Banknifty closed near trendline Marked the levels if price breaks the trendline tomorrow. If price breaks the trendline then it can be a potential buy option where the first target would be 200 EMA line. Cheers
daily chart of nasdaq 100 has broken a crucial support of 15294 and now a bear run is expected at the wall street which would have a similar impact on dalal street as well
Banknifty tested lower levels but has closed in the same range as the previous 2 days. On the hourly charts, it has again closed between both the moving averages. It gained 200 points in the last hour signifying some bullish movement in coming days. Both buyer and seller took charge today. Seller where in control in the first half of the session but buyer pushed...
A clear bullish engulfing candle and a dragon fly doji on the daily charts shows some bullishness in the indian markets. Nifty has given a U shape recovery today, after crossing 19530 levels market looked good for selling but it reversed after 100 points fall from the day high. Today's market was totally unpredictable as it started consolidating after the fall...
Hi All, Hope all are doing great. Last 3 days nifty traded in the rising channel which eventually broke today opening itself. The channel target also achieved. Exactly from there it took support and closed the day near the channel bottom. If we look closely first time gave gap up near channel bottom. Always trade carefully with proper SL because it’s your hard...
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 With Moody's down graded 10 US banks and warned them expecting a gap dow tommorow. 19600 Above long Targets 19625,19675,19700 19525 Below Short Targets 19480,19450,19400,19380
Bank Nifty Levels With Moody's down graded 10 US banks and warned them expecting a gap dow tommorow. 45100 Above long Targets 45250,45375,45500,45600 44900 Below Short Targets 44800,44650,44475,44300
Nifty Spot Actionable Idea #Current Price- 19570 #Resistance- 19586 #Support- 19560 #Target 19622 And 19646 we can expect after a break of Resistance #Target 19529 And 19502 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- 44964 #Resistance- 45075 #Support- 44923 #Target 45248 And 45358 we can expect after a break of Resistance #Target 44797 And 44644 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...
As per Technical Analysis and volume Analysis Looks Like NSE:UPL Had Taken Support Near 600 Level and if its break 608-610 then Probably it will test 618 and then 625-28 level in coming days. as a trader i am Planning to take Hedge Entry in Mention Stock. Aug series. Buy 610 PE Near 13 and buy Aug Future Near 610-611, Stop Loss 606, target 615,620,625 Time...
Strategy : parallel Channels and Support /Resistance Support : 19310 19430 19570 Resistance 19570 19640 19700 Short Entries at the top of the channels on return down Long Entries at the bottom line of channels on bounce On break of channels, to follow the trend Disclaimer: For Educational purposes. Not recommendations
Latent View Cmp 375 dated 3-7-2023 1. Triangle Breakout @ 372 (Done) 2. RSI Bo done 3. Price Rise with Volume Rise Buy Above 377 target 390-405-420-440 SL 350 It is just a view, pls trade at your own risk.
Praj Inds Cmp 409.25 dated 10-7-2023 1. Rounding Pattern BO @ 409 Buy above 411 for target 425-435-445-460 SL 385 Pattern target 520 SL 365 It is just a view, please trade at your own risk.
Keep a note of these levels, highly important. In a bull market these are likely be supported. In a bear market, these will act as resistance for next10-20 trading sessions.
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The banking index yesterday outperformed Nifty long oi addition witnessed in derivative dat now need to sustain above 45200 for strong shortcovering move