Bank Nifty Friday Analysis!~Buyers are still holding Bank nifty but facing big resistance between 44400 to 44500. Buyers can get active if hold above 44500 to 44600 and then breakout will go till 44900.
~Trap Area's 44400 to 44500
~Range at 44170 & 44250 will work as support & Resistance
~Downside if breaks previous day low then support at 43800
~Might be a gap down opening for tomorrow
Note : Do your own analysis before taking any trade or investment..
Trendpattern
Falling Trendline b/o in kcp ltd with gcrossoverFalling Trendline breakout is developing on weekly chart of NSE:KCP One lookinto it to buy the scrip at cmp with a stop loss of 100 for the targets of 122, 133, 144 respectively. The stock has given the golden crossover(Bullish Signal) and 5wema is above 44wema.
Exit the position if the stop loss triggered on Weekly closing basis.
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ISMTLTD - Breakout I Post educational chart for 3 Swing / Potential Stocks Everyday.
Check Related Ideas section for more Swing Stock analysis.
LONGSETUP BATA INDIAA Bullish Flag and Pole Chart Pattern Breakout happened on the weekly Time frame of BSE:BATA1!
Price Action is well supported by the volume.
The stock is currently in uptrend making higher highs and higher lows.
One can add this stock into their stocks to buy list.
Initiate the long trade only according to the levels mentioned.
Stop loss will be on weekly closing basis.
Trend Analysis :- UP Trend
Chart Pattern :- Bullish Flag and Pole
Technical Indicator :- Positive MACD Crossover
Falling Wedge Pattern breakout in SUNTVSUN TV NETWORK LTD
Key highlights: 💡⚡
✅On 1Hour 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 612+.
✅Can Go Long in this stock by placing a stop loss below 590-.
[INTRADAY] #BANKNIFTY PE & CE Levels(22/09/2023) Today will be gap up opening in BANKNIFTY . After opening if banknifty sustain above 44550 level then possible upside rally of 400-500 points upto 44950 Level. Any Major downside only expected in case banknifty starts trading below 44450 level. also possible Reversal Downside 44950 level.
Triangle pattern breakout in CUMMINSINDCUMMINS INDIA LTD
Key highlights: 💡⚡
✅On 1Hour Time Frame Stock Showing Breakout of triangle Pattern.
✅Strong Bullish Candlestick Form on this timeframe.
✅It can give movement up to the Breakout target of 1805+.
✅Can Go Long in this stock by placing a stop loss below 1725-.
Falling Wedge Pattern Reversal in AMBUJACEMAMBUJA CEMENT LTD
Key highlights: 💡⚡
📊On 1Day Time Frame Stock Showing Reversal of Falling Wedge Pattern.
📊 It can give movement upto the Reversal target of Above 445+.
📊There have chances of Breakout of Resistance level too.
📊 After Breakout of Resistance level this stock can gives strong upside rally upto above 492+.
📊 Can Go Long in this stock by placing stop loss below 412- or last swing Low.
[INTRADAY] #BANKNIFTY PE & CE Levels(21/09/2023) Today will be gap Down opening in BANKNIFTY . After opening if banknifty start trading below 45450 level then possible downside rally of 400-500 points upto 45050 Level. And this rally can extend for another 400 points if it gives breakdown of 44950 level. Any Major upside only expected in case banknifty starts trading above 45550 level. also possible Reversal upside 45050 level.
[INTRADAY] #BANKNIFTY PE & CE Levels(20/09/2023) Today will be gap Down opening in BANKNIFTY . After opening if banknifty start trading below 45950 level then possible downside rally of 400-500 points upto 45550 Level. And this rally can extend for another 400 points if it gives breakdown of 45450 level. Any Major upside only expected in case banknifty starts trading above 46050 level.
Falling Wedge Pattern breakout in ICICIPRULIicici prudential life insurance company
Key highlights: 💡⚡
✅On 1Week 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 785+.
✅Can Go Long in this stock by placing a stop loss below 430-.
Pattern Formation in Bank Nifty!- A bullish Flag formation on hourly chart, Trend is also looking strong as buyers are coming on every dip.
- Support Level keep eyes on 45800 to 45850
- Resistance on 46000 to 46100 Also its a round level most of the seller may get active
- Last friday also was a trending day let see for tomorrow might we can get good Entry & Exit
Note : Do your own analysis before making any trade.
Ascending Triangle Pattern Reversal in EICHERMOTEICHER MOTORS LTD
Key highlights: 💡⚡
📊On 1Day Time Frame Stock Showing Reversal of Ascending Triangle Pattern.
📊 It can give movement upto the Reversal target of Above 3460+.
📊There have chances of Breakout of Resistance level too.
📊 After Breakout of Resistance level this stock can gives strong upside rally upto above 3740+.
📊 Can Go Long in this stock by placing stop loss below 3255- or last swing Low.
Reversal Double Top pattern in TITANTITAN COMPANY LTD
Key highlights: 💡⚡
📈On 1Day Time Frame Stock Showing Reversal of Double Top Pattern.
📈 It can give movement upto the Reversal Final target of Below 2880-.
📈 There have chances of breakdown of Resistance level too.
📈 After breakdown of Resistance level this stock can gives strong downside rally upto below 2550-.
📈 Can Go short in this stock by placing a stop loss Above 3355+.
Bank Nifty on Monday Bullish or BearishHello Friends,
On Friday after 2nd half strong buying seen in overall indices. It looks like bullish trend started as mostly stock seen in green colour.
But i do not think of like that and i'm sure it was not trend change Because if we see all technical data and indicator except Friday buying , There is still trend for bank nifty is Bearish .
Let's see why
1. $ INDEX is trading above 104+ and looks strong
2. Crudeoil is trading above 7000
3. Bank nifty is trading within range lower low and higher low
--- in this range it has just touched trend line and taken resistance and seen seller at particular level which indicates it will continue old trend.
--- some of banks are trading near 200 EMA or below it.
--- Fed rate result will going to release soon.
Following this points, it looks it will be bearish continue. On Monday it may open gap up or near 44500 but it may fall like Wednesday ( history repeats itself ).
Okay friends this was my analysis and point of view for monday bank nifty.
Do your own analysis and trade on your own risk.
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Head & Shoulder pattern breakout in GODREJCPGODREJ CONSUMER PRODUCTS LTD
Key highlights: 💡⚡
✅On 1Hour Time Frame Stock Showing Breakout of Head & Shoulder Pattern.
✅ Strong Bullish Candlestick Form on this timeframe.
✅It can give movement up to the Breakout target of 1085+.
✅Can Go Long in this stock by placing a stop loss below 1025-.






















