BANKNIFTY ANALYSIS WITH LOGIC: 1. If there's flat opening or gap up and gets reversal from 43465 with strong 15m bearish candle we will short up to 43070 level 2. If there's flat opening and breaks 43465 and 43600 with strong 15m bullish candle, then we will be on buy side. 3. If price breaks 43070 level with bearish candle, then we will continue to short our...
1. Price trading at support 2. Major tend bullish 3. 1:3.6+ RR 4. Price consolidating from June 2022
BANKNIFTY ANALYSIS WITH LOGIC: 1. Considering 43165 as support level we can take long position up to 43340 by maintaining trailing stoploss. 2. If there's flat opening no trades shall be taken 3. If there's gap down and crosses 43070 level we can short our positins up to 42430 level 4. Maintain trailng stoploss while placing trades. Have a safe and profitable...
#Hcltech cash -Positional call 10.05.2023 Looks good around 1070-1075 Stoploss 1040 Target 1112/1140++ Cmp 1080
Nazara Technologies Ltd. It appears that the price has completed a phase of "accumulation" at the bottom of a major downtrend, and the recent breakthrough of the resistance level suggests a potential reversal to a new uptrend. To identify this pattern, traders often look for a Head and Shoulders Bottom formation, which involves three consecutive price declines...
BANKNIFTY ANALYSIS WITH LOGIC: 1. If there's gap down and gets reversal at 43165 level with 15m strong bullish candle we can take long position up to 43525 by maintaining trailing stoploss. 2. If there's flat opening price should cross recent high then only, we will plan for buy side up to 43525 level. 3. If there's huge gap down at 43070 level and forms 15m...
Linde India after a break-out above the level of 4150 can be more strong. Check-in multi-time frame for entry with a good risk-to-reward ratio. stock is holding the 50 EMA level with good support & long trend is upward. keep the stock in your watch list. This is for your educational purpose only.
USDJPY marked the first negative weekly close in four despite Friday’s gains. Following that, the Yen pair remains inside an ascending triangle bearish chart formation comprising multiple levels marked since early December 2022. That said, the RSI and MACD conditions also signal a continuation of the recent rebound within the stated triangle. With this, the top...
Price took support at the major support level and formed a "W" pattern. After the break-out of the "W" pattern price is sustained at the break-out level, and price formation looks bullish. Trade can be executed with a good RR ratio. The above chart is only for educational purposes only. Please don't trade based on the above chart only. Take your informed...
Trade Wisely. We Can Just Predict. Disclaimer: I am not a SEBI registered advisor , so before entering on my view please ask your SEBI Registered Advisor . Profit is your and loss is your.
Having refreshed a multi-month high on the Federal Reserve’s (Fed) dovish rate hike, the Gold buyers appear running out of steam as markets await the US Nonfarm Payrolls (NFP) data. That said, the quote’s repeated failure to provide a daily closing beyond an upward-sloping resistance line from late January 2023, close to $2,068 by the press time, teases the XAUUSD...
BANKNIFTY ANALYSIS WITH LOGIC: 1. If there's flat opening or gap up price should retest 43295 level with 15m bullish candle, then only we will take long position up to 43450 as our 1st target. 2. If that trend continues, we will set 43600 level as our second target by maintaining trailing stoploss. 3. If there's gap down in price and closes below trend line...
EURUSD recently pierced a three-week-old symmetrical triangle as the European Central Bank (ECB) Interest Rate Decision looms. That said, the Fed-inspired run-up impresses the Euro bulls as the pair trades successfully beyond the 200-SMA amid a firmer RSI (14) line and bullish MACD signals. As a result, the quote is well set for rising to the fresh high since late...
GBPUSD pauses a two-week uptrend inside a rising wedge bearish chart formation. The descending RSI (14) line, however, suggests bottom-picking and hence highlights the need for a strong downside move that can break the wedge’s lower line, as well as the 200-SMA level, respectively near 1.2430 and 1.2385. Following that, the theoretical target of rising wedge...
#Jublfood cash -Positional 02.05.2023 Looks good once Sustain above 470.10 Stoploss 450 Target 508/540 (Strong resistance 467-470) Cmp 461.6
#Grasim cash -Cash Delivery Trade. 02.05.2023 Buy above 1750.10 &more around 1700-1715 Stoploss 1650 Target 1940/2100 Cmp 1740
After defying a three-week losing streak, the NZDUSD pair grinds higher as traders brace for Wednesday’s New Zealand quarterly employment numbers. The quote currently pokes the 100-SMA barrier surrounding 0.6190 while also eyeing a one-month-old downward-sloping resistance line, close to 0.6205 by the press time. Given the bullish MACD signals, the Kiwi pair is...
AUDUSD marked negative closings in the last two consecutive weeks ahead of the Reserve Bank of Australia’s (RBA) monetary policy decision. That said, the previous weekly fall could be linked to a downside break of a seven-week-old ascending support line. However, the Aussie pair recently confirmed a short-term falling wedge bullish chart formation. The same joins...