Today, Banknifty opened gap down around 600 points and in the last hour it forms some green candles and close near 36700.
Flat opening - If it moves up and go near 36900 and 37000 will look for selling on any negative price action. Sell on 5 min red candle with high of the candle will be SL and target will be 1:2.
Gap up - Wait for negative price action...
Polycab is on the verge of breakout..!
It was trading in the box for a long time now it's ready for its next move.
Expect around 10 to 15% from CMP of 2600..!
Technical Analysis is the study of price and trend changes in Commodities, Stocks, Futures and various other market instruments. The price changes are primarily evaluated by
various indicators, oscillators or trading systems to give a trader an edge in trading. Technical analysis is not a perfect science by any means, but it does have certain characteristics,...
I am expecting retracement in NSE:NAVINFLUOR
There are multiple reasons such as -
1. Navin Fluorine is at the Supply zone. The stock fell almost 18% previously at this zone , and we can again expect some sellers to build short positions.
2. Trendline resistance: We can clearly see in the chart that the stock face some resistance previously at the...
On Jan 27, when the stock was at 376,
this is what was suggested
The stock gave ample opportunity to buy.
Today JSPL has made a high of 444.80
That is 18% ROI in about 15 days.
CMP 438 (16.5% approx)
Profit booking can be considered
Just following SImple Technical Analysis and results are in front of you
Happy trading....!!!
(P.S: The credit here...
Dear Traders,
Looks like triangle pattern is forming in NIFTY, market is preparing for big future moves. Selling may continue till gap and previous resistance zone.
Have a good day Traders.
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...
Dear Traders,
Good afternoon, This gem is consolidating from past 3 moths. also the range is getting small each moth. Moreover, in market crash this stock took support and didn't fell like every other stock. You can buy it 50% now and 50% after good volume SL should be below trendline. Please do your analysis before taking any decision.
Eduction purpose only not Trading , i am not responsible for any loss
HAL took Breakout from Triangle pattern I believe it will reach target i mentioned
Dear Traders,
Please find this fundamentally strong stock a huge winner in short term. As it is consolidating after giving goods returns. Also, after breakout selling pressure is minimal in front of bulls. Put your stop loss as per your risk capacity. I would personally wait for good RR ratio.
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 @...
