If Giant IT company HCL tech come to retest its strong support near 1600 it would be best buying opportunity, I don't know it will come or not but the trade initiation 1600-1653 between 20 and 50 moving averages could become good opportunity to go long for short to medium term. Buying Below -1653 Stop loss -1605 First target -1741 Second Target -1818 Risk Reward -1:3
today on 13 June nifty again support on 23500 which is talking by us very important support level, look at here ultra-high volume appear on 9.15 candle, and we are seeing bounce back from here. it could become a good opportunity buy on dips but if really smart money pending order near 23500 so why this bounce back come with falling volume, I cleared on chart it...
What is Breakaway GAP? A breakaway gap refers to the situation in the market where there is a strong price movement that crosses support or resistance. Breakaway gaps are formed after substantial periods of consolidation of prices in the market. It signifies a break from the previous trading range or pattern, and it suggests that a new trend or direction is...
Today Bank nifty made lifetime High 56161 but failed to give conviction Breakout, No Doubt Price action is very good also Support near 20 EMA on hourly or Daily chart with making a bullish ascending tringle Pattern But any pattern to validate need a strong moment through breakout/Breakdown we noticed buyer trapped in morning to see bank nifty touching lifetime...
Why are we expecting Short Term Correction near 24200-24300 why? 30 August 2024 volume 638.13 million 25 November 2024 volume 687.13 million 28 May 2025 Volume 684.74 million No.1 In near term past whenever a red or Doji candle forming on daily chart volume traded above 680 million, we had seen around 2 -3 % fall. No.2 strong 50 EMA support No.3 Nifty want to...
Why are we expecting Short Term Correction near 24200-24300 why? 30 August 2024 volume 638.13 million 25 November 2024 volume 687.13 million 28 May 2025 Volume 684.74 million No.1 In near term past whenever a red or Doji candle forming on daily chart volume traded above 680 million, we had seen around 2 -3 % fall. No.2 strong 50 EMA...
Today 21/05/2025 around 11 O clock Nifty Tested 24950 the push was not above average volume driven that's why market was going to pullback although something absence of sellers comparatively had seen on 13 may u can see on chart but still it required to break 24950 level with good volume for being upward journey, until we expect market may range between...
today 5/16/2025 market Open above 2500 and see sharp falling with More Then 7 times average volume come in just 5 Minutes clearly sign of profit Booking or smart Money Offload their position we expect to come at 24800 in just few days.
Today 15/05/2025 Nifty completed it trend reversal triple bottom and gave breakout 24800 level with volume today if it sustain & close above 24800 then no doubt it will continues to upward journey if not and come below then it will again come to Range between 24500-24800, in fact, if breakout is real so it must be respect this new support area 24700-24800 you can...
Today 8may 2025 Nifty traded in just tiny range even on expiry Day. so, what will be next Move? it is ready for bearish momentum ? First reason: I have noticed multiple weakness through Wick which is representing by arow on chart. Second reason: whenever market traded in narrow range (around 8-10 hourly candle) in past few days it gave breakdown represented...
This analysis is based on FXI ETF the iShares China Large-Cap ETF, which is trades on US stock exchange represents large-capitalization Chinese equities that trade on the Hong Kong ... largest fall in Chinese market over 60 %, you can see volume-based buying near monthly support area which were represented through circle. I noticed volume following month: March...
Nifty bottom out 22000, We enjoyed almost 2500 rally, in spite of this, INDIA VIX the indicator of Fear & volatility didn't fall below 15 level and made double bottom . It support here two times on 16 April & 22 April And raised 15% till now currently traded above 18.50 level. Does it make sense that market shoot up and india vix Rising ? It has become solved...
yesterday 27 April I mentioned that nifty must have to break & sustained 23350 level it happened today but long upper wick on hourly time with high volume been noticed showing selling pressure in market of course market bullish momentum still intact it respected the near 23800 level trading above 20 EMA but we need to wait more multiple testing for confirmation to...
today 28 April market showing strengths after little correction on Friday, yeah ofc market mode is still bullish but see BULLISH LEG 1 mention on chart below avg. traded volume not supporting price same Today BULLISH LEG 2 also have below avg. volume noticed, same you can noticed on 23 April when market was going up below avg. volume before falling , so if nifty...
Today (11/03/2025) market gap down recovery showing Nifty past rally is still sustainable. because bearish volume has not been seen above average. this correction would be fruitful if market want to give next upward rally. Maybe upward momentum will begin either after buyer SL hunting or something consolidation. 1st target -22900 2nd Target-23100
Today on 21/03/2025 with upward rally, on hourly chart I found similarity or smart money footprint (sign of weakness) at the time of closing bell same as (sign of strength) on 28 February 2025. what was that? Let's try to Dig.... previous days when market was forming lower low, that was downtrend look at the time on 28 February 2025 that was 14.15 pm on hourly...
a lot of analysts saying Dollar is going to week vs rupees but seeing technical chart, dollar is traded above 50 EMA and never come to touch since October. currently Dollar completed Symmetrical Pattern showing any upcoming momentum may happen, either bullish or bearish is just could say after seeing breakout/breakdown this pattern. To gain strength in Rupee it is...
After making Double bottom pattern, Banknifty retested it successfully, it seems to be short term bullish after giving rejection and follow-up bullish candle today on daily chart. a good risk reward ratio 1:2 go long. Technal key Factor: RSI above 50 Near 100 Weekly Ema : : Entry above -49700 Target 1st -50611 Target 2nd -51666 Exit/SL - 48500