The stock has taken a nice support from the weekly 20 EMA and has closed around the previous candle close. There is a resistance zone around 3950-3985. If this resistance is clear and price sustain above the level. There will be chance of stock touch its recent high around 4160 level. In case there is a pullback and price action near the support zone...
Finnifty is still lagging behind the other indices and there are chance of it covering up the move tomorrow. Last expiry was a sideway market ahs there are chance of a move in the index as it has take a halt around the higher levels. If there is a gap up opening, market may keep the bullish move on as it will hit the SL of seller and a move can be seen in the...
Last week the markets were volatile. A M pattern formation and immediate reversal forming a V pattern shows the volatility. The market need to retest of halt on the upper levels before crossing the ATH. On friday, there was a 2.5% bullish move in banknifty it seem to be bullish as on intraday levels. Positional trades can also be entered, if market comes to...
Please find below simple resistance and support: Resistance: 22440 If crossed up then will see upward move as follows: T1: 22581 T2: 22669 Support: 22350 If crossed down then will see downward move as follows: T1: 22229 T2: 22142 This is only for education purpose. Do your own research before investing or trading. I AM NOT SEBI REGISTERED ANALYST, SO...
On 4H TF ATOM is retesting #SupportZone on day chart Seem ATOM's creating #ReversalPattern that's Inverse Head Shoulders $9.7 is the important level Can wait to break and close above this level to join next bullish Time will tell
💎REEF has recently broken out of a resistive trendline and formed a W pattern, which increases the likelihood of a bullish move, especially after a retest of the resistance zone. 💎Following the retest of the resistance zone, we can anticipate price targets towards the next resistant zones. However, if the price falls back below the resistance zone, it may trap...
Lauruslab breaking long term resistance with good volume and rsi near #target 445 EDUCATIONAL IDEA
FinNifty 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...
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...
NSE: BORORENEW is closing with a bullish spinning top 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 16% to 24% gain on...
Previous post on day timeframe This post on 4H TF First, BINANCE:NEARUSDT is right on Bullish Fair Value Gap and Horizontal Support So I think this is good zone to buy NEAR for next bullish I see two chance to buy that 1. More risk: buy now and stoploss below $2.03 2. Safer: Wait for breakout and retest $3 then can join Wait for next move and DYOR...
Good to Buy and Hold for 6-8 months. Good levels to Buy - At Current level 533 or Best At 514, with SL - 488. NOTE:- Please maintain good Risk to Reward as per your risk appetite.
Good fundamental coin with really great looking chart to invest in bulk have really good upside potential
Nifty 50 Technical Analysis - 4th March 2024 ## Overview Nifty 50 is exhibiting interesting price dynamics with notable resistance and support levels. Let's delve into the key levels for the upcoming trading session. ### Resistance Zone **1. Resistance Zone: 22,500** - Presently acting as a significant resistance level. - Market momentum may pick up if...
Bank Nifty Technical Analysis - 4th March 2024 ## Overview Bank Nifty has exhibited notable price actions concerning identified support and resistance zones. Let's explore the levels for the upcoming trading session. ### Support Zone **1. Support Zone: 47,150 - 47,000** - A critical support zone; a breach below 47,000 may trigger a potential downward...
The weekly chart of the market has closed around an interesting resistance zone. Even RSI indicator is showing some strength but price action needs to confirm. Fibonacci Golden Ratio is also in sink with the resistance zone and on the contrary it took support on the weekly charts from the major trend Golden ratio. There is a confusion as both the indices are...
Nifty Confirm Targets Nifty Supports Nifty Support 1 - 21930 Nifty Support 2 - 21830 Nifty Support 3 - 21730 Nifty Resistance Nifty Resistance 1 - 22100 Nifty Resistance 2 - 22180 Nifty Resistance 3 - 22250 Nifty Trend Signal From Open Interest Analysis PCR ratio as per Option Chain Analysis - 0.7 (...