NSE:BANKNIFTY Observations: 1) On 1 day time frame, it is still trading below 200DMA and also it faced resistance from 10DMA. To reach up to 200DMA it has to sustain above 10DMA. 10DMA is placed at 35322.39 and 200DMA is placed at 35708.93 level. Please refer below chart : 1 day Time Frame. 2) Also on 1 Day time frame, we can see that it has made...
NSE:ICICIBANK Observations: 1) On 1 day time frame, it came back again above 100DMA. 100DMA is placed at 732.02. So level of 730-732 will work as immediate support level. Please refer below chart : 1 day Time Frame. ------------------------------------- Trade Setup for Date: 28-12-2021 1) Don't Jump in to trade at the beginning of the market. Let it...
NSE:INDIGO Observations: 1) On 1 day time frame, after taking support and making bullish move from 200DMA, today it closed above 100DMA. 100DMA is placed on 1970.19 level. This will now work as support. Please refer below chart : 1 day Time Frame. 2) Also on 1 day time frame, we can see that is forming double bottom pattern and if it sustain above...
NSE:RELIANCE all the trade setup will remain same as per previous. Trade Setup for Date: 28-12-2021 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...
NSE:BANKNIFTY Still the trade setup and levels remains same as per previous. Trade Setup for Date: 28-12-2021 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,...
NSE:NIFTY Observations: 1) On 15 min time frame, today it closed above the resistance trendline. Please refer below chart : 15min Time Frame. ------------------------------------- Still trade setup and levels will be same as per previous. Trade Setup for Date: 28-12-2021 1) Don't Jump in to trade at the beginning of the market. Let it get settle...
NSE:WIPRO Observations: 1) On 1 day time frame, we can see that it sustain the gap up but closed below 700 level. Still range of 700-702 is major breakout range. Please refer below chart : 1 day Time Frame. ------------------------------------- Levels and trade setup remains same as per previous. Trade Setup for Date: 28-12-2021 1) Don't Jump in...
NSE:WIPRO Observations: 1) On 1 day time frame, we can see that it is at the breakout zone of 700-702.50 level range. But major breakout will be only above 720 level. Please refer below chart : 1 day Time Frame. ------------------------------------- Trade Setup for Date: 27-12-2021 1) Don't Jump in to trade at the beginning of the market. Let it...
NSE:HDFCAMC Observations: 1) On 1 week time frame, we can see that immediate resistance level is at 2400 and immediate major support is at 2250-2256 level range. Please refer below chart : 1 week Time Frame. 2) On Daily time frame, it is still trading below 200 and 400DMA. Please refer below chart : 1 day Time Frame. ...
NSE:RELIANCE Observations: 1) On 15 min time frame,we can see that it has been facing resistance from the resistance channel. And major breakout level is at 2400 level range. On sustainable breakout of 2400 it will be short term bullish. Please refer below chart : 15 min Time Frame. ------------------------------------- Trade Setup for Date:...
NSE:SUNPHARMA Trade Setup for Date: 27-12-2021 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:TATAMOTORS Trade Setup for Date: 27-12-2021 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:TCS All the levels and trade setup will be same as per previous. Trade Setup for Date: 27-12-2021 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...
NSE:BANKNIFTY Most of the trade setup remains same as per previous. Trade Setup for Date: 27-12-2021 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...
NSE:NIFTY Observations: 1) On 1day time frame, it face resistance from the 100DEMA and also close below yesterday's low. But provisional closing is just above 17000 psychological level. Now the clear trend will be on Monday. But overall OI data has formed a bit negative. 100EMA is placed at 17143.17, which will be major resistance now. Immediate support...
NSE:TCS Observations: 1) On 1day time frame,finally it closed above 3650 level and close out from the consolidation range. We can see major breakout level now is at 3675 level. Please refer below chart : 1day Time Frame. ------------------------------------- Trade Setup for Date: 24-12-2021 1) Don't Jump in to trade at the beginning of the market....
NSE:BEL Trade Setup for Date: 24-12-2021 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:DABUR Observations: 1) On 1day time frame,it is still trading below 200DMA. It made rounding bottom formation as well and immediate breakout range is 570-572 level. It may come till 200DMA to test it. If it gives sustainable breakout of this 200DMA then it will be bullish in upcoming days. 200DMA is placed at 579.13, hence we can say major resistance...