Falcon Analytics Outlook Bank Nifty for the week (May 23 – May27) Technically on the daily charts we see major support on the downside for BankNifty index lies at 32955 levels, whereas major resistance on the upside is capped around 35000 levels. If BankNifty index breaches minor support on the downside and closes below it, we may see fresh break down...
Falcon Analytics Outlook Nifty 50 for the Expiry week ( May 23 – May27 ) As Discussed in Last Weekly Analysis Nifty sold off from major resistance @ 16387 while the major support for the week @ 15560 was not breached. Technically for this week on the daily charts we see major support on the downside for Nifty50 index lies at 15726 levels, whereas major...
Trade Or Invest Wisely. We Can Just Predict. Please Like And Share If You Agree With The Idea Disclaimer: I Am Not A Sebi Registered Advisor, So Before Entering On My View Please Ask Your SEBI Registered Advisor. Profit Is Your And Loss Is Your.
HDFC AMC is showing signs of trend reveral on weekly timeframe. Since 2019, it is taking support and had created a support zone of 1970-2080. This may be the right time to enter for long term, but I'm not interested in it yet. Till now company fundamentally good. But my concern is that it has hammered multiple time to support zone. So my eyes are on upcoming...
ACCELYA Solutions Ltd. A small cap IT company catering to Airlines & Tourism Industry. Toady it came up up with good quarterly results. Stock has been in a short-term downtrend. Now price has reached it's weekly support trendline. Also if we go back to MAY-JUNE 2021, we can see huge volume around this price. In daily time frame stock has formed a pattern similar...
Divergence wrt NIFTY 500 relative strength.. Could either see a range bound price action or decline in Metal stocks.
NSE:INDIAMART is very good good stock from B2B space from the levels of 9700 stock has been corrected more than 50%, mostly this pressure is due to FII selling but now sentiments has changed, and also company offering good valuations yesterday in daily time frame stock has made doji and today it breaks it's high. it is very good opportunity to add this stock in...
REC - trend reversal above 133 Reversal from long term support 2 Marubozu's stay tuned
Technical Analysis: Peak-and-Trough Analysis This concept of Peak-and-Trough Analysis beautifully explained by Martin J Pring in his book "Technical Analysis Explained". Excerpts from Martin J Pring book: "This principle reflects Charles Dow’s original observation that a rising market moves in a series of waves, with each rally and reaction being higher than its...
SAPPHIRE has formed an Inverse Head & Shoulder pattern after a downtrend. Broke the neckline and retested the same. Now it looks like stock is ready to move up again. Intraday traders can keep this stock in watchlist and swing traders can take delivery if it breaks 1340.
TRADE OR INVEST wisely. WE CAN JUST PREDICT. Disclaimer: I am not a SEBI registered advisor , so before entering on my view plz ask your SEBI Registered Advisor . Profit is your and loss is your. PLEASE LIKE AND SHARE IF YOU AGREE WITH THE IDEA
TRADE OR INVEST wisely. WE CAN JUST PREDICT. Disclaimer: I am not a SEBI registered advisor , so before entering on my view plz ask your SEBI Registered Advisor . Profit is your and loss is your. PLEASE LIKE AND SHARE IF YOU AGREE WITH THE IDEA
buying idea for intraday buying idea for intraday buying idea for intraday
30 Minute Bnaknify Chart Showed a Good Reversal of Trending Support in The Previous Trading Session. If Banknity Sustains above We Can See A Good Buying Opportunity Since Other Peer Banking Stocks Are Also Forming Chart Patterns That Can Also Be Taken Into Consideration For Buying.
Positional Buy : Company : JUSTDIAL-EQ Entry Price : 773 Stoploss : 695 Target 1 : 850 Target 2 : 889
Positional Buy : Company : PIIND-EQ Entry Price : 2898 Stoploss : 2608 Target 1 : 3188 Target 2 : 3333
Hey everyone, We are currently in our buying zone of Cardano, which I discussed in the previous idea. If you haven't viewed it yet, go chack it from the link below. As discussed in the previous idea, $ADA went bearish after a consolidation of 1 month. Now, it is nearing a very strong demand zone, which can result in a trend reversal. The trend reversal might...
MACD and RSI are showing signs of FALLING WEDGE REVERSAL. *just an idea do your research before investing.