ALKEM LAB is Bullish in Higher Timeframes and price is making a Higher-High structure in Hourly timeframe which is going along with the trend in bigger timeframes. Consider the levels for Intraday; entry should be made according to price-action in smaller timeframe, may be 5 mins. These levels are only for Cash segment, NOT FnO! Targets are calculated according...
In the past week, both the 7-day and 24-hour active address counts have seen an increase, signaling a positive shift in sentiment. Investors in Bonk are preparing for a potential rebound to its April 25 peak value of $0.00002966. Over the last few sessions, the cryptocurrency market has seen a significant recovery, with Bitcoin climbing from a low close to...
As the India VIX, a measure of market volatility and investor sentiment, experiences fluctuations, traders often anticipate corresponding movements in the BankNifty index. Given the inverse relationship between market volatility and stock prices, heightened volatility tends to coincide with potential corrections or downturns in the market. In this scenario,...
NSE:BANKNIFTY An ascending channel is a technical analysis pattern used in financial markets to describe the price movement of a security or index, like the BANKNifty. It's formed by drawing two parallel trendlines that connect the higher highs and higher lows of the price action. This pattern indicates a bullish trend, with the price making higher highs and...
NSE:BANKNIFTY An ascending channel is a technical analysis pattern used in financial markets to describe the price movement of a security or index, like the BANKNifty. It's formed by drawing two parallel trendlines that connect the higher highs and higher lows of the price action. This pattern indicates a bullish trend, with the price making higher highs and...
Third winning strike of Bear, again nifty opens gap up at 22489 level but didn’t sustain and bear drag nifty down to low of the day which is 22232 level. Nifty was down by almost 200 points but given closing at around -140 points which is -0.62%. Nifty has formed a big red body candle with upper and lower shadow on daily chart. Candle is trading below middle...
MRF is turning bearish with following technical reasons 1. RSI on daily crossed below 40 2. Price crossed below 20 SMA Daily with huge volume 3. Bearish Marubozu Candle on daily chart with high volume 4. Price trading below 20 SMA (weekly) for last 4 weeks 5. Super trend is continuously bearish on daily chart and now minor super trend support on weekly is at...
BANK NIFTY is trading in a 2000 point channel for last few weeks. Looks like it will end up at either of the extremes of the channel on General Electons result day! My money is on 51K+ Let me know what you think in the comments section below.
⚡️Good Quarterly Results ⚡️DIIs increasing stake ⚡️Multiyear/ATH Breakout & Retest ⚡️9 Years Long Base ⚡Volume Rising
Falling Wedge Breakout Setup RSI near 70 and rising Trading above EMA50 Volume spurt Disc: for study, not a recommendation
DON’T HAVE TIME TO MANAGE YOUR TRADES? - Take BTST trades at 3:25 pm every day - Try to exit by taking 4-7% profit of each trade - SL can also be maintained as closing below the low of the breakout candle Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and...
Stock is at 200 ema on D TF At important Fib 0.68 Lvl On a green candle can go long
We had a very narrow range movement today. And we can see the price is at support now. Price has formed a descending triangle pattern also. Buy above 21840 with the stop loss of 21790 for the targets 21880, 21940, 22000 and 22060. Sell below 21750 with the stop loss of 21790 for the targets 21710, 21660, 21620 and 21580. Check the live market updates. Hit the...
Traders, take heed! Jyothylab is presenting a compelling bottom formation on the charts, hinting at a potential reversal in its fortunes. Supported by robust volume and the underlying strength of the pharmaceutical sector fundamentals, this could mark an opportune moment to consider a position in Jyothylab. Technical analysis reveals a clear pattern indicating a...
Good volume buildup in this type of falling market. Taken support on the trendline after breaking the resistance with good volume If breaks the current candle high then can give good move. NOTE: I do my analysis do your before trade.
📊 Script: DEEPAKNTR 📊 Sector: Chemicals 📊 Industry: Chemicals Key highlights: 💡⚡ 📈 Script is trading above its Resistance level which is 2500 on Weekly Chart. 📈 If Script is able to sustain above 2500 level we may see good rally into stock. 📈 One can go for Swing Trade. ⏱️ C.M.P 📑💰- 2513 🟢 Target 🎯🏆 - 2733 ⚠️ Stoploss ☠️🚫 - 2396 ⚠️ Important: Always maintain...
📊 Script: OIL 📊 Sector: Crude Oil & Natural Gas 📊 Industry: Oil Drilling / Allied Services Key highlights: 💡⚡ 📈 Script is trading near at its resistance level which is 645. 📈 Script should give closing above 645 level so that we can see good rally. 📈 Script is trading at upper band of BB. 📈 MACD and Double Moving Averages are giving crossover. 📈 Right now...
#Banknifty:8th May Step1: 48161-47970 -S1 zone. Try long.Only intraday aggressive traders. Step2: if 49508-R1 reached exit long, enter short. Step3: 47745-47575 - S2 zone. Exit short...and confirmed for fresh long.