BankNifty - 05 July 2023I have been explaining the levels and logics behind my trades in my videos.
Live market, Post market analysis and Next trading session's Detailed Analysis has been posted in my YouTube channel.
Please do watch my old videos in Daily Analysis Playlist to understand the Entry and Exit criteria.
Do follow and subscribe if you like the analysis.
I expect the market to be Bullish tomorrow.
Trade or invest according to your analysis. This is just my view.
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Trend
USDJPY Downtrend AnalysisTrade Analysis : Swing USDJPY Downtrend
Trendline analysis on USDJPY
Trend Identification: Swing Downtrend USDJPY.
Support/Resistance Levels: Identify key levels on the chart for potential entry and exit points.
Price Behavior: Daily Bullish pullback with market structure.
Targets: T1 = 143.375, T2 - 143.00. Check for Entry and Stop-loss.
Risk Management: Set appropriate stop-loss levels to manage risk and protect against adverse price movements.
Confirmation Indicators: Support/Resistance Levels, Higher High, Higher Lows.
Conclusion: Based on the chart analysis of , USDJPY is Downtrend has been identified. Combine this analysis with thorough research and risk management strategies to make well-informed trading decisions. Avoid counter-trend trading. Happy trading!
(Note: Trading is subject to market risk. This is analysis not an trade idea for trade.)
Falling wedge pattern reversal in MAHANAGAR GAS LTDMAHANAGAR GAS LTD
Key highlights: 💡⚡
📈On 1Day Time Frame Stock Showing Reversal of Falling wedge Pattern .
📈 It can give movement upto the Reversal Final target of above 1065+.
📈There have chances of breakout of Resistance level too.
📈 After breakout of Resistance level this stock can gives strong upside rally upto above 1145+.
#NIFTY Intraday Support and Resistance Levels - 29/05/2023Nifty will be gap up opening in today's session. After opening nifty sustain above 18500 level and then possible upside rally up to 18610 & this rally extend another 100-150 points upto 18750 level in today's session. in case nifty trades below 18480 level then the downside target can go up to the 18380 level.
Bank Nifty - 25 May 2023I expect NSE:BANKNIFTY to open Flat or a small Gap Up.
It might retest today's last swing and fall upto
Target 1 - 43530
Target 2 - 43360
-If market is opening Gap down near T1 , Reversal trade can be planned till our entry zone.-
My levels and views change depending on market opening ...!!!
Trade or invest according to your analysis. This is just my view.
<----- 3MRT Trading ----->
Nifty - 25 May 2023I expect NSE:NIFTY to open Flat .
It might retest today's last swing and fall upto
Target 1 - 18225
Target 2 - 18160
I 'm expecting a reversal back up from T2. as it might retest 'W' pattern which I strongly believe in.
- If market is opening Gap down near T1/T2, Reversal trade can be planned till our entry zone. -
My levels and views change depending on market opening...!!!
Trade or invest according to your analysis. This is just my view.
<----- 3MRT Trading ----->