www.tradingview.com Today, Crudeoil encountered a massive selling rally. Here are the possible levels of reversal: 6250 / 6200 /6080 / 6000
www.tradingview.com Please have a look at the weekly levels of BankNIfty for your reference. Currently there are push from low but under range of 44200 to 46300/ Breaking either side will confirm the rally.
www.tradingview.com The weekly time frame shows a range-bound market for this stock, which is favorable for positional and futures traders. The stock is trading near its 52-week low of 1380, which is also a support channel. A break below this channel could trigger a further decline to 1280 or even 1100, which are the next support levels. However, this scenario...
www.tradingview.com BankNifty: As shown in chart here, BankNifty went into pullback after making its all time high and its new Supply zone, a few days back. It reached to its previously established price zone which was its old demand zone too. It is obvious that if any ticker goes into Demand zone, it can easily bounce back sooner or later. Same happens if any...
www.tradingview.com BANKNIFTY: After a great selling pressure and fall by more than 2000 points, BankNifty likely to revert from 44800 on Weekly Chart. It is creating a Cup & Handle Pattern which is a Bullish pattern however during making a Cup, it always goes down. There is an open gap between 45000-45500. During making the handle of the Cup, it will be filled....
www.tradingview.com NSE: TCS : After touching its 52w HIGH recently, the chart looks Neutral in current pullback condition. The concerning item are Open Gaps. As per Gap theory, every Gap has to be filled. So, why to look for an opportunity, if possible. Here you go: If TCS goes below 3850 level, one can go SORT having the Bearish view. The first target can be...
www.tradingview.com HAPPSTMNDS : After a great fall and making 52w low, this is currently trying to exit from consolidation phase. One can look for medium to long term buy by keeping the StopLoss at 890, the first target can be 960 and then the next target will be 1015 and then 1120. These are immediate targets. The final target will be 1490. One can start with...
www.tradingview.com APLAPOLLO: Really Bearish view after looking at Triple Top and then Inverted Cup & Holder pattern. The last support is 1450 level. If it closes below this level on Daily timeframe, it will be in a severe bearish rally situation. The next level below will be 1329 and then further 1200 levels. On above side, until it is not crossing 1800 level,...
www.tradingview.com RELIANCE: As per technical evaluation, it is near its 52W high price. However, if we could see historically, it was in a range of 2000 - 2600 for a long time now. We can see, it has made triple top as well as rising wedge, but do not forget, there is a cup being formed inside and we should not forget. A good time to enter in investment will...
www.tradingview.com ICICIBANK : The chart clearly shows non-sustainable after making its aggressive 52W High. Reversed with divergence at price as well as at RSI level on Daily time frame. Further on chart, it is making Rising Wedge which again depicts the bearish trend. Further down, there is an opened gap between 950-960. A little down is the Point of Control...
www.tradingview.com BankNifty : It is at crucial level. Please have a look at the 3-hours chart for levels.
www.tradingview.com INFOSYS (NSE: INFY) : It seems currently in a range bound of 1520-1570. Until it is not breaking 1520 at lower level, it is not going to fill the historical gaps lefts below. For higher side, it need to break 1570 to test its 52w high at 1619. The next target at higher side will be last swing high at 1660 approx.
www.tradingview.com HDFCBANK : HDFCBANK is about to touch its 52w HIGH level. However, there is a divergence being indicated at RSI on Daily timeframe chart. The similar divergence being indicated at price level as well. We need to be cautious as there are a few Gaps open at near 1640 and 1570. As per Gap theory, every Gap has to be filled. If it holds above...
www.tradingview.com FinNifty has recently made its All Time High at 21570. From there, it is almost sideway to negative. While looking for levels on Fibonacci Retracement, on the downs side, the immediate support is 20539. If this level is broken, the next support will be 20220. Between 20539 and 20220, there is a huge gap and that need to be certainly filled...
www.tradingview.com Banknifty has either two of the possibilities mentioned in the chart. If selling pressure continues , the first stoppage will be 46900 and then 46500. If reverting from here, the immediate level will be 48000 and 48200.
www.tradingview.com BANKNIFTY: After reaching all time high, Banknifty is getting continuous rejection at 48000 level. While looking at RSI, it is showing double divergence. It suggest for retail traders and even big players, dont be too bullish. Be very careful with hedge position or StopLoss. If you are not started thinking towards pullback / correction, I...
www.tradingview.com Banknifty has left the gaps opened below which is dangerous for retails especially new traders / investors. All these gaps has to be filled. To fill the gaps, BankNifty has to fall atleast the level of 42300 which almost 5500 points below. It is suggested not to be bullish here in terms of investments because BankNifty is at all time high...
www.tradingview.com As analyzed just 1 day before, it gave almost 4.5% in a day.