kindly see the levels mentioned on the chart 1. if 166 level breaks then this stock can give good return 2. strictly follow the stop loss 3. use trailing stop loss note- kindly trade on your own risk
BUY - KNR CONSTRUCTIONS CMP - Rs. 253 Target - 1: Rs. 326 Target - 2: Rs. 510 . . Technicals - 1) Flat Base 2) Stock is in consolidation, has 2 major supports, and is likely to hold the current one, given the supply and demand. . . Follow me for more!
EURUSD extends the previous day’s pullback from a seven-week-old ascending resistance line as it pares the weekly gains, the third consecutive one. While the overbought RSI joined the stated resistance line to recall sellers, bullish MACD signals and a two-week-old ascending trend line, around 1.0820, challenge the Euro bears. Following that, the 100-SMA and...
BANKNIFTY ANALYSIS WITH LOGIC: 1. If there's flat opening or gap up price will get reversal either 41135 level or 41260 level, if it gets reversal from these levels, we can short up to 40690 level. 2. If those price breaks 41260 level with strong bullish candle, then only will take long position. 3. Maintain trailing stoploss during trade due to options weekly...
Nifty trading in parallel channel. potential resistance zone is near around 17529-17707 it may test these level soon.
NZDUSD extends the early March’s bearish consolidation inside a three-week-old ascending trend channel as RBNZ announces the 11th consecutive rate increase. More importantly, the New Zealand central bank pleases the Kiwi bulls to renew the 7-week top by a surprise 0.50% rate hike versus the 0.25% expected. It’s worth noting, however, that the RSI conditions...
BANKNIFTY ANALYSIS WITH LOGIC: 1. Considering same levels price must retest 40690 level with 15m bullish candle. then only we will take long side position up to 41260. 2. Don't expect big movement on today intraday session. 3. Consolidation may occur try to maintain trailing stoploss for buyers, 4. If price breaks 40690 level downwards, we can short up to 40420...
AUDUSD stays within a three-week-old bullish channel, poking the upside hurdle, on the RBA day. It’s worth noting that the 200-EMA adds strength to the top line of the state channel, around 0.6815-20 by the press time. Given the firmer oscillator, the bulls are likely to keep the reins. However, a clear upside break of the 0.6820 hurdle becomes necessary for the...
#BankNifty Future Analysis for #Tomorrow 3rd April 2023 As per our #analysis for #BankNiftyFuture, we are expecting these below mentioned Intraday levels tomorrow, kindly check the charts on 15 min time frame and act accordingly. Previous Close (ZERO LINE) : 40833 # BankNifty Bulls can get active above 40917 For the #IntradayLevels towards...
USDJPY marked the first weekly gain in five while luring bulls to cross the 100-bar Exponential Moving Average (EMA). The upward trajectory could also be witnessed by a one-week-long ascending trend channel, as well as a successful break of a downward-sloping trend line from early March. The RSI retreat, however, challenges the Yen pair buyers of late. That said,...
BANKNIFTY ANALYSIS WITH LOGIC: 1. Considering new levels, if there's flat opening price will gets reversal from 40690 level upto 40420 level. if there's any rejection from 40420 level with bullish candle then only, we will take long position up to 40690 level. 2. If there's is gap up in price it should from 15m bullish candle above 40690 level and if there's any...
Here is my analysis on GBPUSD, what do you think? Will it go as have predicted or not?
History repeats itself and that is also true for the stock market technical analysis . In fact, much of the technical analysis revolves around historical patterns which repeats themselves time and again. We will discuss one such pattern in this analysis. Friday was a big day. Market opened with a gap and trended on the upside. How often has this happened in the...
EURUSD braces for the biggest weekly gains since early January even as it eases from a 2.5-month-old horizontal resistance area surrounding 1.0930 ahead of this week’s top-tier data, namely the Eurozone and US inflation clues. That said, a fortnight-long ascending support line joins firmer oscillators to keep Euro pair buyers hopeful of crossing the critical...
BANKNIFTY ANALYSIS WITH LOGIC: 1. If there's gap up on tomorrow session price should from bullish candle at 40390 level. From that level we can set our targets up to 41300 level. 2. if there's gap down or flat opening we must wait until the price reaches to 39645 level and should retrace from that point so that we can take long positions up to 40390 level. 3....
Gold price seesaws around the top line of a five-month-old bullish channel, recently supported by the 10-day EMA. It’s worth noting, however, that the smaller gap towards the north joins descending RSI (14) line and easing bullish bias of the MACD signals to keep XAUUSD sellers hopeful. However, a clear downside break of the 10-day EMA, around $1,955 by the press...
Following its bounce off YTD low, the AUDUSD pair crossed an important resistance line from early February, now support. The Aussie pair’s further advances, however, remained gradual and portray a 13-day-old bullish channel. That said, the quote picks up bids inside the aforementioned bullish chart formation ahead of Australia’s monthly Consumer Price Index (CPI)...
BANKNIFTY ANALYSIS WITH LOGIC: 1. Considering the levels if there's flat opening mostly, we can see range bound market in between 39362 - 39690 levels. 2. If there's gap up above 39690 price should form 15m bullish candle at that level, then only we will take long position up to 39960 level. 3. If there's gap down price should reach 39150 level should get...