Confirmations help us to build more confidence.. Always sell on rise or buy on support with 1:2 risk reward ratio. Analyze on higher time frame and take decision on lower time frame. Confirmations- 1) H&S bullish pattern 2) Retest 3) Breakout with volume. 4) 1:2 Risk and reward If you like the idea then follow me for more updates. Thank you. Keep Learning.
All detail for chat. good entry at mark price only. and must stoploss minimum risk and good profit. risk ratio 1:1 in first target. This is not call, Just my idea. Please understand your risk and take full responsibility of your actions SL day candle close only, Target Trigger Price
All detail for chat. good entry at mark price only. and must stoploss minimum risk and good profit. risk ratio 1:1 in first target. This is not call, Just my idea. Please understand your risk and take full responsibility of your actions SL day candle close only, Target Trigger Price
BNIFTY: After threating to fall all the major supports,BNIFTY bounced back sharply and managed to give a close above its 25DEMA. Positive DEMA Cross over in 5Min/15 Min charts once again gives a hint on a possible rally n bank nifty.If it mmanages to sustain at 47500 levels the next level of resistances are R1 47800 2.R2: 48000-48100 .R3 48400-500.Between...
Bank nifty showing sideways movement today. Bank nifty range 48300-48700 Bank nifty can move in this range Bank nifty support at 48300 Nifty range is 22500-22700 This view is only intra day Follow risk reward
Bank Nifty slightly differs from the sup-wave count. Even if it rejects around the supply zone, initially, we can expect only a minor correction, which may reach the 23 to 38% fib level. If it finds support there, then we can expect a range market. Alternatively, if it breaks the 38% fib level, then it may turn into a correction. Here also, the probability is very...
"Good morning, friends! Here are the directions for April 26th: There have been no significant changes in the global market trend. It remains moderately bearish, supported by the Dow Jones, while our local market sentiment indicates a moderately bullish trend. Nifty showed a solid pullback structure in the last session, so structurally, there will be no big...
Nifty will be gap up opening in today's session. After opening nifty sustain above 22580 level and then possible upside rally up to 22700 level in today's session. in case nifty trades below 22530 level then the downside target can go up to the 22410 level.
NIFTY Levels for Today Here are the NIFTY Levels for today. Please note, these levels are only for Intraday. The levels identified above can act as support or resistance, although they are shown as three different supports and resistances. The SL (Stop loss) for each BUY trade should be the previous RED candle below the given level. Similarly, the SL (Stop...
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.
BANKNIFTY Levels for Today Here are the BANKNIFTY Levels for today. Please note, these levels are only for Intraday. The levels identified above can act as support or resistance, although they are shown as three different supports and resistances. The SL (Stop loss) for each BUY trade should be the previous RED candle below the given level. Similarly, the SL...
Nifty respects levels for every timeframe according to Fibonacci Series. 0.0, .38, .62, 1.00 For 26-04-24 Book Profit If you have ANY in holding. Head & Shoulder Pattern will emerge. It gives bearish signal to change the Uptrend into downtrend after some futile effort to close above previous high. 22780 will be stoploss for All Short position. Above 22780 it...
April 2024 Expiry saw the sine wave move to the perfection. We started the April 2024 series at 22260 and ended the April 2024 series at 22570.35. So a net gain of 310 points. With a all time high made at 22775.70 on Wednesday10 April 2024 and higher swing low at 21777.65 on Friday 19 April 2024. April 2024 Monthly range was 998.05 nearly 1000 points. Now if we...
as we can see NIFTY moved strong after breaking inverted head and shoulders pattern as analysed in our previous post and has also closed strong. now following the global cues, we can expect NIFTY to open weak but as long as we are above 22525 mark every dip is a buying opportunity so plan your trades accordingly.
This is the analysis of Banknifty in Daily Time Frame. Watch carefully. The chart explains itself. There are some prediction levels. These Levels act as Support and Resistance according to position of price. You have to trade according to level breakout or breakdown. Always maintain your risk management. Book your profit according to your...
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BankNifty opened with a gap down of 400+ points and took the support of 47900 and reversed till resistance zone of 48550 in the second part of the trading. Now the resistance zone of 48250 is a support zone. If BankNifty sustains above the resistance of 48550 we can expect a upward movement to below resistance levels Resistance 1 48550 Resistance 2 48800 ...