A cup and handle price pattern on a security's price chart is a technical indicator that resembles a cup with a handle, where the cup is in the shape of a "u" and the handle has a slight downward drift. The cup and handle is considered a bullish signal, with the right-hand side of the pattern typically experiencing lower trading volume. The pattern's formation...
Gap Up Opening Scenario: If BANKNIFTY opens with a gap above 48500 and sustains above 48450 for the first hour, a recovery towards 48677 may occur. Further upside movement towards 49000-49100 is possible if the price holds above 48677. Conversely, trading below 48300 may signal a breakdown towards 47971-47823. Flat Opening Scenario: In case of a flat opening...
Gap Opening Scenario: If NIFTY opens with a gap above 22350 and maintains this level for the first hour, traders may consider a relief rally trade targeting 22453-22511. Should the price sustain above 22511, further upward movement towards 22673 could be observed. Conversely, if the price fails to sustain above 22350 and drops below 22300, support at 22274 may be...
200 EMA breakout and rising. Also bottom an divergence are there.
Nifty future and banknifty future analysis and intraday plan in kannada. This video is for information/education purpose only. you are 100% responsible for any actions you take by reading/viewing this post. please consult your financial advisor before taking any action. ----Vinaykumar hiremath, CMT
NSE:CIPLA Day TF Healthy Hammer candle formed in day 15 Min TF Price is under consolidation which is very good sign for further movement Price has rejected from support level. Price has reacted well with 200 EMA & 50 EMA today. Good Recovery after 10 AM Buy: Risky trader: Buy at 1428. Target 1% Direct Gap-up entry should be avoided Get confirmation...
Nifty formed h&S in 1 hr time frame. next support 22280 Disclaimer: This is not an investment recommendation, advice, research report, or stock tip of any nature. We are doing this only to understand how to read derivative data and perform technical analysis. Strictly for educational purposes only.
As per the reference analysis on 29th April for intraday, we got good trades(Attached link for the previous analysis). In continuation to this, we got very good structure formation towards bullish movement. Weekly and Day TF is at Strong support area 15 Min TF • Price is in upward trend • Price is reacting as per previous breakout. • Resistances are...
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...
📊 Script: DEEPAKNTR 📊 Sector: Chemicals 📊 Industry: Chemicals Key highlights: 💡⚡ 📈 Script is trading above its Resistance level which is 2500 on Weekly Chart. 📈 If Script is able to sustain above 2500 level we may see good rally into stock. 📈 One can go for Swing Trade. ⏱️ C.M.P 📑💰- 2513 🟢 Target 🎯🏆 - 2733 ⚠️ Stoploss ☠️🚫 - 2396 ⚠️ Important: Always maintain...
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...
📊 Script: OIL 📊 Sector: Crude Oil & Natural Gas 📊 Industry: Oil Drilling / Allied Services Key highlights: 💡⚡ 📈 Script is trading near at its resistance level which is 645. 📈 Script should give closing above 645 level so that we can see good rally. 📈 Script is trading at upper band of BB. 📈 MACD and Double Moving Averages are giving crossover. 📈 Right now...
BANKNIFTY closed below va 1. gapup 48550 long till 48900 2. 48550-48250 trade breakout 3. gapdown 48250 short
NIFTY closed below va 1. gapup 22425 long till 22500 2. 22400-22320 trade breakout 3. gapdown 22320 short