1. **Primary Support: 21700** - This is the initial support level. If the market opens above this level, it suggests potential strength. 2. **Secondary Support: 21600** - If there's a deeper retracement, monitor how the index reacts around 21600. A bounce from this level could indicate continued support. **Resistance Levels (01/01/2024):** 1. **Primary...
1. **Primary Support: 48500 (Previous Resistance, now acting as Support)** - If the market opens above 48500, watch for sustained trading above this level. If it holds, it could signify a potential shift in momentum, turning the previous resistance into support. 2. **Secondary Support: 48213** - This remains a crucial support level based on your previous...
The weekly chart for VIPIND indicates significant trading volumes around the current levels, indicating a possible minimal risk on the downside. If it closes above 640, there is a possibility of a swift move to higher levels.
turmeric is overall in strong uptrend on weekly frame expect it to turn even more bullish or in other word catch momentum once start trading above swig high areas
In the Weekly Chart of GUJAPOLLO , we can see that, it has given trendline breakout after multiple rejections. Let it retest and then enter with SL & target. My expected momentums is shown in chart.
In the Weekly Chart of JAMNAAUTO , we can see that, after Inverted Head & Shoulder breakout and breakdown, it is now showing a recovery. My expected momentums is shown in chart.
In the Weekly Chart of TTML , we can see that, it has a inside candle also it is at decision making point. we can enter on breaking its High with Low as SL. My expected momentums is shown in chart.
In the Weekly Chart of SYNGENE , we can see that, after range breakout and strong momentum, It has come down for retesting. we might see a W shape recovery. My expected momentums is shown in chart.
In the Weekly Chart of FINEORG , we can see that, after Triangle breakdown, it went in to Consolidation and then we saw a W pattern breakout. It has now reached the same level. it might show some respect and spend some time over there. My expected momentum is shown in chart.
Both monthly and weekly chart breakout with the strength of 60RSI. And on weekly chart retest done So in coming days chart most probably go higher than higher than higher
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...
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...
NSE: MOTHERSON is closing with a bullish consolidation breakout 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 9% to 14%...
Nifty has been stronger than BNF today. Since the trend is bullish, it makes sense to enter this trade. 21700 to 21747 market can be sideways. Above 21747, we can see buyers. Target, if bullish, should be 21762 and 21775-21785. Below 21700, we can see bearishness. The target should be 21689. I'm leaning towards bullishness with the multi-day trend - today is...
BANKNIFTY 1 hr chart showing good support levels at precent price ,can be a bounce back point from here
entry above the stop below the line consolidation breakout
#swingtrade #breakout #VCP #vcpbreakout #rading #ENGINERSIN : >> Beautiful VCP visible >> Flag Structure Breakout >> Good Strength & Volumes Buildup >> Low Risk High Reward Trade Swing Traders can lock 10% profit & keep trailing Please Like or comment if u r Liking the analysis & Learning from it. Keep showing ur Love Disclaimer : This is not a Trade...
Take entry above $27 has made a fresh monthly demand zone. Near Breaking it out for Targets 36 & 44 SL 22