Bank nifty is in range whole week,until break out happens above or below range play the borders, look for Sell at or below area 41600 to 41700 for target of 41300 to 41250, look for buy options at 41300 to 41250 area for target of 41450 to 41600 .No trades in between.
Short Cumming India after gap up it is not sustaining above levels it will retrace to fill the gap and continues uptrend, Short below or at 1570 stop loss of 1580 targets of 1560 ,1550, 1535, and trail till to gap fill.
Stock is at support levels. Buy at CMP and on dips towards 42. Important resistance around 63-68. Once crossed and sustained, the stock may head much higher.... Take care & safe trading...!!! Disclaimer - The view expressed here is my personal view - Past performance is not a guarantee for future predictions - Use this for educational purpose - Any decision...
Price is breaking the long term resistance 340 - 346 and the volume is gaining. Buy above 345 with the stop loss of 336 for the targets 354, 372, 396 and 412. Time duration : 6 months to 2 year. Note : Consult your financial advisor before investing.
PEL Cmp 860 dated 31-1-2023 1. Triangle BO done @ 855 2. Chart making higher lows. 3. RSI BO Buy @ Cmp for target 880-900-925 SL 820 Disclaimer : I am not a SEBI registered Analyst so please do your own Analysis before taking any action. The above view is shared just for educational purpose. By no means shall be responsible for any losses amounting out of it...
NSE:BANKNIFTY when market can give sharp move ? Currently market is trading on 41600 when market consolidate between 41600 to 41700 and then it give breakout of 41700 then it can give 200 , 300 points sharp move so just wait patiently and not take any trade between 41600 to 41700 just wait for proper breakout after consolidation and then take trade
As we can see BANKNIFTY has been consolidating around its neckline of the supposed W pattern, despite opening weak to being negative, it finally reaches and closes around being positive hence any flat to positive opening in BANKNIFTY can show big breakout above but if opens weak then we can see BANKNIFTY remaining sideways to negative throughout the day so...
Stock didn't manage to sustain at 52 week high and has retraced amd closed negative. Will be interesting to watch how it plays out in the coming days as it is maintaining the trendline for quite some time now.
Stock if closes and sustains above 680 then it will heads towards completing rounding bottom at 850 level.
Stock has given breakout from accumulation zone and has completed the retest too. Now the stock looks to be heading towards 760 level for completing rounding bottom.
Stock has given breakout from major supply zone and likely to complete the rounding bottom after giving a pullback or retesting the breakout level.
Stock is a inch away from completing rounding bottom and then might consolidate for a while and then start new leg of upside rally.
PGEL is moving in a wedge pattern for a long time. Now the wedge is compressing and could breakout either side.
The static support and resistance area is marked for everyone to understand the levels of nifty for taking the trades. these lines are marked for identifying the institutional players presence and to take the right trade.
Stock has completed rounding bottom pattern and shall consolidate here for sometime inorder to start new leg of rally.
Stock has closed at the resistence and is yet to give a breakout. A breakout from consolidation will trigger good momentum in the stock for the coming days.
Adani Power looks good to be accumulated at each support for the new ATH. #adanipower #investing #trading #stockmarketindia Disclosure: entered with 1/3rd of my position size today
Stock is near multiyear year support turned resistence level. There is volume activity for the last few weeks too. Stock is coming out of accumulation zone and might head towards completing rounding bottom pattern.