NSE:NIFTY Observations: 1) On 15 time frame, it has formed bearish flag and pole pattern. If this pattern gets activated then we can see fall in NIFTY. Please refer below chart : 15 min Time Frame. ------------------------------------- Most of all the levels will be same as per previous Trade Setup for 10-01-2022 1) Don't Jump in to trade at the...
NSE:BANKNIFTY Observations: 1) On 1 week time frame, it is just below the FIB 50% retracement level and made a good bullish weekly candle giving closing above 61.80% FIB retracement level. Please refer below chart : 1 week Time Frame. 2) On 1 day time frame, it has managed to give closing above 100DMA in last 3 trading session. Major good up move can...
NSE:BANKNIFTY Trade Setup for 07-01-2022 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 07-01-2022 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:AXISBANK Observations: 1) On 1 day time frame, it is near it's big resistance which is 200DMA. If it trades above it then we can see a good upmove. And if it fails to trade above then we can see down move. Positive thing is that, it closed above yesterday's closing. Immediate support is 720 level. Please refer below chart : 1 day Time Frame. 2)...
NSE:BANKNIFTY Trade Setup for 06-01-2022 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 06-01-2022 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:BANKNIFTY Trade Setup for 05-01-2022 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 05-01-2022 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:ADANIPORTS Observations: 1) On 1 day time frame, we can see that it open above 200DMA and took support from it and sustain above it. 200DMA is placed at 736.60 level. Please refer below chart : 1 day Time Frame. 2) On 1hr time frame, we can see the parallel support channel, breakdown of it will make it ready for down move. Please refer below...
NSE:EQUITAS Positional long trade only on breakout of 117.30 level on daily time frame. All above level of Fib retracement will be targets. SL will be 108.65.
NSE:BANKNIFTY Observations: 1) On 1 day time frame, it gave good bullish move after trading above 200DMA. 200DMA will be major support now. But it is still below 100DMA. 100DMA will be major resistance now. Please refer below chart : 1 day Time Frame. 2) Also On 1day time frame, it gave breakout of resistance channel with good bullish candle. In...
NSE:NIFTY Observations: 1) On 1 day time frame, it made a good bullish candle and close above resistance channel. In worst case it may come to test support from this trendline and if it gets support then it will give buying opportunity. Please refer below chart : 1 day Time Frame. 2) Also On 1day time frame, we can see that it gave breakout of 100DMA...
NSE:BALAMINES Everything is mentioned on chart. Do comment your doubt.
NSE:TATAMOTORS This setup will be applicable for this week. Giving only safe levels to trade. Trade Setup for Date: 04-01-2022 & 05-01-2022 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...
NSE:TATACHEM Trade Setup for Date: 04-01-2022 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...
NSE:IRCTC Observations: 1) On 1 day time frame, we can see that is trading between 21DMA and 50DMA. 50DMA is immediate resistance and 21DMA is immediate Support. 50DMA is placed at 847.04 level and 21DMA is placed at 839.50 level. We can also see that it is still trading below resistance channel. Please refer below chart : 1 day Time Frame. ...
NSE:BANKNIFTY Observations: 1) On 1 day time frame, it is near the resistance range of 200DMA. And it made good up move from 10DMA. 200DMA is immediate major resistance, which is placed at 35701.48 level and 10DMA is immediate major support which is placed at 34955.78 level. Please refer below chart : 1 day Time Frame. 2) Also On 1 day time frame, we...