Dabur ready for breakout Crossed above 200 EMA on daily chart with good volume. "W" pattern in seen on daily time frame. Facing resistance at 583. Buy above 585 once Breakout Given and level retested TGT 612 - 625 - 644. SL 555 please do correlate by yourself also on charts. This is for educational and paper trading purpose only. Please consult your financial...
Crossed 200 EMA on daily chart. Good Volume seen. Many times it has bounced up from this Demand zone Demand zone marked on chart 2529 to 2587. Supply zone marked on chart 2699 to 2755. Made a "W" pattern on Daily Time Frame ready for breakout. Buy above 2620 once retested this level for a Tgt of 2700 - 2750 - 2860 Keep SL 2529 please do correlate by yourself...
Taking Support on 200 EMA on daily chart. Good Volume seen. Stock has consolidated and now trading in a narrow range ready to move up. Buy near 485 SL 468 TGT 507 - 540 -564 please do correlate by yourself also on charts. This is for educational and paper trading purpose only. Please consult your financial advisor before investing.
Since 04 Nov 2021 Tesla following "Downward Channel" Beautifully. Took Resistance at the Upper line of Channel 4 times as marked with white arrows. Took Support at the Lower line of Channel 3 times as marked with white arrows. Facing Resistance levels near 1173 & 1241. Minor Support near 960. Major Support near 850 Which will also be the next lower Line support of...
BITCOIN Bouncing back levels as given on the chart please do correlate by yourself also on charts. This is for educational and paper trading purpose only. Please consult your financial advisor before investing.
Good volume seen taking support at 200 EMA broken above resistance line and took support Buy 71-72 SL 68 TGT 80 -87 please do correlate by yourself also on charts. This is for educational and paper trading purpose only. Please consult your financial advisor before investing.
Good Volume seen in marico its taking support on 200 EMA Took support at 487 now taking Support at 500 BUY at 500 SL 487 - 485 TGT 544 - 571 - 590 please do correlate by yourself also on charts. This is for educational and paper trading purpose only. Please consult your financial advisor before investing.
Banknifty has not broken trendline upside Its trading below 200 EMA on 1 day TimeFrame which is at 35450 More Fall is expected till it breaks above the trendline and trade Above 200 EMA Monthly Expiry Tomorrow may touch next support level of 34400 & 34000 Resistance at 35550 & 36325 please do correlate by yourself also on charts. This is for educational and...
Nifty is following channel downwards it is still not strong it needs to break the trendline to give clear bullish move Support at 16918 and 16698 Major Support zone at 15640 - 15918 Monthly Expiry tomorrow - NIfty expected to fall more if trendline not broken Please do correlate by yourself also on charts. This is for paper trading and educational purpose. Must...
Bitcoin followed channel downwards BO above trendline now support at 45340 nest support at 40250 resistance 51800 next resistance 59441 Buy at 45340 for a tgt of 51800 & 59400 SL 45250 or Buy at 40250 for tgt of 45000 - 51800 - 59400 please do correlate by yourself also on charts. This is for educational and paper trading purpose only. Please consult your...
IS IT EASY TO TRADE IN BANKNIFTY OR NIFTY ? - Nifty Comprise of Nifty FMCG, Nifty IT, Nifty MEDIA, Nifty METALS, Nifty PHARMA, Nifty PSU BANKS, Nifty PVT BANKS etc (Mix of stocks from all sectors). - For analysing Nifty also you need to analyse banks. - Where as Nifty Bank is just comprise of Mainly 10 Banks. - Out of these 10 Banks - 5 Banks holds 87.83 % and 5...
Kotak Bank is still following the Downward Channel with no near time hope of recovering. Took Support near 1720 but the pattern shows that after a little consolidation it is continuously falling. Volume is reducing. It is Trading below 200 EMA on Daily Timeframe. 50 EMA is showing resistance continuously on 1 Hour chart. Resistance Levels are 1790 - 1888 - 1938 -...
SBI Bank was following downward channel. took support at the trendline which was earlier resistance line. trading above 200 EMA on daily timeframe. 50 EMA line is acting as resistance on 1 Hour chart. Resistance line is marked as Red Line. Support Line is marked as Orange Line. Volume is reducing continuously. It as range bound since few days ready to blast upside...
ICICI Bank was following downward channel since long. Nor trading above 200 EMA on daily chart. Volume reducing. Facing resistance - Red Line. Support line marked - Orange Line. Ready to move up or down soon will good Volume. Earlier Trendline is now support line. Resistance @ 739 - 757 - 770 -789 - 810. Support @ 711 - 698 - 688. This is for Educational and...
AXIS Bank Trading Below 200 EMA on Daily chart. facing Resistance fro 50 EMA on Hourly chart. fresh resistance line marked in red colour. Volume is reducing continuously. Resistance Levels are 684 - 721 - 759 - 792 - 824 Support at 661 - 648 Risky Traders can buy @ 661 keeping Targets as 684 - 721 - 759 - 792 - 824 with SL @ 648 Safe traders to make position only...
After making a high near 1725 on 18 Oct 21 HDFC Bank Started Moving downwards. It followed Downward Channel from 18 Oct 21 till 1st Dec 21. It took support at the same trendline on 20 Dec 21 which was acting as Resistance earlier. HDFC Bank is moving in consolidation zone since 20 Dec 21. Red Line marked is the new resistance Line & Orange Line Marked is new...
Simple Indicator If Next day Lines are concentrated as compare to previous day Lines - Move is about to come. If Next day Lines are concentrated and above the previous day Lines, Up move is expected. If Next day Lines are concentrated and below the previous day Lines, Down move is expected. After this you can correlate with chart patterns for its correctness....
Nifty following a downward channel Nifty is bearish till it sustain above 17200 level Nifty may correct before the upcoming Budget rest all levels are as shown on the charts. This is for Educational and paper trading purpose only. Must consult your financial advisor before investing or taking any position in the market. please correlate by yourself also on charts.