Bank Nifty making Cup and Handle Pattern, 42000 biggest hurdle twice from this level it fell drastically. 41600 above targets till 42000 stop loss 41500. 41600 below targets till 41000 stop loss 41650. 42000 above more pressure will be seen upside till 42500 to 43000.
Just to show how beautiful picture price rounding bottom and rounding top .
Bitcoin at demand zone buy CMP Stop loss below 23000 target 24000.
Bata Stock testing the previous demand zone it will resume uptrend till 1550. buy Bata at or above 1500 stop loss 1485 targets of 1515,1525,1535,1550
Nothing changed for bank nifty levels still trading 600 point range, with volume profile on chart, i suggest play the borders above and below mentioned area of value for entries, no trading in between it will be sideways scalping is ok with low quantity. Sell on rise market till it stay above 42000 to consider bullish Point of concern:- Dollar is 82 banks wont like it.
Bank Nifty playing in big bracket range one needs to patient for entry at support and resistance for good points low risk and high reward probability trade. Important levels for entries 40800,39600 and 41200. Targets mentioned in chart.
Bank nifty is bullish above 40800 if sustains for 15 mins can go long , it is making rounded bottom to upside targets of 41500 to 42000 this week , don't expect beyond those levels it may be pre budget rally .Marked with resistance levels on given chart one can exit there or book partial profit around that area. if price comes under today's range that is Tuesday...
stock in clear down trend buy 2750 put stop loss 2790 , target stock price 2700 to 2680.
Reliance consolidating which ever side break out happens expecting good movement that way . 2360 above buy stop loss 10 points targets 2370,2385 2400 2350 below sell stop loss 10 points targets 2340,2325,2300
Trade with market structure, this is 15 mins time frame it has broken recent swing high retested successfully continued uptrend, for it to continue uptrend need to break current swing high and sustain , any violation of recent swing low will change the sentiment from bullish to bearish. I'm putting this view as educational purpose how to read market structure...
EURUSD at demand zone keep stop below support level target for 2 resistance levels above
EURUSD range bound supply and Demand areas marked , wait for price action at given levels for entries low risk high reward probability. I suggest no random entries in between area chances high to stopped out or high risk low reward not worth venturing out.
Trading in big range,look for entries on three marked levels above level buy ,below level sell.keep stop loss 100 spot points, no random trades in between better wait for levels rather taking stop losses.
Bank nifty levels for Monday ,39600 to 39800 is area of demand it will resumes uptrend if those support held.expected range 40000 to 40600. Anything below 40000 I will wait d9nt short, look to buy opportunity at demand area.
This is how I anticipated sgx nifty Jan 20th 17800 possible with price action on charts.
Buy axis bank 940 to 945 stop loss 932, targets 950,960,970 positional trade
New support for intraday is 42700 to 42750, 43000 is resistance.
Sgx nifty expecting 18050 to 18000 today as it is at resistance did not have any bull pressure to g9 upside