TheMamboMomentum

TheMamboMomentum

Bajaj finserve is near a crucial support as it is retesting the previous resistance. On a daily time frame, the stock is taking support at 20ema. A break out and retest a nice trading setup. Support :- 16550, 15825, 15200. Resistance :- 17200,17750. On weekly time frame, it is forming lower lows and lower highs. Wait for the price action near the levels for...

TheMamboMomentum

Asian paints on weekly time frame is near its 0.618 fib levels and has closed over its 20 ema. Stock seems bullish on weekly chart and on daily time frame the moving averages has given a cross over. It seems as the stock is in accumulation phase. Support :- 3090, 2974 Resistance:- 3281, 3357 Wait for the price to break the levels and sustain the levels. Swing...

TheMamboMomentum

Bank nifty is still confusing and is consolidating . Nifty has given a strong closing today but bank nifty is forming an inside candle on daily chart frame. If bank nifty breaks the consolidation range of 37430-37850, it can be trending. Support :- 37375, 37000 Resistance:- 37800, 38000, 38150 Market can give a good move either side as it has...

TheMamboMomentum

Nifty seems bullish on daily time frame. After a nice Consolidation it has taken out the high of last trading day and has closed near the resistance level of 17800. Support :- 17675, 17500 Resistance:- 17910, 18000, 18100 Market has respected the levels of 18k, to support around its 20ema on 15 minute time frame. It can again test them again during the next...

TheMamboMomentum

On a daily time frame, the stock after a bull Run has been consolidating. The flag and pole pattern is a bullish pattern and once it breaks out of the parallel channel it will give good targets. Support :- 1150, 1138 Resistance:- 1223, 1254 Wait for the break out of the parallel channel

TheMamboMomentum

Nifty has given a nice touch to the previous support and 20 ema on 15 mint chart frame. Market is between 20 and 200 ema. Nifty looks bearish on short time frame. Support :- 17500, 17425 Resistance:- 17700, 17800 Wait for the price action near the levels

TheMamboMomentum

Bank nifty has consolidated in a range for 2 days. It has closed under 20 ema and if breaks the support can fill the gap. Support:- 37550, 37375 Resistance:- 37800, 38000, 38150 Wait for price action near the levels.

TheMamboMomentum

Nifty50 is still trading in the zone and as expected consolidated whole day. Nifty is still in the zone and seems stronger than bank nifty but has closed under 18000. If nifty retraces it can cover the gap. Support:- 17900, 17800. Resistance :- 18100, 18319 Wait for the price action near the levels for deciding the trend on the smaller time frame.

TheMamboMomentum

Bank nifty on a smaller time frame looks bearish and has closed below narrow range. Market on the whole is bullish on daily time frame and can retrace to cover the gap create. Support :- 37800, 37345 Resistance:- 38352, 38700. 39000 Wait for the price action near the levels before entering any trade.

TheMamboMomentum

Bank nifty has stretched from its recent retest. It opened gap up and even traveled above 38500. Resistance :- 38700, 38980-39000 Support :- 38580, 38350 Wait and watch for price action near the levels. Market may stretch or consolidate tomorrow.

TheMamboMomentum

Bank nifty on multiple time frame seems bullish. On a weekly time frame, it has crossed its 20 ema and has sustained above the level. It can remain bullish or can retest and achieve higher levels. Resistance :- 37374, 37800, 38000 Support:- 37000, 36600, 36380 Wait and watch for the price action near the levels before entering any trade.

TheMamboMomentum

The market has gained 4% in the month on march. Nifty has crossed the resistance level of 17500 and has closed at 17670. Support:- 17800, 18120, 18320 Resistance:- 17500, 17425, 17320 Nifty has a lot of support on a smaller time frame tha will resistance a huge and sudden fall in the markets. Wait and watch for the price action near the levels before entering...

TheMamboMomentum

Nifty future are forming a perfect head and shoulder pattern on 15 minute chart frame. If the structure breaks down, good targets can be achieved. Wait for the pattern break down for entering the trade. Support :- 17510, 17480, 17400 Resistance:- 17590, 17700

TheMamboMomentum

Bank nifty is trading in a parallel channel. It consolidated while day in a narrow range and closed below its 20EMA. The current close is between its 2 moving averages i.e. 20 and 50. Support :- 36200, 36075, 35950 Resistance:- 36380, 36500, 36600 Nifty looks bearish and bank nifty too can break the channel and travel below its moving averages. Wait and watch...

TheMamboMomentum

Head and shoulder break down in nifty and can crack more if it breaks its 50Ema on 15 minute time frame. After 3 day, nifty has closed below its 20 EMA on smaller time frame. Nifty has stretched a lot and can cool down tomorrow. Support :- 17450, 17406, 17320 Resistance:- 17500, 17590 Wait for the price action near the levels.

TheMamboMomentum

Bank nifty is trading above its 20EMA on a 15 minute timeframe. Markets are bullish and may remain positive until it sustains above and respect its 20 ema. Support :- 36225,36000 Resistance :-36380, 36600, 37375 Wait for the price action near the levels for entry and exit.

TheMamboMomentum

Bank nifty is trading above its 20EMA on a 15 minute timeframe. Markets are bullish and may remain positive until it sustains above and respect its 20 ema. Support :- 36225,36000 Resistance :-36380, 36600, 37375 Wait for the price action near the levels for entry and exit.

TheMamboMomentum

Nifty as predicted was bullish and can remain positive for tomorrow. It has closed above its 20EMA on a 15 mint time frame. Support:- 17450, 17320 Resistance:- 17500, 17595 Wait for the price action before entering into trade.