AS we can see despite a strong recovery in both midcap and banknifty, NIFTY remained more like sideways to negative throughout the day despite its strong opening as analysed in our previous post that it has reached its important supply zone which is also a psychological level of 22500 hence unless NIFTY breaches and sustains itself above this level, we can expect...
Nifty remained in cautious mode near All time High levels Fresh upside recovery can be possible if sustains above 22550 in coming sessions Whereas imp support is placed at 22200 level Keep Tracking charts * For Education Purpose Practice and Learn price action setups
NSE:NIFTY 1/4/2024 Overview- GST revenue jumps 11.5 pc in March to Rs 1.78 lakh crore, yearly collection crosses Rs 20 lakh crore. Bitcoin rallies after halving news which will impact the bitcoin miners, the event is said take place on 16/4/2024. Outlook for 2/4/2024- Nifty50 remained absolutely sideways after a gap-up opening sue to US Inflation data....
On Our Harmonic pattern indicator based trade setup take trade as explained below :- Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target , When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early...
On Our Harmonic pattern indicator based trade setup take trade as explained below :- Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target , When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early...
FinNifty support and resistance levels are valuable tools for making informed trading decisions, specifically when combined with the analysis of 5-minute timeframe candlesticks and VWAP. By closely monitoring these levels and observing the price movements within this timeframe, traders can enhance the accuracy of their entry and exit points. It is important to...
Nifty support and resistance levels are valuable tools for making informed trading decisions, specifically when combined with the analysis of 5-minute timeframe candlesticks and VWAP. By closely monitoring these levels and observing the price movements within this timeframe, traders can enhance the accuracy of their entry and exit points. It is important to bear...
Utilizing the support and resistance levels of BankNifty, along with the 5-minute timeframe candlesticks and VWAP, can enhance the precision of trade entries and exits on or near these levels. It is crucial to recognize that these levels are not static, and they undergo alterations as market dynamics evolve. The dashed lines on the chart indicate the reaction...
only for equation purpose....not for eny tips Decisions to buy, sell, hold or trade in securities, commodities and other investments involve risk and are best made based on the advice of qualified financial professionals. Any trading in securities or other investments involves a risk of substantial losses. The practice of "Day Trading" involves particularly high...
NSE:BANKNIFTY please note that we are not a SEBI Registered Investor Adviser/PMS/ Broking House. All the contents over here are for educational purposes only and are not investment advice or recommendations offered to any person(s) with respect to the purchase or sale of the stocks / futures and options. You are also requested to apply your prudence and...
great petern prepare by bank nifty keep eye on levels
hello friends as you can see now market 15 mint chart making symmetrical triangle if breakout up site after retest you can buy if market breakout down site wait for confirmation you can short i hope you like my idea thank you.
Banknifty dot to dot levels for next expiry.. . . . . . . . . . . .happy trading
Price is at the trend line support and also the important zone 47000. Sustaining above this will make the price bullish. Pattern : Trend line. Range : Medium. Trend strength : Normal. Buy Above : 47060. Stop Loss : 46980. Targets : 47120, 47200, 47280, 47400 and 47480. Sell below : 46880. Stop Loss : 46940. Targets : 46820 ,46740, 46600 and 46540. Check the live...
Bank Nifty is looking positive today as sustaining at higher levels after gap up opening. Any dip till 47200 is looking good for long opportunity. Keep on radar. Next resistance level is 47800-47900.
Another parallel channel formation seen (falling channel) on Nifty Spot....if this breaks out we could see a retest of recent highs to make fresh ATH sooner.. This is not a trading recommendation. Pls consult your financial advisor for proper guidance.
Price gave good movement on thursday. Important levels to watch are 22300 and 22500. These levels can act as strong support/resistance. Pattern : Support/Resistance. Range : Medium. Trend strength : Normal. Buy Above : 22360. Stop Loss : 22300. Targets : 22420, 22460 and 22500. Sell below : 22240. Stop Loss : 22280. Targets : 22200, 22160 and 22100. Check the...
Nifty has formed bullish head and shoulder with clear breakout. But we forgot to publish before the breakout. Hence we are not participating in Bullish Head and Shoulder Chart Pattern. Nifty new target would be 23500 and 23800.