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biplab86

Newgen is approaching a potential breakout area on the chart, with key levels marked. Consider purchasing once the price exceeds 881, either on accumulation or consolidation. Targets are set at 920, 950, 980, 1100, 1200, 1500, and 1700, with a stop loss at 648. The chart pattern is looking attractive.

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Swing trading HINDALCO buy above 600-649 Try to buy an accumulation basis SL below 580 Target 694, 740,770,930

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Technical analysis of IRCON indicates a bullish trend: the price is rising alongside increasing trading volumes, nearing its one-year high, and displaying a robust uptrend. Additionally, recent signals suggest a bullish reversal, with the Awesome Oscillator trending upwards. This suggests a strong bullish sentiment in the market. Entry is recommended in the range...

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RVNL stock poised for a breakout. Consider purchasing once it surpasses 291. Intraday Targets 306,310 . Positional taegets are 330,400 For intraday traders, maintain a stop loss below the channel, while for positional traders, set the stop loss at the previous swing low.

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BankNifty found support precisely at the daily trend line, demonstrating the significance of price action. The decline in BankNifty was attributed to chart patterns rather than any impact from the Israel-Iran conflict.

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A good opportunity to buy is marked on the chart. You can consider buying at the current level. If there's a pullback to 2416 or 2393, it's a good chance to accumulate. The target is 2560. If Deepak Nitrate closes above 2560 for the month, and the next month or the month after that sees the candle crossing above 2560, there's potential for it to reach 2700, 2900,...

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A good opportunity to buy is marked on the chart. You can consider buying at the current level. If there's a pullback to 2416 or 2393, it's a good chance to accumulate. The target is 2560. If Deepak Nitrate closes above 2560 for the month, and the next month or the month after that sees the candle crossing above 2560, there's potential for it to reach 2700, 2900,...

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A good opportunity to buy is marked on the chart. You can consider buying at the current level. If there's a pullback to 2416 or 2393, it's a good chance to accumulate. The target is 2560. If Deepak Nitrate closes above 2560 for the month, and the next month or the month after that sees the candle crossing above 2560, there's potential for it to reach 2700, 2900,...

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Deepak Nitrate A good opportunity to buy is marked on the chart. You can consider buying at the current level. If there's a pullback to 2416 or 2393, it's a good chance to accumulate. The target is 2560. If Deepak Nitrate closes above 2560 for the month, and the next month or the month after that sees the candle crossing above 2560, there's potential for it to...

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There has been a significant breakout recently. Yesterday's market activity appeared to be a deliberate shakeout, eliminating weaker investors, followed by a notable price surge today. Both trading volumes and closing figures were favourable. The next observation will be whether there is sustained momentum with consecutive follow-through days. If crosses today's...

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A substantial cup formation with noteworthy trading volume is observed in close proximity to the breakout zone, indicating the potential for a significant upward movement. The daily chart reveals a commendable consolidation phase near the breakout level, further supporting the likelihood of a substantial price surge. Wait for a breakout.

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If Banknifty future takes support at S1, which is at 46774–46750, I'll initiate a long trade.

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Today, looking at the 1-day technical chart of Bank Nifty, it seems like the market is indicating that Bank Nifty is in an oversold condition and is currently consolidating, which could lead to a short-covering rally. Before the market opens, we can estimate that the support level for Bank Nifty is around 43,584. So, if banknifty index takes support here, it may...

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Retail inflation has experienced a concerning rise, surging from 4.8% to 7.4%, which is generally unfavorable for the market. As we approach the market opening, it becomes crucial to calculate potential support and short covering levels. Accordingly, our analysis indicates that Bank Nifty's support zones lie around 43890 and 43720. This suggests that the initial...

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In my previous analysis, I predicted that Bank Nifty would likely trade within a range. As I predicted, it won't break the prior day's low today or on Friday. Looking ahead, tomorrow's market may also exhibit choppiness, with the expected range between 44899 and 45133, while the broader range might extend from 44899 to 45320. Following this, there could be a...

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The chart has been marked with essential support levels. Today, BankNifty future is expected to stay within the range of 45400 to 45000. Broader range = 45600 to 45000. If the market opens near the lower end of this range, there is a possibility of an upward movement. There's the anticipation of a significant correction for BankNifty on 16th August. It is...

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Banknkifty is making flag and pole pattern. If it breaks, it may reach 46000, 46500, 47000

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If Banknifty Future rejects from 41080/41040 then one can short at the level with proper price action. Target-40835,40750, 40365 SL paid Bank nifty  may begin the day flatly positive and try to test 41040/41080. Expect some sideways movement and consolidation in this area. Keep an eye out for a move to 41224 if Bank Nifty maintains its position above 41150. Be...