Exide industry breaking c&H with good volume and rsi trading at ATH 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...
**Support Levels:** 1. 21302 2. 21200 - **Resistance Levels:** - If the market opens gapdown, the 1st resistance is at 21418. **Analysis:** - The support levels at 21302 and 21200 are crucial for monitoring potential downside movements in Nifty 50. - If the market opens gapdown, the 1st resistance is identified at 21418. - A cautionary note is provided to...
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...
Banknifty gave a one sided move today and closed below in last week range if it breaks the immeadiate support of 46900-46950 and sustains it will test lower levels of 46800 to 46600 area again if held at support (46900-46950) may resume uptrend again till next resistance area 47250-47300 area. support 46900-46950 reisstance 47250-47300
**Support Levels:** 1. 47819 2. 47684 3. 47400 - **Resistance Levels:** 1. 48000 2. 48213 3. Significant Open Interest (OI) Resistance at 48000 **Analysis:** - The support levels at 47819, 47684, and 47400 are crucial for monitoring potential downside movements in Bank Nifty. - The resistance levels at 48000 and 48213 are identified, with special...
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...
Gold prices are hovering near 62,064 INR, trapped within a bearish AB=CD pattern that could trigger a further decline in the near future. The pattern's completion at the 161.8% Fibonacci extension level suggests a potential downside target of 59,325 INR. However, a break above the pattern's upper trendline at 63,000 INR could invalidate the bearish bias and open...
NSE: DCMSHRIRAM 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...
Has opened flat and taking support from 21390.00 has sustained above 21390-21400 1.Till now has been a sideways market,may be some cooling after a strong trendy bullish week. 2.If Bank Nifty also start trading above 48000 again,can expect also a bullish momentum in Nifty. 3.If able to sustained above 21425.00,quite possible that 21515/21527 may be seen upside,...
Stock RSI has cooled down on 4 Hour chart.. ADX is already in positive category.. Is it getting ready for the next move.. lets see.
Price gave consolidation break out on friday. 48000 zone will decide the trend direction now. Pattern : Support/Resistance. Range : Medium. Trend strength : Normal. Buy Above : 48040. Stop Loss : 47960. Targets : 48120, 48200, 48280, 48360 and 48420. Sell below : 47840. Stop Loss : 47920. Targets : 47760, 47680, 47600 and 47540. Check the live market...
Price gave slow and steady move on friday. Last hour break out was good. Now price is at trend deciding zone. Pattern : Support/Resistance. Range : Medium. Trend strength : Normal. Buy Above : 21520. Stop Loss : 21480. Targets : 21560, 21600 and 21620. Sell below : 21420. Stop Loss : 21460. Targets : 21380, 21340 and 20300. Check the live market updates. Hit the...
Adani wilmar looking good to long from current levels trend is up and taking support at trend line if it takes out prior candle 4 hour candle long will trigger at 375 stoploss 368 to 366 to upside targets of 400 to 410 for comming days
stock making a trendline 3 time reject on trendline face resistance for if stock open below trendline break trendline after 9:20 it will give good upmove note only for educational purpose
Attached is the Nifty chart showcasing key support and resistance levels alongside the CPR for both daily and weekly timeframes. Support and Resistance Levels: The chart highlights significant support around the 47749 and 47567 mark and notable resistance at 48379. These levels have demonstrated consistent importance in recent sessions. CPR: Daily and weekly...
Attached is the Nifty chart showcasing key support and resistance levels alongside the CPR for both daily and weekly timeframes. Support and Resistance Levels : The chart highlights significant support around the 21300 and 21200 mark and notable resistance at 21600 and 21644. These levels have demonstrated consistent importance in recent sessions. CPR : Daily...
so nifty currently in consolidation phase may correct to mid of the channel and may continue rally later,, next big event is in feb -budget and quaterly results , disclaimer- this is not any investment call or idea , this just my view and it can go wrong ,this is only for educational purposes trade at your own risk :)