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: HOMEFIRST 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 10% to 15% gain on...
MGL | Multi year channel breakout - Has potential to double CMP : 1300 (Dip : 1150) SL : 1000
Stock has given the BO of the 1800 level in first week of 2024 and made W pattern. Stock has retested this 1800 level last week which is a good sign. This 1800 level is a strong resistance from last 3 years, since 2021 and now acting as a support. This makes a good swing trade opportunity. TGT : 1950, 2100, 2250 SL : 1650 This analysis is just for educational...
Nifty 50 has been opening with a down gap from two consecutive sessions and today it opened in between Immediate support zone of 21456 - 21349. Shorts might get covered here.. and we see some bounce from here.
I believe IEX looks good for a swing trade for a 3-6 month timeframe. This is not a financial advise to go long. This is just my thought process behind why I am going to go long in IEX. Consult with you financial advisor before taking any trades CMP- 152.7 Target - 300 SL - 117 R:R - 4.1
Indistance at 15.1775. if break close, retest expecting bullish..
# Dexon technology small range break in chart time spend break out fast move stocks
#Bajaj-auto cash -Positional for 2-3 days 17.01.2024 Looks good sell below 7140 SL 7170 Tgt 7112/7086 Cmp 7165
On 1h TF TIA is pulling back to support zone around $17.2 This level is supported by Ascending Trend Line and Previous High Wait for rejection around this level
On day chart ELGD has created imbalance around $65. Besides, ELGD's in consolidation phase $48 - 60 The previous signal when ELGD closed below $55 that is signal for reversing if price can't close above $73 So I think ELGD pullback to higher then drop to Golden Ratio at $40 Wait for next move
Education Purpose Only Fundamentally Strong Stock... Good Revenue, Net Profit, etc Huge Share Holding by FII - Foreign Institutional Investor
Education purpose Only.. Strong Breakout with Good volume.. Above 20 Ema..
as per market situation we dont know where market go up or down but we can follow this levels
As per Market Situation We dont see any good levles for bank nifty if markert break 4600 then more fall maybe came
#PCBL #breakoutstocks #vcppattern #trendingstock PCBL : Weekly Chart (1-3 Month) >> Breakout Candidate >> Trending Setup >> Repeated VCP Patterns Visible >> Volumes Building up >> Good Strength in stock Swing Traders can lock 10% profit & keep Trailing
Balkrishna Inds Cmp 2480 dated 21-12-2023 1. Bullish Piercing Candle @ support (Reversal) 2. RSI reversal Buy above 2486 target 2540-2575-2590-2620-2650 SL 2425 It is just a view, please trade at your own risk.