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
Nifty 50 Support and Resistance Levels (24/01/2024): #### Support Levels: 1. **Support Level 1:** 21,100 2. **Support Level 2 (Major Support):** 21,000 - This is a critical support level. If Nifty 50 trades below 21,000, it might indicate the potential for a significant fall, possibly down to 20,800. #### Upside Resistance Levels: 1. **Resistance Level 1:**...
Bank Nifty Support and Resistance Levels (24/01/2024): #### Support Levels: 1. **Support Level 1:** 45,000 - This is a crucial support level. If Bank Nifty breaks below 45,000 and sustains, it could signal a potential for a significant downside movement, possibly up to 44,400. #### Upside Resistance Levels: 1. **Resistance Level 1:** 45,450 - If the market...
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 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...
this demand zone is fresh and it is the area is with pending orders because of imabalance area and where buy orders exceeds sell orders. this is the exact reason why the price reversed and started moving up...
BHARATRAS out of consolidation after a period of long time. When lok into MTF, we can see that it has been corrected sufficiently and was in an accumulation phase. Recent volume buildup indicates that it is out of dormancy.
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...