Swing & positional trading opportunities for next week (25 Apr)Created in collaboration with @AVENUESOFINVESTMENT. Here's our watchlist for the week. What are your views?
HDFCBANK
Nifty, Banknifty and top stocks analysis for tomorrow + levelsBanks seemed very weak today, especially ICICI Bank and SBI. The rest of the market, too, faced second-half jitters. VIX did not rise by much, and RIL touched 2800!
Bank Nifty Intraday StrategyHi Everyone Hope You are all doing good :))
Today #Banknifty give us a gapdown opening, so now banknifty again comes into the range of 36500-36000
all the important levels are marked.
Enjoy your day:))
Reliance at ATH! Daily market analysisReliance, along with other heavyweights, helped Nifty close a smudge away from 17,400 in today's session. I feel the Q4 earnings season might give Nifty the boost it may require to pick a direction. What's your view?
Nifty, Banknifty and top stocks analysis for tomorrow + levelsReliance, HDFC twins and Infy were able to lift the markets fairly well today, but that does not necessarily mean that the bearishness is behind us. All eyes are on ICICI Bank as we could see it being a key performer or dragger in the coming days. What's your view?
NIFTY Long Market near support ..This time to buy point ..this is my idea and yours
comment below .....thank you
Bank Nifty Intraday StrategyHi Everyone :))
So here are some important levels of #Banknifty Currently 36000 acts as a support and 36500 is act as a resistance
Thank You:))
HDFCBANK UPDATE- on the daily chart : the day closed with a good red candle with slight resistance from the bottom . so daytraders who followd my advice and went short today congrats on ur profits .
- on the weekly chart : a biiig green candle that show a potentiel selling squeez .
- on the 15 min chart : the price broke the VWAP downards.
- personal opinion : sellers beware . the big candle formd in the weekly chart might mean a squeez and the big sellers are getting ready to take their profits . so a reverse in trend might happen soon
- best move :
for day traders : becarful from now on things might get unstable . so i suggest to not open any positions
for long term traders : wait untill the price reachs the bottom level
i hope this technical analysis helpd you make a decision , if you need help or want me to keep an eye on a stock/forex/crypto/futures.... and keep you updated feel free to contact me on my twitter or private chats in tradingveiw.
Nifty, Banknifty and top stocks analysis for tomorrow + levelsThe markets fell spectacularly in the second half. Which side were you on? Why do you think this could have happened? Here's my analysis!
NIFTY Long Market take support ..today rally 100 to 200 points ..this time to buy that level ..and profit zone high level ..
this my idea and yours comment below ..
this is not any advice ...this is only study purpose
Nasdaq - Side ways movement predictionNasdaq - Side ways movement prediction.
The current movement will retrace to the next swing.
Note this is only for educational purpose.
Nifty, Banknifty and top stocks analysis for tomorrow + levelsThe markets fell yet again, this time owing to HDFC twins and Infosys. Nifty is at 50 and 200 MA, let's see how the week shapes up. What's your view?
HDFCBANK forcast on the weekly chart : the price did a wide gap downwards and made a decent red candle so far
on the daily chart : breaking a level and going down strong
on the 15 min chart : the price had went bellow the VWAP meaning the day will end red
personal opinion : the price will keep on going down until reaching the middle level with 80% of bouncing of it heading up
best move
daytrading : opening short positions in this week
long term traders : wait until the price reach the level and gives a clean indication of and uptrend
#HITECH 560🚀730 #NIFTY #BANKNIFTY #TCS #INFY #TATASTEEL #ITC #I#HITECH
NSE: HITECH CMP 559.30
NSE:HITECH
Target 650 ++ 730 (170)
SL 500 (60)
Return 30%+
RR ratio 3
Factors:
BULLISH WEDGE BREAKOUT
Trend Following
Rising Volume with rising Prices.
Flag pattern breakout.
Pennant Pattern Breakout with Bullish Candle.
Retest Successful.
Higher Highs & Higher Lows.
Broken above RESISTANCE levels
Trading at SUPPORT levels
Earnings are strong.
Bullish Wedge Breakout
Risk Return Ratio is healthy.
And
Rising from Double Bottom Pattern to Flag Pattern forming.
If you like my work KINDLY LIKE SHARE & FOLLOW this page for free Stock Recommendations.
With 💚 from Rachit Sethia
BIG move ahead in banknifty.Banknifty had been spending last 7 days in a narrow range . we had seen some selling pressure but bulls were able to hold the important level of banknifty.
if banknifty closes above 38200 in daily time frame we can hold CE positions in long side for the entire week.
and if breaks down the 37360 level in the daily time frame we can see a down side move.
NIFTY long Level Price LTP 17585Market is near support This is Time to buy and hold for target .
This is my idea and yours comment Below
Nifty, Banknifty and top stocks analysis for tomorrow + levelsThe markets fell today as well, this time finding support around 17400-17500. Banks outperformed. What's your view?
Nifty, Banknifty and top stocks analysis for tomorrow + levelsThe markets seem to have closed on an indecisive note today. Q4 earnings season has been kicked off by TCS, with Infosys feeling most of the jitters. What's your view?
#TATAMETALI #TATASTEEL #TATAELXSI #TCS #TATACOMM #TATAMOTORS #IT#TATAMETALI
CMP 875
Target 1040
Sl 755
Time frame < 3 months
NSE:TATAMETALI
INVEST & HOLD NSE:TATAMETALI
Factors:
BULLISH WEDGE BREAKOUT
Trend Following
Rising Volume with rising Prices.
Flag pattern breakout.
Pennant Pattern Breakout with Bullish Candle.
Retest Successful.
Higher Highs & Higher Lows.
Broken above RESISTANCE levels
Trading at SUPPORT levels
Earnings are strong.
Bullish Wedge Breakout
Risk Return Ratio is healthy.
And
Rising from Double Bottom Pattern to Flag Pattern forming.
If you like my work KINDLY LIKE SHARE & FOLLOW this page for free Stock Recommendations.
With 💚 from Rachit Sethia
HDFC BANK Trend AnalysisBearish divergence shown by RSI on weekly timeframe with weekly close as a strong bearish pin bar candlestick shows there is strong bearish pressure.
Do not jump to buy because of the merger and everyone is bullish.
Let the price fall to buying zone for a big rally upside.
Buying Zone is around 1100-1175 level
Target 1 2350 (100% ROI) Medium Term
Target 2 3350 (190% ROI) Long Term
All price levels mentioned above are Fibonacci levels.
This heavyweight will drag bank nifty down for sure.
This is just my analysis purely based on technicals only.
Kindly do your due diligence before trading or investing.
Peace!!
