Bank Nifty Analysis 04-08-2022 (Pre-Open) NSE:BANKNIFTY Bank Nifty is expected to make a surprise upside today with lot of unwinding pending for expiry day. Trade Setup : (ALL CASH LEVELS) one can take action in Futures & Options accordingly Buy Bank Nifty around 37900 with stop loss at 37700 (initial stop) for upside potential targets of 38500. Small...
KOTAK MAHINDRA BANK : SHORT TERM PICK NSE:KOTAKBANK CL.PRICE : 1884.60 (NSE) Analysis : BUY Stock has been performing bullish since last 5 days and today it had a successful close above decision point / important resistance zone where lot of bearish consolidation has taken place in the month of June 2022. The Bullish trend may continue for next few weeks...
Nifty Analysis for 01-08-2022 (Pre-Open) NSE:NIFTY Broader Outlook : As everyone is aware that market is going on pushing upwards without any meaningful correction since 15900 levels , now with rise of close to 1500 odd points its high time to be cautious as the markets may retrace downwards to fill many opening gaps in 16000-17000 range . On the Upside i...
NTPC - Short Term Pick NSE:NTPC Stock is showing high signs of long term reversal technically (on weekly & Monthly charts) as well as fundamentally and with ongoing uptrend in market it is ready to catch up with the trend soon. Broken the trendline resistance as we can see on charts and heading for weekly & monthly resistance around 180-190 range in few days...
TNPL - Tamil Nadu Newsprint Limited - NSE:TNPL Daily Chart Analysis : SHORT TERM PICK Technical Setup : As we can see on chart in recent few days market was consolidating with sideways to bullish bias with some improvement in volumes. With todays move and volumes now it seems that market is ready to blast on upside (just a matter of time) . The first target...
Nifty Analysis for 28-07-2022 (Pre-Open) NSE:NIFTY MARKETS MAY REMAIN VOLATILE DUE TO MONTHLY EXPIRE HENCE TRADE CAUTIOUSLY OR STAY OUT FOR THE DAY View : Bullish for the day unless we fall below 16550 (stop loss level) upper side its possible to test resistance line at 16685 above which the flood gates will be open for 16800+ levels for fresh upside. ...
MCX Crude Oil Futures MCX:CRUDEOIL1! giving signs of exhaustion after recovering from downfall . expecting the fresh sell off trend to begin for potential targets zone . As per the Pattern expect the selling pressure to remain below 7800 levels . Do Comment , share and "LIKE" if you find this info valuable to use . Happy Hunting , Chintamani Disclaimer....
NIFTY INDEX ANALYSIS - 1 HOUR CHART NSE:NIFTY Nifty has been rallying on upside since 14th of July 2022 from close to 15900 levels till date up to the levels of 16625 without any meaningful correction on the way and leaving decent HIGH RANGE GAPS which needs to be filled during any sell offs. The ABCD pattern has completed to near perfection with all...
Bhel NSE:BHEL Trading at monthly high and also breaking above trendline resistance zone it seems this stock has potential to retrace back to old highs . Buying can be done with stop loss Do Comment , share and "LIKE" if you find this info valuable to use . Believe me it takes lot of time to visualize the market before the opening bell :) Happy Hunting...
Nifty Trend Analysis for 21-07-2022 There is huge gaps where bulls have trapped bears badly on wrong foot . now with todays closing can bears take back their lost territory ? Note Similar Patterns unfolded during last 1 week on charts which i have drawn with some visible understanding for all members on lighter note :) The only thing i can foresee as of now...
Nifty Index Intraday Trend Analysis for 20-07-2022 NSE:NIFTY As per current global clues while publishing this idea... it is expected that markets are going to open at 16400 & above levels , As markets are moving up without a single day of correction since 15900 levels i am expecting some correction to kick in if we open close or around sellers zone . Hence...
BANK NIFTY - Trend Analysis for 18-07-2022 Trade Plan during the day : With Bullish Global Sentiments on weekend and good performance in HDFC bank results, my plan is to hold "Bullish Only" view for the entire day and may not look for any short sells during the day. Scenario 1 : If Bank Nifty opens above 35000 i will go long with stop loss at 34900 (100...
Nifty - Trend Analysis for 19-07-2022 Trend: With todays bullish close Nifty is continuing its upward journey since Friday i,e 15-07-2022, Nifty managed to close at todays high. As per our Analysis and also during the intraday updates on chart, it gave a clear break out above 16220 levels which itself was enough to say that we are heading towards highest...
MCX:CRUDEOIL1! MCX : CRUDE OIL FUTURES (Trade Setup on Hourly Charts) A Buy Setup is emerging for Long Trades with suggested Stop loss levels on chart . Interested members can look into it or analyse the trend as it unfolds . Not a recommendation to buy/sell . Do "LIKE" the analysis if you like to appreciate my work . Attaching many related ideas i posted...
NSE:NIFTY NSE:NIFTY1! Nifty50 Index Detail Strategy for the day (18-07-2022) Scenario 1 : if market opens above 16150 wait for a pull back upto16120 range and enter long trade for upside targets with strict stop loss below 16090 as trend may reverse very fast on downside below 16090 Scenario 2: If market opens below 16125 then wait for market to cross...
NSE:BAJFINANCE BAJAJ FINANCE - SELL SETUP FOR SWING TRADE Trade Maturity expected Time : 1-15 days As we can see the market tried to make double top but facing pressure from sellers , hence we are looking for opportunity to sell in expected correction if at all happens towards potential targets. Buy and sell levels are indicated on charts with stop loss...
BTCUSDT- Perpetual - Binance - 1 Hour Chat BINANCE:BTCUSDT Good 3 Drive Swing pattern is unfolding which may result in sell off to the potential targets given on chart . Not a recomendation to Buy/Sell :) Also check related idea below for my last BTC analysis . Do "Like" if you feel good at my attempt :) Thanks for reading, Chintamani.
ITC : Imperial Tobacco Company ITC - This stock needs no introduction to investors community on fundamental side and stressful community on traders side Why this post ? There was a decent Rounding Bowl Formation near completion on weekly charts which i thought of sharing with my Trading View community. Some Analysis what i foresee going forward I am...