TheMamboMomentum

TheMamboMomentum

Nifty has tested its level of 16800 in the last trading hour of the market. Nifty can consolidate or move further down tomorrow. It has tested the fib level of 0.5 on daily time frame. Support :- 16830, 16600 Resistance :- 17000, 17240 Wait for the price action near the levels for confirmation.

TheMamboMomentum

Banknifty has dropped 1000 points in last trading hour. The market looks bearish for tomorrow as it has broken the 200 ema on 1 hour time frame. Market can consolidate or move even further down to the levels of 35600. Support :- 35945, 35600 Resistance :- 36200, 36380 The market has dropped and the trend can continue. Wait for the price action near the levels...

TheMamboMomentum

Bank Nifty is taking resistance from its 20 ema on a 15 minute time frame. Todays candle show some confusion as it has formed a doji and has closed between its 20 and 200 ema. On 60 minute and 4 hour time frame, Banknifty is taking resistance from its 200 ema. Support :- 36650, 36380 Resistance:- 37000, 37330 The market has been opening gap up or down. Wait...

TheMamboMomentum

Nifty has closed near its 20 ema on a 15 minute time frame. Todays candle show some confusion as it has formed a doji and has closed between its 20 and 200 ema. Support :- 17100, 17000, 16830 Resistance:- 17240, 17330 The market has been opening gap up or down. Wait for the levels to be tested and confirm with the price action near support and resistance.

TheMamboMomentum

Britannia on a daily time frame, has formed a shooting star or inverted hammer kind of candle. For last 3 trading days it has been consolidating near a crucial monthly resistance. If the price of the stock closes below 3340 on daily basis it can fall further. Support :- 3280, 3180 Resistance :- 3350, 3402 Wait for the levels to sustain above/below the...

TheMamboMomentum

Cipla has been trading in a range from 22/03/22. The volume seems to drop and the range is a accumulation zone. On daily time frame, the price is around its 20 ema look for the break out and once the levels are broken the stock can give a good move on either side. Support :- 1005,987 Resistance :- 1045, 1068 The stock can be added for a swing trade and intraday...

TheMamboMomentum

Coal India is trading just near it 20 ema on a daily time frame. The stock has given a break down of a trend line and has retested it. The volume analysis are also supporting the break down. Support :- 182.5, 172 Resistance :- 192, 197 If the price crosses below the level of 184 the entry can be made. Wait for the price action near the levels.

TheMamboMomentum

Gail on a weekly time frame has crossed it resistance level and has closed above it. The stock looks bullish and can make new ATH. Daily time frame, there is a crossover of the moving averages which give another confirmation of a bullish rally. Support :- 165, 160 Resitance :- 170, 177 The resistance are taken from the fib levels and previous high. Wait for...

TheMamboMomentum

Nifty is on shorter time frame, looks bearish and is respecting the resistance levels. On daily time frame, the market is taking support from its 20 ema but on hourly time frame the price is between 20 and 200 ema. Support :- 17245,17330 Resistance :- 17500, 17600 Market has been opening gap up or gap down and consolidating the whole day. The market can be...

TheMamboMomentum

Bank nifty has been trading in a wide price range . Weekly analysis shows a touch at 0.382 fib level. On 15 minutes time frame, the market has closed below its 20 and 200 ema. Support :- 37344, 37000 Reistance :- 37580, 37800. Market can break the levels and can be trending in the coming week. Wait for the price action near the levels before entering any trade.

TheMamboMomentum

Ethereum looks bullish on a higher time frame and has crossed the resistance of 3100 levels. It has closed above the level on daily time frame and is taking resistance form is 20 ema. A nice morning star pattern is there on a daily time frame and trading between the moving averages. On a 4 hour time frame the coin has given a "W" pattern break out with good...

TheMamboMomentum

Bitcoin is trading around a crucial fib level on a weekly time frame of 41390 (0.50 fib level). It seems bullish on higher time frames of weekly as it has taken support form 0.382 fib level, for swing trades we can enter is a 4 hour candle closes above 41500. On daily time frame analysis, it is forming a lower highs and lower lows and has given a cross over of...

TheMamboMomentum

Bank nifty as predicted trade in the range and blasted in the second half taking resistance from the levels. Nifty was weak as compare to Banknifty. Support:- 37588, 37375 Resistance:- 37940, 38150 Wait for the price action near the levels. Tomorrow is expiry and market can be trending. Big move expected.

TheMamboMomentum

Banknifty has been trading in a range and has consolidated for 3-4 trading days. If the price breaks the level of 37375, it will break the support zone and 200ema on 15 minute time frame. Support :- 37375, 37000 Resistance:- 38940, 38150. Banknifty can be trending as it has consolidated. Just wait for the price action before entering the trade.

TheMamboMomentum

Nifty is taking support from the support zone 17625-675. It has closed just near the support zone and 200ema on 15 minute time frame and is taking resistance from 0.382 fib levels. Support :- 17625, 17500 Resistance:- 17795, 17910 Market has consolidated and can go trending as the expire is also on Wednesday. Wait for the price action near the levels before...

TheMamboMomentum

Ethereum has streched for contunues week and changing the trend near the support level. Its taking support from the 20 ema on a weekly time frame. The price has tested the support and has given a upmove. On daily time frame too there is a bullish momentum in the price as its taking support from 20 ema and has given a cross over in the moving averages. Ethereum...

TheMamboMomentum

Ethereum has streched for contunues week and changing the trend near the support level. Its taking support from the 20 ema on a weekly time frame.The price has tested the support and has given a upmove. On daily time frame too there is a bullish momentum in the price as its taking support from 20 ema and has given a cross over in the moving averages. Ethereum...

TheMamboMomentum

Bitcoin on a weekly analysis is forming an evening star chart pattern and is taking support. It is trading below its 20 ema and 0.382 fib levels. On daily time frame, it has closed below is 20 and 200 ema and seems little bearish for short time fame as 4 hour time fame has given a moving average cross over. It can retest its 20 ema on 4 hour time fame and fall...