SYMBOL: NSE:BANKNIFTY Banknifty is at a crucial point in the weekly time frame, it has closed below the support zone after hovering over that for almost 1 Year. Selling can be accelerated after a retest is done. Still, if the price closes above 34500 somehow it can be a temporary relief and after some time. Bears can again try to push BNF down because this year...
if nifty break 16620 in 15 min then take trade for down side..... but wait first and then confirm breakout
And if the trendline breaks short and buy at the support
banknifty is on support from here we can accept the bounce. market can never fall straight even market will never rise straight their are several resistance and supports where market bounces and then start fresh rally in any side. same happening in b\index now index is trading at support zone where we can see a bounce which can again give a good rally in down side...
Nifty will open gap up to fill the gap created on friday and trap all the short positions created on friday closing siting RUSSIA URKRAIN news. then go down south.....
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.
As per the 2 Hour Chart of LAURUS LABS LIMITED, we have witnessed a Formation of “Bullish Harami”. Therefore, we are expecting to witness a bullish momentum in the stock in the upcoming trading sessions. Wherein it is being expected to face a resistance initially at around the levels of 508.95, 515.90, and 521.50. Whereas, on the other hand, on the downside...
As per the 2 Hour Chart of WELSPUN INDIA LIMITED, we have witnessed a Formation of “Hammer” on the chart. Therefore, we are expecting a bullish momentum in WELSPUNIND in the upcoming trading sessions. Wherein it is being expected to face a resistance initially at around the levels of 151.60, 152.85, and 154.30. Whereas, on the other hand, on the downside levels,...
As per the 2 Hour Chart of DFM FOODS, we can see a beautiful Formation of "Bullish Engulfing" on the chart. Therefore, we are expecting a bullish momentum in DFMFOODS in the upcoming trading sessions. Wherein it is being expected to face a resistance initially at around the levels of 304, 313.6, and 320. Whereas, on the other hand, on the downside levels, the...
Good Morning! Just as we had stated about the favourability of witnessing a closing of above 16600. Similarly, we had experienced it yesterday itself that taking a support of 16600, Nifty had beautifully taken a bounce back therefrom, and had made a high of 16936.40 approx. But on the other hand, unfortunately even after spending almost the entire day above the...
UBL is in a consolidation zone breakout or breakdown in any side will lead to good move in any side ALWAYS FOLLOW PROPER RISK MANAGEMENT AND POSITION SIZING
aartiind in looking weak a good short trade can be done in aartiind if hourly candle closes below 955 we can see a slide panic till 935 view will be neglected if we didin't get any candle closing below 955
HDFC is looking for short in INTRADAY a short can be done if opens gap up from 2710 or below 2660 if opens flat ALWAYS follow proper risk management and position sizing
stock has given a breakout of 5 years keep eye Always trade as per plan and follow sl and risk management
The IRCTC Incident - Who would pay for the MTM Shortfall? Yesterday I was one of those who could use the 30% free fall in the share prices of IRCTC and added a few shares that are now available at an affordable price per share thanks to the share split done by the company. The split was done with the good intention of enabling more participation from the retail...
CHR on 1 day TF has formed a Inverted Head and shoulder with multiple shoulders giving a higher probability of a big bullish momentum. Target 1 is given and we will keep target 2 open as experts believe CHR can fetch up to 140% in short term. Buy only after neckline breakout. RSI is also above 60 and MACD has given a crossover(weak crossover, but still there is a...
Bank nifty has formed a Bullish pole and flag pattern on 15 min tf. Watch out for a flag breakout.
Sail making wedge uptrend pattern near to Breakout at 130 and can give target of 170-180... Near future...