rakeshreddym

rakeshreddym Updated 

On daily front NIfty made a big bearish pin bar, Nifty came out of previous trading range of 21450 to 21800, though it made ATH and fell but closed above 21800 on friday, if this sustanis here it will go test friday high and even more, only below 21780 sustains sellers will push it down to 21650 to 21550 area again. Support 21780 below susstains short Targets of...

rakeshreddym Updated 

BankNifty support and resistanace levels to trade on Monday currently it is in upward channel only below 45500 if it sustains more selling pressure will seen till 45000 to 44800 levels. Support 45850 Below sustains short Targets of 45700,45600,45500 Resistance 46150 Above sustains Long Targets of 46300,46450,46500. Mentioned targets can act as reversal above and...

rakeshreddym Updated 

Nifty is trading in range of 21440 to 21800 since 29th Jan.Until price is in this range it will be sideways market till breakout of any of extremes above or below happens. Friday levels to look for Support are 21650 Below sustains short for Targets of 21600,21585,21535 Resistance are 21760 above sustains long for Targers of 21800,21820,21880,21920. Metioned...

rakeshreddym Updated 

Regardless of budget if we follow the levels to trade on support and resistances will give good edge with proper risk reward ratio. Support are 21650 below sustains short Targets of 21620,21600,21575,21520 Resistance are 21745 above sustains long Targets of 21800,21825,21875,21920

rakeshreddym Updated 

Nifty still trading in between previous week range it is finding support on lower levels but resistance getting lower from higher side which means selling pressure is still on higher side. Just play on levels is safe in this kind of market at support and resistances. Suppport are 21580,21460,21420-21440 Resistance are 21650,21725,21780-21800

rakeshreddym Updated 

BankNifty since 2 days finding sellers on upside every rally been selling off on upper levels, for wednesday 47000-46900 area is crucial support levels previously this 46900 levels tested three times and held , if this 46900 voilates we may see more fall till 46500 to lower side and on upper side one need to look for long above 47450 only if a good 15 min candle...

rakeshreddym Updated 

BankNifty Support and Resistance Levels Support are 47800,47500-47450 Resistance are 48350-48400,48550-48600 January Month usualy a range bound month, better to trade on support or resistance area for more probability low risk high reward trades, if price did not falls into those support and resistance levels wait for 1 hr to form internal range then take...

rakeshreddym Updated 

Nifty Support and Resistance Levels Support are 21675,21630,21590,21515 Resistance are 21750,21800,21830

rakeshreddym Updated 

Nifty Support and Resistanc levels Support are 21650 ,21600,21580 Resistance are 21690,21750,21800

rakeshreddym Updated 

BankNifty Support and Resistance levels Suppport are 48040,47880,47770,47500 Resistance are 48275,48350,48500

rakeshreddym Updated 

BankNifty Support and Resistance levels for Thursday 4th Jan Support are 47400,47250,47100,47000 Resistances are 47550,47770,47900,48050.

rakeshreddym Updated 

Nifty support and resistance levels for 4th Jan Support are 21490,21450,21400 Resistance are 21525, 21560,21600,21660

rakeshreddym Updated 

BankNifty support and resistnace levels currently trading in a rectangle pattern until breakout of this range happens it will trade in this area only better to trade edges of highs and lows for more probability entries. Look out for Breakout or Breakdown of rectanglar pattern also with price action take trade that side. Supports are 47800,47580 areas. Resistance...

rakeshreddym Updated 

FinNifty Expiry Support and Resistance levels as today price action gave little bit of exhaustion been seen price struggled to go higher levels, i think its time for little correction here. Support levels are 21350,21300,21268 Resistance Levels are 21440,21500,21550 Please check price action on those metioned levels above.

rakeshreddym Updated 

Banknifty gave a one sided move today and closed below in last week range if it breaks the immeadiate support of 46900-46950 and sustains it will test lower levels of 46800 to 46600 area again if held at support (46900-46950) may resume uptrend again till next resistance area 47250-47300 area. support 46900-46950 reisstance 47250-47300

rakeshreddym Updated 

Adani wilmar looking good to long from current levels trend is up and taking support at trend line if it takes out prior candle 4 hour candle long will trigger at 375 stoploss 368 to 366 to upside targets of 400 to 410 for comming days

rakeshreddym Updated 

Bank nifty gave a range break out and closed at retesting of breakout area if tommorow opens at or around same area another 500 to 600 points it can make till expiry.if voilate 47250 below and sustains 47050 area may test that is good support to look for long also.

rakeshreddym Updated 

Banknifty is currently in zone that previously consolidated spent more time in this range so carefull very harm full for option buyers until it stays in this this marked yellow range in chart, play extremes wait for it with patience sell high buy low. Only if you see good price aciton that it shows signs of continuation on extremes high or low carry with the trade...