Structure is good for entry but their are more levels pending that are unmitigated to price might trap and test those level too.
NSE: M_MFIN 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 11% to 18% gain on...
Just observing candles, indicators, and patterns. It is in downtrend. Trendline resistance is marked.
Close above major resistance generally trigger a rally.. Close above 5600 Target 6000 SL 5200
Prise action simplified Today's expected high is clearly mentioned Market will try to reach that leble Just try to buy If any point you get buying opportunity then grab it Lowest point also mentioned if it reach that lables then it's goes to expected high urelyy Follow me for more analysis like and comment for more remember trade if you getting confermations...
Dmart is looking good going to take an entry soon when it will hit the required price. Very good and beautiful structre is their it's a high probability trade.
It's structure is good and at in extreme discount. Below these levels, it will change its structure to the downside so high chances of reversal from this zone. We can plan an entry once it changes its structure in a smaller TF and gets aligned with HTF.
There is a little update with our plan of shorting #BTC: If we see any another rejection candle at the red arrow area, we enter in our short position, otherwise we wait patiently for the yellow and green arrow area. In this area also we wait for our confirmation entry.
As we can see despite the strong uptrend, NIFTY got rejected as it couldn’t sustain itself above our given level and fell unidirectionally as analysed in our previous analysis. We may see NIFTY to remain sideways to negative despite strong opening unless it breaches upward zone. We may also see NIFTY reaching the lower trendline if couldn’t hold itself so plan...
Nifty 50 Support and Resistance Levels Same 30/01/2024
Same As Tomorrow Check 30/01/2024 Data Same Support and Resistance Market Not Work Today
An example of a failed breakout. A BO was expected by me, but today’s price action said it all…..# Learning !
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...
30 January Prise action simplified Today's expected high is clearly mentioned Market will try to reach that leble Just try to buy If any point you get buying opportunity then grab it Lowest point also mentioned if it reach that lables then it's goes to expected high urelyy Follow me for more analysis like and comment for more remember trade if you getting...
NSE: DATAPATTNS is closing with a bullish swing reversal 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 and trendline support for the past few days which is indicating demand. One can look for a 17%...
Important levela for NSE:NIFTY Not SEBI REGISTRAR. All posts are educational purpose.
As we can see NIFTY showed unidirectional upmove which as expected as we had analysed in our previous BANKNIFTY analysis. Now NIFTY can be see standing at make or break level closing at very important level which has been tested multiple times making it weaker hence any closing above the given level could show another unidirectional move but can act as a strong...