this zone marked is potential reversal zone . expecting reversal from that zone.buyers can look for buying confirmation inside the zone. -- intraday traders can keep 0.236 fib level of swing C to latest swing low. entry is strictly inside zone. keep sl below zone -- swing traders can keep 0.5 fib level as tgt.
can try for intraday with t1 as tgt. take entry at zone only. look for confirmation at zone.
Crucial days ahead. Nifty futures, if it breaks 21813.60, we will have some retracement but will be heading to 21060. Break of 21060, we will definitely go to 20270, again via some retracement. This is pole-base-flag pattern playing out in a weekly timeframe. We are not in a bear market, but 10-15% correction may loom before we head back to the bullish trend...
Nifty opens gap down and bears were aggressive from staring of the day and drag the market down to the 21932 level which is low of the day. Nifty has formed a big bearish candle with upper shadow. Nifty was down around -360 point and at the end of the day it gave closing near 21957 with -345 points down that is -1.55%. Market was highly volatile throughout...
Support and Resistance Levels: In technical analysis, support and resistance levels are significant price levels where buying or selling interest tends to be strong. They are identified based on previous price levels where the price has shown a tendency to reverse or find support. Support levels are represented by the green line and green shade, indicating areas...
Support and Resistance Levels: In technical analysis, support and resistance levels are significant price levels where buying or selling interest tends to be strong. They are identified based on previous price levels where the price has shown a tendency to reverse or find support. Support levels are represented by the green line and green shade, indicating areas...
On monthly TF, angular TL 2008 BO on 2023, Al Time High 96 Now price 3rd wave end and coming for correction, wave 4th with 23 % retracement. Best Entry price near Rs. 57
Greetings Folks, today I have prepared a setup of NSE:IDEA on NSE the analysis is as follows- - marked an important support zone in higher timeframe - price tapped in it and respected the support zone - in lower timeframe , there is a ranged structure speculating that nifty might move in up direction, we can plan a small counter trade don't play with fire,...
#Banknifty:10th May Step1: if GD...then 47172 is S1...get long. exit at 47638-R1. Swing high R-2= 47927 Step2: If flatish start 47927 to hit fast. Exit c/f longs. Can immediately short there. Step3: if S-1 not sustained S2 -46906.
BANKNIFTY closed below va 1. gapup 48050 long till 48150 2.48050-47700 trade reversal 3. gapdown 47500 short
I am sharing Nifty Levels this levels act as important support and resistance for intraday . If you want to trade with this levels wait for 15 min candle closing above that levels. You can trade with breakout and reversal both. Please note this levels are for intraday trading only.
NIFTY closed below va 1. gapup 22220 long till 22300 2. 22220-22000 trade reversal 3. gapdown 22000 short on retracement
I am sharing Bank Nifty Levels this levels act as important support and resistance for intraday . If you want to trade with this levels wait for 15 min candle closing above that levels. You can trade with breakout and reversal both. Please note this levels are for intraday trading only.
- Gap Filling Done - Trendline tested 4 times i.e. weakening - Two Dojis at the gap zone indicating indecision - A good bullish sign here can mean a potential up move - Given that the pharma sector hasn't performed in the last year, we may see some momentum in the coming period. DISCLAIMER: We are not registered. We are not advisors. Everything here is merely...
My trend lines are from weekly time frame that took reference from multiple year's price action swing points. Price here has broken the light green line, it's now near the dark green line where it will take support. I am waiting for price to reach red line but not in coming weeks. Price likely to go up sharply again before being rejected and crashing. I hope...
This is a good time to buy Reliance Industries shares because of a bullish pattern on the daily time frame. The stock is also at support level, and the company's fundamentals are strong.
This is good time to buy this stock because stock at support level in channel pattern also recently TVS Supply Chain Solutions secured a new business contract from VE Commercial Vehicles (VECV). The contract involves managing in-plant warehousing and logistics functions at VECV’s Eicher bus factory in Baggad, Madhya Pradesh. The partnership is set to last for...
A Clear indication of how Happiest mind is technically underperforming on chart compared to Nifty index itself because we have both short and long RS below 0 line. Once we expect a good turnaround of NIFTY-IT, keep this stock in watchlist. Wait for a clear Trend change indication. Need the Falling wedge Weekly breakout with Good Volume along with Breakout of...