Himanu_HATradeTalk1

Himanu_HATradeTalk1

Nifty & Bank Nifty have been trading in a sideways to consolidation mode for the past few sessions Bank Nifty chart indicates theat it may get support arund 49500 zone. On the upside key resistance is placed at 50300 & 50500 level Wait for price to break the Range & track for opportunities in that direction

Himanu_HATradeTalk1

IT Sector witnessed strong momentum in last week Wipro took support around prev week lows & came near 480 level It may come for retesting levels, track for Bullish pattern with all confirmations Downside imp support is placed around 450 whereas upside hurde is at 495/495 zone Learn and P ractice Price Action Setups

Himanu_HATradeTalk1

Indian benchmark witnessed Range bound session after prev day recovery, Nifty remained in opening range after small positive opening The imp upside hurdle is placed around 23k zone whereas downside support is around 22400 zone Track for price to form Price Action Patterns at Imp Levels, However market may show volatility in 1st half due to RBI Policy outcome...

Himanu_HATradeTalk1

Indian benchmark witnessed Range bound session after prev day recovery, Bank Nifty remained in opening range after small positive opening The imp upside hurdle is placed around 50k zone whereas downside support is around 48000 zone Track for price to form Price Action Patterns at Imp Levels, However market may show volatility in 1st half due to RBI Policy...

Himanu_HATradeTalk1

Indian benchmark showed correction & lose more than 6% on Vote counting day. Nifty broke below imp swing low & showed sharp correction to came near 21300 level A Big Long candle has formed on Daily TF, erased last few months gains The imp upside hurdle is placed around 22500/600 level whereas downside support is around 22200 zone Track for price to form...

Himanu_HATradeTalk1

Indian benchmark showed correction & lose more than 6% on Vote counting day. Bank Nifty broke down the trendline & showed sharp correction to slip easily below imp support levels A Big Long candle has formed on Daily TF, erased last few months gains The imp upside hurdle is placed around 48600/800 level whereas downside support is around 45950 zone Track for...

Himanu_HATradeTalk1

The market witnessed the session of june 3 with Robust gains, following Exit polls results. After Big Gap up opening Bank Nifty remained in postivie momentum & closed near 51000 level A Big Bullish candle is formed on daily chart The imp upside hurdle is placed around 51200 level whereas downside support is around 50000 zone Track for price to form Price...

Himanu_HATradeTalk1

The market witnessed the session of june 3 with Robust gains, following Exit polls results. After Big Gap up opening Nifty remained in postivie momentum & closed near 23250 level A Big Bullish candle is formed on daily chart The imp upside hurdle is placed around 23400/500 level whereas downside support is around 23000 zone Track for price to form Price...

Himanu_HATradeTalk1

Bank NIfty also gave negative returns in last week but relatively outperfomed Bank Nifty witnessed correction in 1st half & some recovery in 2nd part of last week Upside hurdle is placed near 49200/400 level whereas imp downside support zone is around 48400 Market may show volatility during the Results of elections Keep Tracking Charts *For Educational...

Himanu_HATradeTalk1

Nifty remained in selling mode for most part of the week A Negative type candle has formed on daily chart Until Nifty holds above prev week low, recovery towards 22650/700+ is possible However if holds below 22350, correction towards next support could come Election Results can create Volatility in the Maket Keep Tracking Charts *For Educational...

Himanu_HATradeTalk1

Stocks to Keep in Radar for Next Week ⏩ SBIN ⏩ NMDC ⏩ BHEL ⏩ DLF BHEL is in corrective moce after making recenrt highs If sustains above 300 level, it may try to test recent highs However in case of Bearish pattern at higher level, it may come back to prev week's range Important downside support is around 280 & then 270 level whereas upside hurdle is aroud 320...

Himanu_HATradeTalk1

Stocks to Keep in Radar for Next Week ⏩ SBIN ⏩ NMDC ⏩ BHEL ⏩ DLF DLF is forming lower lows from past few weeks now it has come around prev support level Wait for price to form price action pattern if decisively sustains outside the range of 780 to 850, directional movement could be possible However in case of Bearish pattern at higher level, it may come...

Himanu_HATradeTalk1

Stocks to Keep in Radar for Next Week ⏩ SBIN ⏩ NMDC ⏩ BHEL ⏩ DLF SBIN is consolidating in narrow range from past many sessions If decisively sustains outside the Box range, directional movement could be possible However in case of Bearish pattern at upper end of range it may come back to prev week's range Important downside support is around 800 zone whereas...

Himanu_HATradeTalk1

Stocks to Keep in Radar for Next Week ⏩ SBIN ⏩ NMDC ⏩ BHEL ⏩ DLF NMDC If continues to holds the prev week support level, recovery towards 270 could be possible. However in case of Bearish pattern at higher level, it may come back to prev week's range Important downside support is around 245 zone whereas upside hurdle is aroud 270 level *Election Results can...

Himanu_HATradeTalk1

Q: What is a supply zone in trading? A: A Supply Zone is a Price level or Area on a chart where Selling pressure is expected to be strong enough to overcome buying pressure, causing prices to fall. It is typically identified by a concentration of previous price highs where sellers have historically emerged. Q: What is a Demand zone in Trading? A: A Demand...

Himanu_HATradeTalk1

Q: What is India VIX? Ans) India VIX, or India Volatility Index, measures the market's expectation of volatility over the near term. It is often referred to as the "Fear Gauge" as it indicates the level of fear or risk in the market. Higher VIX values indicate higher expected volatility, while lower values suggest lower expected Volatility. Q: What does a...

Himanu_HATradeTalk1

Nifty showed correction for the 5th straight session, This is also the longest losing streak in last 7 months After Gap down opening, it remained in negative trend throughout the session A Bearish candle is formed on daily chart The imp upside hurdle is placed around 22630 level whereas downside support is around 22350 zone Track for price to form Price...

Himanu_HATradeTalk1

Bank Nifty showed opposite direction movement as compared to NIfty index today The Index bounced sharply from 48300 level after market opening & remained in positive zone. A Positive candle is formed on daily chart The imp upside hurdle is placed around 49100 level whereas downside support is around 47300/200 zone Track for price to form Price Action...