A Symmetrical Triangle is considered a bullish signal, indicating that the current uptrend may continue. It is a bullish continuation pattern. It is a volatility contraction pattern. This means volatility in the market is shrinking and a sign the market is likely to breakout, soon. A Symmetrical Triangle shows two converging trendlines, the lower one is ascending,...
BANKNIFTY Intraday Trade Setup For 15 Mar 2022 Buy-Above 35450 Sl-35350 T-35600 35720 35900 Sell-Below 35000 Sl-35100 T-34800 34600 34400 BANKNIFTY has closed 750+ points up today. Half the gain came from HDFCBANK alone after RBI lifted all restrictions. We planned on weekend to buy above 34700 if we get a 15 min candle close. Trade went all smooth from 34700...
NIFTY Intraday Trade Setup For 15 Mar 2022 Buy-Above 16890 Sl-16840 T-16950 17000 17065 Sell-Below 16800 Sl-16850 T-16750 16700 16650 NIFTY has closed almost 250 points up today. We planned to buy above 16670 if we get a 15 min candle close above that. As soon as prices closed above that index become trending and shot till 16887. It gave almost 200 points...
BPCL Buy-Above 355 Sl-330 T-380 405+ Stock has made a double bottom. neckline has been broken.
BANKNIFTY Intraday Trade Setup For 14 Mar 2022 Buy-Above 34700 Sl-34600 T-34880 35000 35150 Sell-Below 34300 Sl-34400 T-34000 33800 33600 BANKNIFTY has traded almost inside the Thursday's trading range on Friday. It was a complete consolidation. It is trading between the range of 35000 and 34000. Index is likely to show a sideways momentum for somedays. Because...
NIFTY Intraday Trade Setup For 14 Mar 2022 Buy-Above 16700 Sl-16650 T-16800 16900 17000 Sell-Below 16550 Sl-16600 T-16460 16350 16250 NIFTY has made a an inside candle on Friday. It was a complete sideways market on the last trading session. FIIs and DIIs have subsided their activity since last 3 trading session. Since last 2 days, intraday range is untouched....
BANKNIFTY Intraday Trade Setup For 11 Mar 2022 Buy-Above 34700 Sl-34600 T- 35000 35200 35500 Sell-Below 34200 Sl-34300 T-34000 33800 33565 BANKNIFTY opened with a very big gap up on Thursday because of global market rally. We planed to trade the 10 o'clock range in case of any big gap up/down. 10 o'clock range was 35070 and 34715.We got moves in both the side....
NIFTY Intraday Trade Setup For 11 Mar 2022 Buy-Above 16630 Sl-16580 T-16720 16800 Sell-Below 16450 Sl-16500 T-16350 16270 NIFTY opened with a very big gap up on Thursday because of the global market short covering move. We planned to wait for the 10 o'clock range in case of any big gap up/down. The 1st 1 Min candle was the 10 o'clock range today. Index made a...
After a good correction in all the crypto market. A bottom/base seems to be formed. If It has to give a good up move, this is the place after the trendline breakout it will change its swing to uptrend. Levels are well explained in the charts.
#CHENNPETRO Buy-Above 117 Sl-100 T-140 150 175 The stock has made double bottom in weekly TF. Neckiline has been broken above 117. Target will be 145 and 170+. RR is good here. But sl is a bit aggressive.
BANKNIFTY Intraday Trade Setup For 10 Mar 2022 Buy-Above 34020 Sl-33900 T-34200 34500 34650 Sell-Below 33700 Sl-33800 T-33500 33300 BANKNIFTY has closed on a positive note on Wednesday. Shorts have been covered before a day of expiry. We planned to buy above 33300. After making a tight range below 33300, range broke and shot up till 33969. It was a good...
NIFTY Intraday Trade Setup For 10 Mar 2022 Buy-Above 16420 Sl-16370 T- 16500 16570 Sell-Below 16320 Sl-16370 T-16260 16200 NIFTY gave another follow up after the daily Doji candle. We planned to buy above 16030. Index made a perfect long confirmation candle in 15 Min and it just moved till 16418 non stop. All buy targets were achieved. This was a short covering...
BANKNIFTY Intraday Intraday Trade Setup For 9 Mar 2022 Buy-Above 33300 Sl-33200 T-33500 33700 34000 Sell-Below 32990 Sl-33100 T-32800 32500 32200 BANKNIFTY has made a big bullish candle in daily TF. This is after many days that index has closed at day high. Some profit booking is taking place plus some buyers are getting in. We planned to short below 32350 and...
NIFTY Intraday Trade Setup For 9 Mar 2022 Buy-Above 16030 Sl-15980 T-16130 16250 Sell-Below 15940 Sl-16000 T-15890 15815 NIFTY showed some profit booking today, profit booking by short sellers. On Monday it made a hammer like candle. We planned short below last Monday low, it gave a small profit of 50 points. then Double Bottom was formed and index gave a good...
BANKNIFTY Intraday trade Setup For 8 Mar 2022 Buy-Above 33130 Sl-33000 T-33500 33800 34000 Sell-Below 32600 Sl- 32700 T-32400 32100 32000 BANKNIFTY opened with a very big gap down today. With that today there was some issue with NSE server issue. It continued its major trend and no major bounce was seen. Coming to tomorrow's trade setup, we will sell below...
NIFTY Intraday Trade Setup For 8 Mar 2022 Buy-Above 15950 Sl-15900 T-16130 16200 16250 Sell-Below 15700 Sl-15750 T-15590 15500 NIFTY opened with a huge gap down today as usual. Also there was NSE server down issue which created a fuss in today's trading session. Volatility was very high. Coming to tomorrow's trade setup we have got a good range to trade. Has...
#INFY Sell-Below 1650 Sl-1700 T-1510 #INFY- The stock has made a bearish setup in the higher TF. It has made a Head & shoulder pattern in weekly TF. Trading almost on the neckline. Along with that the stock has made a descending triangle in daily TF. This stock is untouched in the current Profit booking since Oct 2022. Stock is ready for a new price structure in...
NIFTY Intraday Trade Setup For 07 Mar 2022 Buy-Above 16460 Sl-16440 T-16500 16560 Sell-Below 16130 Sl-16170 T-16000 15890 NIFTY has shown a big 2 way move on Friday's trading session. The swings were too big. Fell from 16360 to 16135 and from there it shot up till 16456. We have to use this range to build our trade setup on Monday. Range is too big by the way....