Please find below simple resistance and support: Resistance: 21100 If crossed up then will see upward move as follows: T1: 22142 T2: 22186 Support: 21985 If crossed down then will see downward move as follows: T1: 21967 T2: 21923 This is only for education purpose. Do your own research before investing or trading. I AM NOT SEBI REGISTERED ANALYST, SO...
NMDC Strong Breakout... Strong Breakout Good Volume.. Education Purpose Only... Please Consult Your Financial Adviser Before investing.. Please Maintain Strict Stoploss... Book 70% at Target 1 and Rest Trail and Book at Target 2 ... Don't Risk More than 1% or 2% of your capital in a single Trade..
Price is moving inside the wedge pattern and now it is testing the upper trend line resistance. It have to sustain above the current levels to move up further. Daily time frame shows bullish strength. Pattern : Support/Resistance. Range : Medium. Trend strength : Normal. Buy Above : 47160. Stop Loss : 47080. Targets : 47240, 47320, 47400, 47480 and 47560. Sell...
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...
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...
💎 WINK has broken out of a descending channel by forming an inverse head and shoulders pattern. Additionally, there's evidence of Change of Character (CHoCH) and Break of Structure (BOS), indicating a bullish market structure. The resistance level was also breached with a significant green candle, further increasing the probability of a bullish move. 💎If the...
NSE: JSWSTEEL 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 8% to 13% gain on...
First time trading this strategy on Stocks. Price recently reached the bottom of a Channel. I spotted a possible Hidden Divergence on the MACD. Price also recently rejected off the LuxAlgo False Breakout Zone (Highlighted Blue). 3 signs of a possible reversal, Momentum is also headed upward on the MACD. Stop Loss is set at 13.10. I plan on holding this until it...
NSE:SKIPPER is expected to break past its resistance and may rally up to 20% in the near future. Technical Reason - NSE:SKIPPER had been on a downtrend in the first half of December before resuming its upward movement from 22nd December. NSE:SKIPPER has been on an uptrend ever since breaking out from its downtrend channel. NSE:SKIPPER has always...
As we can BANKNIFTY despite its weak opening showed strong upmove breaking the cognitive dissonance that was created by making doji candle in last few trading sessions which was very well analysed in our previous analysis wherein we expected this strong upmove. Now it can be seen closing at important level as following the previous structure it can be seen it has...
TVS SCS Cmp 200.45 dated 20-2-2024 1. Trendline BO @ 205 2. RSI already done BO 3. Price Rise with Voulumes Buy above 205 target 210-220-230-240-250 SL 180 It is just a view, please trade at your own risk.
Market has shown good strength and we might see same kind of movement the coming day if previous major Resistance 47246 is taken out bulls will take complete control.
Deepak Nitrate Cmp 2357 dated 20-2-2024 1. Trendline BO @ 2370 2. RSI already done BO Buy above 2370 target 2400-2420-2450-2485-2500-2520 SL 2270 It is just a view, please trade at your own risk.
#Greaves Cotton cash -12-24 Months 20 Feb 2024 Looks good above 175 and 185 even can add little at 150-165 (Accumulate it) Target 240-260/340 Cmp 165
#Sbicard cash -Positional for 12 months 20.Feb 2024 Accumulate 50% above 750 Close Accumulate 50% above 790 Close Target 930-1040 Cmp 740
#Zeel Cash -Positional call 20.02.2024 Looks good above 210.10 Stoploss 180 Target 236-240/270/300 Cmp 192.65
WOCKPHARMA:Has formed a nice double bottom pattern in long term monthly chart.DEMA Positive cross over in monthly chart suggests a positional TGT of 750+(For educational purpose only)
ROHLTD - BUY ACTIVE Chart Insights : 1Day Chart We can see stock breaks the channel pattern with good volume and can expect upside move if its sustain above the resistance.