sameerangio

sameerangio

BANKNIFTY is retesting the Resistance turned into Support. Selling Pressure is visible with Monthly Candle printed in June 2022. Price of 32000-32100 is Critical Support. WHAT IF- Price Breaks Down this Support, Fall may be a probability. Price takes Support with HAMMER printed in July, Bounce may be a Probability. Notice the FIb Levels acting as Rejection...

sameerangio

Notice the DB Pattern with Price making Equal LOW. Volume confirmation wth Bullish Green Candle is seen on 31st MAY> Price is near to 23% FIB RES. Likely to consolidate near 480 and 530 region Best Buy neat 500-510. Probability of consolidation is high. Happy Trading and Happy Investing.

sameerangio

DEMAND and SUPPLY, the most commonly seen in Stock Market and visible in the Chart. DT seen in the chart with price making EQUAL HIGHS, with RSI and MACD Bearish Diversion. Target for DT is achieved. PRICE has taken Support and PREVIOUS Resistance, Change in Polarity. Candlestick Patterns of Hammer followed by Bullish Green Candle is seen on the Chart. Swing Trade...

sameerangio

Formation of HEad and Shoulder, at the TOP of the TREND. It is Powerful BEARISH Reveral Patterns. Breakdown Candle, TL Breakdown is visible on the chart. Support TL is Seen, where PRICE has Formed the HAMMER with High Volume. Price is likey to Go Sideways, WATCH OUT for Follow up for HAMMER, and LOW of the HAMMER, if you are planning for LONG Entry with SL of...

sameerangio

DT- Price Retesting 182 Formation of DT 1st Sup-157 Price may REACT around 157-160 Price Range. BUT SHARP FALL from 182 to 162..PRICE may go SIDeWAYS and Continue the Slide till NEXT STOP of 150 The UP movement of Price is indicated wth 5 wave theroy as it was visible on the Chart. Formation of DT, and RSI in DAILY less than 40 indicates HEAVY SELLING Pressure ...

sameerangio

Notice the Price Action. Always use DOW theory as reference. Price as arrested the Lower Lows, and started making Higher Low. Price has done BO of Res TL, and will consolidate before moving in the upwards direction, Probability. LONG on Reliance with SL as per the Chart. Happy Trading

sameerangio

Notice the DB Setup, with Volume. DOW theory indicates PRICE making equal low, RSI - Bullish Diversion. Stock is changing the Gear, indicating possible Reversal. Weekly STOCH reversing from Oversold zone , if you love indicators :). Happy Trading, and Happy Investing

sameerangio

IT sector has been outperforming NIFTY in 2020. It seems its time for TCS to lead the IT performance in 2021

sameerangio

Reliance Industries - likely move