-ready to break triangle -keep eyes on volume at the time of breakout -big players are building position slowly slowly -below there is a very strong support zone which it cannot break easily -current closing is also very strong above 4000 level a psychology resistance zone
-already broke symmetrical triangle pattern -now near next immediate resistance which it can break easily -above resistance it will break all time high -keep in your watchlist
Price is at trend line support now. Sustaining above 1340 will make the price to move up further. Bearish below the trend line. Buy above 1345 with the stop loss of 1335 for the targets 1356, 1368 and 1384. Sell below 1332 with the stop loss of 1342 for the targets 1322, 1310, 1302 and 1288. Check the live market updates. Hit the like button to Rock !! Show...
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...
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...
NSE:BANKNIFTY Highest Call writing of 26.11 Lakh at 48000 strike followed by 17.84 Lakh at 47500. Highest Put writing of 15.12 Lakh at 47000 strike followed by 12.48 Lakh at 47500 strike. Index may face resistance near 47750 - 48000 level and retraces if index reaches in the area due to weekend and Israel Iran war tension Index has support near 47000 level...
- narrow range in daily frame - close to trendline and upward direction - high possibility to break trend line and resistance
According to rising wedge bearish pattern. Nifty weak if not able to cross the upper trend line. Also up side momentum will be very slow for time being. Below i have stated upper levels with the help of fibo extension But if somehow it breaks the lower trend line. There will be fast moves after breaking the major support which is 22000. Bollinger band middle...
Birlasoft, looks like has formed Head and Shoulder pattern. Will it rebounce upwards from 750 or continue to fall downward to 650-680?
Price already broken the trendline and in pull back zone if it take support then we expect a good up move for the long time investing. Also you can see the stock is forming higher high which is good sign for up move. Simple Price action!
NFL is currently trading at 97.15, very well placed at the current price comfortably took a support near it's 200 EMA. First probable target it can achieve in the RR terms is 1:1 and can start trailing it to achieve 1:2.5 Once the price crosses it's all time high the stock can give good rally in future too.
Nifty is taking support of trendline also try to form double bottom on chart, if sustaining above 2195 it may test 22150 and 22333 soon.it is also form bullish morning start pattern.
Buy and forget . Time Horizon three months.
Infosys chart pattern look interesting. Trading near weekly 200EMA Breakout from bullish pole-flag pattern Pullback to recent breakout level I will bet on long side and will accumulate at these levels Wait for a pullback candle in weekly chart for better assurance. This will give more confidence to investors
Nifty respects levels for every timeframe according to Fibonacci Series. 0.0, .38, .62, 1.00 For 19-04-24 Book Profit If you have ANY in holding. An Upward Channel is Breaking down So Now “Sell on Rise” will play for next few months. Stay In Light Position or In Cash . Gap Down Opening : If high of First Hour is not broken then put stoploss there for all...
Buy only above 607.35 marked by white horizontal line with SL 604.15 marked with red line. Red line is a very strong support now. Resistance is 637. Today is must trade day. If red line is broken keep SL at white line and target is sky blue line at 594. Keep a watch on this candle for future trend 4-19-24 11:30 AM Disclaimer: I am not a SEBI...
BNF is trading near the 1hour timeframe support of 47000. As mentioned in my previous analysis, once the ascending channel pattern was broken in 1 day time frame BNF took the support of 47000 zone and reversed. Still BNF is trading between zones of 47000 & 47400. It is to be noted that BNF has fall 2000 points from its ATH in this week. If BNF moves upward...
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...