Cyber Monday saleUp to 70% OFF

Trade!

BIOCON LTD READY FOR A UPSWING (SWING TRADING SETUP)Since last weeks we have seen pharma sector is outperforming and this performance may continue. As per price action biocon ltd Has created a Cup but handle is still remaining. If this stock creates a handle which is highly possible then price can be bullish for few trading sessions. Price should sustain above Trend line then it will be good. For more confirmation wait for the price to come at resistance level and look for RSI above 70. If fails and test previous support then this Overview will be considered as NULL.(Conditions not fulfilled)
NSE:BIOCONLong
by jain_abhishek
SENSEX // Levels // 15 min"Welcome to SkyTradingZone " Hello Everyone 👋 Current Price: 81,183.93 Day’s Range: 80,981.93 - 82,254.791. Key Support and Resistance Levels: Support Levels: 81,000, 80,900, 80,700 Resistance Levels: 81,200, 81,450, 81,700 As of September 11, 2024, the BSE Sensex levels are: 5 DMA: Bullish at 81,843.71 10 DMA: Bearish at 82,061.98 20 DMA: Bullish at 81,340.03 50 DMA: Bullish at 80,693.01 100 DMA: Bullish at 77,852.18 200 DMA: Bullish at 74,791.88
BSE:SENSEX
by SkyTradingZone
CNXIT // levels // 1 hour "Welcome to SkyTradingZone " Hello Everyone 👋 Support Levels Definition: A support level is a price point where a downtrend is expected to pause due to a concentration of demand. It represents a level where buyers tend to enter the market, which prevents the price from falling further. Identifying Support: Support levels can be identified by looking at past price movements. If the price has bounced off a certain level multiple times, that level may be considered support. Trading Strategy: Traders often look for buying opportunities around support levels, anticipating that the price will rise again after hitting this level. Resistance Levels Definition: A resistance level is a price point where an uptrend is expected to pause due to a concentration of supply. It represents a level where sellers tend to enter the market, which prevents the price from rising further. Identifying Resistance: Resistance levels are identified similarly to support levels. If the price has hit a certain level multiple times and failed to break through, that level is considered resistance. Trading Strategy: Traders often look for selling opportunities around resistance levels, anticipating that the price will drop after reaching this point.
NSE:CNXITLong
by SkyTradingZone
TCS // levels // 4 hour "Welcome to SkyTradingZone " Hello Everyone 👋 Employee categories TCS hires freshers for three categories: Ninja, Digital, and Prime. The Ninja category offers a package of Rs 3.36 lakh per annum, while the Digital and Prime categories offer Rs 7 lakh and Rs 9-11.5 lakh per annum, respectively. Current Price: 3,520.75 INR Day’s Range: 3,510.00 - 3,540.00 INR. Key Support and Resistance Levels: Support Levels: 3,500, 3,480, 3,460 Resistance Levels: 3,540, 3,560, 3,580
NSE:TCSLong
by SkyTradingZone
ICICIBANK // Levels // 15 min"Welcome to SkyTradingZone " Hello Everyone 👋 Support: Strong Financial Base: ICICI Bank’s solid balance sheet, including healthy asset quality and capital adequacy ratios, provides financial support during economic fluctuations. Diversified Revenue Streams: Revenue from retail, corporate, and investment banking reduces reliance on any single segment, offering stability. Resistance: Credit Risk Exposure: High levels of non-performing assets (NPAs) or potential loan defaults can act as resistance to financial stability and profitability. Economic Downturns: Broader economic slowdowns or financial crises can negatively impact financial performance and increase risks. Resistance Levels: R1: ₹1,245.82 R2: ₹1,259.55 R3: ₹1,275.00 Support Levels: S1: ₹1,230.00 S2: ₹1,215.00 S3: ₹1,200.00
NSE:ICICIBANK
by SkyTradingZone
HDFCBANK // Levels // 1 hour "Welcome to SkyTradingZone " Hello Everyone 👋 Technical analysis can help identify potentially favorable conditions for a transaction. It can be used to spot trends in an asset's price over a set period of time. Here's some other information about HDFC Bank: Support and resistance According to Invest tech , HDFC Bank has support at 1600 rupees and resistance at 1727 rupees. Resistance Levels: R1: ₹1,670.00 R2: ₹1,690.00 R3: ₹1,710.00 Support Levels: S1: ₹1,650.00 S2: ₹1,630.00 S3: ₹1,610.00
NSE:HDFCBANKLong
by SkyTradingZone
RELIANCE // Levels // 1 hour "Welcome to SkyTradingZone " Hello Everyone 👋 RELIANCE Levels in Support and Resistance 1. Personal Level Support: Emotional Stability: Relying on close friends and family provides emotional support, helping individuals manage stress and adversity. Practical Assistance: Dependence on personal networks for daily needs and problem-solving can offer a safety net during difficult times. Resistance: Over-Reliance: Excessive dependence on personal relationships for emotional or practical support may lead to issues if those relationships are strained or unavailable. Independence Challenges: High reliance on others might hinder personal growth and self-sufficiency. 2. Professional Level Support: Team Dynamics: In a workplace setting, reliance on team members for collaborative efforts enhances productivity and innovation. Leadership Guidance: Dependence on managers and leaders for direction, resources, and support helps navigate complex projects and organizational changes. Resistance: Organizational Dependencies: Over-reliance on specific teams or leaders can create vulnerabilities if they leave or underperform. Bureaucratic Challenges: Excessive reliance on established procedures and hierarchies can resist adaptation and innovation.
NSE:RELIANCELong
by SkyTradingZone