NSE:BANKNIFTY Observations: 1) On 1day time frame,it managed to sustain above 10DMA. But, it is still below 21DMA. If it gives sustainable breakout of 21DMA then we can see up-move. 21DMA is placed at 36983.30 and 10DMA is palced at 36671.66 Please refer below chart : 1day Time Frame. 2) On 15min time frame, after it opened gap down below the support...
NSE:NIFTY Observations: 1) On 1day time frame,it managed to sustain above 10DMA. But, it is still below 21DMA. If it gives sustainable breakout of 21DMA then we can see an upmove. 21DMA is placed at 17416.77 and 10DMA is palced at 17304.52. Please refer below chart : 1day Time Frame. 2) On 15min time frame, we can see that it has made double bottom...
NSE:GRASIM Observations: 1) On 1day time frame,it managed to sustain above 50DMA. If it take support from 50DMA and trades above it then we can see an up move. 50DMA is placed at 1729.64 level. Please refer below chart : 1day Time Frame. 2) Also On 1day time frame, it made double bottom pattern and sustain above the mid neckline of it. Major...
NSE:TATAMOTORS Today it was trading in range of 495-505 level. Sustainable breakout on either side will decide the trend now. Trade setup will remain same as per the previous trade setup. Trade Setup for Date: 14-12-2021 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)...
NSE:RELIANCE Observations: 1) On 1day time frame,it couldn't manage to sustain above 21DMA and close below 21DMA. But it is still trading above 100DMA. 100DMA is major support. 21DMA is placed at 2444.06. 100DMA is placed at 2389.26. Major breakout level is at 2500 level. Please refer below chart : 1day Time Frame. 2) On 1hr time frame, it has...
NSE:BEL Observations: 1) On 1day time frame,after 2 days of trading below 50DMA it managed to closed above 50DMA but it closed just below 21DMA. 21DMA is placed at 209.02 50DMA is placed at 207.65. 50DMA will work as support now. Please refer below chart : 1day Time Frame. 2) On 1hr time frame, it made double bottom pattern. Immediate resistance is...
NSE:BANKNIFTY Observations: 1) On 1day time frame,after trading around 200DMA now it is trading around 100DMA. Today it closed below 100DMA. 100DMA is placed at 37186 level. Sustainable breakout of 37186 will be good buying opportunity. Please refer below chart : 1day Time Frame. 2) On 15min time frame, we can see that the trendline which was...
NSE:NIFTY Observations: 1) On 1day time frame,it today it close below 21DMA. 21DMA is placed at 17453.81 Immdiate support is at 17355 level. Please refer below chart : 1day Time Frame. ------------------------------------- Trade Setup for Date: 14-12-2021 1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min...
NSE:MARUTI Observations: 1) On 1day time frame,it has bounce from 200DMA and now trading below 50DMA. 50DMA is immediate resistance. 50DMA is placed at 7493.41. We can say that range of 7490-7500 will be immediate resistance zone. Please refer below chart : 1day Time Frame. 2) Also on 1day time frame, it has made double bottom pattern. Major...
NSE:TATAMOTORS Trade Setup for Date: 13-12-2021 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:TATACHEM Observations: 1) On 1day time frame, it is between 50DMA and 21DMA. 50DMA is immediate resistance. Once it sustain above it then it will be immediate support. 21DMA is immediate major support at this time. 21DMA is placed at 909.47 and 50DMA is placed at 942.96 level. Please refer below chart : 1day Time Frame. 2) On 1hr time frame, we...
NSE:IDFCFIRSTB On Daily time frame, it is still trade below 200DMA. 200DMA is placed at 53.05 level. Also it closed in the resistance zone of 52- 52.50. It will be bullish once it give sustainable breakout of 54 level or 200DMA. All the targets are mentioned on the chart. Please refer below chart : 1day Time Frame. ***************Please note this is...
NSE:HINDALCO Observations: 1) On 1day time frame, it is between 50DMA and 100DMA. In last session it closed just at 100DMA. 100DMA is placed at 455.33 and 50DMA is placed at 467.45 level. Immediate Breakout level is 460. Please refer below chart : 1day Time Frame. 2) On 1hr time frame, we can see it is forming rounding bottom pattern with...
NSE:HDFCBANK Observations: 1) On 1day time frame, it is between 10DMA and 21DMA. On Friday, it closed just below 21DMA. 10DMA is placed at 1517.15 level and 21DMA is placed at 1524.43 level. If it trades above 1525 level then it will work as support. Otherwise immediate support range will be 1515-1517 level. Please refer below chart : 1day Time...
NSE:TCS Observations: 1) On 1day time frame, we can see that it took support from 50DMA and bounce from it. 50DMA is placed at 3581.36 Also interensting point is that most of all the major simple moving averange are in range of 3575-3585 level range. We can say that 3575-3585 is major support range. Please refer below chart : 1day Time Frame. ...
NSE:INFY Observations: 1) On 1day time frame, we can see that it is trading above 21DMA. 21DMA is placed at 1740.80 level. Which will work as support. Immdiate resistance is at 1760 level range. Please refer below chart : 1day Time Frame. 2)Also on 1 day time frame, we can see that it is trading in triangle pattern. Breakout on upper side will make...
NSE:NIFTY Observations: 1) On 1hr time frame, we can see that it has formed double bottom pattern. Please refer below chart : 1hr Time Frame. ------------------------------------- Trade Setup for Date: 13-12-2021 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...
NSE:BANKNIFTY Trade Setup remains same as per previous setup. Trade Setup for Date: 13-12-2021 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...