Taking support on trendline Breakout and retest done Any breakout above marked rectangle will tale Gold to higher levels This is purely my view and not recommendation
At support resistance zone Broken trendline on hourly chart Any pullback retest will give good RR ratio This is my view no recommendation
Following my earlier post on Nifty. Nifty filled the gap and sustained. Now if nifty breaks higher and retest the levels we can sure of bull trend. It will early to say bull trend started again. Tomorrow is expiry and Nifty closed at key level. I am sitting out and will only watch the market. This is my view and no recommendation
approaching previous key resistance area It will be interesting to see if it breaks or takes resistance. As it is a global commodity and affects global markets will have larger impact. if it starts sustaining near resistance area good chance that it will break out This is purely my view and not recommendation
Weekly timeframe Is it at the bottom and trying to hit SL ? Once it again starts trading in the channel good time to buy banking stocks in small quantities This is purely my view and no recommendation
Are previous supports acting as a resistance? Unless nifty breaks marked zone with strong volumes and retests it i will prefer to stay away from buying nifty. This is purely my view and no recommendation to buy or sell
Currently at major previous support resistance zone Any positive confirmation will give good RR ratio in medium term Aviod intraday Just for education
Near very important support resistance zone. Any confirmation of reversal will give a good risk to reward ratio in medium term. Aviod intraday. This is just for an educational purposes
Holding up the trendline Consolidation SL below trendline
Holding up the trendline. Any confirmation on smaller time frame good time to enter SL below tredline Target 1:2
Holding up support zone. Consolidation seen near current price level SL below marked zone
Will nifty take support? Keep it in your watchlist. will need double confirmation before going long.
Closed near top of the channel If breaks on the higher side may see all time high soon Bottom channel will act as support Just for education
Closed below marked channel if it comes back in channel tomorrow then the target would be top of the channel. wait for confirmation before buying as it is closed and tested bottom channel. Just for education.
trendline breakout observed plus retesting SL below marked green zone. Just for education
Unless it is holding green zone good levels to buy. Once it breaksout trend line further upmove expected. Just for education.
consistently respecting resistance at 200 EMA on 1 hr timeframe Just for education
Holding up levels near marked zone. Once it breaks trendline could be a good buy.