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oberoireality is consolidated in daily Timeframe#oberoireality is consolidated in daily Timeframe, it looks like triangle pattern,
but one needs to be aware has lot of time fake breakout is been seen,
good for buying in cash, risk management and patience is important
overall bullish for short-term swing .Please check the chart carefully.
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)
SENSEX // Levels // 15 min"Welcome to SkyTradingZone "
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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
CNXIT // levels // 1 hour "Welcome to SkyTradingZone "
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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.
TCS // levels // 4 hour "Welcome to SkyTradingZone "
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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
BankNifty support and resistance 1DayAs of September 10, 2024, the Bank Nifty index is expected to trade in the range of 50,500 to 51,500, with potential for further movement between 52,000 and 50,000. Here are some other details about the Bank Nifty index:
Resistance level: 51,500
Support level: 50,900
51,000 level: A strong point
50,200 level: Likely to act as immediate support
49,700 level: Likely to act as support
51,000-51,300 level: Likely to act as a strong resistance
Axis Bank Ltd view for Intraday 10th September #AXISBANKAxis Bank Ltd view for Intraday 10th September #AXISBANK
Buying may witness above 1180
Support area 1160. Below ignoring buying momentum for intraday
Selling may witness below 1145
Resistance area 1160
Above ignoring selling momentum for intraday
Charts for Educational purposes only.
Please follow strict stop loss and risk reward if you follow the level.
Swing Stock #Jindal steelSwing Stock
#Jindal steel
1. Isne apne trendline ko break kar diya hai.
2. Daily & weekly RSI bhi positive hai.
3. Stock apna downward trend khatm karke uptrend chalu kar raha hai.
4. Support zone se recover kar raha hai.
5. Company ko Vande Bharat train ke liye badhiya order bhi mila hai.
Buy - 962
Target - 1050
SL - 930
BAJFINANCE // Levels // 1 hour "Welcome to SkyTradingZone "
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👑BAJFINANCE👑
Daily support: 7146.03, 7196.52, 7269.03
Daily resistance: 7392.03, 7442.52, 7515.03
Pivot levels: R1: 7,392.03, R2: 7,442.52, R3: 7,515.03
According to equitypandit.com, Bajaj Finance is considered strong if it trades above 6,707.66 levels.
According to moneycontrol.com, 100% of users recommend buying Bajaj Finance.