Today ICICI & HDFC Bank weighed down the market On Thursday all eyes will be on the result of Major heavyweight bank (SBIN) On the down side imp support is placed near 47800/700 zone whereas upside hurlde is near 48500/700 level In case of Gap up/ Gap Down scenario, wait for first few minutes & track for price action at imp levels *For Educational Purpose
Nifty traded within prev day's range, it erased the intraday gains after taking rejection from trendline Nifty needs to move outside the prev day's range to show Directional Movement on Expiry day The Wednesday session HIgh & low can work as Resistance & support zone, For Gap up/ Gap Down, track for Price action confirmation at imp levels Resistance /...
Withing 15 mins, the stock formed a significant candle of 12% Increased volatility around stock earnings is a common phenomenon in financial markets. As companies release their quarterly or annual earnings reports, big investors eagerly anticipate the results, which can lead to heightened trading activity. Positive earnings surprises may cause a surge in...
Wihin 30 mins, the stock formed a significant candle of 12% Increased volatility around stock earnings is a common phenomenon in financial markets. As companies release their quarterly or annual earnings reports, BIg investors eagerly anticipate the results, which can lead to heightened trading activity. Positive earnings surprises may cause a surge in buying...
Bank Nifty Index has expiry session on wednesday The index faced pressure from profit booking in PSU Banks Downside imp support is placed at 48000 & then near 47800 zone Track for bearish pattern at imp resistane zone *For Educational Purpose
The Index couldnot hold opening gains & showing correction from last 3 sessions Until it stays below 22500 level, it may come to test the level of 22200/100 Upside imp hurdle is placed around 22500 zone while immidiate support is near 22200/150 zone *For Educational Purpose
The Index remained under pressure due to profit booking in PSU Banking stocks Downside support is placed near 48400 wheras upside hurdle at 49400/500 *For Educational Purpose
The Index formed bearish candle on Daily TF On the downside the imp support is at 22300/250 while upside hirdle at 22620 zone *For educational purpose only Learn & practice price action concepts
Bank Nifty also witnessed a sharp decline and tested came near Imp prev swing of level 47050 The major resistance for the index is positioned at 48,000/47800 and if the selling pressure persists, the index could test its next major support level at 46,500 * For Education Purpose Practice and Learn price action setups
In the highly volatile session, the Indian indices ended lower for the 4th straight session on Apr 18 Nifty closed below imp level of 22,000 The index may face resistance at the 22200/300 zone Whereas support is placed near 21900/850 zone *For Education Purpose Practice and Learn price action setups
Bank Nifty Index closed below around 48500 level after Gap Down Opening In last session The index formed a spinning top pattern on the daily charts Outside the Range of 47200 to 47800, momentum is expected *For Education Purpose Practice and Learn price action setups
T he Nifty ended lower for a third straight session on April 16, tracking weakness in global markets After opening lower, the index came down to the day's low around of 22080 The level of 22,000 may act as a Important support, while on the higher side, 22,260/300 may act as Resistance *For Education Purpose Practice and Learn price action setups
National Al has closed above the Box Range Metal Stocks are in Momentum It needs to sustain above Prev day's High to show more Recovery Otherwise it may come back to Prev Range Keep Tracking Charts For Educational purposes Learn and Practice Price Action Setups
UPL is forming Higher Highs formation, Now stuck near 500 mark If breaks the trendline & holds below support level it may show correction However if sustains above Resistance level, Upside Recovery may also come Keep Tracking Charts *For Educational purposes Learn and Practice Price Action Setups
Intraday Stocks to Focus for coming sessions Concor has formed Inside candle pattern on Daily TF & consolidating near 920 level If decisively sustains outside the Range of 950 to 880, it may likely to show momentum in that direction Keep Tracking Charts *For Educational purposes Learn and Practice Price Action Setups
Intraday Stocks to Focus for coming sessions Sun Pharma is showing consolidation from past few sessions Momentum can come if decisively sustains outside the Range 1640 to 1580 Keep Tracking Charts * For Educational purposes Learn and Practice Price Action Setups
Bank Nifty showed Recovery in 1st Half, but witnessed Profit booking in 2nd Half of session The Index scaled at New All Time Highs & reached near 49000 zone Any Dips towars 48500, 48000 may look for Buying setup as trend is Positive Overall Immediate Upside Resistance is Placed near 49000, 200 Range Tomorrow is important US CPI Inflation Reading * For...
Nifty opened Gap up today & Made New ATH and witnessed Profit Booking during the second half of the session On the downside immediate support is near 22550/22500 Wheras Upside Resistance is placed at 22800 * For Education Purpose Practice and Learn price action setups