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Technical-analysis

Stock With Good Risk To Reward Ratio.Dear Traders, I am happy to Sharing Good Risk to Reward Ratio Stock. IBREALEST is forming Triangle Pattern from past 5 Months. Also whenever it touches trendline buying happens with good Volume. So, those who missed previous supports will be eager to buy it from here. Caution: Nifty and Banknifty may rest or fall further, so, please consider them while take your positions. Happy Trading Guys. Posting it before 2 Days from Monday so you all can analyse it from your side too.
ILong
by HanumanBhkt
3
Bank Nifty roars, so does India Vix. What Next?NIFTY 50 EOD ANALYSIS 5-1-22 In this post, I talk about the analysis for the day and the trading range for tomorrow. The video discusses with the help of the charts how the indices as well as leading stocks performed during the day and their likely play tomorrow. O 17820.10 H 17944.70 L 17748.85 C 17925.25 EOD +120.00 points / +0.67% SGX Nifty 5-1-22 @ 1830h = -8 FII DII = Not yet available CHART BASED CONCLUSIONS using 5 Minutes Chart Nifty opened flat and then there was a mini sell-off as it tried to trade above the previous close. However, it found support around 17750 and then moved up a 100+ points and found resistance around 17850 and was back to 17800. It then never looked back and made a steady climb to hit the day high and close just below the level and above 17900. Both the indices have made higher highs and higher lows which is a good sign. NIFTY WEIGHT LIFTERS & DRAGGERS Top 5 Lifters contributed = 99 Top 5 Draggers contributed = 45 Net = +54 BANK NIFTY WEIGHT LIFTERS & DRAGGERS Top 3 Lifters contributed = 606 Top 3 Draggers contributed = 00 Net = +606 POSITIVES Bank Nifty has closed comfortably above 37000. Nifty ended the day despite pressure from IT leaders and HDFC, above 17900. Bullishness in Banking & Finance scrips was strong. FIIs have bought in excess of 1,200 Crores. NEGATIVES IT leaders dragged Nifty - Infosys in particular which was a negative yesterday as well. Spike in India Vix as it closed above 17. TRADING RANGE FOR 05 JAN 22 Nifty support = 17400-500 Nifty resistance = 17950-18000-18100 Bank Nifty Support = 36000-200 Bank Nifty resistance = 37800-38000-200 INSIGHTS / OBSERVATIONS The most surprising fact of the day was that India Vix has roared along with Bank Nifty. It is an uncommon occurrence and is signaling that there is panic setting in at higher levels. Could this be on account of the rising Covid related uncertainties? Nifty underperformed Bank Nifty on account of Infosys, TCS, and HDFC. The good thing is that the higher low of Nifty is now 150+ points above. This indicates the underlying bullishness at lower levels. Bank Nifty made a bounce of 1100 points from the day low which is good and that is the reason why it was able to outperform Nifty today. The top 3 leaders contributed 600+ of these indicating that the index wide bullishness was good. Of the top 5 draggers of Nifty, the first 4 are from the IT pack. And all the top 5 lifters of Nifty are from Banking & Finance. So it was Banking & Finance Vs IT. What do you feel about this? Here is the link to the video: youtu.be Thank you, and Happy Money Making! Umesh 5-1-22 NOTE -- This write-up is not a prediction mechanism for the movement of Indices in the Indian markets as the markets are unpredictable in nature. I may refer to many data points in the article but I do not base my view on any of these standalone. In fact, I prefer to react to the price moves than predict the price moves. I also do not review Open Interest. Whatever data points I am using, are all stated in the article. The article title, as well as its contents, can at best be stated as --- This Is How I Read Nifty. I hope I have been able to set the expectations right. ---
NSE:NIFTY
by AVENUESOFINVESTMENT
Nifty Level For Tomorrow ( Price Action Analysis)If Tomorrow market opens flat and taking support 16588 and form a strong green candle go long for 50 -60 Points OR If Market opens Gap Up above 16645 and forms strong green candle go long. Or open gap up on 16645 and faces resistance and taking support on today high then go long If Market Open Gap Down then above 16690 and form green candle go long or level breaks go short go short Nifty Resistance 16650 16700 Nifty Supports 16530 16340 All advice is for educational Purposes
NSE:NIFTY
by Mayurnavhale
Nifty Level For Tomorrow ( Price Action Analysis)If Tomorrow Market open flat and go sideways taking support at 166335 then go long for 50-80 Points or if this level breaks then go short for 100-120 Points Or If Market Open big gap up below 16580 then faces resistance then go short or breaks this level then go long for 80-90 points Or If Market open Gap down above 16336 taking support then go long with a small risk ratio and if level breaks go shorts Nifty Resistance :- 16600 -16800 Nifty Supports :- 16350 -16160 All advice is for educational purposes concern your financial advisor.
NSE:NIFTY
by Mayurnavhale
Bank Nifty Level for Tomorrow ( Price Action ) If Tomorrow market open below 34980 and form big red candle then go Short for 100-150 Points Or If Market Open flat on last day market close and form 15 green candles then go long with small quantity and if 35300 level breaks add more quantity as per your risk management. Or If Market open a big gap down above 34670 and market go long if green candle form Or If Market open big gap up and faces resistance at 35800 then go short with good quantity Bank Nifty Resistances :- 35800 - 36000 Bank Nifty Supports :- 34670 - 34250 All Advice is for educational purposes , concern your financial advisor before taking any investment decision
NSE:BANKNIFTY
by Mayurnavhale
Nifty Level For Tomorrow ( Price Action Analysis)If tomorrow market opens flat then go long if the market takes support 16230 if this level break then go short for 20-50 Points Or If Market Open gap up and breaks yesterday high and sustain go long otherwise go short if 15 red candle low breaks Or If Market Open gap down above 16180 then go long if faces resistance then don't trade only go long if buy signal shown Major Resistance:- 16350 -16450 Major Supports:- 16180 -16000 All Advice is for Educational Purposes Before taking any investment decision concerns your financial advisor
NSE:NIFTY
by Mayurnavhale
Bank Nifty Level for Tomorrow ( Price Action ) If Tomorrow market open gap down above 35760 and sustain then go long if not then short for 100-120 Points if Market open flat and breaks 36200 level and 15 min candle close above 36200 then go long if high breaks for 150-200 Points Or If Market so sideways then only take if the given level breaks ]Major Resistance:- 36200-36700 Major Supports- 35450- 34860 Avoid trade for long if market go sideways All Advice is for Educational Purposes Before taking any investment decision concerns your financial advisor
NSE:BANKNIFTY
by Mayurnavhale
Nifty Level For Tomorrow ( Price Action Analysis)If Tomorrow Market Open Gap Up below 16300 levels and taking support of 16250 then Go Long for 30-40 Point. or If Open Flat then let first break 16300 levels then go long ( Risk should be small reward big) Or If Market Open Gap Down Above 16180 level and taking support then Go Long for 50-60 Points If the Market opens flat and go sideways then let the market touch our given give level ( 16180-16250-16180 )then take proper decisions. All advice for Educational Purposes before taking an investment decision concerns your financial advisor. Nifty Support:- 16250, 16180 Nifty Resistance :- 16310 ,16395 Have a Profitable day.........all the best
NSE:NIFTY
by Mayurnavhale