rakeshreddym

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.

rakeshreddym Updated 

Nifty Support and Resistance levels trend still bullish as per pattern, but struggling to go above 25k mark ,in 15 mins time frame it made a tripple top pattern on highs. immeadiate resistance is 25 k and immeadiate support is 24850 area. If price sustains above 25k long for the targets of 25075,25100,25150,25200 if price sustains below 24850 short for the...

rakeshreddym Updated 

Banknifty is in rising wedge formation as we look at current levels it is at low of the channel 52400 area acting as support in case of this support voliates invalidation of channel and below levels can be tested 52200,52000,51800. In case held at support area it will continue with pattern making prices to check higher levels with minor resistance at 52800 area...

rakeshreddym Updated 

Nifty is rising with no signs of retracing every small dips being bought out but carefull on higher side going long as it is in uncharted land a reverse can trigger end of month profit booking may happen. support are 23820,23750 area Resistance are 23900 dip to support areas wait for positive price aciton then can long and breakout of resistance long and trail...

rakeshreddym Updated 

US oil US oil remains in a bearish trend below $77.40, with the 1-hour timeframe showing a swing that created a lower low, reinforcing the downward momentum. Immediate support is identified at $74, with a weaker support level around $75. Turning points support to watch are $75.50 and $74.10, while resistances are at $76.50 and $77.40. A change of character to...

rakeshreddym Updated 

NiftyBank For trading Bank Nifty on Monday, focus on the immediate support level at the 49650 area. If the price falls below this level, look for potential targets at 49450, 49300, and 49200. On the upside, the resistance zone lies between 49950 and 50000. A breakout above this resistance could lead to targets at 50100, 50250, 50350, and 50500. Pay close...

rakeshreddym Updated 

Banknifty is making a each 15 minute candle like a daily candles with such big candle risk factor will increases more on trading.Trade with caution risk management, position sizing is important on these volatile days . Support 48800 Below if sustains short targets of 48600,48500,48400,48200. Resistane 49150 above if sustains long targets of 49300,49500,49650,49800,50k.

rakeshreddym Updated 

Bitcoin Market Analysis: A Glimpse into the Week Ahead Bitcoin's Ascending Path: EMA Strategy Insights As we step into a new trading week, Bitcoin is making headlines once again, hovering at a significant resistance level. Traders and analysts are keenly observing this price action, given its historical context of selling pressure at this zone. However, this...