Ethereum stands at a make or break level of resistance on daily time frame . It will either give a massive breakout and break the resistance or it will make a double top and start to collapse . This crucial level is to be tracked as we can get good targets on either side . Hope this analysis will help you :)
Hindalco has a very important 6 time support from where it has recovered several times before . Recently the stock gave closing near this support . If the stock manages to break the support this time then we can see very good bearish momentum and easy intraday profits can be made. ENTRY : 474.0 (CLOSING OF 15 MIN BELOW THE SUPPORT) T1 : 468.80 (EASY TARGET) T2 :...
Today the Indian markets showed very good bullish momentum in the second half of the trading session. Our entry got activated at around 2:05 pm and we even hit T1 . We could have hit T2 as well but our entry got activated very late and that is why the markets did not have enough time to move up from our entry . Tomorrow if the market opens gap up then we can...
Today the Indian markets showed very good bullish momentum but it faded towards the end of the session due to mixed global cues and the market formed a symmetric triangle by the end of the session . If the market opens gap up tomorrow then nifty has to face a very crucial resistance at 17772 . If nifty manages to cross this level then we can see good bullish...
Today the Indian markets showed bullish momentum in the second half of the trading session but could not break an important resistance . Looking at the global cues right now , our markets are most likely to open gap up tomorrow . So if tomorrow on expiry day , the markets cross the important resistance of 17772 then we can see good bullish momentum in the markets...
Today Banknifty gave a stellar breakout in the first 30 min of the session after activating our all time high trade . But as the session progressed, nifty started showing weakness and also dragged banknifty along with it . The bearishness in nifty today faded the momentum in banknifty but it still did not fall as much as compared to nifty. Had nifty just been...
Nifty and Banknifty both showed weakness on technical grounds today where none of the indices could sustain the gap up opening . But for most of the part both of the Indian indices were choppy throughout the whole day. Shorting in nifty or banknifty by buying puts is not advised as the markets are not correcting sharply even after breaking their supports . Theta...
ITS RAINING PROFITS TODAY!! 🤑🤑 Earlier I posted a Nifty expiry long trade and all the levels worked like wonders today. Nifty opened directly at our entry level and I updated on the post saying that we can enter the long trade as soon as the markets open . We captured about 80% of the move in the market today and hit our targets as soon as nifty hit the all time...
Nifty was in complete consolidation mode today and the markets just ended flat with a minor decrease of about 0.10 percent . A very important resistance to watch out right now is at 17663 . A long trade in nifty can be initiated when a 15 min candle closes above this resistance and huge targets can be achieved on intraday basis . Each target given in the setup is...
Reliance after a big fall, is stuck in a falling price channel . Good move on either side (short or long) could be achieved after the breakout of this price channel . Entry should be initiated if reliance gives closing of 15 mins candle breaking the channel . No entry should be taken if reliance takes support and comes back into the channel without giving closing...
Technical analysis is the most beautiful tool while trading . Earlier I gave an intraday trade in nifty for monday and as you can see that nifty tested our support and gave stellar breakout from there , hitting all three of our targets in just 18 mins of the trading session. Hope all those who traded with my levels made good profits today :)
The markets witnessed an exhaustion gap on friday where it ended on red despite opening in green. The structure of the market however remains bullish. Trends on sgx nifty show that the market is going to open with a heavy gap down on monday . The most important support for nifty lies at 17436 . A long trade in nifty can be initiated at this support with a very...
Earlier I gave a banknifty breakout opportunity and I thought that it would be taking some time to activate . But we got all three of our target in just one day. I hope all those who saw my post made good profits today :)
At this point of time , everybody is exhausted with the intraday volatility in nifty and bank nifty. But if we take a look at a slightly bigger picture then we can clearly see the formation of a symmetrical triangle in banknifty . This is a good opportunity for intraday and swing traders as good momentum on either side (short or long) can be achieved after the...
Indusind bank has recently taken resistance from its gap level and if it manages to again give closing above 1017.50 then we can activate a swing trade with targets upto 1061.75. The stoploss after entry should be maintained at the 50 ema .
After a long fall in metals , they are recovering fast! Tatasteel has 2.80 percent gap made when it faced a big gap down. This gap can be exploited and easy profits can be made as the gap will surely be filled. T1 is the main target in the trade and other targets can only be chased if the stock gives closing above T1 .
We have hit our targets in sbin in just 2 days🙌 You can continue the trade with a trailing stoploss and it still has very good upside potential !!
After a long streak of downfall, SBIN has finally taken recovery from an important support . After breaking an important resistance SBIN can become a beautiful short covering trade. This is a swing trade and not an intraday trade. SBIN could continue its up move even after the 3rd target and could be chased further by trailing stoploss. The immediate stoploss...