I have made a supply zone.
If nifty 5 minutes candles closes below the supply zone, you can take a trade for 30 points with 30 points as SL (1:1 RR Ratio)
Disclaimer: I am not a SEBI Reg. Analyst. Also do your research before trading or investing.
Breaking and sustaining above weekly trendline with good volume, Weekly RSI is also showing strength... Can go above the target but I will update if to hold further or not. Seeing an upside till 746 with a SL of 644. I am not a SEBI Reg. Analyst, do your own research before investing. Comment if you have any regarding this :)
On daily chart, with a good volume, a breakout is being seen. Due to the reason that the monthly RSI is in overbought zone, I have reduced the target, otherwise as per basic rules, target is above 600. You can enter on this candle and wait but wait for the weekly candle to close above the consolidating range. The target is expected to reach till the green box...
All time high volume on a monthly chart with a super breakout. Seeing it above my target, but for some technical reasons, target has been reduced. For SL, I have the supply zone which will act as support and SL. Comment if you have any questions regarding this.
Disclaimer: I am not a SEBI Reg. Analyst. Do your own research before investing or trading.
Breakout from a weekly resistence with good volume, also making a "W", buy now or after a retest depending on your risk apetite, seeing an upside till 900. This is for Idea purpose only, I am not a SEBI Reg. analyst. Do your own research before investing. Comment if you have any questions regarding this.
A double bottom with a hammer. If nifty opens a slight up or down, then go long, otherwise if it opens near the target or in or below the demand zone, then don't take trade.
Disclaimer: I am NOT a SEBI Reg. Analyst. DO your own research before investing or trading.
Track nifty financial services sector closely. RSI is showing strength and want to go in the overbought zone I think. FIIs have infused in financial sector recently. If this moves above the supply zone marked on the chart with a closing weekly candle, Go long for the best financial services shares as large companies are the greatest contributers to the...
Take a view of a year or two, and initiate a buy trade here. SL and Target are shown on the chart.
Disclaimer:- This is for idea purpose only. I am not a SEBI Reg. analyst. Do your own research before investing or trading.
We see a strong Resistance Zone on a monthly chart frame. Let 10,042 break on a weekly chart with decent volume. Next resistance/target would be 12,000.
Disclaimer :- I am not a SEBI Reg, Analayst. Please do your own analysis before trading/investing.