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NIFTY Intraday Trade Setup For 26 May 2022 Buy-Above 16100 Sl-16160 T-16160 16260 16360 Sell-Below 16000 Sl-16050 T-15900 15850 15800 NIFTY continued the downtrend for the 3rd consecutive day. Last day we planned to sell below 17100 for the target of 16000. It opened with a gap up, the 10 o'clock range broke downside below 16120. In this continuation it broke...

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BANKNIFTY Intraday Trade Setup For 25 May 2022 Buy-Above 34820 Sl-34700 T-35000 35200 35500 Sell-Below 34100 Sl-34200 T-33900 33600 33400 BANKNIFTY has closed almost flat on Tuesday. It was a complete consolidation between 34100 and 34500. None trade triggered as per pre analysis. Two consecutive shooting stars formed in daily TF. Breakdown of 34100 will lead...

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NIFTY Intraday Trade Setup For 25 May 2022 Buy-Above 16265 Sl-16210 T-16350 16400 Sell-Below 16100 Sl-16160 T-15970 15850 NIFTY has closed 0.5% down today. Last day we planned to sell below 16200. It gave a move till our 1st target 16100-20. After that index was sideways with dirty swings to manage premiums both in Options and in Futures. This is likely to...

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#SBICARD Buy-Above 750 Sl-700 T-825 890 1100+ A double bottom formed in daily TF.

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What is the Shooting Star candlestick pattern? A shooting star candlestick pattern is a chart formation that occurs when an asset’s market price is pushed up quite significantly, but then rejected and closed near the open price. This creates a long upper wick, a small lower wick and a small body. The upper wick must take up at least half of the length of the...

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BANKNIFTY Intraday Trade Setup For 24 May 2022 Buy-Above 34820 Sl-34700 T-35000 35200 35500 Sell-Below 34100 Sl-34200 T-33950 33750 33600 BANKNIFTY has formed a shooting star candle in daily TF. We planned to buy above 34360. Our final target was the hourly resistance- 34800. It hit our target and gave 450 points gain. Then as as usual fall from resistance till...

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NIFTY Intraday Trade Setup For 24 May 2022 Buy-Above 16415 Sl-16360 T- 16500 16600 16700 Sell-Below 16200 Sl-16260 T-16100 16000 NIFTY has formed a shooting star candle in daily TF, closed almost flat. Last day we planned to buy above 16280. As soon a 5 Min candle candle closed above our buy level it gave a move till our target 16400+. Then a sharp fall from...

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BANKNIFTY Intraday Trade Setup For 23 May 2022 Buy-Above 34360 Sl-34250 T-34580 34800 Sell-Below 34150 Sl-34250 T-34000 33600 BANKNIFTY closed at day high on Friday. It has made a bullish candle in weekly TF. Important support is 33000, below this next downside move will be triggered. 34800 is the daily swing high, above which a bounce till 36650 can be...

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NIFTY Intraday Trade Setup For 23 May 2022 Buy-Above 16285 Sl-16225 T-16400 16500 16600 Sell-Below 16180 Sl-16230 T-16100 16000 NIFTY closed at day high on Friday. The weekly candle is a bullish engulfing candle. Next downside move will be come below 15700. Till then no aggressive selling. The daily price structure is on a reversal situation. Above 16500 a...

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BANKNIFTY Intraday Trade Setup For 20 May 2022 Buy-Above 33400 Sl-33300 T-33600 33750 Sell-Below 33180 Sl-33300 T-33000 32800 32600 BANKNIFTY has closed at 33300 with 2.5% cut. It opened with big gap down. The 10 o'clock range broke downside below 33380 and gave a downside move till 33200. There were deep pullbacks in between. NIFTY was smoother than...

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NIFTY Intraday Trade Setup For 20 May 2022 Buy-Above 15900 Sl-15850 T-16000 16085 Sell- Below 15735 Sl-15785 T- 15650 15600 15500 NIFTY has closed at 15800. It opened with a big gap down. Tested hourly support- 15900 in the 1st 15 Min. gave a perfect bounce of more than 50 points from there. Then 10 o'clock range broke downside below 15900 and it gave a smooth...

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BANKNIFTY Intraday Trade Setup For 19 May 2022 Buy-Above 34400 Sl-34300 T-34600 34800 35000 Sell-Below 34130 Sl-34250 T-34000 33800 33600 BANKNIFTY has formed an negative candle on Wednesday and closed at day low. We planned to buy above 34400. It hit our 1st target 34600 and fell from the PRZ area. Both moves were clean and smooth. Market is likely to show...

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NIFTY Intraday Trade Setup For 19 May 2022 Buy-Above 16400 Sl-16350 T-16500 16600 16700 Sell-Below 16200 Sl-16250 T-16080 15980 15900 NIFTY has closed almost flat on Wednesday. We planned to buy above 16285 for the target of 16400 and above. Gave 100 points and reversal from our PRZ at 16400. Both moves were clear. Coming to tomorrow's trade setup:- Index has...

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#SHRIRAMCIT Buy-Above 1700 Sl-1500 T- 1950 2200 2350+ Consider building long from CMP area, however conformation is above 1800.

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BANKNIFTY Intraday Trade Setup For 18 May 2022 Buy_1-Above 34400 Sl-34250 T-34600 34800 35000 Buy_2- From 34000 Sl-33850 T-34300 34600 35000 BANKNIFTY has closed with 2% gain on Tuesday. It went as per our plan. We planned to buy above 33800. It closed at day high at 34300. It gave 500 points gain. This was smooth. Now 34000 will act as a support. No aggressive...

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NIFTY Intraday Trade Setup For 18 May 2022 Buy_1-Above 16285 Sl-16230 T-16400 16500 16200 Buy_2- From 16100 Sl-16040 T-16200 16300 16400 NIFTY has given a follow up after the reversal candle formed in daily TF yesterday. We planned to buy above 15905. It triggered our buy trade and it just sky rocketed. From 15905 it shot up till 16280 and closed at day high....

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#ASIANPAINT Sell-Below 3000 Sl-3140 T- 2800 2670 2600 Stock is ready to break an important support zone. Ride it with strict trailing as it is a INDEX pack.

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#LALPATHLAB Buy-Above 2200 Sl-2050 T- 2550 2750 2900 Stock has hit daily PRZ at yesterday 2165. Lower wick can be seen, indicating some kind of short covering. Above 2400 the reversal trade will be confirmed. Higher chances to touch 2900 above 2400. If today's low is not breached then we will trail sl after 1-2 day's of up-move.