NSE:BIOCON Observations: 1) On 1 day time frame, it is near the resistance zone. 380 is immediate breakout level. Please refer below chart : 1day Time Frame. 2) On 15min time frame, we can see that it is trading and making accending triangle pattern. Please refer below chart : 15 min Time Frame. ------------------------------------- Trade Setup...
NSE:BANKNIFTY For those parallel channel please refer my previous trade setup provided in related link. Trade Setup for 02-02-2022 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...
NSE:NIFTY Observations: 1) On 1 day time frame, it took support from 100EMA and remained below 100MA. 17640 is immediate resistance. 17350 is immediate major support. Please refer below chart : 1day Time Frame. 2) Also on 1 day time frame, it managed to close above the parallel channel. Please refer below chart : 1day Time Frame. ...
NSE:BANKNIFTY Due to space constrain, I am able to write levels only. Most of trade setup will remain same as per previous. Only difference will be that we might see more volatile and big moves. Better to trade with strict SL and be quick in booking profit. Due this budget event most of option premium are high, and once this event is over then we might see...
NSE:NIFTY Observations: 1) On 1 day time frame, it closed just below 100EMA. Which is placed at 17346.7 And during all the day it was taking resistance from 17400-17410 level range. Range of 17400-410 is now immediate major resistance. 17320 is immediate support. And immdiate support after that is at 17280. And major support range is at 17250-17265....
NSE:MARICO Trade Setup for 31-01-2022 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...
NSE:DRREDDY Observations: 1) On 1 day time frame,we can see that it has been having continious down fall and now it is near to immediate last major support of 4200 level. Range of 4200-4275 is working as support in previous days. It has now chance to bounce from it. But if it failed and gave breakdown of 4200 level range then we can see some more down fall...
NSE:NIFTY Observations: 1) On 1 day time frame, it faced resistance from 100EMA. 100EMA is immediate major resistance. it is placed at 17346.30. Please refer below chart : 1day Time Frame. 2) Also On 1 day time frame, it closed in channel. And made a bearish candle closing below the middle trendline of channel. Please refer below chart : 1 day Time...
NSE:BANKNIFTY Observations: 1) On 1 day time frame, it closed just above 100DMA. 100DMA is at 37596.89 level. currently it is immediate support. Below this it can try to test 37500 and 37000 level. Please refer below chart : 1day Time Frame. 2) On 1 hr time frame, we can see the triangle pattern in long-term with resistance channel and support...
NSE:BAJFINANCE Observations: 1) On 1 day time frame, it is taking support near from 200EMA and since last 3 days making lower lows. Today it made doji candle. right now immediate support is at 200EMA which is placed at 6684.79 level range. If it trades above Today's high then only it will be buy trade. Please refer below chart : 1day Time Frame. 2) ...
NSE:RELIANCE Observations: 1) On 1 day time frame, it tested 200 EMA 2nd time today. 200EMA is working as support at this moment. On daily chart it made doji candle. If it trades above today's high then we can look for long trade. And if it starts to trade below today's low then it will be short trade. Please refer below chart : 1day Time Frame. ...
NSE:COLPAL Observations: 1) On 15 min time frame we can see it is in falling channel. If it gives breakout above this channel then we can see a good up move. If it open gap up above this channel then better to avoid. Let it test the channel for support then if it gets support then it will be buy trade. Please refer below chart : 15 min Time Frame. ...
NSE:BEL Most of levels and trade setup remains same as previous. Trade Setup for 28-01-2022 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...
NSE:NTPC Due to monthly expiry, it couldn't give proper move. Again selecting this for tomorrow. most of levels remains same as per previous one. Trade Setup for 28-01-2022 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...
NSE:BANKNIFTY Observations: 1) On 1 hr time frame, it finally came decisively above the resistance channel. Please refer below chart : 1hr Time Frame. ------------------------------------- Trade Setup for 28-01-2022 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)...
NIFTY For parallel channel, you can refer my previous setup of NIFTY. Link is already provided below. Trade Setup for 28-01-2022 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...
NSE:BEL Trade Setup for 27-01-2022 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 gap...
NSE:NTPC Trade Setup for 27-01-2022 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...