Bank Nifty Actionable Idea #Current Price- 44409 #Resistance- 44443 #Support- 44368 #Target 44542 And 44636 we can expect after a break of Resistance #Target 44260 And 44147 we can expect after a break of Support #Execution only after break and close above or below from resistance or support 15-minute candle. #Stop Loss above or below from resistance or...
Hi friends, it is 4 hour time frame chart of ITC Observations-: 1-RSI trending up while price making lower lows. 2-Price completed breakout retest and bouncing from retest zone. 3-Second time price bouncing from same price zone 3-Breakout of Falling trendline. On the basis of above observations i am going long in it. Kindly like if you like my analysis.
Consolidation Days: 800+ Days I Post educational chart for 3 Swing / Potential Stocks Everyday. Check Related Ideas section for more Swing Stock analysis
Nahar industry is about to break it's resistance of 150 on daily TF . Taking support from 20 dema and there is increased tightness in volatility . It can rise upto 200 level in few months.
Tata Consumer Cmp 908 dated 17-10-2023 1. Inverted H&S Pattern, BO only above 921 2. Shooting Star Candle @ Resistance Sell below 905 target 890-880-870-860-855 SL 925 If get reversed than Buy above 928 target 950-965-990 SL 905 Both trades possible in whichever way price goes. It is just a view, please trade at your own risk.
The price declined about 13% from the high of 2631. Also the degree and nature of separation of ema bands indicates a downtrend. If the price is rejected from the level of 2362 then it will continue its downtrend. And for an uptrend the price has to break the resistance zone with momentum. It's important to consider, the long-term band is in the resistance zone....
A bullish Inverted Head & Shoulder Chart Pattern Breakout on the Weekly Time frame of NSE:PARAS Price Action supported by very good volume. The stock is currently in uptrend making higher highs and higher lows. One can add this stock into their stocks to buy list and initiate the long trade as per the levels mentioned on the chart Stop loss will be on a...
After making a low of 168 the price rebounds with a good momentum. Now the price has entered the resistance zone. The breakout of 178 will open the levels of 190. GMMA Indicator for Trend Signs: 1. The degree and nature of separation in the long-term group of EMAs indicates a pause in the long term trend. 2. The degree and nature of separation in the ...
- Resistance Levels: - Initial Resistance: 19833 - If the market opens above 19833, it may become Support for the day. - Support Levels: - If the market opens above 19833, it may make Support at 19833. - Additional Support at 19727. - Further Support at 19684. - Additional Resistance Levels: - Resistance at 19946 - Strong Resistance at...
Description: 📈 SPAL: Seizing Momentum with an Attractive Risk-Reward Ratio! 🚀 Prepare to embark on a profitable journey with SPAL, a stock that's currently on a robust upward trend. Here's why this trade setup is worth your attention: Key Points: 📊 Entry Price (in Rupees): Consider entering the trade at Rs 508.00, positioning yourself for potential gains as...
Description: 📈 MARINE: Seizing the Momentum with a Favorable Risk-Reward Ratio! 🚀 Get ready to ride the waves of opportunity with MARINE, a stock that's currently on an upward trajectory. Here's why this trade setup deserves your attention: Key Points: 📊 Entry Price (in Rupees): Consider entering the trade at Rs 60.00, positioning yourself for potential...
1. ** Previous Market Levels: ** You mentioned that there was an exact rejection from resistance levels, and the market found support at 44371. This suggests that 44371 is an important level to watch. 2. ** Support Levels for Tomorrow (18/10/23):** - 44371 - 44200 - 44120 3. **Resistance Levels for Tomorrow (in the upside):** - 44371 (which was...
Banknifty on the daily time frame has given a red candle after a gap up opening and closing 180 points higher. It opened above the 20 ema but couldn't sustain above the level and closed below the level and constantly faced resistance from 44500 level. On the hourly charts, banknifty traded between both the moving averages, taking resistance from the 200 ema and...
Nifty is still unable to trade above the resistance levels of 19850. After a gap up opening the market came for selling and consolidated around the level. There was a sell off in the second half, taking support around the support level as well as the 20 ema on the hourly charts. Market gave a nice move but there was no follow through in the markets. The markets...
Nifty Spot Actionable Idea #Current Price- 19731 #Resistance- 19752 #Support- 19712 #Target 19799 And 19845 we can expect after a break of Resistance #Target 19672 And 19636 we can expect after a break of Support #Execution only after break and close above or below from resistance or support 15-minute candle. #Stop Loss above or below from resistance or...
Bank Nifty Actionable Idea #Current Price- 44225 #Resistance- 44260 #Support- 44147 #Target 44368 And 44466 we can expect after a break of Resistance #Target 44044 And 44936 we can expect after a break of Support #Execution only after break and close above or below from resistance or support 15-minute candle. #Stop Loss above or below from resistance or...
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...