Federal bank
Entry 130 level
Target 160 level
Stop Loss - Below 105
time frame - 2 - 4 months
note : only for educational purpose . iam not a sebi registered analyst . do your own study and manage the risk.
submitted on december 12 , 2022
Banknifty Expanding Pattern Live analysis 12th Dec 2022
Still there is chance to find the Wining trade.
PCR above 1
Upperside strong resistance in 15min chart
Oi closely waived from 43500
The global market indicates a negative start. Market nature is neutral to slightly bearish. market may open a gap-down. After the gap-down, if the market takes a pullback without breaking the previous day's low, then we will expect range bound market to pullback continuation. On the other hand, if the market breaks the previous day's low, then we will expect...
The global market indicates a negative start. Market nature is neutral to slightly bearish. market may open a gap-down. After the gap-down, if the market takes a pullback without breaking the previous day's low, then we will expect range bound market to pullback continuation. On the other hand, if the market breaks the previous day's low, then we will expect...
Hi everyone,
I have tried to share short-term views for Nifty, Bank Nifty & SPX. The index view plays a very crucial role in defining overall market behavior & structure.
The concepts I have used here are support & resistance levels, Kannedy's channels & Elliott wave numbering. If you like the content please do comment.!
Thanks for watching!
Godrej Consumer 1W: It is moved almost 15% in last one month. Relative strength excellent. 3 wave is in play. RSI has given BO before price & MACD is turning +Ve. Price is ready to BO above 940. Keep fingers crossed,
Ramco cement might form inverted head and shoulder in weekly and might give good up move in coming days...
This is just my view please make your own analysis and trade safe..
17 Nov 2022 11:34hrs Larsen & Toubro CMP 2051
Heavyweight LT, 2 months of consolidation BO with huge volume was seen in the stock in the last week of Oct 2022. Consolidation/RT of BO for 3 weeks has been witnessed.
Summary
- RT & Fresh BO from the VAH zone
- 2 Months of accumulation
- Approaching major resistance place around 2078...
All the information shared in this chart is provided for strictly educational purposes only. This chart is sharing information are based on the theory of technical analysis. This is not an offer to buy or sell stocks, futures, options, commodity, forex, interests or any other trading security. Back test yourself before jump into live market consult your financial...
Dogecoin is forming some bearish trade setup these days.It may give us some great fall after the breakout.Here are two trade ideas-swing and intraday that I wanna share with you guys in detail.check below.
Trade 1: The first one is a swing trade.Dogecoin made a beautiful double top pattern in 1H time frame which broke out it's neckline(0.9684 level) downward and...
Bitcoin "Channel Trend"
Hourly Time Frame Analysis
The above chart of Bitcoin laid out an ascending channel pattern, also known as the rising channel . The upper and lower trend lines that connect the higher highs and higher lows respectively appear to move within a rising slope. This pattern is generally a characteristic of a bullish trend .
Currently,...
Tata Power might fall till 159 which was high in dec 2007 which might now act as strong support.. if it breaks 159 then it migh touch 143 in coming days, can try to sell near 224-225 sl 228
Findings:
In weekly it might make H&S and make A=C, with rsi divergence
In daily time frame, in last leg it has rejected at 0.5% Fib level and also rejection from upper...
