levels that is likely to end the hear onslaught The simple trendline with Fils retrocement can tell the story.
Bsoft has potential for upward movement in near future (12 months period). Still entry is yet to come, but my view is bullish. Only for educational purpose. Learn!!!!
On Our Harmonic pattern indicator based trade setup take trade as explained below :- Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target , When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early...
On Our Harmonic pattern indicator based trade setup take trade as explained below :- Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target , When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early...
As we can see BANKNIFTY showed unidirectional downfall which was completely unexpected as we decided a good upmove if BANKNIFTY opens flat but it opened with huge gap up and fell unidirectionally but we can see BANKNIFTY managed to close above 45000 mark which could potentially act as a psychological and SUPPORT hence if BANKNIFTY manages to open flat to slight...
Can expect up to 44% bounce from the current price level