IMStockwala

IMStockwala Updated 

Two option : Long on yesterday high break or Long on retracement to 13ema. Both Target SL given.

IMStockwala Updated 

Nifty seems to be in corrective wave abc of B. Price action making a complex structure. Price might oscillate between 24500-24000 supply and demand zone as shown in chart. Directional move possible only above or below zones shown. More price action can confirm the move. For intraday setup, shown a 15 min chart image.

IMStockwala Updated 

BEL has given good momentum and retracement. Can be long as given in chart with SL either previous day low or 13 ema as per risk apetite. Disclaimer: Only for entertainment purposes, not an investment advice.

IMStockwala Updated 

Coforge looks bullish above previous day high for atleast 1% target with SL given in chart. After 1% can be trailed using 13 ema as stop loss on 5 min time frame. Disclaimer: Only for entertainment purposes, not an investment advice.

IMStockwala

HAL is in bullish setup Higher High Higher Low Leading Diagonal Formation Alert: MACD divergence Previous day high can be a good entry for 4534-50-84 SL 4435 Disclaimer: Not Buy/Sell recommendation or advice. Just for educational/entertainment purpose. For any market related decisions contact your financials advisor.

IMStockwala Updated 

Long as per setup given can be a ideal trade. Disclaimer: Not a buy / Sell Recommendation. For educational/ entertainment Purpose.

IMStockwala

Bank-nifty seems to be complex corrective mode. These are difficult price action to trade and are better to avoid. Anyway, as shown in chart. It seems weak and become more weaker on Tuesday low break. We will observe Price action near the target and be aware of potential reversal signs. Disclaimer: For entertainment and educational purposes. Not a buy/sell...

IMStockwala

The Three White Soldiers candlestick pattern is commonly used in technical analysis. The pattern identifies potential bullish reversals in a downtrend or a period of consolidation. Traders often use the pattern and other technical analysis tools, such as support and resistance levels, trend lines, and volume indicators, to confirm the trend’s strength and...

IMStockwala Updated 

Bullish setup with HH HL and trading above all EMA 13-48 on 5 and 15 min timeframe. Long on Yesterday high with SL today day low for 1% gains min as target 1 and then trailing with 13 ema. Only Long above yesterday high break of 5 min. If today low break first trade invalid. Disclaimer: Only for entertainment purposes, not an investment advice.

IMStockwala

BANKNIFTY sustained above 50700 and moved till 51200. Expecting bullish move on Monday as explained in green box in chart. Bearish only below 50508. For any doubts or any other stock view, comment below. Support for motivation to keep posting views. Disclaimer: The information disclosed here is for entertainment purposes only; it does not constitute...

IMStockwala

Nifty has crossed 24700 and now temporarily bullish and in pullback. Pullback is expected to go till 24200 in one leg then after slight reversal we can expected a bullish run of 500-1000 points. Tomorrow bullish setup is given in green box of chart. Above 24080 we should touch 24200+ Bearish only below 24700 for 24500. Disclaimer: The information disclosed...

IMStockwala

Banknifty dropeed to 49900 below as analysed in previous idea. Now expecting still more drop. Case red: as shown in chart can reverse max till 550-80 and go to 49900-49500 today If it sustains above 50700 we will recount and update analys

IMStockwala

Nifty dropped as per our previous view shared yesterday. Now the possible scenerios are shown in chart High probability is shown as red, price to move towards 23100-50 below yesterday low or rejection of price near 23500. Above 23600 we will re count the waves and look for reversal.

IMStockwala Updated 

Based on elliott wave forecasting on hourly chart we are in either wave iv or v of y of wxy correction. Which gives two possible scenarios as given in chart Green : we are wave iv with a and b completed and c can continue in future. Possible trade given in green box. Red: we are wave iii of iv and go like red arrow, trade given in red box. This is for...

IMStockwala Updated 

Banknifty can have two possible scenarios. It is in correction of 5 wave while in 4 of 5. 4 looks completed and we are in last leg then temporary pause of fall expected. Red : most likely scenerio. Below 50300 we are short for impulse down 💰💰 Green: less likely but we are still in wave 4 it will tests our patience should move very slow up towards 50900-51000....