BankNifty Analysis - Stance Neutral ➡️ Strange-looking 1st and 2nd candles and then a flat price action all through the day. It is quite commendable that Nifty’s bearish ghosts did not haunt BankNifty today. Even though we closed just below the SR zone of 45399 - the price action did not give a clear clue if it was bearish or bullish. 4mts chart Maybe...
Nifty is on make or break level. It form H&S pattern on weekly chart with neck line 21370. Current week will be the high volatile due Budget and FED meeting outcome. Nifty may test 21970 on higher side in under high volatility of both event. if It test these level during budget speech and break lower level on down side 21370 on weekly chart H&S pattern will be...
Petronet LNG is an investment stock with amazing dividend yield and a TTM PE ratio of around 10 at CMP of 222. The chart of stock is quite simple. The stock is consolidating since 2017 but has continuously took support from a trendline which was earlier a resistance. The stock is currently available at a strong demand zone which is the confluence of it 200 week...
ASIANPAINT - weekly chart looks interesting, the stock has been trading in this channel for the past 3 years. Everytime the stock comes to the bottom trendline, it takes support and bounces back. What will happen this time? Will it take support and bounce or will it break down? Well, time will tell.... but watch out for a good trading opportunity.
BORORENEW (1W TF) Swing Trade Analysis given on 29th November, 2023 (Wednesday) Pattern: FALLING WEDGE - Volume Spike from Demand Zone/Support - Done ✓ - Upper Resistance Breakout - In Progress - Retracement + Consolidation - In Progress #stocks #swingtrade #chartanalysis #priceaction #traderyte #bororenew
"Delivery Idea 22-01-24 GREENPANEL (CMP: 393.3) Buy Above: 405 SL Below: 380 Target: 455" Stock has Swing BO on Dated 28-12-2023. Now Same level has retest and take Support at Swing High. If Stock again Move Back on 20-01-2024 High, then take Entry. Disclaimer: Content shared through our digital media channels are for information and education purposes only...
METROPOLIS get trail of another one study of my bottom fishing scanner this name is eRHr buy at LTP . trg is 1) 1700 2) 1800. 1) good support zone . 2) technically swing trading set up 3) and last one is "my efforts " .If You LIKE MY Idea …please…Boost its for motivation for study . for MORE check in my TradingView ID “Disclosure : I am not...
Bank Nifty Support and Resistance Levels (16/01/2024) #### Support Levels: 1. **Support Level 1:** 48,000 2. **Support Level 2:** 47,800 3. **Support Level 3:** 47,600 - If the market trades below 48,000, it could signal potential downside movement. #### Upside Resistance Levels: 1. **Resistance Level 1:** 48,400 2. **Resistance Level 2:** 48,600 - If the...
Bank Nifty Support and Resistance Levels (15/01/2024): #### Support Levels: 1. **Support Level 1:** 47,611 2. **Support Level 2:** 47,455 3. **Support Level 3:** 47,233 4. **Support Level 4:** 47,000 - Breaking below 47,000 may indicate a potential for a significant downward movement. #### Upside Resistance Levels: 1. **Resistance Level 1:** 47,829 2....
AUBANK CMP 669 Formed a TRIPLE BOTTOM support at 635 and bounced strongly But, Now small resistance is 690--700 If sustained above it can pump upto 720 / 740 / 760 / 780 WITHIN SHORT TERM ---------------------------------------------------------------------------------------------------------- But recently there was a huge gap up in this stock around 23rd...
SYMPHONY AT STRONG SUPPORT looking good at current level took decent strong bounce from these levels decent fundamentals PE at 55 strong technical bounce
TIPSINDLTD is taking good support on 200 EMA in a 125-minute timeframe for Indian markets. Also, the Monthly and Weekly RSI are looking quite strong
ETHBTC formed descending triangle , if lost the support next support is 0.0416 level and
BankNifty Analysis - Stance Neutral ➡️ BankNifty opened inline and was looking quite decent till 10.07. The fall that came after that took out 559pts ~ 1.16%. Not quite sure what triggered that fall. Due to this, the impact was felt even on Nifty50. NiftyIT was roaring green at one end and then BankNifty underperforming at the other. 4mts chart link Remember,...
Similar to the HDFC analysis I gave, Hindustan Uni has approached its major support zone where it has had three previous 12% rallies from. position Sizing is recommended... What is position sizing? It is when you first add half your position to check If the market is saying you are right or wrong, if the market moves in your direction, you will add your second...
Exciting Bullish Pattern Alert! 🐂 📊 Pattern: Head & Shoulder 📌 Symbol/Asset: ONGC 🔍 Description: Stock has given a breakout of the Head & Shoulder pattern. We can see further upside of 200-300% on months to come !! Huge upside with momentum possible. 👉 Disclosure: We are not SEBI registered analysts, this is not a buy or sell recommendation.
#Long on #ABCapital for swing trade. Maintain Sl on Daily candle closing Basis. Conservative traders wait for PriceAction
📈 Exciting Bullish Pattern Alert! 🐂 📊 Pattern: Head & Shoulder 📌 Symbol/Asset: JAGRAN 🔍 Description: Stock has made head & Shoulder pattern and given breakout. Now stock has retested the neck line of the head & shoulder pattern. We can see further upside from here on. 👉 Disclosure: We are not SEBI registered analysts, this is not a buy or sell recommendation.