Banknifty took support near 45250. Its taking support at trendline on daily timeframe. If daily candle close below this orange trendline it may become Bearish and more fall may come. After taking support at orange trendline and support zone market with 2 white lines. Tgts upside are 45650-45900-46200. Keep SL 45180. These are my personal views and I may be wrong....
Banknifty is moving rangebound and since last 3 days its moving almost sideways. Due to expiry good move expected today. Look for Breakout above 44270 with volume for Bullish Trades, keep Target 44500 upside, Keep SL just below 44150. Look for Breakdown below 44000 with volume for Bearish Trades, keep Targets 43800-43600-43400 , Keep SL just above 44150. 44150...
Banknifty is range bound since 06 Feb 2023. its inside a BOX. upper range of Box is 41800. you may plan a Breakout trade above 41800 with SL below 41600 and tgt upto 42000-42100. lower range of Box is 41100. you may plan a Breakdown trade below 41100 with SL above 41260 and Tgt upto 39800-39500-39000. Important levels which will act as support and resistance are...
Banknifty was following green trendline It has broken down below the trendline Now trading below this trendline Support Zone 1 at 41800 - 41950 Support Zone 2 at 41550 - 41600 Resistance is at 42730 If Breakout is given above pink resistance line & resistance line of 42730 is retested as Support:- Immediate Tgt upside is 43530 and ATH is also...
Cup and Handle in making Head and Shoulder in making Buy when Breakout above 3430 and retest it as support Positional:- Buy above 3430 Stoploss 3350 Target 3880 These are my personal views and are for educational and papertrading purpose only. please consult your financial advisor before investing.
Colpal is taking support on trendline on weekly chart Buy 1390-1475 StopLoss 1315 Target 1560-1640-1750-1800 These are my personal views and are for educational and papertrading purpose only. please consult your financial advisor before investing.
Banknifty White trendline Breakout done Target 1 of 42350 Done. Now If Resistance of 42350 becomes Support. Next targets upside will be 42670 and 43100 in coming days. major support at 41750 Banknifty Buy above 42350 SL 42280 Tgt 42670-43100 These are my personal views and are for educational and papertrading purpose only. please consult your financial advisor...
Banknifty making W pattern Double Bottom near 41850 now trading above 42000 level - which is a good support on chart 42000 is max pain in option chain analysis Resistance upside are marked with Pink line (Resistance 1) and Aqua line (Resistance 2) banknifty is showing volatility due to upcoming budget Indian markets are strong Banknifty:- Buy at...
Inverted H & S in making in Crude Oil on daily Chart Buy when Breakout above Neckline and it become support. IHS Trade:- Buy above 6750 Tgt 7553 - 7656 SL 6600 Major Support at 6020 (LT & RT Shoulder) Support & Resistance based Trade:- Buy at 6020 Tgt 6600 - 6750 SL 5820 These are my personal views and are for Educational purposes & paper trade only. Please...
UltraTech Cement H&S Breakout Given. Head to neckline distance approx 1600 points. Taking support at Green Trendline. Breakout given above red resistance line and yellow neckline. Wait for Breakout above pink resistance line and retest it as support or neckline as support. UltraTech Cement Buy 6800-6850 SL 6725 Tgt 7270-7535-7720-7900 These are my personal views...
- Brent Crude is following Downward channel and heading towards 64 - 65. - Major Support at 64 - 65 - Major Resistance at 87 These are my personal views and are for educational & papertreading purpose only. please consult your financial advisor before investing.
H&S in ICICI Bank Short ICICI Bank Short Below 865 SL 893 Tgt 815 to 800 (Tgt approx 74 points from Breakdown) These are my personal views and are for Educational Purpose & paper trading only. please consult your financial advisor before investing. Happy Trading
Nifty bigger trendline is shown With white line. Now it's a resistance line. Another resistance line is shown with yellow colour and yellow arrows. Support is at 17787 & 17500. (Buy near) Targets upside are 18100-18250-18400-18660. SL 17700 for entry at 17787. SL 17400 for entry at 17500. Breakout above yellow trendline and taking support may lead to tgts till...
Banknifty If retest done at 42250 or 42200 as support Buy Above 42370 Tgt 42600-42830-42900 SL 42240 If resistance faced at 42250 upper channel line Sell below 42200 Tgt 41925-41800-41600 SL 42280 or 42380 These are my personal views and are for Paper trading & Educational purpose only. Please consult your financial advisor before investing. Happy Trading
Bitcoin is at critical jubcture now. Bitcoin facing resistance from "Yellow" trendline as marked on the chart. already faced resistance at this trendline 4 times sice 31 May 2022, this is the 5th time its facing resistance at yellow trendline. Volume is reducing continously. 18500 is a resistance and 15600 is a Support. If Breakout is given above "Yellow"...
Banknifty is following downward channel since 04 Jan 2023. Breakout possible if upper channel broken upside and retested as support. Breakdown if lower channel broken downside and retested as resistance. Draw and extend the channel to follow the move of banknifty . Closed at Resistance. This is for papertrade and educational purposes only. Please analyse yourself...
Banknifty is following downward channel since 04 Jan 2023. Breakout possible if upper channel broken upside and retested as support. Breakdown if lower channel broken downside and retested as resistance. Draw and extend the channel to follow the move of banknifty. This is for papertrade and educational purposes only. Please analyse yourself and also consult with...
Nifty levels as marked Green are supports Red are resistance Aqua trendline if Breakout given and retested as support Tgt 18330 to 18430 in coming month these are my personal view and are for papertrading and educational purpose only. please analyse yourself or consult your financial advisor before taking any position. happy trading