The chart is self-explanatory and shared chart for educational purposes. Bank nifty is trading above the moving averages of 50MA, 150MA, and 200MA. And also trading above the supply zone. Triangle breakout with retracement; can expect with an uptrend.
ITC breaking long term #resistance with huge volume trading above 20 ema educational idea only
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:IRCTC On the Daily chart it is forming a bear flag and a new upleg has been started after failing the breakdown from the support trendline. - The blue line shows the major downtrend line and now after its breakout, the price again came to test the breakout zone And reversing from there. -Closed with good volume around highs -Trading above 200 EMA - The...
Dear Followers, I hope this message finds you well. I wanted to share my swing trade view on NSE:PETRONET with you. I've analyzed the chart and identified some potential opportunities that I believe align with our swing trading strategy. Stock: NSE:PETRONET Holding Time Frame: 90 Days Entry Point: 193-195 Stop Loss Point : 180 Target Point:...
NSE: MAZDOCK is closing with a bullish consolidation breakout 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 13% gain...
Dear Followers I Hope this message finds you well. I wanted to provide you with an update on the stock NSE:AWL you've been following. The stock has recently taken support at a key level, indicating a potential opportunity for a short-term trade. my analysis suggests that there might be a favorable entry point for a short- Term position. Stock Name- NSE:AWL...
After a trending bullish month in November and closing above all time high of 22222. Nifty may see a sideways to bullish in the month of December. With no resistance on the left hand side ,1st immediate resistance is 20348-20350(monthly camarilla 2nd level resistance pivot) If breaks 20350 and sustained it then next level that can be seen is 20460(monthly...
In this video, we'll discuss about Today's Market Analysis in Nifty and other segments too. Also will Discuss about Option Chain. Whether you're a seasoned trader or just starting in the stock market, this video will help you in Learning about Market. Let's get right into it! ✅I hope you liked the video. Be sure to hit that LIKE and Follow button and drop a...
1. Multiyear breakout done 2. Retracement to support done 3. Created Flag pattern on Weekly charts 4. Breakout of Flag Pattern 5. Fundamentally strong company Excellent Risk:Reward Entered at 2100 Stop Loss - 1900 Target 1 - 2400 Target 2 - 2700
Buyers defended 300 Level 5-6 times. Great entry above 350. Stop below 300. Target 500. which makes a decent Risk:Reward of about 1:3 - 1:4 One of the Largest Ethanol Player. Net debt free company PAT CAGR 30%++ Revenue CAGR 25%++ ROCE 20%++ Not a recommendation.
Bandhan bank rally is still long due breakout is near and then will boom lot of upside remaining
beautiful breakout can lead to a long bull run. Triangle breakout and also flag breakout at the end very strong conviction.
Praj Inds Cmp 540 dated 27-10-2023 1. Morning Star Candle @ support 2. RSI Divergence Buy above 545 target 555-565-580-590-600 SL 520 It is just a view, please trade at your own risk.
Ind Hotel Cmp 382 dated 30-10-2023 1. Reversed from near support 2. RSI reversal Buy above 383 target 388-398-408-415-425 SL 370 It is just a view, please trade at your own risk.
Siemens cmp 3424 dated 8-11-2023 1. Triangle BO @ 3430 Buy above 3430 target 3465-3490-3550-3600-3630 SL 3375 It is just a view, please trade at your own risk.
Bharat Forge 1062 dated 15-11-2023 1. Triangle Pattern BO @ 1075 2. Higher Lows 3. RSI BO Buy above 1065 target 1075-1085-1100-1125- 1150-1160 SL 1020 It is just a view, please trade at your own risk.