Supportandresistancezones
Nifty price action 01.03.2024.The strong rebound from key support highlights elevated
buying demand that makes us retain support base at 21800 as
it is confluence of:
A. 61.8% retracement of current rally 2153 to 22300
is placed at 21823
B. Last week’s low is placed at 21875
C. Lower band of rising channel
As per chart next target would be 22400 and 22670 soon
ICICI BANK - SWING TRADE - 14th January #stocksICICI BANK (1D TF) - Swing Trade Analysis given on 14th Jan, 2024
Pattern: FALLING WEDGE BREAKOUT
- Breakout - Done ✓
- Volume Spike at Resistance - Done ✓
- Retracement & Consolidation - Done ✓
#stocks #swingtrade #chartanalysis #priceaction #traderyte #icicibank
WELSPUN LIVING - Swing Trade Analysis - 11th February #stocksWELSPUN LIVING (1W TF) - Swing Trade Analysis given on 11th Feb, 2024
Pattern: FALLING WEDGE BREAKOUT
- Breakout - Done ✓
- Volume Spike at Resistance - Done ✓
- Retest & Consolidation - Done ✓
#stocks #swingtrade #chartanalysis #priceaction #traderyte #WELSPUNLIVING #stockmarket #sharemarket #viral #sharemarketindia #StockMarketindia #investment
ICICI SECURITIES - Swing Trade - 25th February #stocksICICI SECURITIES (1D TF) - Swing Trade Analysis given on 25th Feb, 2024
Pattern: ASCENDING TRIANGLE
- Volume buildup at Resistance - Done ✓
- Resistance Breakout - In Progress
- Retest & Consolidation - In Progress
#stocks #swingtrade #chartanalysis #priceaction #traderyte #ICICI #stockmarket #sharemarket #viral #sharemarketindia #StockMarketindia
FASP levels for Bank Nifty 01/03/2024The FASP for BankNifty is listed for 01-03-2024. You can add this levels to your trade setup for better results. This should not be the only indicator but an additional tool to increase your winning possibilities.
What is Fibolysis Anchor SupRes Points(FASP)?
It is a unique level arrived by using Fibonacci Retracement , Fibonacci Extension , Standard Pivot levels under various Timeframes. It is an extensively analyzed level to draw the support and resistance levels for the next day. You can use these levels along with your trade setup to increase your winning odds.
Validity of the levels: 1 Day
How to use these levels?
The three levels on both sides are usually easily achievable. The Targets above are bit difficult to achieve in a single trading session. I use this fact to write intraday positions and to buy options.
Color Coding: Green is regular support and buying area, Red is strong exit area
Disclaimer: This is shared in the interest of educational purpose and for knowledge enhancement. Kindly refer it in the same light. I am not responsible for any profits or loss incurred based on this information.
MCDOWELL - SWING TRADE - 6th December #stocksMCDOWELL (1D TF)
Swing Trade Analysis given on 6th December, 2023 (Wednesday)
Pattern: REVERSAL FROM SUPPORT TRENDLINE
- Volume Spike Buildup Near Support - Done ✓
- Moving back to Resistance - In Progress
#stocks #swingtrade #chartanalysis #priceaction #traderyte #mcdowell
BHARAT DYNAMICS LTD - Swing Trade - 5th February #stocksBHARAT DYNAMICS LTD (1D TF) - Swing Trade Analysis given on 5th Feb, 2024
Pattern: FALLING WEDGE
- Breakout - Done ✓
- Volume Spike at Resistance - Done ✓
- Retest & Consolidation - Done ✓
#stocks #swingtrade #chartanalysis #priceaction #traderyte #BDL #stockmarket #sharemarket #viral #sharemarketindia #StockMarketindia #investment #stockstowatch
GLENMARK LIFESCIENCES - Swing Trade - 18th February #stocksGLENMARK LIFE SCIENCES (1D TF) - Swing Trade Analysis given on 18th Feb, 2024
Pattern: ASCENDING TRIANGLE
- Volume buildup at Resistance - Done ✓
- Resistance Breakout - In Progress
- Retest & Consolidation - In Progress
#stocks #swingtrade #chartanalysis #priceaction #traderyte #glenmark #stockmarket #sharemarket #viral #sharemarketindia #StockMarketindia
INDIABULLS HOUSING FINANCE - Swing Trade - 25th February #stocksINDIABULLS HOUSING FINANCE (1D TF) - Swing Trade Analysis given on 25th Feb, 2024
Pattern: SYMMETRICAL TRIANGLE
- Resistance Breakout - Done ✓
- Volume buildup at Resistance - Done ✓
- Retest & Consolidation - In Progress
#stocks #swingtrade #chartanalysis #priceaction #traderyte #IBULHSGFIN #stockmarket #sharemarket #viral #sharemarketindia #StockMarketindia
FORTIS - Swing Trade - 22nd February #stocksFORTIS (1D TF) - Swing Trade Analysis given on 22nd Feb, 2024
Pattern: RECTANGLE BOX
- Volume buildup at Resistance - Done ✓
- Resistance Breakout - In Progress
- Retest & Consolidation - In Progress
#stocks #swingtrade #chartanalysis #priceaction #traderyte #FORTIS #stockmarket #sharemarket #viral #sharemarketindia #StockMarketindia
NIFTY50 - Levels Marked Out - 22nd February #indicesNIFTY50 Update - 22nd Feb, 2024
- Lots of Volatility
- Levels marked out to get an understanding of the movement
- Keeping the Risk Management in Play till a clear indication of reversal forms out
- Don't overthink the trades, but instead flow with the trend of the market
#nifty50 #indices
EPIGRAL - Swing Trade - 18th February #stocksEPIGRAL (1W TF) - Swing Trade Analysis given on 18th Feb, 2024
Pattern: SYMMETRICAL TRIANGLE
- Volume buildup at Resistance - Done ✓
- Resistance Breakout - In Progress
- Retest & Consolidation - In Progress
#stocks #swingtrade #chartanalysis #priceaction #traderyte #EPIGRAL #stockmarket #sharemarket #viral #sharemarketindia #StockMarketindia
SUNTECK REALTY - SWING TRADE - 10th January #stocksSunteck Realty (1D TF) - Swing Trade Analysis given on 10th Jan, 2024
Pattern: Ascending Triangle Breakout
- Breakout - Done ✓
- Volume Spike at Resistance - Done ✓
- Retracement & Consolidation - In Progress
stocks #swingtrade #chartanalysis #priceaction #traderyte #sunteckrealty