stockssimplyfy

stockssimplyfy

If tomorrow price starts in between 39150...35500 we will wait price to hit either upper resistance or lower support and wait for next move. If price gapsup and falls from target area like previous week we will buy put . If price starts and continues upwards from todays spot we will buy ce.

stockssimplyfy

SILVER is 27% down from its high of last year. we can see bullish marubozu candle at resistance of 54000 range. Silver has value both as a precious metal and as an industrial one. silver demand has been overwhelmingly tilted toward its industrial side, silver is used in various other industries apart from jewellery. As a result, there is a good demand for this...

stockssimplyfy

Price is still trading in the same range for 7 days now , price is trying to move upside but getting rejections from same resistance for the third time . Monday ,if price breaks triangle channel and moves downwards immediate target would be 37600 and next will be 37250. If price gapsup above triangle channel and tests 38150 level for the fourth time then...

stockssimplyfy

Banknifty trading in the same zone since 5 days. Today banknifty price tried to break both upper & lower support and resistance area but ended up in middle of the zone. Until price breaks either of the side we consider it a sideways market.

stockssimplyfy

As we can see clearly in the chart buyers are currently strong , price is trading above the channel and buyers are not letting the market go down. we can see consecutive bullish wick candles in all 5 trading sessions. If the price tomorrow starts trading near or above 17400 ... 17600 is our target , second target would be 17670 .

stockssimplyfy Updated 

According to our yesterday analysis,price could not break higher or lower S & R levels and remained sideways the whole day. Yesterday we saw the W pattern today we can see the CUP and HANDLE (which we can expect tomorrow to complete) pattern. So tomorrow if price breaks below 17380 we can assume to be a continuation of todays remaining part of the handle (cup...

stockssimplyfy

BANKNIFTY indices is trading in between 37400....38000 supply and demand area, since four sessions. Tomorrow if price breaks 38150 level immediately, target would be 38400. If price gaps up above 38400 or starts trading near 38400 level after 12 pm we can expect another 150 points move.

stockssimplyfy

As we discussed yesterday price moved 120 points whole session . Tomorrow I am expecting the same trend will follow . If gaps up above 17400 level immediate resistance is 17460 or if gaps down below 17150 immediate target 17080. As of now we cant expect big move , unless price breaks 17000 support or 17450 resistance , Inside this range price will make a...

stockssimplyfy

If bank nifty tomorrow breaks 37920 resistance level our next target would be 38300. If gaps down or retraces and takes support from the channel near 37730 we wait for price to bounce back . Unless price breaks below 37680 we should not buy put.

stockssimplyfy

Price is in the middle of supply and demand area which I have drawn in weekly analysis , Tomorrow getting a 200 point move is very difficult and we can expect 100 to 150 point move and that too has only 3 possibilities, which I have drawn in chart . I am expecting choppy or sideways market tomorrow.

stockssimplyfy

Price almost traded in between 37200....38000 for 4 days as we expected last week. if price immediately breaks 3800 level on monday price can move above 388000 level in next 5 days trading sessions. But friday we saw price rejection from upper levels , so i am expecting a small correction of price till 0.38 of fib level. If we analyse according to Elliot...

stockssimplyfy

NIFTY has broken channel and is trading in major supply & demand area . Trend can be unpredictable until price breaks resistance area of 17400 . Earlier price took 2 weeks to break the zone , retracement is also possible from this zone. So be cautious and trade with less quantity .

stockssimplyfy

HDFC bank is one of the largest private sector and biggest bank of INDIA and WORLD'S 10 th largest according to market capitalization . HDFC bank is among top nifty 50 index stocks and one of the largest bank in bank nifty index with 28% weightage . According to ELLIOT WAVE ANALYSIS it has completed one big cycle and moving towards third wave which is...

stockssimplyfy

If NIFTY price tomorrow starts trading above todays close and makes bullish candle in first fifteen minutes we will buy call ,target would be 17130. If price breaks channel or gaps down around 16750 support area we still buy call and initial target would be todays high. 16750 is strong resistance area , i dont expect market to break this area tomorrow , as of...

stockssimplyfy

Price has broken 37000 major resistance area , previously major swings took reverse from this area, If we analyse day time chart , we can see previously price consolidated between 37400....38000 for a week , so i expect uptrend momentum could be slow tomorrow , If price trades in this area . Tomorrow we should avoid buying PUT as ASIA ...EUROPE & U.S. ...

stockssimplyfy Updated 

i am expecting bullish market tomorrow as fed results are out and U.S. market already showing positive trend . Gap up of price near 37000 resistance and continuation of uptrend is possible. First target would be 37130 after that 37340.

stockssimplyfy Updated 

For the first time since 3 days price made higher high, higher low momentum , I am expecting the same trend to follow tomorrow . Currently price is trading in between 16570....16680 support and resistance levels , if price tomorrow starts trading between support and resistance area we will wait until it breaks resistance or retraces back to 16570 and resumes uptrend.

stockssimplyfy

If price gap downs or breaks below 36280 first target would be 36080. If gaps up above or moves above no trading zone 36900 is the target . Compared to nifty, bank nifty price momentum could be slow as there are too many small resistance below 36280