BankNifty Analysis of possible Support and Resistance. Major Long term Channel Not broken. Forming a drifting down channel valid until crossed if crossed long formation can be a possibility.
Market opened today with Gap down and today's candle broken the previous swing low hence we can expect the retracement buys tomorrow, if that happens then price will fill the GAP and then we can expect sells from GAP area... Always look for LTF BOS, before taking any trades.
just wait for a breakout and hard close, if the breakout above and next candle is white then you can long, and tp at the dashed line, but if the break above and next candle is blue so wait for retest then at trend test long... with SL, similarly when breaking below
So far weekly QM acting a strong support level and today's price action created gap down, hence before price go further down, i'm expecting the gap to fill first, so we may expect small retracement to upside then fall which may break the weekly QM level. always look for the LTF BOS before taking any trade to any side.
GAP DOWN - Can reach Target 1 straight away and then Target 2 following a possible retest. FLAT - Retest at recent resistance is possible to reach Target 1 and if breaks Target 2 is also possible. GAP UP - Wait till breaks last session's day low to reach Target 1 & Target 2.
Look for short term buys and long term sells for Ali Baba Holdings, we have H1 supply order block from where we can look for sell if we have LTF BOS, if H1 Supply block compromised then look for buying opportunity... H1 Demand zone can act as strong support zone if price broke the zone then look for buys at Daily demand zone
NSE:APOLLOHOSP #NSE:APOLLOHOSP trading bullish and Potential levels marked on chart for reference.
MOIL looking very good techniqually. as per QUQ result also good. stock form symmetrical triangle chart pattern. If stock hold demand zone then stock run like bull.
NSE:HINDPETRO appears to have taken support near 169 level and has been moving up slowly. It is facing resistance around 297 levels. However, it is taking support on the WLY Up trend indicating the Up trend to be intact. A breakout is possible once price crosses immediate resistance level around 297. Keep strict SL at 247 levels with a target of 397 and...
- 30MIN chart - Looking for breakout above or below the trendline
Current trend channel Network18 is moving in. My views on Network18 are bullish but with the current market scenario, a bull run can turn bearish pretty quickly. So if at all you want to trade in this script, go small initially and then choose to go big if you see potential for a good move. Also, you best bet would be to buy at support. ====== This is not a...
GBPUSD DAY CHART ANALYSIS :- GBPUSD break the trand line in 1DAY time frame. if you take entry in gbpusd then yours SL is FOREXCOM:GBPNZD THANKYOU
BTC Currently trading at 42,300 any breakout upward or downward Next stops of BTC marked on Chart
May give a great move on breakout of either side....
1hr timeframe BINANCE:BTCUSDT broke current trend. Suitable for long position
Deepak Nitrate Cmp 2212 dated 11.2.2022 Sell below 2200 for a tgt of 2130-2070-2015 SL 2300 It is just a view, pls trade at your own risk.
KPR Mill Cmp 644 dated 11.2.2022 1. Trendline breakdown below 640 Sell for a tgt of 630-600-590-575 SL 675 It is just a view, pls trade at your own risk.
BHarat Forge Cmp 732 dated 11-2-2022 1. Triangle Pattern. 2. Breakdown below 715 3. Fridays Candle Indecisive. Buy above 760 tgt of 790-825-845 SL 715 Sell below 715 tgt of 700-675-655 SL 760 It is just a view, pls trade at your own risk.