Technicaloutlook
CASTROLIND, Technical OutlookCMP - 186.65
Today the price has managed to close above an important level of 185.20.
The price could test the resistance level of 200.65 and if broken then we would see the level of 215.70
Disclaimer : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
PNB, Intraday View for 11-JuneToday we have a gravestone doji candle, which has been formed after a move of 23%.
Also the price is in a compression zone.
The price could test the support level S1-122 and if broken then S2-110.45
Disclaimer : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
PNB, Intraday View for 4-JuneToday we have a gap up opening of more than 4% and the price has closed on the resistance level.
Wait for the price to settle down.
CMP:137
R1:137 | R2:142.90
S1:123.50 | S2:119
Disclaimer : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
PNB, Intraday View for 31-MayAnother Inverted Hammer Candle shows the weakness in the price.
The price is being strongly rejected by the levels of 130.
The probability of a strong bearish candle is more than 70%.
Disclaimer : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
TATASTEEL, Technical OutlookThe price is in a strong down trend. Today's candle has changed the character of price.
The next important level to consider is 162.30 and if broken then the price could test the levels of 158. Also the degree and nature of separation in both bands indicates the price is entering in the compression zone.
Disclaimer : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
SBI Card, Technical Outlook 21MayThe degree and nature of separation in both bands indicates the start of a downtrend.
But the price has been trapped in the Darvas Box. So the breakdown of the box confirms the downtrend. And a short trade with a R/R - 1/3 can be planned with a stop loss of 724 if breakdown happens with momentum.
Disclaimer: This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
NOCIL, Technical OutlookCMP : 263.35
Today we have a bullish piercing candle, which has given the breakout of both bands.
It indicates the start of an uptrend.
Probability on the up side is more than 50%
Resistance : 268
Support-1 : 254
Support-2 : 249
Disclaimer : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
DLF, Technical Outlook 22-MayTrend Negative, Strength Medium
The degree and nature of separation in both bands indicates a negative trend.
The price is trading on the lower side of STMA Band.
The probability of a next negative candle is more than 70%.
Important levels are marked on the chart.
Disclaimer: This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
PNB, Intraday View for 24-MayIt's the 4th time in 2 weeks the price is rejected by the level 128. Now the 128 level will act as a strong resistance. Currently the price is in a negative trajectory. For Intraday I go for a short trade if the price opened below the level of 128 and the trade range is 128 - 125 - 123.50
Disclaimer: This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
US30 - Dow Jones Industrial Average Weekly OUTLOOKPossible US30 Weekly Setup.
We have tapped into supply on the HTF and have seen a change of character in order flow. Possible bullish week for stock indexes following the increase in interest rates by the federal reserve last week.
Week of 7 - 11 November 2022
This is not a signal.