trade_6699

trade_6699

Bank Nifty has touched its strong daily demand area which coincides with weekly demand area as well. This demand area has given a 2700 points run in the recent days. So expecting a good bounce back towards 44500 and 45,000 HDFC has touched its demand area. 1768 Axis has also touched good support area - 929 Kotakbank almost touched its gap based demand area...

trade_6699

Morgan Stanley - Weekly time frame Analysis Its traveling in a wedge pattern, once the TG1 is reached, there will be a small pull back, once it is broken, then it will travel towards TG2. Note: This is only for educational purpose.

trade_6699

Nasdaq - Might come down to touch the demand area It has a strong Weekly RBR demand zone, it will come down to touch the demand zone.

trade_6699

HDFC is nearing demand zone. Good buy on the Banknifty and HDFC for short term once it touched the demand zone. Note: This is for educational purpose.

trade_6699

Nifty 50: Bank Nifty : Nifty IT: HDFC: TCS: INFY Kotak: This is the comparison of the major stocks, Nifty IT and Bank Nifty and current levels of major contributors. Dec 1 2022, Nifty's was majorly from Nifty IT and from Bank Nifty. Nifty IT was at Life time/ 52 week High and NIFTY Bank was also at almost 52 week high. Current...

trade_6699 Updated 

Since hdfc closed above the previous high And also retested above the previous high Possibility for filling the gap is very high And OI data indicates strong resistance at only 2800 Till 2800, there will be a strong rally. Fib 0.6 coincides with the IO data Closed above Fib 0.3 and retested

trade_6699

HDFC - Inverted Flag Breakout It can break on either sides. Both the sides, there will be a sharp rally

trade_6699 Updated 

Nifty has formed double top. We need to wait for the breakout. Once it crosses 17650, breakdown is confirmed, Target will be 17300. Note: This is for educational purpose.

trade_6699 Updated 

About to break out from the consolidation trend. Wait for the below confirmation 1. MA Cross 2. Super trend becomes green

trade_6699 Updated 

Trend breakdown with MACD cross over Note: This is for educational purpose.

trade_6699 Updated 

HDFC - Ascending Triange Ready to breakdown or Breakout, we need to wait and watch for the sides, hdfc is taking.

trade_6699 Updated 

When it reaches 166, there will be a MACD cross over, which can be used for confirmation. Note: This is for educational purpose.

trade_6699 Updated 

Wells Fargo has broken down the long term trend line and also retested the same. It can be shorted on rise below the trend line for a short term profit. Note: This is for educational purpose.

trade_6699 Updated 

NDQ has formed double bottom at 13,000 range, tGT 1 is 13150 With Central bank being neutral, NDQ will break the supply zone and will fly soon.

trade_6699

Reasons to go long: Cup and handle breakout Daily supply zone is broken and retested. No major resistance in the up side Will jump very quickly to the target Also Nasdaq has absorbed its major supply zone in daily time frame

trade_6699

Reasons for the cup and handle to breakout: Infy - Cup and Handle - waiting for breakout Retest done at RBR candle in daily Huge possibility for gap filling Nasdaq has tested the current supply zone multiple times and ready for breakout TCS is in the clear up trend. Some short covering positions is holding the infy to breakout. Huge OI is formed at 1300...

trade_6699

Infosys - ADR - Good breeak out 1:5 RR. Cup and handle formation Quality supply area is created

trade_6699

Since there is a good closing above the bollinger band in the weekly and daily as well and the above supply area is tested already. There is a good change for the break out.