Hello Traders, What a superb week was there for banking sectors creating new high will Lots of volatility in it. Specially 21 sept session was extra volatile & we see lots of ups & downs. As we can se Bank nifty broke the Previous resistance of 53357 & closed at the fresh Highs. Above 3% gains recorded in this week. Now its time for it to cool down for...
Banknifty is Trading near Its ATH levels. I know 90% of traders tracking Banknify once it breaks above 53400 levels i will be sky rocket or the reversals can occur due to the equinox 21 sept. Be cautious while trading banknifty. Thank You Prince
Hello Traders, As we can see the whole Trading session ITC failed to Sustain above 510.65 levels which is the strong resistance in ITC now. & the data says very big short positions has been created in ITC. Be aleart It can reverse at any given point of Time. Thank You Prince
Hello Traders, As we all know the Current trend of the IT sector is bullish & as we can see TCS making new highs. But will the breakout move sustainable or not. On the hourly chart there was a Strong volume on Last 2 hours of Friday session. Is it a Volume trap shown to us or something else is Cooking inside. Dont just rush to trade TCS on monday. Just wait...
Hello Traders, As we all know Pharma, IT, FMCG is driving the market right now. As the sector is bullish, just keep an eye on TCS about to make Fresh Highs. Volume confirmation seen on Last 2 hours of Friday session. Once breaks above resistance plan for a swing trade with LOW RISK & HIGH REWARD. Educational Purpose Only Thank You Prince
Hello Traders, Hindustan Petroleum has Started rising again & given the breakout above the 415 retest zone. Plan out for a swing trade. Boollinger Band Expansion on hourly chart with volumes, can give better targets. Educational Purpose only Thank you Prince
Hello Traders, Nifty Has Given a Strong breakout & retested its Previous Highs, Advance GFS setup HTF RSI > 60 levels & 1 Hour at 60 & U- Turn. Can expect 200-300 points move swing trade. Low Risk & High reward setup. Educational Purpose only Thank You Prince
Hello Traders, Sabka Pyaara Sabka Chahita Apne ITC se nazar mat hatana, Keep an eye on the Mini bull, Sector is performing well & the Leader is Just near Breakout zone 510. Monthly RSI > 60 WEEKLY RSI > 60 & Daily is Taking rest at 60 zone. Can Give the Big Targets in coming Months. Education Purpose Only Thank You Prince
Hello Traders, Just for the small thing i noticed today, Before opening bell the Zee business Researcher has Given the Trading call in Alkem labs & i was just watching the Trading session every hour cause in my watchlist through (TOP DOWN APPROACH) study . How Does the news can influence overall sentiment of the candle, on the first hour every single person was...
Hello Traders, Lupin has Successfully Breaked out of resistance & the 20% swing trade is on. EDUCATIONAL PURPOSE ONLY THANKS PRINCE
Hello Traders, Lupin is all set to break the Cup of almost 9 Yrs. Sector is Performing well & Stock is in the radar. Kepp the eyes on this stock, with high volatility it will give upto 20% in single swing trade. Facing resistance on from 2 weeks in Daily chart just wait for the Breakout to Happen on Hourly & all set to Go. Monthly , Weekly & Daily Rsi...
Hello Traders, Tata Consumer Product is in a Way to new Life Time High. Moving forward with the H&L pattern. With this move the Momentum indicator has also given a Signal to Buy the Stock. But let the move to be Confirmed . Higher probability is That it can break above the Highs, Weekly & Monthly RSI above 60 range . Daily is slightly crossing above the...
Hello Traders, There is High Traffic Jam in LT now days. Seems that it could not define the way but something big is planning out there. Once it has been revealed be prepared for the results. Be cautious there could some accidents can occur too. Because the accumulation is going on too serious that is results can make a History. Possibility & higher chances...
Hello Traders , No doubt the Banknifty buyers are pushing hard to stay above 51800 levels. Today it has shown a Strong rejection on down levels indicates the fresh buying pressure in market. For me its still in Sideways range & bollinger band contraction mode. But the possibility is higher in Banknifty to Break above the Highs. So lets be prepared for the...
Hello Traders ! SBIN currently change in structure observed from the new move. Started creating HH pattern with increasing volume. About to Break ATH levels & for a Trending Move ahead. Education purpose only. Thanks Prince
Hello Traders ! SBIN currently change in structure observed from the new move. Started creating HH pattern with increasing volume. About to Break ATH levels & for a Trending Move ahead. Education purpose only. Thanks Prince
Hello Traders. As we can See that Banknifty is Currently trading at DO or DIE zone. Sellers have Taken control over the scrip & once the level of 52000 Has been Broken the sharp move we can See. Happy Trading PRINCE
Reliance is in a Strong Bullish zone , As we can see after the friday breakout the Range & size of the Candle is getting smaller & momentum is decreasing by Time. Possibly a Correction could appear & divergence move on RSI compared to Previous high. Not Planning to Trade Aggressively Just wait & watch. Closses around interesting level. 3200 is the major...