Price is at the trend deciding zone. How the price gains strength at this zone, will decide the trend direction. Pattern : Consolidation, trend line break out. Range : Medium. Trend strength : Normal. Buy Above : 21720. Stop Loss : 21690. Targets : 21750, 21780, 21800 and 21840. These levels are derived based on the assumption that price will test the low of the...
Price has formed a falling wedge pattern and right now it is at the strong support 21480 - 21520. Pattern : Wedge. Range : Medium. Trend strength : Normal. Buy Above : 21520. Stop Loss : 21480. Targets : 21560, 21590, 21620 and 21660. These levels are derived based on the assumption that price will take support from 21500 zone. Sell below : 21440. Stop Loss :...
Price is at the important level which can decide the trend direction 47680 - 47740. If price takes support from here, 47960 - 48040 will act as next resistance. Pattern : Consolidation. Range : Medium. Trend strength : Normal. Buy Above : 47780. Stop Loss : 47700. Targets : 47860, 47940, 48060, 48200, 48320 and 48400. Sell below : 47620. Stop Loss : 47700. Targets...
Price faced strong resistance at 21780 - 21820 zone and fall down. Near by support is seen at 21500 zone. Trend deciding level and support zone is 21480 - 21520. If price took support at 21500 zone it can move towards 21560, 21600, 21660 and 21720. If price is bearish when it breaks 21500 zone then price can fall towards 21440, 21380, 21320 and 21280. Check the...
Market remains the same, it is us who imagine and interpret the price movement in different ways. As we change, the interpretation also changes. But the market is same. In this New Year, be like water, flow like a river, develop the flexibility to embrace the changes. I wish you All A Happy New Year 2024. Price is moving within the range 21700 - 21800 for the past...
Price moved slowly, steadily and made All Time High 21654 today. Will it make new record once again? Price is at the trend line support right now. As long as it remains unbroken, price has the chance to make history. Pattern : Trend line support. Range : Medium. Trend strength : Normal. Buy Above : 21680. Stop Loss : 21640. Targets : 21720, 21760, 21800 and...
Price has entered in to the consolidation zone 47650 to 48040. And it has formed a narrow consolidation at the 47600 zone. So we are having consolidation square :) It can give good break out move. Pattern : Support/Resistance. Range : Medium. Trend strength : Normal. Buy Above : 47700. Stop Loss : 47620. Targets : 47780, 47860, 47940, 48060, 48200, 48320 and...
Price is moving within the range of 1080 to 1106 for the past few days. How we can trade on it? 1. Buying at the support & selling at resistance. 2. Selling at resistance & buying at support. 3. If the price in moving without testing support/resistance, it means the range is narrowing and we have to wait for direction confirmation. I just listed 3 possibilities,...
Nifty made All time high today, turned its direction and had a nice fall. After this big fall tomorrow's expiry may happen within small range. Pattern : Support/Resistance. Range : Medium. Trend strength : Normal. Buy Above : 21120. Stop Loss : 21080. Targets : 21160, 21200, 21260 and 21300. 21000 will be a strong support zone. Remember that when shorting near to...
Price is moving within the range of 47650 to 48050 for 3 days. Price will gain momentum if it breaks the range with strength. Otherwise we will get one more range day. Trend deciding level is 48000. Pattern : Support/Resistance. Range : Medium. Trend strength : Normal. Buy Above : 48060. Stop Loss : 47960. Targets : 48120, 48200, 48280, 48360 and 48420. Sell below...
Price is consolidating within the range 21400 to 21660 for two days. We can expect movement if the zone is broken. Support is at 21400 - 21440 zone. Buy above 21450 with the stop loss of 21400 for the targets 21500, 21560, 21620 and 21650. Sell below 21360 with the stop loss of 21410 for the targets 21320, 21280, 21240 and 21180. Next support is seen at 21120 to...
Price gave consolidation break out on friday. 48000 zone will decide the trend direction now. Pattern : Support/Resistance. Range : Medium. Trend strength : Normal. Buy Above : 48040. Stop Loss : 47960. Targets : 48120, 48200, 48280, 48360 and 48420. Sell below : 47840. Stop Loss : 47920. Targets : 47760, 47680, 47600 and 47540. Check the live market...
Price gave slow and steady move on friday. Last hour break out was good. Now price is at trend deciding zone. Pattern : Support/Resistance. Range : Medium. Trend strength : Normal. Buy Above : 21520. Stop Loss : 21480. Targets : 21560, 21600 and 21620. Sell below : 21420. Stop Loss : 21460. Targets : 21380, 21340 and 20300. Check the live market updates. Hit the...
Today price broke the zone and went below 20820, but once again price moved up, entered the zone again. So what to expect next? Unable to fall too far away from the zone shows the price is still bullish. Pattern : Consolidation zone. Range : Medium. Trend strength : Medium, can gain. Buy Above : 20940. Stop Loss : 20900. Targets : 20980, 21020 and 21060. Sell...
Price is having support at 46960 - 47020 zone. It can bounce up from it. Pattern : Support/Resistance. Range : Medium. Trend strength : Good. Buy Above : 47020. Stop Loss : 46920. Targets : 47100, 47180, 47260, 47320 and 47420. Sell below : 46800. Stop Loss : 46880. Targets : 46720, 46640, 46560 and 46480. Expected expiry day range is 46600 to 47400. Check the...
Price is moving within a channel. If it stays within the channel, movement will be choppy. Buy above 21260 with the stop loss of 21210 for the targets 21310, 21360, 21420 and 21460. Trend deciding zone is 21200. Sell below 21140 with the stop loss of 21180 for the targets 21100, 21060, 21020 and 20980. 21000 is a strong support zone. Expected range is 20950 to...
21000 - Will price move up or fall down? Thats the question in everybody's mind right now. Price is consolidating in the range of 20850 to 21000 for the past few days. Both bulls and bears are having equal strength so far. So what will happen next? Pattern : Double top square :) Range : Medium. Trend strength : Less, can gain. Buy Above : 21040. Stop Loss :...
Trend deciding zone for bank nifty is 47200 - 47300. To be bullish, price have to sustain it. Price is trending around 47000 for few days and this week, it may give break out.. Pattern : Channel. Range : Medium. Trend strength : Good. Buy Above : 47320. Stop Loss : 47240. Targets : 47420, 47500, 47580 and 47640. Sell below : 47140. Stop Loss : 47220. Targets :...