NSE:RELIANCE Trade Setup for Date: 03-01-2022 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:COLPAL Observations: 1) On 1 day time frame, it is just below 50DMA and gave good up move after trading for few days above 21DMA. if it trades above 50DMA then it will make a good up move. 50DMA is immediate resistance. 50DMA is placed at 1482.39. So we can say 1480-1485 will be resistance zone. 21DMA is placed at 1448.36. So we can say 1445-1450...
NSE:BAJFINANCE Observations: 1) On 1 day time frame, it is just below the 21DMA which is placed at 6988.11 level 200DMA is placed at 6465.15 level which is major support. If it trades above 21DMA then there will be chances of up move. But if it faces resistance then it will be down fall again. So we can see that 6990-7000 will be major range. It will work as...
NSE:EICHERMOT Observations: 1) On 1 day time frame, it is below 200DMA and it gave good up move from 50DMA. 200DMA is immediate resistance and 50DMA is immediate support. 500DMA @ 2542.36 and 200DMA @ 2620.84 Please refer below chart : 1 day Time Frame. 2) Also On 1 day time frame, we can see formed perfect double bottom pattern and we can also see now...
NSE:NIFTY Wishing you all a happy new year. All the best for this new year 2022. -------------------------------------------------------------------------------------------- Observations: 1) On 1 day time frame, it is trading just below 100DMA which will be major resistance. And it is trading above 21DMA which will be major support. 21DMA is placed at...
NSE:HDFCBANK Observations: 1) On 1 day time frame, it closed just above 10DMA and still trading below 200DMA. Please refer below chart : 1 day Time Frame. 2) Also on daily time frame, it made doji candle. If it trades above today's high then it will be quick buy trade. And if it trades below today's low then it will be quick short. Please refer...
NSE:DABUR Observations: 1) On 1 day time frame, it gave close above 21DMA, but still trading below 200DMA. Please refer below chart : 1 day Time Frame. 2) On 1 day time frame, we can see it has made double bottom pattern and if this patterns gets activated then we can see an upmove. Breakout level is 573. Also it is near to the upper trendline of the...
NSE:NIFTY Observations: 1) On 1 day time frame, it has been trading above 21DMA since last 3 days. But it is still trading below 50DMA. Please refer below chart : 1 day Time Frame. 2) On 1 hr time frame, we can clearly see that is has been stuck in range since last 3 days. Breakout on either side will give good move. Please refer below chart : 1 hr...
NSE:BANKNIFTY Observations: 1) On 1 day time frame, after range bound trading on expiry day most of all the trade setup and levels are remaining same. It is still trading below 10DEMA and 200DMA. Please refer below chart : 1 day Time Frame. ------------------------------------- Trade Setup for Date: 31-12-2021 1) Don't Jump in to trade at the...
NSE:TCS Trade Setup for Date: 30-12-2021 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:BEL Observations: 1) On 1 day time frame, it traded above 21DMA and also gave breakout of 50DMA with good volume. Immediate breakout level is at 210 Please refer below chart : 1 day Time Frame. 2) Also on 1 day time frame, it is making double bottom pattern. Please refer below chart : 1 day Time Frame. ------------------------------------- ...
NSE:COALINDIA Observations: 1) On 1 day time frame, it face resistance from 21DMA and still trading below 200DMA. 21DMA is placed at 149.37 and 200DMA is placed at 150.81 level range. Hence, 150-151 will me major resistance area. And it is trading with immediate support trendline. Please refer below chart : 1 day Time Frame. ...
NSE:ICICIBANK Trade Setup for Date: 30-12-2021 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:BANKNIFTY Observations: 1) On 1 day time frame, it closed just above the low of previous day. Which was at 35037. If it gets support from this level then it can bounce back again and if it failed to hold this then it can give fall. And it is still trading below 10EMA and 200DMA. Please refer below chart : 1 day Time Frame. ...
NSE:NIFTY there is nothing much change as it has been in range since last 3 days. All the levels and trade setup remains same as per previous. Trade Setup for Date: 30-12-2021 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...
IRCTC at major breakout. On sustainable breakout of 880 we can see up-move with target of 920
NSE:RELIANCE Trade Setup for Date: 29-12-2021 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:NIFTY Observations: 1) On 1 day time frame, it opened above 100 EMA (exponential) and sustain above it. 100EMA will be immediate support now. 100EMA is placed at 17143.85 level. Please refer below chart : 1 day Time Frame. ------------------------------------- Trade Setup for Date: 29-12-2021 1) Don't Jump in to trade at the beginning of the...