As per price action today (Friday- 14-03-24) market will be BERISH. Entry at - 46856 Stoploss - 46915 (57 points) As target have been mentioned .. Trade accordingly .... we are not sebi registered not endorse any brand or company ... These Charts and analysis are for educational purposes only.. Trade according to your own risk factor....
major trend is up rwcently giving fake breakout on down side so there are trap sellers on downside so we are waiting for stron green cande for bullish conformation
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 NIFTY fell unidirectionally exactly as analysed in our previous post and we also mentioned about the supposed panic that could occur with the break of lower trendline and we did see that. now nifty can be seen heading towards very important support or demand zone of 21800 which given NIFTY more room to move hence if NIFTY weakens and reaches 21800...
💎 MINA has formed a cup and handle pattern, along with a W pattern on the demand level, which enhances the likelihood of a bullish move. 💎If MINAUSDT breaks above the resistance area, we can anticipate targets up to the next resistance level. In the event of a pullback, we can expect a bounce from the demand level. 💎However, if the price breaks down below the...
Nifty support and resistance levels to trade on tuesday Resistance 22420-22400, Support 22300-22290 areas. Today nifty gave good move after breaking down the level of 22430-22400 area now it will act as resistance.One hour time frame price closed below 50 EMA if opens flat and takes resistance on it expecting nifty to fall further on tuesday to check 22200 to...
Midcap Correction How to Play Nifty Midcap is entering a correction and is currently is the weekly demand zone 1 if the index breaks 43243 this is where we need to do some average of our midcap stock positions. Again average at 41726 Last Average at 39922 as this demand should hold. Please check the individual fundamentals of the stocks
Marked Monthly Demand Zone from Where Smallcap Index looks like taking a good support and reversing till 15280 Levels. Looking to drop another 1100 Points from here. We should wait and take entry in small cap stocks.
Banknifty closed today at important support area it needs held here to resume uptrend if voilates and sustains below it will test 47000 to 46700 areas. to trade bank nifty with support and resistance levles on tuesday are. Support 47200 Below Sustains short targets of 47000,46900,46750,46700 Resistance 47430 Above Sustanins long targets of...
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...
As per price action market may take a retracement and then go bullish. Entry at - 47210 Stoploss - 47185 (40 points) As target have been mentioned .. Trade accordingly .... we are not sebi registered not endorse any brand or company ... These Charts and analysis are for educational purposes only.. Trade according to your own risk factor....
As per price action market may take a retracement and then go bullish. Entry at - 22290 Stoploss - 22250 (40 points) As target have been mentioned .. Trade accordingly .... we are not sebi registered not endorse any brand or company ... These Charts and analysis are for educational purposes only.. Trade according to your own risk factor....
it is trending in downtrend currently at resistance level and after evaluating previous history it is a potential short side entry
On Weekly/Monthly chart it seems we are in a great long 3rd wave in progress. On Daily chart, we may have just completed 4th wave and might enter 5th wave on the yellow trendline break as shown hereby. We will have to see the price action and momentum near 640s and 650s and then plan to seek an upward journey until end of 5th wave on Daily time-frame. There is a...
It seems Monthly Supply zone is broken (the big red bar from left is 1-M Supply Zone broken in style). Now, on Weekly/Daily chart, the Elliott Wave Model applied is as shown. We are in great extended 5th wave. If price still continues to make higher lows and higher highs then 5th wave end possibilities are also as shown in the chart. However, for those who haven't...
It seems LIC Housing Finance will make a downward direction plan after the steady uptrend. As per the 15 Mins TF chart, it is making ABC structure after the trendline break. Also, there is a distribution zone / Supply Zone from where the price is falling. RSI is slipping downwards too. To confirm a downtrend, 630 needs to be broken with good red candle. If 625...
ITC is currently trading at support zone of 400-410 levels & It is consolidating here since 5-7 days. I am seeing a trading opportunity here. I am taking long position in ITC march futures at CMP 407. I will add more position if 402-404 comes. My stoploss would be 397. Target would be 425. Disclaimer - Do not consider this as a buy/sell recommendation....