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Supportandresistancezones

METROPOLISMETROPOLIS get trail of another one study of my bottom fishing scanner this name is eRHr buy at LTP . trg is 1) 1700 2) 1800. 1) good support zone . 2) technically swing trading set up 3) and last one is "my efforts " .If You LIKE MY Idea …please…Boost its for motivation for study . for MORE check in my TradingView ID “Disclosure : I am not Sebi-registered.” This channel is for only educational purpose. Any profit/loss, I am not responsible. Before taking any trade on our charts /calls , please consult your financial advisors. Thank you
NSE:METROPOLISLong
by asAMOLSUTAR
1
18 Jan ’24 — BankNifty bounces of from the support @ 45399 😔BankNifty Analysis - Stance Bearish ⬇️ What happened with BankNifty today was more or less as per the script. The opening 4mts gave us some idea of what to expect, the reason being the bounce from 45399 support. Even though the opening was gap-down, adequate selling pressure was not there to take out the support level. Ideally, it had to be taken out via the gap itself - and that did not happen. 4mts chart BN impressed with a midday rally of 747pts to close the gap. Later it gave away 58% of those points to close at 45762, down 350pts ~ 0.76% vs yesterday. We would not know how long this correction phase persist, deep down - we prefer to see a broader bear rally. There is a thing or two about the bear market. Have you seen videos of how Bear catches fish in the river? It goes to those areas called rapids where the Fish has to jump to escape the current. The bear has to just stand at those levels with his mouth wide open - the fish automatically goes straight in as it cannot maneuver mid-air. Bear market price action is more or less similar - the retail traders are helpless and out of the driving seat. If they survive, it will just be at the mercy of the big boys. 63mts chart The stance is still bearish and the first target is 45399 and it has to be taken out pretty soon. The longer we wait out, the dip buyers will re-emerge. Other support areas nearby are 44542 and 44068 - if the momentum carries, then we should be testing them this month itself.
NSE:BANKNIFTYShort
by viswaram
EMAMIPAPThis a symmetrical triangle pattern but is good support zone for buying point my side . entry that point and trg is 1st 130, 2nd 140. SL is always paid .If You LIKE MY Idea …please…Boost its for motivation for study . for MORE check in my TradingView ID “Disclosure : I am not Sebi-registered.” This channel is for only educational purpose. Any profit/loss, I am not responsible. Before taking any trade on our charts /calls , please consult your financial advisors. Thank you
NSE:EMAMIPAP
by asAMOLSUTAR
Anupam Rasayan - Inverse H&S Breakout on Weekly ChartChart patterns are the most loved trading strategy among traders. There are different kind of patterns traded in stock market. One of which is inverse head and shoulder - a trend reversal pattern. Upon formation of this pattern the stock trend get reversed. Generally if the stock is in consolidation phase then this pattern is seen. Now here I have observed inverse head and shoulder pattern formation in one of the chemical manufacturing company in India named Anupam Rasayan India Ltd. On closely observing the chart, I found that the stock is in downtrend since May 2022 after making a high of 1234 and remain in downtrend till Oct 2023. Now the fresh uptrend in the stock is supported by inverted head and shoulder pattern which signifies that the stock can continue the uptrend in coming months. The targets for this stock can be found by projecting the depth of head just after the breakout which comes around 1320. Also the stop loss for this trade can be put at the depth of right shoulder which is around 990. Disclaimer: The stock shared is only for educational purpose and does not hold any buy or sell recommendations.
NSE:ANURASLong
by Vipin_Dixena
CAMLINFINECAMLINFINE Symmetrical Triangle Pattern Actually this chart pattern is very beautiful. Technically, while doing analysis, entry is taken after breaking the high or low of the retest after the breakout. But it has been observed that this pattern brings a lot of money. Targets are met. So it is important to be patient for some time. However, what I think is that if the market gives a positive response by buying, then there will be a bullish signal and the targets will be 10%, 15%, 20%, 25%. for MORE check in my TradingView ID If You LIKE MY Idea ……Boost………….. its “Disclosure : I am not Sebi-registered.” This channel is for only educational purpose. Any profit/loss, I am not responsible. Before taking any trade on our charts /calls , please consult your financial advisors. Thanks [/b
NSE:CAMLINFINELong
by asAMOLSUTAR