#NIFTY Intraday Support and Resistance Levels -23/05/2024Nifty will be gap down opening in today's session. After opening nifty start trading Below 22590 level and then possible downside rally up to 22470 in today's session. in case nifty trades Above 22640 level then the upside target can go up to the 22760 level.
Trendpattern
Falling Wedge pattern breakout in IBULHSGFININDIABULLS HOUSING FINANCE LTD
Key highlights: 💡⚡
✅On 1 Day Time Frame Stock Showing Breakout of Falling Wedge Pattern.
✅Strong Bullish Candlestick Form on this timeframe.
✅It can give movement up to the Breakout target of 208+.
✅Can Go Long in this Stock by placing a stop loss below 150-.
Bearish Flag breakdown in ICICIBANKICICI BANK LTD
Key highlights: 💡⚡
✅On 1 HOUR Time Frame Stock Showing Breakdown of Bearish Flag Pattern .
✅Strong bearish Candlestick Form on this timeframe.
✅It can give movement up to the Breakdown target of 1055-.
✅Can Go short in this stock by placing a stop loss above 1134+.
[INTRADAY] #BANKNIFTY PE & CE Levels(21/05/2024)Today will be gap down opening in BANKNIFTY. After opening if banknifty start trading below 48450 level then possible downside rally of 400-500 points upto 48050 Level & this rally can can extend another 400 points if market gives breakdown 47950 level in todays session.Any Major upside only expected in case banknifty starts trading above 48550 level.also possible reversal upside 48050 level.
#NIFTY Intraday Support and Resistance Levels -15/05/2024Nifty will be gap up opening in today's session. After opening nifty sustain above 22260 level and then possible upside rally up to 22380 level in today's session. in case nifty trades below 22210 level then the downside target can go up to the 22090 level.
Parallel Channel pattern breakout in BATAINDIABATA INDIA LTD
Key highlights: 💡⚡
✅On 30 MIN Time Frame Stock Showing Breakout of Parallel Channel Pattern.
✅Strong Bullish Candlestick Form on this timeframe.
✅It can give movement up to the Breakout target of 1335+.
✅Can Go Long in this Stock by placing a stop loss below 1308-.
Reversal Broadening Wedge pattern in NAVINFLUORNAVIN FLUORIN INTERNATIONAL LTD
Key highlights: 💡⚡
📈 On 1 Day Time Frame Stock Showing Reversal of Broadening Wedge Pattern.
📈 It can give movement upto the Reversal Final target of Above 3552+.
📈 There have chances of breakout of Resistance level too.
📈 After breakout of Resistance level this stock can gives strong upside rally upto Above 3860+.
📈 Can Go Long in this stock by placing a stop loss Below 3082-.
Bullish Flag pattern breakout in HEROMOTOCOHERO MOTOCORP LTD
Key highlights: 💡⚡
✅On 1 Day Time Frame Stock Showing Breakout of Bullish Flag Pattern.
✅Strong Bullish Candlestick Form on this timeframe.
✅It can give movement up to the Breakout target of 5820+.
✅Can Go Long in this Stock by placing a stop loss below 4428-.
[INTRADAY] #BANKNIFTY PE & CE Levels(09/05/2024) Today will be gap up opening in BANKNIFTY. After opening if banknifty sustain above 48050 level then possible upside rally of 400-500 points upto 48450 level in todays session. Any Major downside only expected in case banknifty starts trading below 47950 level to 47550 level.also possible reversal downside 48450 level.
#NIFTY Intraday Support and Resistance Levels -07/05/2024Nifty will be gap up opening in today's session. After opening nifty sustain above 22480 level and then possible upside rally up to 22600 level in today's session. in case nifty trades below 22430 level then the downside target can go up to the 22310 level.
[INTRADAY] #BANKNIFTY PE & CE Levels(29/04/2024) Today will be gap up opening in BANKNIFTY. After opening if banknifty sustain above 48550 level then possible upside rally of 400-500 points upto 48950 level & this rally can extend another 400 points if market gives breakout 49050 level in todays session.Any Major downside only expected in case banknifty starts trading below 48450 level.also possible reversal downside 48950 level.
XAUUSD GOLD today 26-04 2024 forecast. Good morning Traders,
Today's Gold main level is 2315. above 2315 we can expect 2344 and 2355.
below 2315 we can see more down levels 2305 and 2295.
Most chance gold will break its recent resistance area of 2332 2335 and sustain, try to reset upcoming levels 2344 and 2355.
Plan accordingly, Happy Trading 😉😉
BECTORFOOD price at Resistance levelThe price approaches a resistance level, we have two potential scenarios: if it breaks through the level convincingly, it could signal a bullish opportunity for a long trade. However, if we observe a rejection candle forming at that resistance, it might indicate a potential reversal and a forthcoming decline in price.
Bullish Flag pattern breakout in JSWJSW STEEL LTD
Key highlights: 💡⚡
✅On 15 MIN Time Frame Stock Showing Breakout of Bullish Flag Pattern.
✅Strong Bullish Candlestick Form on this timeframe.
✅It can give movement up to the Breakout target of 900+.
✅Can Go Long in this Stock by placing a stop loss below 848-.
Reversal Ascending Channel Pattern in JINDALSTELJINDAL STEEL LTD
Key highlights: 💡⚡
📈 On 1 Hour Time Frame stock Showing Reversal of Ascending Channel Pattern.
📈 It can give movement upto the Reversal Final target of Below 890-.
📈 There have chances of breakdown of Support level too.
📈 After breakdown of Support level this stocks can gives strong downside rally upto below 830-.
📈 Can Go short in this stocks by placing a stop loss Above 960+.
"AVIATOR PATTERN" FORMATION IN BANK NIFTY CHART ANALYSISAnalysis for 4th March'24
Strong bullish recovery last week from 46200 to 47200 confirms the "aviator pattern" or "W" formation also looks like instutional are actively bullish.
Also BN has broke strong 2 month daily resistance & lastly closed just above that resistance which gives a indication of bullish dominance. Thus this resistance becomes "strong point of confluence" ( check on chart) can also act as strong support or resistance in future.
Still wait for opening print for 15-30 mins to decide the direction flow of bank nifty, gap up opening may give bulls to move fast or if gap down below 47200 may lead to bearish trend or sideways as BN trading on make or break area.
Resistance : 47700, 48000
Support : 46700, 46200