MOTHERSUMI, 1D making a triangle pattern, looking good for short term after breakout & restest of pattern. Looking for short term target of Rs. 273
Let's see how price moves.
#Gold Futures, 1D
CMP : Rs. 47248
Analysis : Gave a nice pattern breakout & retest towards 20/50 EMA, after bounce the resistance can be face near Rs.48350 zone, if sustain above this level then Rs.50,000 level can be seen (+5%) from CMP
#NoTradingAdvice, it's just my analysis & view
SRF Ltd, 2h
Gave a nice breakout with Volume confirmation, drawn target levels as per Fibonacci Extension
If trend remains strong then further targets of Rs. 11986 & Rs. 12235 can be seen
Hello Traders! Here we gonna learn how one can trade Nifty/Banknifty using pure price action and get better results
Assuming that one knows what is Support and Resistance & know about candlesticks
So traders, all you need is to draw the support/resistance levels on your chart, here I've draw S/R levels in Banknifty and
timeframe I'm using is 15 mins for...