NIFTY is moving in the rectangle Pattern which shows the higher HIGH and higher LOW. on Friday market opened HIGH on the price-action resistance but could not break it to upside it consolidated whole day in a small range a bad day for option buyers. if NIFTY could break the resistance to upside then it can give a potential move for buyers. Nifty seems neutral so...
As we discussed nifty, it was expiry yesterday and was most of a sideways move. For the new week, it has some resistance to the upside, such as 200 EMA and price-action resistance. Once it breaks to the upside, we will see a significant move to the upside. Reasons : NIFTY is showing nice demand near 19000. also 50 EMA support to downside. (Bullish) Price >...
Nifty has been quite bullish for past 2 days after a long fall. but it seems it has a resistance to upside now as shown in the chart. It might move to the 19250 and then have some consolidation. Reason: 200 EMA Resistance (Good Resistance) Price Action Resistance (Red Zone upside) Price > (13,50) EMA (shows bullishness) EMA(13,50) Crossover (Bullish) ...
As we discussed yesterday in NIfty it continue to move as bearish trend. according to the analysis it still seems to go in the same direction. as this present level is minor support line. there might be a minor support here. but at lower 18650 is strong support zone which might provide a nice support in upcoming week. Reasons : Price < EMAs (Bearish) Price...
As we have discussed in our last analysis nifty has been showing a huge bearishness. The support zone where it supposed to take support is also broken now next support point is quite far as marked in the chart. Nifty seems to be continuing the bearish trend. Reasons Resistance Zone to the upside (Bearish) Price will be facing 200 EMA as resistance upside....
NIfty seems bearish as we can see nifty has been in the range as shown on the chart. Nifty will be facing a good resistance at the level 19665 and also EMA 200 will be providing resistance on uppar side. It seems bearish for this week Reason: Price < EMAs(13,200) RSI is 40, declining shows weaknees of bulls. up side multiple resistance such as EMA...
NDTV is a good momentum stock that has shown quite bullish momentum today. Stock has given the Breakout today. but came back to the zone, by looking to the bullish force today we can go for buying with good risk and reward of 1:5 setup. All levels are marked on chart. Reason : Trendline breakout with nice bull momentum. RSI has a nice spike from oversold...
Mawanasug has given the breakout. as you can see detailed description on chart. Reson: Successful breakout of the zone. RSI > 50 Bullish Zone Incressing momuntum. Very nice Volume in the stock for today. Good consolidition of almost 1 year. Price > VWAP that shows the bullishness. Verdict : Breakout successful, Strong bullish momentum Plan of...
NFL We Discussed 2 days before now today its breaking out, people who could not Buy it that time can buy it now. Reason: 1. Taken Suppport Multiple time on the same Trendline 2. Minar upside trendline is also broken. 3. RSI is showing good Strength 4. VWAP is supporting the PRICE ACTION PLAN: BUY: 71 (LTP) STOPLOSS: 65 TARGET: 80
Stock has taken a nice support from the previous trendline. You can buy at the current price. stock will be taking a nice momentum from this point onwards. Buy Price: 649 (Current Price)' Stoploss: 625 (3.89%) Target: 724(11.32%) RSI : RSI is showing good strength. Volume : Volume is significent High than the previous days. EMA : Stock has taken Nice...
Nifty is bullish as we have been discussing it for past week. Nifty has shown a very nice momentum pullback from 19250. Last time when Nifty gave a breakout could not servive, but this time it's having a nice OI support. The only major resistance to the upside is 19600. Reason for bullishness: PCR: 1.25 | Nice Breakout | RSI > 60 (Increasing ) | Break...
VEDL is considered a very nice stock as an investment. Because of the recent event of the bulk stock selling, everyone was in panic condition. But Now, there is no need to worry. VEDL is having a support Zone @ 232. It's taking nice support from that point. We can invest in VEDL by setting the Stoploss as 228. and keeping the target open. As it's a dividend...
NIFTY is in nice consolidation Mode. Big players are collecting quantity nearby 19250. There is no good time for going Bullish for option Buying. It's Better to Sell the CE and PE levels of 19250 PE and 19450 CE for next week's expiry. Increasing the volume shows the heavy round-off of option Sellers. We can expect a nice pull-up from the 19250 level. Verdict...
Nifty behaved as we discussed in our analysis. Now, NIFTY is forming a bullish pattern. Keep holding your 19250 PUT SELL. Once you get the Breakout to the upside, you can add more ATM Calls. But until it's within the triangle, don't go for buying OPTIONS. All important levels are marked on the chart.
Stock has given the breakout, you can go ahead and buy, all levels are marked on chart... BUY: 850 STOPLOSS: 821 TARGET: 1045
Stock has given the breakout, you can go ahead and buy, all levels are marked on chart... BUY: 69 STOPLOSS: 65 TARGET: 80
Stock has given the breakout, you can go ahead and buy, all levels are marked on chart... BUY: 477 STOPLOSS: 454 TARGET: 560