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...
NSE: METROPOLIS is closing with a bullish swing reversal 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 10% to 15% gain on...
SYMBOL - JUBLFOOD JUBLFOOD is currently trading at an important support zone of 450-430. CMP is 440. I'm seeing a trading opportunity here. I'm taking long positions in march futures & 460 CE (CMP 5.95-6) both. I will add more position if getting 432-434. My stoploss would be below 425. I'm expecting a recovery till 470 & 485. Disclaimer - Do not...
💎Paradisers, #ARBUSDT has recently formed a W pattern within a supportive trendline, signaling a potential reversal after the price dipped below previous lows, likely indicating a shakeout of weak-handed investors. 💎 A breakout above the resistant level, coupled with confirmation of the W pattern, would significantly increase the likelihood of a bullish move....
💎Paradisers, #TRUUSDT is currently demonstrating a bullish market structure, characterized by two significant bullish FVG (Fair Value Gap) patterns. Presently, the price trajectory is sharply upward, prompting anticipation of an impending retracement. 💎 As #TRU approaches a minor support level, traders should exercise caution, as this level may serve as a...
💎Paradisers, #CELRUSDT has recently made significant strides by breaking out of a resistive trendline and forming an inverse head and shoulders pattern, indicating a heightened likelihood of a bullish reversal upon confirmation. 💎If #CELR break above the resistant level, it would pave the way for further bullish movement towards subsequent resistance...
💎IDEAUSDT has recently exhibited signs of a bullish market structure, showing characteristics of CHoCH (Change Of Character) and BOS (Break Of Structure). Additionally, it has formed a W pattern, indicating a potential bullish reversal. 💎A breakout above our resistance area would confirm a successful retest and signal further upward movement towards the next...
Daily time frame volume buildup is good enough. Forming cup and handle continuation pattern. 2018 high breakout successful but wait for retest for conformation. Note: I do my analysis, do yours before trade.
For last few trading sessions, market is volatile and is taking the stop losses. Today also the market remained in a range and closed below the daily 20 ema. There is a rejection from the levels and an inverted hammer is formed on the daily charts. If there is a gap up to flat opening and market starts trading below today's low, it can test the lower support...
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...
NSE: RADICO 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 with bullish momentum for the past few days which is indicating demand. One can look for a 8% to 12% gain on deployed capital...
Price is facing resistance at 22140 - 22180 zone. Bullish above this zone. If price did not break the resistance, we can expect a range move between 21900 to 22140. Pattern : Support/Resistance. Range : Medium. Trend strength : Normal. Buy Above : 22180. Stop Loss : 22140. Targets : 22220, 22260 and 22300. Sell below : 22080. Stop Loss : 22120. Targets : 22040,...
The Nifty Index appears poised for a significant shift. Given its current position, there's a risk of it becoming a trap zone. It's advisable to adopt a cautious stance and wait for a clear directional move - either a breakout above resistance or a breakdown below support - before making any trading decisions. This approach minimizes risk and ensures trading...
#Indusindbk cash -Positional call 24.03.2024 Looks good above 1521.10 and dips 1500-1504 Stoploss 1480 Tgt 1560 Sustain above 1560 then 1640++ Cmp 1512
Daily and weekly time frame volumes looks good enough. All time high trend line retest successful. Taking support from 200ema in daily time frame. Note: i do my analysis, do your before trade.
Volume buildup in daily and weekly time frame is signifcantly good enough. Wedge pattern breakout successful and target achieved, wait for the ascending triangle pattern retest for conformation. Note: I do my analysis, do your before trade.
Aarti inds has changed it's polarity on weekly TF. Weekly resistance has turned support. Also as per the current market conditions it did not fall that much and is still respecting it's support. If the market turns a little bullish, this would be a good pick. Tip: It is not a recommendation and is only for study purposes.