Nifty 50 important levels for intraday on 15 min timeframe for 14/08/2023
In the Weekly Chart of FIEMIND , we can see that; it has given Cup & Handle breakout. Let it retest and then Enter with SL and Target.
In the Weekly Chart of GLAXO , we can see that; After W pattern breakout it has given Cup & Handle breakout. Let it retest and then Enter with SL and Target.
In the Weekly Chart of HINDPETRO , we can see that; it has formed a Hammer Candle on Support Trendline. Possible momentums are shown in chart. Enter on breaking its HIGH with LOW as SL.
In the Weekly Chart of PAGEIND , we can see that; 3 weeks ago the chart was shared on formation of Bullish Hammer Candle. It has given a good up move of 10% in 3 weeks. Let it retest the Fibo Level as shown in chart and GO long.
In the Weekly Chart of ASAHIINDIA , we can see that; Decision making Candle is formed near Trendline breakout. Possible momentums are shown in chart. Enter on breaking its HIGH with LOW as SL.
In the Weekly Chart of NAZARA , we can see that; it has multiple rejections at 740-750 level. Possible momentums are shown in chart.
In the Weekly Chart of SCHAEFFLER , we can see that; Decision making Candle is formed near Trendline breakout. Possible momentums are shown in chart. Enter on breaking its HIGH with LOW as SL.
In the Weekly Chart of BAJFINANCE , we can see that; it is coming to retest the Parallel Channel Line. Let it form a Bullish Candle on channel then we can enter with SL and target.
In the Weekly Chart of HAVELLS , we can see that; Decision making Candle is formed near Trendline breakout. Possible momentums are shown in chart. Enter on breaking its HIGH with LOW as SL.
In the Weekly Chart of ORIENTELEC , we can see that; after channel breakdown, Decision making Candle is formed near Big Cup & Handle Trendline breakout. Possible momentums are shown in chart. Enter on breaking its HIGH with LOW as SL.
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...
Nifty Levels 19560 Above Long Targets 19600,19625,19650,19680 19490 Below Short Targets 19465,19440,19400 19600 Area if you find any negative price aciton play short to mentioned targets
BankNifty formed a head and shoulder pattern on macro levels,if pattern breaks 2000 points downside opens for comming week. (Play reversal at 44700 if you find any negative price aciton to downside) For Friday Levels 44700 Above long Targets 44800,44925,45000 44400 Below Short Target 44250,44150,44050
Nifty Spot Actionable Idea #Current Price- 19543 #Resistance- 19587 #Support- 19507 #Target 19641 And 19685 we can expect after a break of Resistance #Target 19441 And 19392 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- 44541 #Resistance- 44605 #Support- 44456 #Target 44703 And 44786 we can expect after a break of Resistance #Target 44368 And 44283 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...
Apollo Hospitals at demand looking good to go long 925 above targets mentioned on chart.Good risk reward at current stop loss below 900 risk is there 25 pionts do your analysis before taking entry.