#Nifty spot - View 29.01.2023 Looks weak if breaks only below 17480 Stoploss 17650 Target 17212/16920 Cmp 17604.35
#Banknifty spot -view 29.Jan.2023 Looks weak around 40650-40800 Stoploss 41350 Target 39660/38250 Cmp 40345.30
Symmetrical Triangle Pattern is seen in USD/JPY hourly chart. we can go long if price breakout above the resistance with strong bullish candle. or else we can go short if price breakdown below support with strong bearish candle. Please Like and Follow.
#Bajajfinsrv cash -Positional for 1-2 days 23.01.2023 Looks good above 1345.10 Stoploss 1329 Target 1364/1388 {Weak below 1329 levels } Cmp 1334
#Basf cash -Positional call 29.12.2022 Looks good at 2750-2780 Stoploss 2650 Target 2970-3000/3200/3500 Cmp 2791.05
#Maruti cash -Positional call 24.01.2023 Looks good around 8600-8620 and dips 8500-8530 Stoploss 8400 Target 8950-9000/9300 Cmp 8696
COFORGE W pattern is about to break can look for tp of 4691 with 1:1 risk reward ratio only for long term
Disclaimer There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Wishing You All A Happy & Prosperous New Year 2023 !!! Short Video on Bank Nifty - The last move or idea for year 2022. Last Price - 43115 Trading Strategy Plan A - Important Support Zone 42900-43000 Index taking support...
Levels as mentioned on the chart Wish You Happy & safe trading Views are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk. "Always Respect Risk" Happy Trading Jai Hind Jai Bharat
Chart patterns insist me the above titled opinion. Reasons 1. Muthoot finance has been travelling in a expanding triangle pattern from 2015. 2. Till now, its respecting the pattern by taking support and resistance at perfect levels. 3. Currently it is in downswing inside the pattern. 4. It may take take support at the Major support (GRENN LINE 800 LEVEL )...
Gold buyers appear to run out of steam as traders await the key advance US GDP for Q4 2022, following the five-week uptrend. A one-month-old rising wedge formation joins recently sluggish oscillators to tease the metal sellers. However, a clear downside break of the $1,917 support appears necessary to confirm the bearish chart pattern, which signals a theoretical...
#Bandhanbk cash -Positional call 23.Jan 2023 Add 50% above 250.10 and 50% more above 256.10 Target 274/300 Cmp 248
Powergrid is near the resistance zone, the price is making higher high while the RSI is flat this is clear sign of RSI Bearish Divergence. Entry We can go short when price make strong bearish candle near the resistance zone. Stoploss Stoploss above the resistance zone. Target Target will be the next nearest support zone. Please don't forget to like this...
#Hindpetro cash -Posiitonal call 11 Jan 2023 Looks good above 261.10 and more above 267 Tgt 295-300/320 Stoploss 235 Cmp 256
#Gnfc cash -Positional call 08.01.2023 Looks good above 590.10 Stoploss 565 Target 628/648 Cmp 587.60
#INFY Cash -Positional call 04.01.2023 Sell only below 1480 Stoploss 1501 Tgt 1456/1424/1404 Cmp 1495
✔Gold was holding 50200 since mid of May. It held this level at three occasions (see chart) but finally broke it in the mid of September. ✔So, a lot of traders who bought at 50200 support, with stop loss underneath this level, were shaken out in this breakdown. Most would have reversed their positions to short. Gold revisited 50200 in a retest attempt and this...
Hi, I personally look for following scenarios while identifying potential tops and bottoms and it works most of the times. For tops: High volume bars with very little progress on the upside Exceptionally wide bars with very high volume For bottoms: High volume bars with little progress on the downside Exceptionally wide bars with very high volume This...