1. Price taking support of past resistnace
2. Bullish engulfing formation at price reversal point
3. Risk to reward is lucrative
4. Follow candle close for stop loss
looking to enter nov 2500 pe around 50
keeping stop and target open for now
more fall expected in closing below 2510-2490
lets c what happens
disclaimer - trade @ own risk
AXISBANK is currently trading at a big resistance zone that is trying to break it. This Resistance zone has touched 5-6 times in the past but could not breach it.
If AXISBANK breaks this resistance zone it is a very good candidate to go long for target of 1000-1100s .
Entry :- 825
SL :- 722 (Last swing low)
Target :- 1022
Please Note:- AXISBANK is almost at...
NIfty 28 July Expiry Plan...
there is swing from nifty nifty show up momentum
so if market open gap down tomorrow then those buyers
who bought at last swing will get trapped and try to exit
their trade and can take new entry toward sell side
even sellers get start to sell whcch cause panic selling
Silver Making multiple supportive nodes -> 1) Making it weak 2) Might take support to ( thus making it a tradable area )
Learning Pointers
>> Pattern here is Descending triangle
>> Time frame here is Weekly
>> Candle position -> Mother bar : Inside bars on multiple weeks
>> Rsi telling about Divergence of price and relative strength ( Rsi making higher...
If price sustain above the support zone, then we can see a bullish move otherwise a bearish move.
PS- This is for educational purpose only. Trade at your own risk.
UBL is on a multiple time tested support and is also getting several bounces from the 200 ma cluster.
A great swing opportunity can be captured for 15%-20% gains
On daily tf 1485 - 1500 is a well maintained support and the stock has managed to close above that for several times.
200 MA last resort to bulls and shows a good bounce.
Sitting on the BOS & Flip Zone
...
Extreme fear sentiments dominated in the latter part of this week as bears started to command the whole Crypto ecosystem. The total market cap plunged by more than 10% from the high of 2.71 trillion to close the week at 2.27 trillion. With the news flowing in about the new COVID strain, both the traditional and crypto markets plummeted heavily. BTC witnessed a...
Sbilife is making a good price action a good downward momentum stock give the correction.
.
Now stock is testing 1150 levels, so for tomorrow if stock goes below 1150 you can sell this trade.
.
Target would be around 1125.
.
What's your view on this comment below in the box.
SW Solar is looking good at this region and is holding above support zone (350) for 8-10 trading zones.
This looks good accumulation zone for long term investment.
I'm not SEBI registered analyst, this view is only for educational purpose.
Looking at the chart pattern in HDFCLife there are chances that you might see some weakness at these levels.
If levels mentioned on charts are broken provide targets are expected
This is for educational purpose only, I am not SEBI registered analyst
The markets witnessed an exhaustion gap on friday where it ended on red despite opening in green.
The structure of the market however remains bullish.
Trends on sgx nifty show that the market is going to open with a heavy gap down on monday .
The most important support for nifty lies at 17436 .
A long trade in nifty can be initiated at this support with a very...
![AXISBANK: [POSITIONSL] AXISBANK LONG IDEA](https://s3.tradingview.com/7/75e9snsS_mid.png "[POSITIONSL] AXISBANK LONG IDEA")
