Get started

Support

Institutional Buying Zone Looking at past data, it is visible that: whenever, reliance comes to this zone and breaks out, it rallies, candle after candle, and has given 18% and 30% returns in almost 1 month. Reliance is at the same zone and at the bottom of market structure, it has formed 2 more bullish confirmations. 1. liquidity grab- Reliance broke the support zone and trapped short sellers and used that liquidity to burst out 2. Multiple Bearish Anomalies- As reliance approached the zone, it has a type of stopping volume, like a person slamming the brakes, red candles came with high volume but with very little downward price movement and started forming lower wicks. Even a good time to buy for investments. Target: 2754 Stop loss: 2180 Risk:Reward- 1:5 Keep It Simple
NSE:RELIANCELong
by Krish_Kohal
2
JUBLFOOD : A good opportunity for accumulationJUBLFOOD has experienced a correction of more than 50% from its all-time high, which was achieved in November 2021. When a stock experiences a correction of this magnitude, it may represent a buying opportunity for investors who have a long-term investment horizon. Current price level could represent a good opportunity for accumulation for investors with a long-term investment horizon. It is important to conduct additional research and analysis to ensure that the investment aligns with your financial goals and risk tolerance.
NSE:JUBLFOODLong
by HSJNFinWisdom
1
Range StockHDFCLIFE is in a Range since it has been listed in the market and is continuously making higher highs and Higher Lows in a weekly time frame which suggests that it is in a UPTREND and therefore can be bought at the last support level for a potential next upswing. It has come back to its support and further trading at the trendline where potentially it can take support. A very short risk can be taken for a potentially big profits at this level, which makes it a highly favorable trade in risk reward ratio perspective. ENTRY - can be made at the same level i.e. 495 Stop Loss- at the last low i.e 470 Reward - at the last resistance i.e 600 and then range resistance and then at next resistance i.e. 650. *This is HIGH RISK HIGH REWARD trade. Use Stop Loss POSITIVELY in the market. *preservation of capital in the market is the first step of a profitable Trader.
NSE:HDFCLIFELong
by rohitbansal1212
Reliance Double Bottom & RSI DivergenceReliance has formed double bottom pattern on daily chart. While the RSI is making higher low which is clear sign of RSI Bullish Divergence. Entry We can go long on open of next candle. Target Target 1: We can keep our 1st target at the nearest resistance which will also the neckline of the W pattern as marked on chart. Target 2: Once the 1st target is achieved & price gives breakout above the neckline of the W pattern 2nd target will be the next resistance as marked on chart. Stoploss We can keep stoploss below the support zone. Please like & Follow me.
NSE:RELIANCELong
by vt_trader
6
STATE BANK OF INDIA/NSE/BUYNSE: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 stock later. I feel one can make at least 5% from this trade. Now I am running at a 1.5% profit 29MAR2023 480PE - ₹ 5 (sell) 29MAR2023 460PE - ₹ 2.75(buy)-------------------- JUST FOR DECREASING THE MARGIN
NSE:SBINLong
by amangupta17022001
NIFTY (SAR & TIME CYCLE ANALYSIS)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 parallel channel has been plotted to mark the important intermediary support and resistance. The upper part of the channel has been marked as “A” and lowers one as “B”. Line B acts as a support; Nifty has taken support on 27 July 2022, 30 Sept 2022 & 1 Feb 2023. Line “A” acts as a resistance, Nifty has taken Resistance on 6 Oct 2022 and finally break out. Nifty has already given breakout from the 2 months downtrend on 14th Feb 2023. Currently from 16 Feb 2023, Nifty is taking resistance at the same line but it is expected to breakout gradually on the upper side, until the 17750 level is not violated for continuously 3 sessions. And going by the 55 Trading sessions cycle, the upside reversal date remains to be at 21st Feb to 23rd Feb 2023. CONCLUSION: So hypothetically an upside reversal in Nifty may start in-between 21st to 23rd Feb 2023. A good momentum can be seen once Nifty Moves above Line “A”. Once Nifty trades above the Line "A", then I will update with the targets. If Nifty starts trading below 17750 for 2 to 3 trading session, then this study remains negated. Updated image of the previous NIFTY TIME CYCLE Study for a better understanding of ‘55 Trading sessions’ Time Cycle in NIFTY CHART & ANALYSIS ADARSH DEY
NSE:NIFTY
by AdarshDey
NIFTY --AT SUPPORT ZONE 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 trend reversal next few session 4. nifty trading at lower channel currently as seen on chart , if support taken then target will be green arrow indicate upside movement to 18000 level channel upper level . if 17400-17450 breaks next closing session then downside lower level of channel 17100 level can seen . ** THIS IDEA IS FOR EDUCATIONAL... Trade at own risk .. HAPPY TRADING. !!
NSE:NIFTYLong
by champtrade111