If a stock gives BO on Monthly time frame, it should test the next resistance entry now T 1 - 99.9 T 2 - 106
#Axisbank cash -Positional call 27.12.2023 Looks good above 1115.10 and add dips 1100-1105 (After crossing 1115.10) Target 1180-1200 Stoploss 1080 Cmp 1105
entry above the line stop below the line trendline breakout bottom bounce ( positional trading opportunity)
#PRAXIS Home Retail -Positional call 27-12-2023 Strong buying support at 26.50-27-28 Target 60/90 Rounded bottom formation happening even formation of flag pattern if stays above 37 cmp 28.75
#Execution only after break and close above or below from resistance or support 15-minute candle. #Stop Loss above or below from resistance or support 15-minute candle. (S/R Levels Will be Flipped in The Situation of Gap up OR Gap down Open, Support Will Turn in Resistance and Resistance Will Turn in Support) (This Analysis and idea is based only on support and...
#Execution only after break and close above or below from resistance or support 15-minute candle. #Stop Loss above or below from resistance or support 15-minute candle. (S/R Levels Will be Flipped in The Situation of Gap up OR Gap down Open, Support Will Turn in Resistance and Resistance Will Turn in Support) (This Analysis and idea is based only on support and...
#Execution only after break and close above or below from resistance or support 15-minute candle. #Stop Loss above or below from resistance or support 15-minute candle. (S/R Levels Will be Flipped in The Situation of Gap up OR Gap down Open, Support Will Turn in Resistance and Resistance Will Turn in Support) (This Analysis and idea is based only on support and...
BHEL Breakout Buy for First target 75. If cross 78 then the next target is 99.
Breakout with good volumes. Buy @ 1325 - 1350 Stop Loss @ 1178 Target @ 1694 R:R ratio 1:2
entry above the line stop below the line consolidation breakout
entry above the line stop below the line consolidation breakout ( anticipation )
**Nifty 50 Index Analysis - 28/12/23:** 1. **Support Zones:** - **Primary Support:** 21587 - **Secondary Support:** 21450 - **Tertiary Support:** 21300 These support levels are essential reference points for traders. If the market experiences downward pressure, these levels could act as potential areas where the selling might slow down or reverse. 2....
1. **Support Levels:** - **Primary Support:** 48213 - **Secondary Support (If gap-up opening):** 48000 If the market opens with a gap-up, it suggests strong bullish sentiment. In such a scenario, 48000 can be considered a secondary support level, as it has proven to be a good support level in the past. 2. **Resistance Levels:** - **Primary Resistance:**...
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...
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...
NSE: DALBHARAT 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 11% gain on...
Note: this analysis is only for educational purpose.
Tata motors is a fundamentally strong stock .we can make a long position in this particular stock as the markets are good and this is on good breakout level. taking a support on 20 sma of bollinger band it can act as a support.we can expect a move uptill 10 %.