BANK NIFTY showing weakness , may fall further session . Important levels marked , target level marked for Intraday trade only. Also watch important FIB level price action . SGX nifty also showing some weakness , gap down expected in nifty. Happy learning With Swing Trade Academy
BANKNIFTY forming Bearish flag pattern . May fill the previous gap area. only for Intraday point of view
Nifty Simple analysis in 30 Mints . Where you can find bullish divergence play in Friday session . 17900 is an important level for nifty . Watch price action If there any rejection from this level plan for short and if the price move above level plan long trade. Fix Your SL nearest Swing low. Happy learning with Swing Trade Academy.
variation of VCP play (3T formation in daily) . Also above 50dma . 50 dma is your reference point .
CIPLA broken short term trend line ( hourly- Double bottom also there) . If the price sustained above 1055 level with good volume will give long entry opportunity( Pharma index showing bullish momentum) . Happy learning with Swing Trade Academy . If you like the content share with your friends and groups.
BEL stage break out in hourly with good volume spike . Keep the stock in your watchlist . only initial entry taken will add more on pull back. Happy trading with Swing Trade Academy
Simple price action movement in Jindal steel with clear stage 2 rally . watch price action after every consolidation . Even nifty under performing Jindal steel showed its strength . Rectangle breakout expected , reference point is metal index price movement. also use 50DMA in hourly will give exact entry and refer 30DMA for exit . Happy trading.
Concor trendline break out with good volume is great sign of strength. Price is trying to take support from 50 DMA . Now the stock is retesting demand zone , if another WR candle with good volume will confirm further trend . Take new Swing low as SL because of market condition in hourly
Long opportunity in Bajaj Auto . Watch Important SR level and Price action . Pull back entry preferred . T1 and T2 depends on index movement. Watch nifty auto index as a reference point for your entry . Happy trading week Guys..
BANKNIFTY rallied more than 6 percent in last two session . HDFC merger is the key for todays rally. Tomorrow expecting some profit booking, you can refer Anchor vwap to understand SR level . Higher low formation is pending with Bank nifty , refer FIB level for that . Important SR level at 38800 & 39000 (a Gap is there to fill) is important for bank nifty. Happy...
HAL formed one of my favorite pattern( variation of HEAD and SHOULDER) . Good volume spike in todays session .If the break out happen with good volume will consider as strong break out , other wise wait for follow up candle to show strength . Always try to build position in smaller quantity ,once you find the direction add balance position . This will help to...
CUP AND HANDLE formation in hourly time frame . Watch important SR level for reference . Plan your future trade with nearest swing low as SL .Watch important price action at 36000 price level. Happy earnings guys.
NIFTY consolidated in weekly candle . Expecting a directional move in coming week ,either short and long . Important SR level marked . Plan your trade near SR level .Preferably Nifty Futures .Happy trading Guys
Bank Nifty future given fantastic entry opportunity with anchor VWAP . Exactly taken support from LL and rallied towards upper band . only concern is no volume expansion in upside move . HH structure is still pending 36900 level . watch important level before taking big positions . Happy and Safe trading guys. if you like the content kindly share with your friends.
BTC given a break out after 3 month consolidation . Break out candle is fine with good volume . Present pull back with low volume is a great sign . Plan your long trade once the price sustained above 200 DMA . price is above 50DMA showing bullish momentum . Still the confirmation is pending with 200 DMA .Also you can find VCP structure (variation ) in...
Simple price action trade with Fib level reference .
BALKRISHNA INDS formed CUP and Handle pattern . Right now the price is near important SR And FIB level . Break out from this area will give a good swing trade opportunity. Reference point is 50DMA . Volume expansion in long side is a positive sign .
MPHASIS LTD near its 52 week High and Major SR level . Plan your trade once the price sustained above 3500 level. only concern is there is no volume expansion . if we get wide range candle with good volume we can initiate a trade. Also make your own analysis before making any entry. Also watch Nifty IT index for reference.