The stock has changed its trend from down trend to UP trend and there is a lot of room left on it. with huge volume
The stock has changed its trend from down trend to UP trend and there is a lot of room left on it. with hues volume
Very good structure shift and geting bullish. Overall looking good their might be a very good entry that can be form in upcoming few days. Let's wait and see what will happen. Will update if their will be any change.
As per the current market structure and based on supply & demand, the price may reach around 4500 range (Fibonacci level 61.8%) and would get bounce back from there to reach next high. This would work until it does not break the current Higher high level of 5990. If it breaks the current HH (5990 Level) then it does not work.
As we can see NIFTY managed to remain sideways to bullish as we analysed in our previous analysis! We also saw NIFTY taking support at trendline. Now watching the global cues we can expect NIFTY to open strong but it will be important to see if NIFTY manages to sustain itself with that strength as it could be influenced by RIL results so could remain volatile...
Education Purpose Only... Please Consult Your Financial Adviser Before investing.. Please Maintain Strict Stoploss... Book 70% at Target 1 and Rest Trail and Book at Target 2 ... Don't Risk More than 1% or 2% of your capital in a single Trade.. Bullish... Strong Breakout.. Good Volume.. Long Term...
Education Purpose Only.. Strong Breakout with Good Volume..
its a good one wait and watch strong snr power waiiiit and watch short term bye
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: TEJASNET 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 12% gain on...
Birlasoft is very strong at the moment. Breakout and have follow up candles. In the recent fall, IT stocks are holding strong at the moment. follow the levels for PriceAction. Targets are in Charts
JKLAKSHMI | Cup & Handle setup - Looks potential for doubling based on depth of the cup CMP : 862 SL : 730
GBPUSD is Weekly Bullish, but over extended with a reptracement due. Daily and 4H show signs of bearish price action. Price broke through the previous Weekly Key Price Area and retraced back to form a potential Lower High to continue the bearish momentum.
As we can see NIFTY finally showed unidirectional fall after resisting from our previous acting SUPPORT but managed to recover almost in V SHAPE. Since looking at chart it makes very evident that NIFTY should resist from here and continue its fall but market also does opposite of what’s most expected hence we can expect NIFTY can show temporary weakness but...
Stock has tested a major resistance and bouncing back from that level... lets see how it will react... Entry immediately. SL 5150 Target to immediate resistance i.e. 5600 T2 - 5800
If a strong stock due to some reason falls and take support at Monthly 20 and spend some time there then generally give strong bounce So if stock spend time there entry > 4040 SL 3600 T1 4500
Stock is going to cross nearest resistance level Entry > 6543 SL 5806 Target ATH Adx is strong RSI above 50