Hello All, Please refer my previous related ideas where it touched 38800 and 38500. We have a good falling channel in 15 minutes but there are gaps. Today a whole day has formed triangle pattern which can break either side more likely on upper side. FII has sold 5100 cr and DII has bought around 3500 cr. This clearly shows how buying increased compared to...
Hello All, Market is at very important point where it can take support and go higher and if rejection we have big fall. My expectation is at least 3000 points if cup and handle broke. FED hike warnings really bothering the market and on Friday it broke previous low and touches 20% fall from Jan 2022. However if it closed with the same momentum on Friday then we...
Hello All, Please refer my previous related idea below where I expected 39700 level to be touched next week but it touched 39400 as well in this week itself. So again we saw great selling as inflation fear and FED has been given interest hike warnings. FII has sold 2899 cr and DII has bought for 299 cr as moreover same like yesterday. Important trend has been...
Hello All, Please find my yesterday idea below where head and shoulder pattern was activated and nicely retested. Market is sustaining in 40K levels but before breaching all time it might correct sometime. Based on FII and DII data FII has sold 2500 cr and DII bought around 250 cr. 38000-39700 was key level from where market has been pushed higher levels. If...
Hello All, Please refer my related previous ideas below where I’ve been keep telling the important level 41200 and today also marker closed very near to it. So we can see the clear head and shoulder formation which might break downside can give good amount of points till 40200. We have another beautiful flag pattern that might break on upper side if that’s the...
Please refer my related idea where the first upper target 41200 has been touched and profits booking rest of the day. A morning momentum was slowly eaten by profit bookings but market has retested the channel. Seems like flag pattern in 30 minutes also inverse head and shoulder yet to complete in 15 minutes. I am currently with bullish mindset as it might touch...
Please find the related idea to this where I mentioned downside it touched 40800 and went even below but closed at 40800. Important channel has broken today but market closed near to it. It could be retest can go further down thus reversal might also begin if it breaches 39700. However we shouldn’t predict one side of the market. On upper side 41200 will be...
We saw gap up today and good up momentum for first 15-20 minutes. Sell triggered as soon as market touches all time high till 41200. 41200 is a good support at 15 minutes timeframe. Seems like flag is forming and breakout can lead to all time high again or new high. On opposite side a good channel support at 40800 is available in 1 hour timeframe. I feel like...
Please refer the chart and wait for breakout and retest. Always trade carefully because it’s your hard earned money Please note this is just my observation only and consult with your financial advisor before taking any trade.
SBI may touch 555 again if it breaks the flag pattern. On downside it can go 504. Always trade carefully because it’s your hard earned money. Consider it as business. follow stop loss and know when and where to book profit/loss. Please note this is just my observation only and consult with your financial advisor before taking any trade.
Please refer the chart for range for next week. Banknifty has retested the 38000 level once again. Always be prepared for the both side entry. Please consider this for educational purpose only. Always consult with your financial advisor before taking any trade
Please note this is just my observation only and please consult with your financial advisor before taking any trade.
Trendline is keep giving support of minimum 70 points. If this breaks we can expect good fall about 200 points. Please note that this is my observation only and consult with your financial advisor before taking any trade.
Market is rejected exactly at yesterday high. Please find the information in chat. Retest is expected. Please note this is my observation only and consult with your financial advisor before taking any trade.
Trade carefully as there is a falling wedge forming. This is just my observation. Please consult with your financial advisor before taking any trades.
Kotak has broken inverse head and shoulder pattern and it can go further upside. Please note this is just my observation and consult with your financial advisor before taking any trade.
A clean channel can be seen and we can see 8300 if it breaks above channel. Please note this is my observation only. Always consult with your financial advisor before taking any trade.
We are seeing strong bullish market for past 2 weeks. Now trend is getting rejected on Friday and today. 37000 is a level where it reversed today morning but however it is recovered after 2pm. Overall market open and close are same level. As you can see the trendline in chart, if resistance at 36800 break out we can see 37000 again. If trendline is break down...