After being in a downward channel for a long time , market has given
a decisive break on upside with Bank nifty doing well we can expect
some fireworks on upside in coming days.
Cheers,
priceNpedia
Strong bullish weekly candle close above 164.20 on January 6th will lead to bullish in upcoming weeks.
Black color trend line will act as a resistance. We can expect the price movement on the upper side till the trend line.
Wait for the weekly close and make your move.
INTRADAY TRADE - ANALYSIS OF SUN TV NETWORK
Stock has run up fast in a narrow channel. Facing resistance at 543 levels.
In Case price sustains above 543 levels after 9.45 AM.
Then a trade can be taken with around 538 (Todays Closing) as stop loss.
Other way round if price does not sustain above 543 levels
then the same stock can be shorted as well. Do check the...
Wait And Watch ??
Look for Low risk, High reward, and High Probability setups-
Things to Remember while Trading with the Trend
1. Know what the trend is.
2. The best trades are made in the direction of the trend.
3. Assume that the main trendline or moving average will hold.
4. The longer the moving average is, the better it defines the trend.
5. Wait for the...
Wait And Watch ??
Look for Low risk, High reward, and High Probability setups-
Things to Remember while Trading with the Trend
1. Know what the trend is.
2. The best trades are made in the direction of the trend.
3. Assume that the main trendline or moving average will hold.
4. The longer the moving average is, the better it defines the trend.
5. Wait for the...
Market is in Bear's Grip -- Bank Nifty has to play the role of Savior this time.
Disclaimer : Only Educational View: BankNifty Buying Level at Trend LIne Support
Look at the rally of 300 points from 18000 level, we have already told you about this level,
now 18300 level is a resistance for further up side move,
if this level sustain then 18500/18600 level may be seen easily.
Wait And Watch ??
Look for Low risk, High reward, and High Probability setups-
Things to Remember while Trading with the Trend
1. Know what the trend is.
2. The best trades are made in the direction of the trend.
3. Assume that the main trendline or moving average will hold.
4. The longer the moving average is, the better it defines the trend.
5. Wait for the...
Zomato is forming a kind of symmetrical triangle and taking support and facing resistance at the trendline.
Disclaimer:- This is only for educational purposes please do your own analysis before investing hard-earned money.
The stock can take support at the trendline support wait for a reversal pattern and then take the entry
we try to look buy for the upcoming week
Disclaimer: Please consult your financial advisor,
Investment/Trading in the securities market is subject to market risk, We are not responsible for your profit or loss
