NSE: RELIGARE 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 15% to 23% gain on...
After giving all time high of 335 levels we have retest of the same level. Its taking regular support at 50ma. SL T1 T2 on chart
Nazara is a company which develops gaming software. Stock has given good volume breakout from a strong resistance zone. Immediate resistance is 1000 above which stock will fly. As i said, keep this stock in your nazar(watchlist) Risky traders can enter as per my levels for better risk reward. Do follow me if you like my analysis!
HDFCBANK has to fill this earlier gap down to push out of the supply zone, until it does that this gap will act as resistance. Market conditions have improved, keep an eye out for this gap to be filled.
As the market mayhem continues, let us look at the support levels that is likely to end the hear onslaught The simple trendline with Fils retrocement can tell the story.
On Our Harmonic pattern indicator based trade setup take trade as explained below :- Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target , When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early...
On Our Harmonic pattern indicator based trade setup take trade as explained below :- Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target , When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early...
Aarti ind has recently rallied very well from the bottom and now it has been retraced up to .618 levels of the fib and now if it supports from here we can expect a continuation in the rally Disclaimer: The content provided in this chart is for Educational purposes only and should not be considered as financial advice. I am not a registered financial advisor, and...
#Dlf cash -Positional call 23.01.2024 Looks good sell around 755-763 Stoploss 795 Tgt 700-705/652/630 Cmp 739.30
Can expect up to 44% bounce from the current price level
One side fall in the stock has impacted the indices too. HDFC bank, is heavy weight in index, fell 140 point or 8.5% created a sell off. It took a retest of 200 ema and has closed below both the averages. It may give another red candle tomorrow. There stock has closed around a support zone and chance of testing 1500 levels are high. Short position can be...
SBIN is trading around the highs and if forming a bullish flag and pole pattern. For last 3 weeks it is holding on to the higher levels. A nice bullish trade can be capture for a 10-12% move in near future. A nice move it has already given and it can touch another milestone of 700 in this quater. Break out can provide a nice up move in the stock. Positional...
Nifty 50 Support and Resistance Levels (24/01/2024): #### Support Levels: 1. **Support Level 1:** 21,100 2. **Support Level 2 (Major Support):** 21,000 - This is a critical support level. If Nifty 50 trades below 21,000, it might indicate the potential for a significant fall, possibly down to 20,800. #### Upside Resistance Levels: 1. **Resistance Level 1:**...
Bank Nifty Support and Resistance Levels (24/01/2024): #### Support Levels: 1. **Support Level 1:** 45,000 - This is a crucial support level. If Bank Nifty breaks below 45,000 and sustains, it could signal a potential for a significant downside movement, possibly up to 44,400. #### Upside Resistance Levels: 1. **Resistance Level 1:** 45,450 - If the market...
Nifty is currently trading (22032) in 5 of III wave. Soon it will be followed by corrective wave IV. On down side it have a 2 support zone from where it can reverse(21470 & 20950), which can mark the End of IV wave and starting of V wave. As Nifty is rising continuously there is divergence in RSI. This is my 2 Cents. It is for Educational purpose only. Not...
In this video, we'll discuss about Today's Market Movement and Tomorrow's Analysis in Nifty, Banknifty and other segments too. Whether you're a seasoned trader or just starting in the stock market, this analysis will help you in Learning about Market. Let's get right into it! ✅I hope you liked the analysis. Be sure to hit that LIKE. 👍Like | 💬Comment |...
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...