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Supportresistace

GODREJAGRO - 7 YEAR BREAKOUT (MADE GOLDEN CROSSOVER)Hi All, This idea is about Godrej Agrovet Ltd Fundamentals Mkt Cap - 15600 Cr Sales - 9561 Cr Mktcap/Sales - 1.63 PE - 43 ROE - 15% ROCE - 13.6% Promoter Holding Increased Technicals On the weekly chart, golden crossover is observed where 50 SMA is crossing over 200 SMA which is a positive sign. Price action has broken the resistance zone marked convincingly with healthy volume Observe how moving averages align & expand sequentially eliminating any high volatility in stock. Hope you enjoy this trade, Happy Trading, Thanks, Stock-n-Shine
NSE:GODREJAGROLong
by Stock-n-Shine
BIG Bounce Or Fall? Banknifty Simple Analysis for tomorrowRecap: As mentioned yesterday's analysis Bank nifty started with fake break out after firing 2 strong bullish candle on 15min & then a sudden dip trapped many players. But still strong support 46900 helped saved bulls to reach again for a breakout but failed & BN closed at support 46900. Analysis for Next Day: Bears have started dominating as seen today bulls failed to break 47200-47300 level twice also confirms bears presence more then bulls. Again mentioning bullish presence is strong above 47300. Trend line support has also been broken in last 30 min session today & closed at support. if BN open below 46900 this can be bearshish move. Keep eyes on opening print. Bulls can bounce from daily resistance if gap up opening is seen & for momentum they need to cross 47300. Looks like may be it will a sideways day tomorrow. Support : 46900,46700 Resistance : 47100,47300 Note : Do your own analysis before making any trade decesions.
NSE:BANKNIFTY
by Price_actiontaker14
NIFTY BANK 1DTechnical Analysis of #NIFTYBANK based on harmonic xabcd pattern & on support and resistance . 43500 is the very strong resistance & all time high for #NIFTYBANK on daily time frame we should buy above 43500 and previous level candle closing for the target of 44000 and for 44500. #NIFTYBANK 1st support 42600 ,2nd support 41900 and 3rd support 41300. we should sell below when 42600 level break's for the target of 41900 & for 41300. All the information shared in this chart is provided for strictly educational purposes only. This chart is sharing information are based on the theory of technical analysis . This is not an offer to buy or sell stocks, futures , options, commodity, forex, interests or any other trading security. Back test yourself before jump into live market consult your financial adviser and use proper risk management.
NSE:BANKNIFTY
by YASH-CHITKARA
nifty sharp fall in sharp downward channel done 50% fibnifty moving down in sharp downward channel.. today done 50% fib near 16900 next fib 61.8% comes near 16600 Till its in falling channel.. bears power will continue... sell on rise till its below 17190... FII is selling heavily.. and till they turn into buyers... no hopes for sustained upmove last rise of 18115 also came as FII did turn into buy just 2-3 days before the hdfc twins merger event over and they started dumping again.. views are educational..
NSE:NIFTYShort
by MDstockmagic
BANK NIFTY may enter the 40,000 mark soon, with a lot of ease.Bank Nifty looks amazing, as we saw it broke pattern 1 which was a simple channel pattern, As we zoomed in we realized 2nd pattern (marked in purple) which is called the triangle pattern, this pattern has already been rejected two times by sellers in the past(shown in the chart) today Pattern 1 was broken with a huge green candle this shows that buyers are in full strength and we may see a rally very soon this rally can easily break the 40,000 mark. Best of luck to all of you. PS: This post is just for educational purposes, If you have any doubt feel free to reach out.
NSE:BANKNIFTYLong
by Pratik_Barchha