NSE:SBIN is at great support and has potential for a bull market as NSE:BANKNIFTY is also down. I have been following this stock and on 22nd Feb around 50% of the volume was taken delivery as per NSE data. This means people are buying NSE:SBIN . Being a Passive Investor I usually sell put options because if situation goes against my trade I can still buy the...
L&T has formed Head and Shoulder Pattern on daily chart. Entry We can go short if price breakdowns below the neckline with strong bearish candle. Target We can keep target near the next support zone as marked on chart. Stoploss We can keep stoploss above the neckline. Please like and follow me.
#Jindalstel cash -Posiitonal call 27.02.2023 Looks good sell around 564-565 Stoploss 578 Target 544/524 Cmp 553.25
PLOT EXPLANATION: This study is just an extension of the previous NIFTY OUTLOOK predicting the Nifty downside reversal on 2ND Dec (Pinned to the Chart). Previously we noticed that Nifty follows a 55 Trading sessions Cycle, where it makes important Lows & Highs after every 55 Trading sessions. It has been plotted on the chart for a better understanding. A...
Titan has formed Doji at FIb 61.8 and taking support at RSI Disclaimer : I am not SEBI registered analyst kindly consult your advisor befor taking any trading decision
NIFTY --CHART SETUP -- HOURLY TF 1. NIFTY Seen at hourly timeframe, Last closing session last hourly candle near strong support line 17400-17450 Level . 2. Previously circle indicate same support where nifty make trend reversal and move to 18100 sub level . 3. CCI indicator downside shown oversold level , as well as double bottom , which is possibilities of...
Hindustan Unilever is near support zone on daily chart . Entry We can go long after close of strong bullish candle near support zone . Target The Target will be the next resistance zone as marked on chart. Stoploss We can keep stoploss below the support zone . Please like and follow me.
Banknifty- Volatile day, profit booking happened today. 39500 is weekly support. If hold here the next it can break 39500. Flat Opening - 40200 = Hourly resistance, if it breaks then it can continue upmove but will face multiple resistance. Momentum could be slow. Gap up - 40500=Resistance, it can go up to there and then if any -ve price action formed, will sell...
#BANKNIFTY ANALYSIS. Today banknifty close on support it means tomorrow may be gap up or in bullish form so let's see tomorrow. If the market cross 40043 zone then we can go for CE(CALL) FIrst target= 40170,40264,40293,40389. If the market cross 39900 zone then we can for PE(PUT) First target= 39741,39601,39565.
GBPUSD stays defensive inside a three-month-old ascending triangle, following the previous week’s rebound from the 200-DMA. Even so, downbeat oscillators join lower high formations to keep the sellers hopeful ahead of monthly PMI data from Britain. That said, the stated triangle’s lower line precedes the key moving average to challenge the Cable pair bears around...
#Maruti cash -Positional call 20.02.2023 Sell on rise till 8740-8760 Stoploss 8810 Target 8632/8582/8532 Cmp 8683
On daily chart the classic Three White Soldiers pattern is formed near the support zone. Three White Soldiers is a bullish pattern. Entry We can go long on next candle Target Target will be the next resistance zone. Stoploss We can keep the stoploss below the support zone. Please like and follow me.
Reliance is taking support from it previous resistance level of 2300. It is into consolidation from almost 4 months. We can see a good reversal from here. Weak below 2293 , Next Resistance 2500/2700
HEROMOTOCO is near support zone on hourly chart. Entry We can go long when price makes strong bullish candle near support zone. Target Target will be the next resistance zone, as marked on the chart. Stoploss Stoploss will be below the support zone. Please Like and Follow Me
#Icicibank cash -Positional call 14.Feb 2023 Looks good above 875.5 and dips 867-870 Target 894/914 Cmp 865.30
SBIN at Support Zone. Entry Go Long when it make strong bullish candle near support zone. Target Target will be the next resistance zone. as marked on chart. Stoploss Stoploss below the support zone. Please Like and Follow me.
HDFCAMC is near it's demand zone and looking a good buy @ 1860 - 1830 for a bounce. To motivate us, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India Team
Aartind has been falling since 149 days and has reached its previous long term support and has formed a beautiful bear trap. Bear trap logic- it has broken the support causing people to go short and after a few days the market moved higher on very high volume trapping sellers and has broken the falling trednline STOP LOSS: below the trap Traget: 707.75