sumit_01

sumit_01

We took a short entry as nifty open below our level and our target is hit. Here's the key level for tomorrow. Follow rules for profitability. Thanks & Regards Sumit Thakur

sumit_01

Banknifty respects our level as i have mentioned in yesterday analysis. Here;s the key level for tomorrow. Follow rules for profitability. Thanks & Regards Sumit Thakur

sumit_01

At weekly timeframe, Tech Mahindra is standing at strong support around 1000 which is also a round number. Also, 0.618 fib level, 200 EMA & POC Level present at same area. If we look towards RSI, it's also showing techm is at oversold levels. We can go long and add some long position in portfolio with a SL of 940. Follow rules for profitability. Thanks, Sumit Thakur

sumit_01

HDFC bank is forming a kind of Head & shoulder pattern at weekly timeframe. For some days, HDFC may consolidate in range between 1100-1200. if HDFC break any levels, Target levels will be clearly achieve. Thanks & Regards, Sumit Thakur

sumit_01

Here's the key level for nifty. Follow rules for profitability. Thanks, Sumit Thakur

sumit_01

Banknifty gave a breakaway gap today. After a small pullback, On 5 min timeframe took support at 200 EMA. We go long at 9:30 AM. Tomorrow may be a range bound market. But if Banknifty break our levels, our target level will be achieved definitely. Levels are clearly mention on chart. Follow rules for profitability. Thanks, Sumit thakur

sumit_01

At weekly timeframe, Tata steel formed a kind of double top and broke a neckline also. When we draw a fibonacci from swing low to high. we found key levels for tata steel. As we can see, next major support of tata steel is nearby around 700 because there is level of 0.618 fibonacci, 200 ema and also POC level is just next below 0.618. Somewhere tata steel take...

sumit_01

Few months back, We recommended biocon for long position from 315 to 400. Which is completed. Now our analysis is form shorting biocon. After 40 days of consolidation, Biocon closed below 315. If biocon retest and gave closing below 310. We can short futures for target of 300 & 280 or trail our profits with a SL of 320. Levels are clearly Marked. Follow...

sumit_01

Nifty is in indecisive mode as compared to Banknifty as nifty firmed a Doji at daily timeframe. If nifty breaks any side we have to take a trade after dual confirmation. in market opens gap up and come downside again and get reject from 17th June day high we can place a long order with proper risk management. Our key levels and targets are mentioned of both...

sumit_01

Hello traders, Banknifty is working at our levels as we have shared on 16th June. After rejection from 32200, We took a long position at 5 minute timeframe with 1:5 RR for Targets of 33000-33200. And we have shared in live commentary. We are still holding our trade for targets. We used Fibonacci levels for our targets as market is taking pullback. On Monday,...

sumit_01

Here's the level clearly mention for banknifty. Follow these level for profitability.

sumit_01

Hey guys, Nifty is trading at crucial support level of 15700 due to global sentiments. in bear case, if nifty breaks support of 15500.. it will go more downwards to 14800 and 14500..but it only happens if there's in extreme negative global sentiments. but in bull case, If nifty daily candle breaks 15800. it will go up till 200 ema or 16400. If nifty breaks 200...

sumit_01

Banknifty is going to create 1000p range.. and trading between level 0f 33000-34000. it will break level of 33000 .. in upto next 2 week.. will take support at 32000.. consolidate for some day then it will break 32000 qnd comes downward to 30000. if you want to test my analysis then check my previous posts and backtest. Thank you