Tata Power looks weak on weekly chart it breaks a important support of 209-207 levels looking some more weakness could come in this stock and possibly it is going to test it's lower support zones although it is not too late but yes it is late to make a fresh short in it so we can implement a sell on rise strategy in it if it will go and retest of it's breakdown...
Hello friends I am sharing the weekly chart of Bajaj Finserv and it seems that is trading in a Symmetrical Triangle pattern nowadays with taking a resistance on upper line of triangle and support from the lower line of support mentioned on that triangle so what we can do after a Breakout Or breakdown happen or Until the for this I am sharing the ideas...
Hello guys here I am sharing the daily chart of Bajaj Finserv (THE GIANT) for why it falling down massively and giving one by one negative breakdowns on chart, So we can see after making a all time high touched to it's 20 day EMA taking support but gives a breakdown as closed below and started consolidation and taking support on 50 Day EMA but at the end gives...
Hello Guys I am sharing the daily chart of Bank nifty with indicator Super trend plotted on it as you read the title that of this idea that trend is your friend so I choose super trend for some identifications apart of price action, So I am sharing this idea purely for educational purpose that is why the reason I am not tagging this idea in short category and...
Hello mates here I am sharing the an Idea on nifty on longer time frame weekly chart as we can see that after a sharp corrective move during pandemic (COVID) it rises in very steep manner was doubled in only one year from 7500 levels to 15000 levels and finally had resisted on that 15000 levels so I identified that zone as a resistance after a Breakout but after...
Hello guys as all we know that the brutal selling is going in markets so I am trying to find out some well placed (according to my knowledge) key support levels for the heavy weightage Giants of nifty 50 which probably will play the important role for raise or lower this selling pressure from the benchmark index, simultaneously we get to know our good prices of...
This chart is giving a perfect example of how Retail participants always stucked on the Tops because they buy in FOMO (fear of missing out) or some one always behind there to make a setup for them for this buying instead of this they should thought about the fair valuations and some more key ratios which can help out for getting good valuations while on the...
Hello to all mates so here am sharing about something that two important things in trading are contradicting each other and that is price and strength so I am trying to explain this by daily chart of Nifty and that I mentioned previous top to new top price is up by almost 900 points but the relative strength index it is down by 10 major points and this is an...
REC here is the perfect example of resistance on the weekly chart of this stock anyhow it gives a breakout on that resistance and closed on above that trendline resistance so we can see coming upside rally in this stock and taking next resistance as a trading target with simple price action based strategy in this counter. Happy investing and trading guys with...
Suprajit breaking out the from a Parallel channel after a long period of consolidation looking bullish for the target of 400 and 470 so i am sharing my trading ideas for this stock below. Idea 1-: Straight it can go up to 400 from here. Idea 2- It could came down and retest it's support now that is the upper line of this channel and will go to mentioned...
Stock is giving a good example of support and resistance the main factor which worked in stock market or in stocks. 𝐒𝐮𝐩𝐩𝐨𝐫𝐭 𝐚𝐧𝐝 𝐫𝐞𝐬𝐢𝐬𝐭𝐚𝐧𝐜𝐞💡 𝐈𝐟 𝐭𝐡𝐞 𝐩𝐫𝐢𝐜𝐞 𝐟𝐚𝐥𝐥𝐬 𝐛𝐞𝐥𝐨𝐰 𝐚 𝐬𝐮𝐩𝐩𝐨𝐫𝐭 𝐥𝐞𝐯𝐞𝐥, 𝐭𝐡𝐚𝐭 𝐥𝐞𝐯𝐞𝐥 𝐰𝐢𝐥𝐥 𝐛𝐞𝐜𝐨𝐦𝐞 𝐫𝐞𝐬𝐢𝐬𝐭𝐚𝐧𝐜𝐞. 𝐈𝐟 𝐭𝐡𝐞 𝐩𝐫𝐢𝐜𝐞 𝐫𝐢𝐬𝐞𝐬 𝐚𝐛𝐨𝐯𝐞 𝐚 𝐫𝐞𝐬𝐢𝐬𝐭𝐚𝐧𝐜𝐞 𝐥𝐞𝐯𝐞𝐥, 𝐢𝐭 𝐰𝐢𝐥𝐥 𝐨𝐟𝐭𝐞𝐧 𝐛𝐞𝐜𝐨𝐦𝐞 𝐬𝐮𝐩𝐩𝐨𝐫𝐭. 𝐀𝐬 𝐭𝐡𝐞 𝐩𝐫𝐢𝐜𝐞 𝐦𝐨𝐯𝐞𝐬 𝐩𝐚𝐬𝐭 𝐚 𝐥𝐞𝐯𝐞𝐥 𝐨𝐟 𝐬𝐮𝐩𝐩𝐨𝐫𝐭 𝐨𝐫 𝐫𝐞𝐬𝐢𝐬𝐭𝐚𝐧𝐜𝐞, 𝐢𝐭 𝐢𝐬 𝐭𝐡𝐨𝐮𝐠𝐡𝐭...
Hello friends and mates today I am sharing an Idea about an indicator which is you can say very much loved and popular indicator used by all stream and time frame traders and that is BOLLINGER BANDS sharing below about this 𝐃𝐄𝐒𝐂𝐑𝐈𝐏𝐓𝐈𝐎𝐍-: Bollinger Bands are a type of price envelope developed by John Bollinger (Price envelopes define upper and lower price range...
All things I mentioned in video idea dear friends and that is my view only not a buy sell recommendation in any of security or index, Please give your valuable support.
Hello mates from past many time we are seeing a decent correction in Shree cements whatever the reasons behind that but now it is looking the formations of rebound structure for a positive trend reversal by breaking a strong resistance which has faced by this from last many weeks but now broken and also given a good close on above that so we can expect a good...
Upl price is consolidating in a parallel channel pattern on hourly time frame chart so if it will break horizontal trendline resistance then we can go for a buy and if it will break horizontal trendline support then we can go for a short.. For Buy Side-: If it will break the resistance and give a close above on the same hourly time frame chart so we can go long...
Hello mates sharing daily chart of NIFTY for that it seems that it is leaping (bouncing) form present support zones which presently I am mentioning as support zone earlier it was a resistance zone so we can say this is somehow an example of support and resistance (Demand & Supply zone) RSI indicator is started giving some reversals or retracement signs so we can...
Siemens India looks good on daily chart as it gives a breakout on falling resistance trendline and gives a good close above on that trendline and gives breakout too on the upper band of Bollinger band indicator too specifically in Red market like today, getting good jump in Volume bars is also indicating that it turns into bullish from sideways so we can see a...
Dabur India trading currently in a narrow range (parallel channel) keep an eye for a range breakout sharing the ideas below on 15 Minute time frame chart. Buy Idea- Buy if break and close above on 538.50 levels on 15 minute time frame for the target of 550. Sell Idea- Sell if break and close below on 529 levels on 15 minute time frame for the target of...