- Price Holding support area post strong uptrend - Break & Retest - Volume Accumulation Keep on Radar. Potential upside stock📈
- Range #BREAKOUT - Volume Pop Will look for Retest to enter Longs📈
Trading within the pattern, either side break would give threshold momentum. Current intermediate trend is bearish, If nifty break below the important support zone this bearishness would continue further 📉 While on the upperside, Nifty need to break upper area of pattern and travel above 25300 for reversal indication 📈
💡Banknifty (TF : 30 mins) 🐻 ▪️ Trading near Trendline support where we can expect bounce towards 51900 / 52300 📈 ▪️ Below 51000 - 50800 thing could go further lower towards 50300 / 49800 / 49300 📉 ▪️ For upper side will monitor firmly @ 52300 - 52400, above this banknifty can even try for new all time high 📈 📌 Most import Weekly support @ 48700 - 49000
Travelled almost 1100 from marked resitance area 26150 - 26780 Nifty is currently trading at intermediate support and buyers zone! Though trend and volatility still favoring biasness towards Bears, Bulls need to wait for firm signal before creating their positions!
Channel has been broken & early shift in short term trend indicates #Nifty50 may travel further lower! Immediate #support @ 25575 / 25300 #Bulls need to wait & look for any reversal sign before building positions!
- #Trading new strong Demand zone - Seller's Exhaustion - Respecting Falling Trendline 📌Keep an eye either on - #breakout of trendline - #Reversal sign @ Demand zone If you found this chart valuable, do Follow - Like & Comment ❣️ Telegram for frequent updates..👇 @stockgrove
From potential bearish zone to 25825 📉 Channel has broken & trading below it! Below 25780 we could expect further downside
- Price trading within channel - Early rejection from upper area - RSI Divergence (Over bought) 📌 It's likely to watch how #Nifty50 will react near 25970
It is in the process of breaking it's 6 months chop..! Liquidation at lower level and failing to create new low were sign of it! Resistance @ 69000 / 73500 post above this can travel towards 83000🧐 One should likely to follow the channel and plan trade accordingly for better result!
- Slopping Trendline #BreakoutStock - Price failed to create new low - Volume Pop 📌 Above 241 #stock looking good for upside 📈
If you do not enter trade based on your set-off rules / strategies then you might ended up yourself by putting in wrong place. ✍️ You should note down things like: - What Stock/Index/Currency you want to trade - What time frames suitable for you to trade - When will you enter a trade (based on what strategy/rule) - When will you exit a trade (based on what...
- Range Breakout - Cup & Handle - Volume Contraction Strong Potential upside possible⤴️ Don't forget to follow us on Social Media for wider & frequent updates.. @Stockgrove
- Potential Upside 60-70% - Monthly Breakout - Volume Pop - Recreating History Like & Retweet to have your support🙌&❤️
- Bounce from Demand Zone & Reversal sign - Trendline #Breakout - Volume Spurt 📌Potential upside ❣️&🔄
- 1.5+ Month Base #BreakoutStock - Falling trendline #Breakout - Volume Buildup 📌 Potential upside #stock ❣️&🔄
Standing on crucial area! Buyers accumulation visible Above 802, #Sbin can travel towards 822.50 / 841+📈 further rejection here, can lead price lower to 765-775 #nifty #stockinvesting #fed #HDFCBank #icicibank #niftybank #gold #option #FOMC
Short sellers trapped in #Nifty? Despite multiple try from sellers, Buyers able to swept out entire negative price formation and lead to new ATH! Shorts need to be little cautious here! As #Nifty50 can travel towards 255550 / 25800