Reliance Industries Ltd is trading in a price range of 2200 - 2800 since Sep 2021. In between this a strong support and resistance formed where 2200 act as a support and 2800 as a resistance. Last week a bullish candlestick pattern formed in Reliance called Classic Morning Star at support level. Here are the characteristics of a classic Morning Star...
I have clearly explained in my YT video about today's preformance and Monday's prediction. Please do watch my old videos in Daily Analysis Playlist to understand the Entry and Exit criteria. Do follow and subscribe if you like the analysis . I expect the market to be Bullish on Monday. Trade or invest according to your analysis. This is just my...
I have clearly explained in my YT video, why our logic failed today in Live market. Please do watch my old videos in Daily Analysis Playlist to understand the Entry and Exit criteria. Do follow and subscribe if you like the analysis . I expect the market to be Bullish Tomorrow. Trade or invest according to your analysis . This is just my view. <----- ...
I have clearly explained in my YT video, why our logic failed today in Live market. Please do watch my old videos in Daily Analysis Playlist to understand the Entry and Exit criteria. Do follow and subscribe if you like the analysis . I expect the market to be Bullish Tomorrow. Trade or invest according to your analysis . This is just my view. <----- ...
Eicher Motors has experienced a downward trend over the past few days, but has recently shown signs of support with a strong bullish candle. As a professional trader, we can consider taking a swing trade by going long on the open of the next candle. To mitigate potential losses, we will set a stop loss below the support zone with a reasonable buffer. This will...
Good Morning Traders, We have seen Chart and got to know that Banknifty has formed a bullish flag pattern and it is travelling inside the Flag pattern, i am talking behalf of 15 mints chart. I think today or till tomorrow this should give breakout for upside. Let's see what is happening, we will trade accordingly, but before to that we will find opportunity to...
I have been explaining the levels and logics behind my trades in my videos. Live market, Post market analysis and Next trading session's Detailed Analysis has been posted in my YouTube channel. Please do watch my old videos in Daily Analysis Playlist to understand the Entry and Exit criteria. Do follow and subscribe if you like the analysis . I expect...
I have been explaining the levels and logics behind my trades in my videos. Live market, Post market analysis and Next trading session's Detailed Analysis has been posted in my YouTube channel. Please do watch my old videos in Daily Analysis Playlist to understand the Entry and Exit criteria. Do follow and subscribe if you like the analysis . I expect...
Major support 44770,44708,44656. Major resistance 44890,45093,45179....
The blue lines indicate the strong trendlines where the price could take support. As all can see, the chart has respected most of the Fibonacci levels very well including the strong 1, 1.618 and 2. My expectation of the short term reversal zone was from the upper half of the 1.618 to 2 zone. Expect some correction next fortnight but it should be a good chance to...
NSE:LAURUSLABS reversing from support and trendline. RR 3.0 Trade.
Bajaj Finserv has formed a Double Bottom pattern, while RSI is making higher lows which is clear sign of RSI Bullish Divergence. Entry: We can go long on open of next candle. Stoploss: (Never trade without a stoploss) We can keep stoploss below the double bottom support zone. Target: We can keep the Target 1 & Target 2 near the next resistance zones as marked...
This levels will work as support and resisatnce market will act both ways wait for proper setup and then make entry
As a usual concept, a demand zone is shown. So if NIFTY reverse from the 50% retraced line, expected targets are shown. If not reversed, it may go till 61.8% and possible to reverse. If it moves below the 61.8% line, possible to continue the down trend. (Note that present RSI is 40.08, which is not actually gives a reverse sign.) Disclaimer: As usual, it is...
I have been explaining the levels and logics behind my trades in my videos. Live market, Post market analysis and Next trading session's Detailed Analysis has been posted in my YouTube channel. Please do watch my old videos in Daily Analysis Playlist to understand the Entry and Exit criteria. Do follow and subscribe if you like the analysis. I expect the...
NSE:DEEPAKNTR is reversing from breakout level support. Swing trade can be taken for Reward-Risk ratio 3.0.
On the daily timeframe chart of Sun Pharmaceutical, the price is approaching a resistance zone that has been tested multiple times. As this resistance has been tested multiple times, it may be considered a weak resistance. If the price gives a strong breakout above this resistance zone, it could present a great opportunity to take a swing trade. For entry, we can...
inverted head and shoulders pattern formation in stock price is resisting at neck line of head and shoulder pattern once price breaks this resistance of supply zone price expected to move upward Stock successively running in down trend making lower higher and lower lows but here trend is trying to change where it created peak of low and reverse back and again try...