Market open at 53 point high after create a red candle in 15 min. First 45 min price consolidate near resistance. after that a big red candle and a good down move we can see till 14:15. Why breakdown why not breakout ? If we can see from 4th January's 12 pm see green candle's volume is decreasing but price is increasing. Here Red candle's volume is...
In chart 22249 is a strong resistance. Price touch 2 times in history and comeback to 21506. MACD indicate some divergent here and giving signal for down trend . But my point of view if 21506 break with good volume and make a support with 2-3 trading day then price will be BOOM Next target will be 22400. (Also I'm expecting this) If can't break the...
After bearish candle of 1Jan today good fall we can see also all level was given my previous chart analysis. All level was given in chart in very clear. Scenario Happen: Market will open between 47871- 48212 then it will be side base market. If open below 47882 wait for make a resistance at level 47882 then short your position. Also follow volume. It will...
Reliance Industries RELIANCE1! on Tuesday said it invested 33 bln rupees ($396.2 million) in ALOK by subscribing to preferential shares of co. RELI, the largest shareholder of ALOK, holds a 40% stake in co It's a penny stock . Today's news this stock create upper circuit. These are the Level Details here for Stop Loss : 20.50 21.10 22.50
In weekly chart we can see after double top price was fall. And whole 2023 reate a strong support at 441.70. Very Strong Support - 441.70 Now 464 resistance level is breaking. If we see this week creating a red candle but volume is good and as expected price will go higher and touch 500 within couple of month. It Creating cup and handle pattern. If we see very...
From 52000 to 72717 it's follow a trendline . It respect 52 EMA very well. Also we can see a bullish engulfing candle was created in weekly chart . It's a good sign for bull run. This year is the right time to invest in SILVER. After breaking 78322 bull run start. Also global market perform very well . Resistance 1: 72317 Resistance 2: 74136 Support 1:...
Today KOTAK MAHINDRA BANK is bearish. Support Area: 1857-1861 Intraday Resistance : 1907-1905.95 When price near intraday resistance with bearish confirmation we can short and trail Stoploss. Thanks, Kaustav Hazra
BSE in bearish now till trend line breakout We can Continue short till a support of 2136.25 . Whenever it touch trendline with good selling volume we can short. For Long term Buying position: Above 2301 support of 2136.25 Ask me anything. Thanks and Regards, Kaustav Hazra
Intraday view stock is in down trend. It's follow a trendline . When price will be near at or touch trendline we can shorts our position. For long term investor buy on dip . It's a best options for them . Support: 1092 Resistance: 1104 Maximum volume at 1100 (So we can think if price will be near this level and create a bearish candle we can make a position on...
Bank Nifty is in good Support zone Today market was side base except last move. From 27 December 2023 -1 January 2024 it create a support Zone. Today we can see a fake breakout at14:15. Reason behind the reason: Volume was very not supporting the price. Also MACD was indicate downtrend for the day. If we see Option data at the time of price increase but...
ICICI is consolidate between 990-1008 Overall view of this chart: create high near about18 December after that create a downtrend and at support area 990 it's consolidating . If break 990 and price wait under 990 for 1-2 days then we can see a downtrend move for this stock. If price goes up above 1008 don't create position wait for retracement . after retrace...
HDFC follow a trendline as per I draw. Nearest strong Support at :1696 If tomorrow price break the trend line then your buying entry will be available after price settle up 1705. Next Support area 1684.55 MACD and RSI is indicate bearish for intraday. In a day timeframe Log term HDFC is bullish . If you are an investor then you can buy on dip.
Overall this stock is Bullish Mode. It creating all time high. For Intraday - 30 min chart - After a good rally it create a bearish candle at30 December. 15 min chart - Resistance at 800. Price is under the VWAP and can't cross or break 785.85 Intraday Support :769.10 If market open at side base you can wait for a support at 769.10 and find any bullish...
48180 Support Zone. If volume will be low then Sort term resistance will be 48374.48593 is strong resistance. Strong resistance: 48593 Any bearish candle near resistance SELL. Intraday Levels: Support: 48180 Buy small quantity near Support. Expectations: Side base Day To motivate us, Please like the idea If you agree with the analysis. Happy Trading! Kaustav Hazra