Trading_hawk

Trading_hawk

NSE:BANKNIFTY Observations: 1) On 1 day time frame, we can see that it is trading above 100DMA. After giving breakout of the resistance channel it is back again inside the triangle pattern. Now below it has support channel and 100DMA as support. Breakdown of it can make is more bearish. Please refer below chart : 1day Time Frame. ...

Trading_hawk

NSE:NIFTY Observations: 1) On 1 day time frame, if you remember this support channel from my previous trade setups then we can see that now it is back in this support channel and closed around the middle trendline of this channel. Also if you apply 100EMA on 1 day time frame, then it closed decisively below it. 100EMA is placed at 17363.23 level. Please...

Trading_hawk

NSE:TATAMOTORS Observations: 1) On 1 day time frame, it closed just above the upper trendline of the support channel as well as above 500 level. 500 is a support at this time. If it sustain above it then we can see an up move. Breakdown of it, can lead fall to the middle trendline of the channel and even in worst case the bottom trendline of the channel. ...

Trading_hawk

NSE:VEDL Observations: 1) On 1 day time frame, we can see that it came out from the resistance channel. Also it came out from the neck line of rounding bottom pattern and closed above 350 level. Next resistance is at 360 level. Safe buy on sustainable breakout of 360 level. Please refer below chart : 1day Time Frame. ...

Trading_hawk

NSE:MARICO Observations: 1) On 1 day time frame, we can see that it came out from the resistance channel and already took support from it. On Friday it made good bullish candle and also closed just above 510 level. Now immediate major resistance is at 520 level. Please refer below chart : 1day Time Frame. ------------------------------------- Trade...

Trading_hawk

NSE:NIFTY Trade Setup for 07-02-2022 1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action. 2) Everything is mentioned on the chart. I hope it is easy to understand. 3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level. 4) Avoid gap up or...

Trading_hawk

NSE:BANKNIFTY Trade Setup for 07-02-2022 1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action. 2) Everything is mentioned on the chart. I hope it is easy to understand. 3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level. 4) Avoid gap up...

Trading_hawk

NSE:SBIN Again selecting this stock. All the trade setup and levels will remain same. Trade Setup for 04-02-2022 1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action. 2) Everything is mentioned on the chart. I hope it is easy to understand. 3) All the levels will work as support,...

Trading_hawk

NSE:COLPAL Observations: 1) On 1 day time frame, it made rounding bottom pattern. Resistance range is 1480-85 level. Please refer below chart : 1day Time Frame. ------------------------------------- Trade Setup for 04-02-2022 1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price...

Trading_hawk

NSE:BANKNIFTY Trade Setup for 04-02-2022 1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action. 2) Everything is mentioned on the chart. I hope it is easy to understand. 3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level. 4) Avoid gap up...

Trading_hawk

NSE:NIFTY Observations: 1) On 1 day time frame, it face resistance from 21DMA and closed below 100DMA. Now next support is at 50DMA. Please refer below chart : 1day Time Frame. 2) If you remember support channel, then we can see it closed almsot just at the upper trendline of channel. Please refer below chart : 1day Time Frame. ...

Trading_hawk

NSE:SBIN Observations: 1) On 1 day time frame, we can see rounding bottom pattern. And stock is near the resistance zone. Either from here on breakout of this range it can give good up move or if it failed then we can see down fall. Please refer below chart : 1day Time Frame. 2) Also on 15min time frame, we can see this support channel. Please refer...

Trading_hawk

NSE:ABFRL Observations: 1) On 1 day time frame, it made cup with handle pattern. And today it closed in the resistance zone 305-310 level. Breakout of 310 will give good up move of 5-8 point easily on intraday basis. Please refer below chart : 1day Time Frame. ------------------------------------- Trade Setup for 03-02-2022 1) Don't Jump in to...

Trading_hawk

NSE:HDFCBANK Again selecting the same stock for tomorrow as well. Observations: 1) On 1 day time frame, It gave breakout of the resistance channel. Please refer below chart : 1day Time Frame. ------------------------------------- Trade Setup for 03-02-2022 1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min...

Trading_hawk

NSE:BANKNIFTY Observations: 1) On 1 day time frame, It gave breakout of the channel as well as resistance zone of 38900-39200. Now next major resistance zone is at 39500-39575 range. Please refer below chart : 1day Time Frame. ------------------------------------- Trade Setup for 03-02-2022 1) Don't Jump in to trade at the beginning of the market....

Trading_hawk

NSE:NIFTY Observations: 1) On 1 day time frame, it closed just above 21DMA. 21DMA is placed at : 17768.74, which means 17770 is immediate support. Above this level it is bullish below this it is slight bearish. Major support is in range of 17600-17650. Below this range only it will be in bearish bias. Please refer below chart : 1day Time Frame. 2) On...

Trading_hawk

NSE:HDFCBANK Observations: 1) On 15min time frame, we can see it has been rejecting from the resistance channel and also it is having immediate resistance at 1500 level. Breakout of it can give easy 20 points up move and can also give another 20 points till 1540 level. Please refer below chart : 15 min Time Frame. ------------------------------------- ...

Trading_hawk

NSE:CIPLA Observations: 1) On 1 day time frame, We can see that it made double bottom pattern and now it is near the neck line of it. But today it made Doji candle with closing below this neckline. If tomorrow or in coming days it gives the breakout of either side then we can see the momentum on that side. Please refer below chart : 1day Time Frame. 2)...