NSE:BATAINDIA Observations: 1) On 1 day time frame, it took support from 100DMA and back to critical range 2040-2060. This range will work as resistance if it trades below it and will work as support if it trades above it. Please refer below chart : 1day Time Frame. 2) On 15min time frame, it looks like formation of inverted head and shoulder pattern....
NSE:BALRAMCHIN Observations: 1) On 1 day time frame, we can see it is between support and resistance range. Please refer below chart : 1day Time Frame. ------------------------------------- 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)...
NSE:TATAMOTORS Observations: 1) On 1 day time frame, it closed just above 50DMA. 50DMA is placed at 488.63 level. Please refer below chart : 1day Time Frame. 2) On 1 hr time frame, it is in the channel. if it gives breakdown of this channel on 1 hr time then we can see down fall to continue. Please refer below chart : 1hr Time Frame. ...
NSE:JUSTDIAL It closed above 200DMA with higher volume than previous day fall. next immediate resistance is at 950 level. Above 950 is safe buy till 1000 level. And above 1000 level it can hit 1040 and 1070 & 1105 level in short-mid term. Keep SL below 880 level range if you are going to take fresh position from above 920 level.
NSE:NIFTY Observations: 1) On 1 day time frame, it took support from the bottom trendline of channel and closed above middle trendline. Now middle trendline will work as support and top trendline will work as resistance. Please refer below chart : 1day Time Frame. ------------------------------------- Trade Setup for 27-01-2022 1) Don't Jump in...
NSE:BANKNIFTY Observations: 1) On 1 day time frame, it closed just above 100DMA. And also it made bullish engulfing candle. And it managed to close above 37700 level. Please refer below chart : 1day Time Frame. 2) On 15 min time frame, it closed above the resistance channel. And also it made rounding bottom pattern and closed just above the neckline of...
NSE:NIFTY Observations: 1) On 1 day time frame, we can see it closed below 100 EMA Please refer below chart : 1day Time Frame. 2) Also on 1 day time frame we can see that it closed inside the long term uptrend channel. Please refer below chart : 1day Time Frame. ------------------------------------- Trade Setup for 25-01-2022 1) Don't Jump in...
NSE:MARICO Observations: 1) On 15 min time frame, we can see that it made regular bullish divegence as price made lower lows and RSI made high lows. Please refer below chart : 15min Time Frame. Also today on 15min time frame, we can see that it made almost flat lows and RSI made higher lows which is also Exaggerated Bullish divergence. Please refer...
NSE:BANKNIFTY Observations: 1) On 1 day time frame, we can see it closed below 100 EMA Please refer below chart : 1day Time Frame. 2) On 1 hr time frame we can see that it is now at the support channel. If it trades below this and gives breakdown then the fall may come. Please refer below chart : 1hr Time Frame. ...
NSE:BANKNIFTY Trade Setup for 24-01-2022 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...
NSE:NIFTY Trade Setup for 24-01-2022 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:NTPC Trade Setup for 21-01-2022 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:BEL Trade Setup for 21-01-2022 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:BANKNIFTY Most of levels and trade setup remains same. It is still facing resistance from that channel. Breakout of this channel can give good upmove. Trade Setup for 21-01-2022 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...
NSE:NIFTY Observations: 1) On 1 day time frame, we can see it closed just above 20DMA. 20DMA is placed at 17745.56. And it is at 61.80% retracement level from top to down Fib Retracement. Please refer below chart : 1day Time Frame. 2) On 1hr time frame, we can see range of 17600-17650 is very critical as it was working as support and resistance...
NSE:LUPIN Observations: 1) On 1 day time frame, we can see that it bounce from 100DMA and closed near immediate resistance level of 960 Please refer below chart : 1day Time Frame. 2) On 1hr time frame we can see it is making ascending triangle pattern. Breakout and retest of 960-970 level range will give up move. But if it face resistance and failed to...
NSE:IRCTC Observations: 1) On 1 day time frame, we can see that it bounce from 50DMA. 50DMA is immediate support. Please refer below chart : 1day Time Frame. 2) On 15min time frame, we can see that if had came out from the channel resistance and today it tested this channel and bounce from it. Now this channel will work as support. Please refer below...
NSE:SIEMENS Observations: 1) On 1 day time frame, we can see that it bounce from 50DMA. 50DMA is immediate support. Since tomorrow there will be dedcution of Rs 8 from price as of dividend. So we can expect price to be open with that in consideration. Please refer below chart : 1day Time Frame. 2) On 15min time frame, we can see that if has came out...