JIOFIN // LEVEL // 3H"Welcome to SkyTradingZone "
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Let's dive into the 3-hour candlestick chart for Jio Financial Services (JIOFIN), a fintech company focused on digital financial services.
Here are some key insights based on the 3-hour chart:
Current Trend: JIOFIN has been trading in a strong uptrend over the past few hours, with a sharp increase in price.
Resistance and Support: The stock has a strong resistance level at around ₹440-450 and support level at around ₹400-410.
Bollinger Bands: The Bollinger Bands are expanding, indicating increased volatility in the stock.
Momentum: The RSI (Relative Strength Index) is above 70, indicating that the stock is in an overbought zone.
Trade!
BG // LEVEL // 3H"Welcome to SkyTradingZone "
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Let's dive into the 3-hour candlestick chart for Bharat Gas (BG), a leading Indian gas and petroleum products company.
Here are some key insights based on the 3-hour chart:
Current Trend: Bharat Gas has been trading in a downtrend over the past few hours, with a slight pullback.
Resistance and Support: The stock has a strong resistance level at around ₹1,445-1,455 and support level at around ₹1,380-1,390.
Bollinger Bands: The Bollinger Bands are expanding, indicating increased volatility in the stock.
IOC // LEVEL // 3H"Welcome to SkyTradingZone "
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Let's dive into the 3-hour candlestick chart for Indian Oil Corporation Limited (IOC), a leading Indian oil and gas company.
Here are some key insights based on the 3-hour chart:
Current Trend: IOC has been trading in a sideways trend, with a slight uptrend over the past few hours.
Resistance and Support: The stock has a strong resistance level at around ₹155-156 and support level at around ₹150-151.
Bollinger Bands: The Bollinger Bands are contracting, indicating decreased volatility in the stock.
Momentum: The RSI (Relative Strength Index) is around 50, indicating that the stock is in a neutral zone.
Candle Patterns: The 3-hour chart shows a bullish Engulfing pattern at around ₹152-153, which is a bullish reversal signal.
GLENMARK // LEVEL // 3H"Welcome to SkyTradingZone "
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Let's take a closer look at the 3-hour candlestick chart for Glenmark Pharmaceuticals Limited (GLENMARK), a leading Indian pharmaceutical company.
Here are some key insights based on the 3-hour chart:
Current Trend: GLENMARK has been trading in an upward trend, with a slight pullback over the past few hours.
Resistance and Support: The stock has a strong resistance level at around ₹630-640 and support level at around ₹610-620.
Bollinger Bands: The Bollinger Bands are expanding, indicating increased volatility in the stock.
Momentum: The RSI (Relative Strength Index) is above 50, indicating that the stock is in an overbought zone.
RELIANCE // LEVEL // 3H"Welcome to SkyTradingZone "
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Let's dive into the 3-hour candlestick chart for Reliance Industries Limited (RELIANCE), a leading Indian multinational conglomerate.
Here are some key insights based on the 3-hour chart:
Current Trend: Reliance Industries has been trading in an upward trend, with a slight pullback over the past few hours.
Resistance and Support: The stock has a strong resistance level at around ₹2,450-2,470 and support level at around ₹2,350-2,370.
Bollinger Bands: The Bollinger Bands are expanding, indicating increased volatility in the stock.
Momentum: The RSI (Relative Strength Index) is above 50, indicating that the stock is in an overbought zone.
SENSEX // LEVEL // 3H"Welcome to SkyTradingZone "
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The SENSEX (Sensitive Index) is a market-weighted index of 30 well-established and financially sound companies listed on the Bombay Stock Exchange (BSE). It is widely regarded as a benchmark for the Indian stock market.
Here are some general insights based on the 3-hour candlestick chart:
Current Trend: The SENSEX has been trading in an upward trend, indicating a strong market sentiment.
Resistance and Support: The SENSEX has a strong resistance level at around 52,000 and support level at around 48,000.
ONGC Levels On One Day Time Frame👑ONGC👑
At important support level
Looking good for reversal
Stoploss 263
Looking good towards 320/350
Keep on radar
For Oil and Natural Gas Corporation Ltd (ONGC), here are the key support and resistance levels based on recent data:
1 day Timeframe:
Resistance Levels:
R1: ₹292.40
R2: ₹300.00
Support Levels:
S1: ₹283.25
S2: ₹275.00
Oberoi Realty Ltd view for Intraday 19th 👑OBEROIRLTY👑
Oberoi Realty Ltd view for Intraday 19th
September #OBEROIRLTY
Buying may witness above 1822
Support area 1800. Below ignoring buying
momentum for intraday
Selling may witness below 1790
Resistance area 1800-1805
Above ignoring selling momentum for intraday
Charts for Educational purposes only.
Please follow strict stop loss and risk reward if
you follow the level.
Thanks,
ITC Level Support Resistance For ITC Ltd (ITC), here are the key support and
resistance levels based on recent data:
1 DAY Timeframe:
Resistance Levels:
R1: ₹520.50
R2: ₹530.00
Support Levels:
S1: ₹507.50
S2: ₹499.35
1-Hour Timeframe:
Resistance Levels:
R1: ₹515.00
R2: ₹520.00
Support Levels:
S1: ₹510.00
S2: ₹505.00
MGL SUPPORT AND RESISTANCE LEVELFor Mahanagar Gas Ltd (MGL), here are the key support and resistance levels based on recent data:
1 DAY Timeframe:
Resistance Levels:
R1: ₹1,912.15
R2: ₹1,943.00
Support Levels:
S1: ₹1,846.10
S2: ₹1,793.00
1-Hour Timeframe:
Resistance Levels:
R1: ₹1,888.95
R2: ₹1,900.00
Support Levels:
S1: ₹1,864.70
S2: ₹1,850.00
Bharti Airtel Ltd view for Intraday 19th September #BHARTIARTLBharti Airtel Ltd view for Intraday 19th September #BHARTIARTL
Buying may witness above 1665
Support area 1630.
Below ignoring buying momentum for intraday
Selling may witness below 1630
Resistance area 1665Above ignoring selling momentum for intraday
Charts for Educational purposes only.
Please follow strict stop loss and risk reward if you follow the level.
Thanks
HDFC Bank Ltd view for Intraday 19th September #HDFCBANKHDFC Bank Ltd view for Intraday 19th September #HDFCBANK
Buying may witness above 1702
Support area 1685. Below ignoring buying momentum for intraday
Selling may witness below 1685
Resistance area 1700-1702
Above ignoring selling momentum for intraday
Charts for Educational purposes only.
Please follow strict stop loss and risk reward if you follow the level.
Thanks,
Bajaj Finserv Ltd view for Intraday 19th September #BAJAJFINSVBajaj Finserv Ltd view for Intraday 19th September #BAJAJFINSV
Buying may witness above 1905
Support area 1870-1872. Below ignoring buying momentum for intraday
Selling may witness below 1872
Resistance area 1900-1905
Above ignoring selling momentum for intraday
Charts for Educational purposes only.
Please follow strict stop loss and risk reward if you follow the level.
Thanks,
Axis Bank Ltd view for Intraday 19th September #AXISBANKAxis Bank Ltd view for Intraday 19th September #AXISBANK
Buying may witness above 1252
Support area 1230. Below ignoring buying momentum for intraday
Selling may witness below 1230
Resistance area 1250-1252
Above ignoring selling momentum for intraday
Charts for Educational purposes only.
Please follow strict stop loss and risk reward if you follow the level.
Thanks,
State Bank of India view for Intraday 19th September #SBINState Bank of India view for Intraday 19th September #SBIN
Buying may witness above 796
Support area 783-786. Below ignoring buying momentum for intraday
Selling may witness below 783
Resistance area 792-796
Above ignoring selling momentum for intraday
Charts for Educational purposes only.
Please follow strict stop loss and risk reward if you follow the level.
Gold Analysis September 19Fundamental Analysis
Gold prices regained positive momentum after yesterday’s pullback from an all-time high and continued their steady intraday gains heading into Thursday’s European session. The US dollar (USD) saw an intraday reversal from a one-week high and now appears to have stalled its recovery from its lowest since July 2023 hit the previous day. This, coupled with concerns over a recession in the United States (US) and China, along with the risk of further escalation in tensions in the Middle East, prompted some safe-haven flows into the precious metal.
With Thursday’s positive move, Gold now appears to have snapped a two-day losing streak, although the possibility of more aggressive easing by the Federal Reserve (Fed) could limit any further gains. In fact, the US central bank decided to start its policy easing cycle by cutting borrowing costs by 50 basis points on Wednesday. However, the Fed has lowered market expectations for excessive rate cuts in the future. This still supports a modest increase in US Treasury yields, which could limit the USD's losses and limit the gains of the non-yielding yellow metal.
Technical analysis
Gold has recovered very strongly from the Fibonacci retracement level of 2547-2545. At the moment, we need to understand what it wants each session and how it pushes the price. So Gold can absolutely continue to push higher in 3 sessions when Asia and Europe have not had any significant declines. The important price zone is 2588. If this zone breaks when the US enters, do not sell and wait for 2600 SELL to react. It is easy to have a false break, so the beautiful BUY point in the area I determined yesterday at 254x will be held until 263x. Today is a difficult day to trade. If the US session at 19:30 cannot break the 2588 area, it is possible to SELL to the destination area at 2565 - 2545
SELL attention zone 2588-2600-2612-2618
BUY attention zone 2565-2545
MGL // Levels // 4H"Welcome to SkyTradingZone "
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MGL (Moving Averages) and Support/Resistance (S/R) are two fundamental concepts in technical analysis. Here's a brief overview of each:
Moving Averages (MGL):
A Moving Average (MA) is a trend-following indicator that smooths out price action by calculating the average price over a specified period.
For Mahanagar Gas Ltd (MGL), currently trading around ₹1,842.351, here are the key levels to watch on a 4-hour timeframe:
Support Level: Around ₹1,800
Resistance Level: Around ₹1,900
SAIL // Level // 4H"Welcome to SkyTradingZone "
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SAIL Level 4H Challenge:
Task: Complete a complex, high-stakes task within a 4-hour timeframe that requires advanced problem-solving, critical thinking, and strategic planning skills.
Tasks may include:
Developing a comprehensive business plan or strategy
Solving complex puzzles or brain teasers
Resolving a high-pressure crisis or emergency situation
Completing a series of challenging logic or reasoning exercises
Tips to succeed in the SAIL Level 4H Challenge:
Stay focused and composed: With 4 hours to complete the task, it's essential to stay focused and composed under pressure.
Break down the task: Divide the task into smaller, manageable chunks to help you stay organized and on track.
Practice time management: The time constraint is crucial in this challenge. Practice managing your time effectively to stay on track.
Think critically: The SAIL Level 4H Challenge requires advanced problem-solving and critical thinking skills. Take your time to analyze the situation and develop a plan.
BLUEDART // Level // 1H"Welcome to SkyTradingZone "
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Bluedart Level 1H Challenge:
Task: Complete a series of tasks within a 1-hour timeframe to test your skills and knowledge related to logistics and courier services.
Tasks may include:
Processing and sorting packages
Tracking and updating delivery status
Resolving customer complaints or issues
Completing a series of logical puzzles or brain teasers related to logistics and delivery
Tips to succeed in the Level 1H Challenge:
Focus on efficiency and accuracy: With only 1 hour to complete the tasks, it's essential to work quickly and accurately.
GOLD // Level // 1H"Welcome to SkyTradingZone "
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GOLD Level 1H Challenge:
Task: Complete a complex, high-stakes task within a 1-hour timeframe that requires strategic thinking, problem-solving, and decision-making skills.
Tasks may include:
Developing a comprehensive business plan or strategy
Solving complex puzzles or brain teasers
Resolving a high-pressure crisis or emergency situation
Completing a series of challenging logic or reasoning exercises
Tips to succeed in the GOLD Level 1H Challenge:
Stay focused and composed: With only 1 hour to complete the task, it's essential to stay focused and composed under pressure.
Prioritize tasks: Identify the most critical tasks and focus on completing them first.
Think critically: The GOLD Level 1H Challenge requires strategic thinking and problem-solving skills. Take your time to analyze the situation and develop a plan.
Practice time management: The time constraint is crucial in this challenge. Practice managing your time effectively to stay on track.
BSOFT // Level // 1 h"Welcome to SkyTradingZone "
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For Birlasoft Ltd (BSOFT), currently trading around ₹648.451, here are the key levels to watch on a 1-hour timeframe:
Support Level: Around ₹630
Resistance Level: Around ₹670
These levels can help you identify potential entry and exit points for your trades.