rakeshreddym

rakeshreddym Updated 

Nifty Support and Resistance levels wait for confirmation on resistance and support for rejection or breakout(breakdowns) to take entries. Targets can be reversal points in that case play towards next support or resistance based on levels.

rakeshreddym Updated 

Banknifty Support and Resitance levels for Monday Immeadiate Resistance is 50700 Area. Immeadiate Support is 50470 Area. Expecting a gap down with gift nifty close on firday night. In case of gap down do not jump into any trade to short some profit booking may happen that will cause price to retrace high a bit consolidate then fall again , 50200 and 50000...

rakeshreddym

Oil trend bearish key levels to watch for Immeadiate support 67 area if voilates downside 65 to 62 area will open ,in case of rejection it will consolidate in range of 67 to 70 bracket. Immeadiate resistance is 69 if sustains above it will test 70 to 71.50 - 72 area above and in case of rejection on resistance short till immeadiate support 67 and lower levels...

rakeshreddym

Nifty Support and Resistance levels for monday. Immeadiate Resistance is 24880 to 24900 area . Immeadiate Support is 24800. Expecting a gapdown with gift nifty close on Friday night, do not jump into any trade if it big gap down let it play for 1 hr then look price action at given levels support and resistance for rejection or BO. Note:- Support,Resistance and...

rakeshreddym Updated 

Banknifty Support and Resistance levels to play for 2nd September Monday Immeadiate resistance is 51520 area Immeadiate support is 51280 area wait for confirmation on these levels for rejection or breakout then take entries accordingly. targets including support and resistacne can be reversal points please check price action on those.

rakeshreddym

Finnifty Support and Resistance levesl Finnifty rallied nicely after breakout of 23k and 23200 area now at minor resistance on higher timeframe. Immeadiate Resistance is 23750 area Immeadiate Support is 23660 area wait for confimation on those levels, there is a trendline also any voilation of it and makes higher low thats a confirmation to short it.

rakeshreddym Updated 

Fin Nifty support and reisstance levels to look for tuesday august 20th are Reisstance areas are 22950 23000 23075 23200 supports areas are 22900 22830 22670 Wait for the price reach those levels then react with price action, rejection or accentance based on price action take entries.Tough to baised to be on one sided trade in range bound market , if found...

rakeshreddym

Nifty Support and Resistance Levels Immeadiate Resistance is 25290-25300 area Immeadiate support is 25250 to 25235 area. wait for confitmation on these levels to take entries.S&R including targets marked on chart can act as reversal points please check price action on those.

rakeshreddym Updated 

Nifty Support and Resistance levels for Sep 2nd Monday Immeadiate Resistance is 25280 area immeadiate Support is 25180 area wait for confirmation on these levels for rejection or breakout to take entries accordingly, targets can be revesal areas please check price aciton on those.

rakeshreddym Updated 

Nifty is in rising channel showing some strength to go over of that channel in comming days, if breaks out of that channel a good 300 points can achieve on higher side even attempt to make ATH , mean while trades can be look on some support and resistance for intraday . Nifty Support and Resistance levles to trade with for tuesday August 20th are Immeadiate...

rakeshreddym Updated 

Banknifty tading in a range of 1100 points since past 14 days showing some strength to go above of that range but somehow finding sellers on the highs. Immeadiate resistance is 50450 if sustains above long for targets of 50600,50750,50800,51000 Immeadiate support is 50300 if sustains below short for the targets of 50075,49940,49800. Note:- Support and Resistance...

rakeshreddym Updated 

Oil forming and inverse head shoulder pattern only valid if this trendline support helds on 76.50 area. if it takes support and continues with pattern oil might see 80 and 82 even 84 with head length again, keep on eye on current levels for breakdown or rejection to upside. On lowerside if voilates trendline support 76 to 73 can be see below.

rakeshreddym Updated 

Banknifty Nifty support and resistance levels for monday to trade with. Immeadiate resistance is 50780-50800 area and immeadiate support is 50300 area. Either one can wait for the price to test suppport area look for rejection to go long else short.Same for long on if resistance breaks out and sustains long , upon rejection at resistance 50800 area short to...

rakeshreddym

Two weekly identical candles formed in banknifty one closed red and other one with green but ended up closing on same area,comment below if you know the pattern.

rakeshreddym

BankNifty Support and Resistance levels to look and trade on friday are immeadiate resistance if 49800 above sustains above long for targets of 50050,50230,50300,50400,50600. Immeadiate support if 49600 below sustains below short for targets of 49400,49250,49100,49000. Mentioned support and resistance including target areas can act as reversals please check...

rakeshreddym Updated 

NIfty since past 5 or 6 days if one observes daily candles bearish pressure seen only gap up was there to cheer bulls in between ,other than that nifty still looking weak. Immeadiate support is 24100 if sustains below short targets for 24035,23975,23900,23850. Immeadiate resistance is 24180 if sustains above long targets of 24225,24280,24300,24350.

rakeshreddym Updated 

Nifty Support and Resistance levels for friday, today Thursday it opened gaped up did not sustained above and back to resting on 25 k area , this 25k could be trend deciding levels for comming days.Since 3 days Nifty is in contraction mode Friday could the day of either sides rally expecting.which ever side it sustains it can be a good move in my view. Suppport...

rakeshreddym

Euqitas Small Finance bank at 1 year low any good green candle on daily time frame can long this stock for target of 100.110,120,130 for shorterm and keep stop loss of 8 to 10 ruppes below from entry long.