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 Spot Actionable Idea #Current Price- 18755 #Resistance- 18788 #Support- 18730 #Target 18827 And 18858 we can expect after break of Resistance #Target 18685 And 18650 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- 43633 #Resistance- 43699 #Support- 43578 #Target 43802 And 43863 we can expect after a break of Resistance #Target 43520 And 43451 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...
Nykaa share has been under constant beating from its listing. Currently, the share is consolidating and it might form a double bottom pattern to bounce from 120-125 levels. RSI is already forming higher lows. The major resistance is 145-150 levels above which the stock might show signs of reversal. Idea shared is not a recommendation but just for educational purposes.
Route is looking strong if it gives daily closing above 1400 for minimum targets of 1600. Q4 results have bettered the estimates. Also, stock has recently given bounce from strong support trendline. Kindly trade as per your own analysis!
Exide looks strong on weekly chart by breaking falling trendline resistance with good volume jump and breaking Bollinger upper band too and gives a bullish closing on above both so that we can see coming bullishness in this counter. Cause of long-: 1- Falling resistance breakout. 2- Bollinger bands breakout. 3- Volume breakout.
Graphite Cmp 375 dated 2-6-2023 1. Three White Soldiers Candle Stick (Bullish) 2. Price Rise with Volume Rise Buy above 381 target 395-415-450-485-535 SL 340 It is just a view, please trade at your own risk.
IEX is at demand zone last time it took support in this area rallied up nicely to upper levels good stock to buy at lows. Buy at Current market price or 130 stop loss 120 (Keep 5 points for buffer on stop loss) Target 1 150 Target 2 180 Target3 200 Target 4 220 Target 5 250
Nifty Trade set up Bank nifty Set up nifty looking bearish for tuesday 20 june 2023 levels to watch 18800 resistance bank nifty Cmp 43800 resistance 44000 Support 43500 belwo than can show 43000 overall bearish view
Dear All, Even after making a high of 18881.45 yesterday, Nifty had somehow failed to crossover the level of 18888 that we had stated on the 14th of June, 2023 as well as yesterday. Moreover, as per the Day chart setup, we can now observe the formation of a Dark Cloud Cover, which being a bearish indicator can bring some weakness in the Market as...
There is breakdown after a consolidation and stock seems weak. Stock is recently rejected 52 week high which is another sign of weakness in stock we could see further down side move in near term.
Multiple signals indicating strong buy. Strong support at S5 level Full Green candle followed by green dogi after side ways around LBB Crack
Jindal Steel Cmp 520 dated 26-5-2023 1. Morning Star Candle @ Support (Reversal Candle) 2. RSI Reversal Buy above 523 target 535-550-560-580 SL 500 It is just a view, please trade at your own risk.
* Analysis: Beautiful Range Breakout on a Daily & Weekly Candles for Alembic Pharma. * Also the Stock has broke and moved above 200EMA on daily candle this month as is sustaining the same. * One can plan a good 1:1 and 1:2 trade initially keeping the last swing low. * The stock might face a little resistance while trying to move above 200EMA for weekly candle. *...
NIFTY Intraday Trade Setup For 20 Jun 2023 Buy-Above 18800 Sl-18750 T- 18890 18975 Sell-Below 18715 Sl-18765 T- 18649 18580 NIFTY has closed on a bearish note with 0.37% cut today. It was in a selling mode since the 1st candle. Sell triggered below 18805 and hit our 1st target very smoothly. Trade gave more than 80 points gain. Index is sideways inside the...
BANKNIFTY Intraday Trade Setup For 20 Jun 2023 Buy-Above 43760 Sl- 43655 T- 43935 44115 Sell-Below 43500 Sl-43605 T- 43268 43068 BANKNIFTY has closed on a bearish note with 0.69% cut today. It was in bear's grip from the 1st candle onwards. As we have given a breakdown of the rising wedge pattern in hourly TF. 43930 is our short level as per this. Now it should...
Detailed Analysis has been posted in my YouTube channel. Do follow and subscribe if you like the analysis. I expect the market to be Bullish tomorrow. Trade or invest according to your analysis. This is just my view. <----- 3MRT Trading ----->
Detailed Analysis has been posted in my YouTube channel. Do follow and subscribe if you like the analysis . I expect the market to be Bullish tomorrow. Trade or invest according to your analysis. This is just my view. <----- 3MRT Trading ----->