Educational Purpose Only Technical / Chart Study of Bank Nifty Futures LTP: 3811.00 Support: 38500.00 Resistance: 38950.00 / 39250.00 38500.00 is to be considered as a crucial level as the supertrend and price action have the same support zone in the hourly chart. We can expect a steep downfall if 38500.00 is broken on the downside. 38500.00 was a resistance...
Educational purpose only Study on the charts of Nifty futures ***Dow Jones is -21 as I do this study so, we consider it flat. LTP: 17503.00 Support: 17350.00 Resistance: 17600.00 & 17750.00 17600.00 is a very crucial level in the 15 min charts. It is where the price action and supertrend meet. What I mean is, the resistance according to price action and the...
the bank nifty looks weaker in the 15 mins chart. ltp: 38930 support: 38500 resistance: 39300 if you remember my study before, bank nifty futures had resistance at 38500 and 39000. now that the resistance is broken, it theoretically becomes an immediate support. rsi, divergence, macd, all the indicators are weak and the vwma is just been broken and the weakness...
educational purpose only 5 min (intraday) chart of nifty futures I don't like saying this again and again but I will, I told you that I am not optimistic about the markets and here we go, a steep fall again. I did try to trade long today and my SL was triggered so I can say that even I didn't listen to myself. anyways, getting back to the topic. ltp:...
educational purpose only hourly chart of bank nifty futures ltp: 38700 support: 37725 resistance: 39000 my target of 39000 might be achieved today. again, the risk to reward ratio isn't favorable and the pattern is not clear so let's wait for a safer trading space and option. trend for bank nifty futures is positive
educational purpose only hourly chart of nifty futures ltp: 17610 support: 17425 / 17250 resistance: 17725 risk to reward ratio doesn't make sense for trading today. trend remains neutral and will only change to position above 17950
*educational purpose only* this is the hourly chart of bank nifty futures ltp: 38085 support: 37775 resistance: 38500 / 39000 the levels are almost the same as yesterday. the markets are range bound and volatile but I get nervous looking at the indicators because they are not as strong as they should be. I am not saying that bank nifty futures won't go up,...
*educational purpose only!* hourly chart of nifty futures ltp: 17371 support: 17225 resistance: 17600 here too, the indicators look exhausted. the range that I am looking at is 17600 but doesn't necessarily mean that the nifty is bullish in the long run. I would rather avoid trading at this point and wait for the right levels. aggressive traders can buy nifty...
educational purpose only! 15 min chart of apollo futures cmp: 4540 support: 4490 / 4400 resistance: 4600 / 4725 macd and rsi look positive. can expect greens tomorrow. also, we may see a longer bull run if the supertrend turns green.
*educational purpose only!* 15 min chart of Bank Nifty Futures CMP: 38179 Support: 38050 / 37500 Resistance: 38200 / 38750 overall the indicators are positive. expect greens tomorrow
Indian Railway Finance Corporation Ltd (IRFC) LTP: 23.70 P/E: 5.60 B/V: 29.78 P-B/V: 0.80 the PE ratio and the Price to Book Value ratio is very good. ROE: 13.34 ROCE: 5.02 ROA: 1.34 Return on equity is good but return on capital employed and return on assets could be better. EBIDTA has jumped up to 15770 cr in 2020-2021 vs 13421 cr in 2019-2020 and the year...
educational purpose only 15 min chart of nifty futures trend according to Fibonacci cmp: 17855 support: 17600 / 17400 / 17175 resistance: 18075 / 18300 / 18500 bullish crossover in macd and rsi is above 50 so we can expect 18000 on Monday. US markets looked weak so wait and re-evaluate the trades once market builds a new intraday trend.
*educational purpose only maruti looks good for this week buying zone between 7325 and 7375 support is at 7000 resistance is at 7950+ followed by 8300+
daily chart of rain ind educational purpose only attempt to break the downtrend has been made CMP: 239.80 SL below 219.90
daily chart of rallis India educational purpose only looks like a double bottom plus the downtrend was broken CMP: 274.00 SL below 267.05
daily chart of sbin educational purpose only trendline is being respected CMP: 460.45 SL below 443.00
daily chart of VSSL educational purpose only downtrend broken and sustained CMP: 253.55 SL below 241.80
hourly chart of reliance futures charts closed above 2398.50 which was a crucial level. another resistance is at 2480.85 so the trend of reliance changes at around 2500 after which the highs at 2850 could be tested. the chart not only broke the crucial level but also managed to cross over and close above the resistant trendline which wasn't broken since 21st...