NSE:IDFCFIRSTB formed Hammer on on Daily TF taking support on 21 ema. The stock is above 21 ema from past 6 months, and it bounces from 21 ema as it touches it. Entry : 94.55 Target : 100.25/104.5 SL : 88.85 RR : 1/1.75
Pattern : Consolidation. Range : Medium. Trend strength : Normal. Buy Above : 19540. Stop Loss : 19510. Targets : 19580, 19620 and 19650. Sell below : 19460. Stop Loss : 19490. Targets : 19430, 19400 and 19360. Check the live market updates. Hit the like button to Rock !! Show some energy !! Note : This is my pre market analysis and my trading journal. Not a...
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...
Detailed View about this Breakout: No.of Resistance: 7 No.of Support: 8 Consolidation days : 850+ days I Post educational chart for 3 Swing / Potential Stocks Everyday. Check Related Ideas section for more Swing Stock analysis.
Nifty Bank - In Bearish Price Trend - A "bearish price trend" refers to a market condition where the prices of financial assets, such as stocks, commodities, or currencies, are generally moving downward over a sustained period. It indicates a prevailing negative sentiment among investors or traders.
Strategy : Trend Lines and Support /Resistance Support : 19330-19480 Resistance 19610 Entry levels: In the last week, Nifty could not hold the 19860 levels and fell sharply to the 19650 levels on wednesday and the previous week expiry touched 500 levels, but, closed around 19630 levels. We still see the selling pressure in nifty window and could not cross...
Forming Reversal Chart pattern on Daily time frame - A reversal pattern in technical analysis is a chart pattern that indicates a potential change in the prevailing trend of a financial asset. These patterns suggest that an ongoing uptrend or downtrend is losing momentum and may be about to reverse direction. Traders and investors use reversal patterns to...
Nifty Spot Actionable Idea #Current Price- 19542 #Resistance- 19553 #Support- 19529 #Target 19594 And 19634 we can expect after a break of Resistance #Target 19486 And 19444 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...
Technical Analysis on Silver : - As discussed in the last week, silver is in bullish channel. A Bullish Channel is a technical chart pattern that represents an upward price trend with clear boundaries or channel lines. As clear shown in the attached chart price is moving in upward direction with clear channel lines. Follow the attached charts for more analysis.
Weekly Technical Analysis of Gold MCX Futures : - As discuss in the previous week's Technical analysis, Gold is following a strong bullish price action, with good volume followed by breakout on daily chart. In last week our first 2 positional targets achieved. We are still into a bullish territory over the charts for gold.
Bank Nifty Actionable Idea #Current Price- 43723 #Resistance- 43797 #Support- 43663 #Target 43908 And 43999 we can expect after a break of Resistance #Target 43556 And 43452 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...
Trendline Breakout in 15min ....SELL BELOW 29868 SL 30030 TGT 29703/485/249/147
The MTARTECH is the perfect price action set-up in the current location, this is [erfect example of the Price action brackout and than Pull-back now your can this is Good risk rewad set-up. I am bullish on this share at current price action
It was excepted sideways on 20 oct friday, and market was going as excepted. Banknifty has made an uptrend in 15 min time frame as you can see in this I usually do scalping in day trading in 1min chart And after that I also do scalping in 15min time frame after 10:30AM I'm expecting the Banknifty to not be much volatile on Monday 24 oct
The zone of 3463 to 3406 has been crucial for the stock and is majorly responsible or influencing the momentum of the stock . TCS can come close to 3406 and should rebound immediately
#Nifty spot view 22.10.2023 Good support at 19500 levels Cmp 19542
Banknifty has crossed the previous week low and closed losing 560 points lower on the weekly charts. It has closed below the 20 ema of weekly charts which signifies some negativity in the market. The market now has a support level around 43400 as it has started trading below the previous low formed by banknifty. On the daily charts, the market has form an...