"Good morning, friends! Here are the directions for April 18th: Nifty and BankNifty both consolidated in the previous session, so structurally, if the gap-up doesn't sustain then we can expect further consolidation for correction. On the other hand, if the market initially takes a pullback, the 23% Fibonacci level will act as crucial resistance. This means that...
Nice base formation with good volume Favourable risk to reward ratio
Symbol - BATAINDIA BATAINDIA is currently trading at 1340 1280 - 1350 is a good support area for BATAINDIA. I'm seeing a trading opportunity on buy side. Buying BATAINDIA Futures at CMP 1340 I will be adding more if 1300 comes & hold with 1280 SL. Targets I'm expecting are 1435 - 1525 & beyond. Disclaimer - Do not consider this as a buy/sell...
I have analyzed based on waves, candle stick, high & low price. And based on that I am able to project this target(Apple). Tomorrow is the result for Infosys also. Always maintain a SL. Target is 1369 This is for study purpose only.
Nifty Confirm Targets Nifty Importent Supports 1. 22080 2. 21930 3. 21810 4. 21710 Nifty Importent Resistance 1. 22180 2. 22280 3. 22330 4. 22380 Nifty Trend Signal From Open Interest Analysis PCR ratio as per Option Chain Analysis - 0.92 ( Bullish) Max Pain As per Option Chain Analysis -...
22080-22120 is the PRZ area for nifty asper XABCD in hourly timeframe. Higher chances are we may see pullback for the present downside impulsive move. Long confirmation is above 22220 for the targets of 22300/22400. 22500 will act as Resistance for Nifty. Plan your trade accordingly
#HITECH Time frame: Daily Buy price:501 First Target: 170 Second Target : 561 Pattern : Round bottom
The stock looks bullish as per the price action. There was a consolidation and a break out after a gap up opening creating a gap. It has retest the break out zone and the gap is filled. HDFC Bank has taken a good support from 1480-90 zone as there is a confluence of 200 ema, retest and fib retracement levels. Entry :- Above 1528 Possible Targets :- 1556,...
NSE:NIFTY_MID_SELECT Maximum Call writing buildup of 12.82 Lakh is at 11100 strike followed by 9.46 Lakh at 10900 Strike and Put writing of 12.28 Lakh at 10500 Strike followed by 10.66 Lakh at 10700 Strike. Index is closed above support level of 10750. Index may face resistance near 10850 - 10900 level and less likely expected to go beyond 10950 level due to...
Looks like total market index is in consolidation zone. Weekly Candlestick showing evening star bearish pattern. RSI(34) is below it's moving average
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Polycab- CMP -5267 Elliott- The first sharp fall in this counter is just one leg of the corrective pattern called zig-zag. The B leg which is with the trend is offering u an opportunity right on the highs to exit. The C leg will now being and this will come down minimum to 3480. In my view 2300 is a high probability. The short term charts are also set for a...
NSE:NIFTY Highest Call writing of 48.27 Lakh at 22300 Strike followed by 46.07 Lakh at 22200 Strike. Maximum Put writing of 70.05 Lakh at 22000 Strike followed by 42.24 Lakh at 21500 Strike. Index may face resistance near 22200 - 22300 and retraces if reaches near that level due to weekend and Israel Iran Tension. Index has strong support near 21990 - 21950...
Nifty spot daily candle at trendline RSI at 40 zone it is make or break in 60 min chart Bullish divergence tomorrow is crucial day for weekly chart and candle
Nifty has a strong support at 21916 which has formed by the Gann Angle 1/1 support angle due to the low made by Nifty on 20th June 2022. If Nifty consolidates above the support tomorrow, then support will progressively rise, else tomorrow will be the short term bottom for consequent up-move. If this support breaks then the grand support which is at 21492, is...
DON’T HAVE TIME TO MANAGE YOUR TRADES? - Take BTST trades at 3:25 pm every day - Try to exit by taking 4-7% profit of each trade - SL can also be maintained as closing below the low of the breakout candle Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and...
If Nifty50 breaks below 22000, then we may expect swift correction towards 20000 or 19800 zones. This move is seen as wave (4) of wave ((5)). This is Educational purpose only, consisting of Stock market views based on price action, Elliott Wave & Fibonacci. Views expressed here are not for investors/traders. Do your own due diligence before investing/trading.
Nifty in the last 2-3 sessions has lost 400 points which shows some bearish basis market but it will retrace before another fall. In case of a gap up opening, there will be a sideways expiry for nifty. Otherwise, after a gap down, there will be a recovery or profit booking in positional/swing trades. It trading below the 20 ema (daily) and may come to retest the...