In the Weekly Chart of GAEL , we can see that, it has given Cup & Handle breakout. Let it retest the Trendline or enter on retest with Candles Low as SL. Expected momentum is shown in chart.
In the Weekly Chart of TCS , we can see that, it might give W breakout next week . TCS alone can bring momentum in NIFTY IT Sector. Enter on W breakout and book profits as per Risk ratio. Expected momentum is shown in chart.
In the Weekly Chart of INFY , we can see that, it has shown a slow and very strong recovery. Last 4 weeks has been Bullish. Next week can be a halt or retest candle. Expected momentum is shown in chart.
In the Weekly Chart of HINDUNILVR , we can see that, it has multiple rejections at 2700-2730 levels. It has now created a Halt Candle. We might see a W pattern breakout in it. If it breaks, enter on breaking its high with low as SL.
In the Weekly Chart of MARICO , we can see that, last 3 weeks has been bullish. Next week can be a halt or retest candle. Expected momentum is shown in chart.
In the Weekly Chart of PSB , we can see that, it is going to give Big Cup & Handle breakout. It might respect the Resistance range one last time in next week then we might see strong momentum in it. Possible momentums is shown in chart.
In the Weekly Chart of HDFCBANK , we can see that, it has taken an up move from 1560 Support Trendline. Expected momentum is shown in chart. I expect it to be around 1900-2000 b year end.
Nifty levels to React 19730 Above Long Targets 19770,19800,19820 19680 Below Short Targets 19660,19630,19600, Check price action on mentioned levels before taking entries.Previous day high,Previous day low , Previous day close are always important mark those levels before start of new session make a habbit of it.
BankNity though it gave good move to upside today closed right at nose of good supply zone which previous kicked down nearly 1000 points to downside in one day(24th Aug reference). Keep on eye on 45000 to 44900 area any negative price action short it target 44770,44600,44400,44250. For long only if sustains above 45100 with good 15 mins candle close then trustworthy.
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...
The market finally has given a nice trending move and has closed 116 point higher. On the hourly charts, nifty took a slight pull back and started moving in the upward direction slow. During the second half it gave the break out and travelled, finding resistance around 19730 levels. A nice bullish candle on the daily charts is showing some positivity and if the...
Nifty Spot Actionable Idea #Current Price- 19727 #Resistance- 19759 #Support- 19684 #Target 19800 And 19846 we can expect after a break of Resistance #Target 19642 And 19593 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- 44878 #Resistance- 44912 #Support- 44779 #Target 45010 And 45114 we can expect after a break of Resistance #Target 44681 And 44568 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...
Short: 977 Target: 909 SL: 1049 Bearing Engulf with high Volume
NSE: BLUESTARCO is closing with a bullish momentum 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 12% gain on...
GMDC has given a strong weekly close above the descending TL (Blue ) and also trading above 10 weeks close. Can expect a move up to 186 and 228. SL 135-137
Description: 📈 ICRA: Seize the Uptrend Opportunity! 🚀 Get ready to capitalize on a promising uptrending stock - ICRA! Here's why this opportunity deserves your attention: Key Points: 📊 Up-Trending Stock: ICRA has been on a consistent uptrend, indicating strong market sentiment in its favor. 📈 Positive Relative Strength (RS): The stock exhibits...