SWING IDEA - FORTIS HEALTHCAREFortis Healthcare , a leading Indian healthcare provider, presents a compelling opportunity for swing trading.
Reasons are listed below :
Breakout from Key Resistance Zone : The 450 level has acted as a strong resistance, being tested multiple times. The price is now breaking out of this zone, indicating strong upward momentum.
Bullish Engulfing Candle on Daily Timeframe : The recent daily candle engulfed the previous 7 daily candles, signaling a significant shift toward bullish sentiment and indicating potential for further upward movement.
Breaking 4-Month Consolidation Phase : The stock has broken out of a consolidation phase that lasted over 4 months, suggesting a new bullish trend might be forming.
Bounce from Golden Fibonacci Zone : The price retraced to the 0.618 Fibonacci retracement level and bounced back, indicating strong support and reinforcing the potential for a continued bullish trend.
Trading Above 50 and 200 EMA on Daily Timeframe : Fortis Healthcare is trading above both the 50-day and 200-day exponential moving averages, a strong indicator of a sustained uptrend.
Trading at All-Time High : The stock is currently at its all-time high, suggesting strong market interest and potential for further growth. However, caution is advised as all-time highs can also attract profit-taking or indicate overbought conditions.
Target - 500 // 525
Stoploss - daily close below 420
DISCLAIMER -
Decisions to buy, sell, hold or trade in securities, commodities and other investments involve risk and are best made based on the advice of qualified financial professionals. Any trading in securities or other investments involves a risk of substantial losses. The practice of "Day Trading" involves particularly high risks and can cause you to lose substantial sums of money. Before undertaking any trading program, you should consult a qualified financial professional. Please consider carefully whether such trading is suitable for you in light of your financial condition and ability to bear financial risks. Under no circumstances shall we be liable for any loss or damage you or anyone else incurs as a result of any trading or investment activity that you or anyone else engages in based on any information or material you receive through TradingView or our services.
@visionary.growth.insights
Nse
NIFTY INTRADAY LEVELS FOR 29TH JULY 2024BUY ABOVE - 24860
SL - 24780
TARGETS - 24930,25000,25080
SELL BELOW - 24780
SL - 24930
TARGETS - 24930,25000,25080
NO TRADE ZONE - 24780 to 24860
Previous Day High - 24860
Previous Day Low - 24440
Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day.
Trendlines are also significant to price action. If the price is above/below the trendlines, can expect an UP/DOWN with aggressive move.
Please NOTE: this levels are for intraday trading only.
Disclaimer - All information on this page is for educational purposes only,
we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
Request your support and engagement by liking and commenting & follow to provide encouragement
HAPPY TRADING 👍
Nifty On Upside On Daily ChartThis is the daily timeframe chart of Nifty where Nifty50, and Indian index stayed in consolidation for almost and month, and now, after the breakout, it is ready to balloon as the recent candle (at the time of publishing this idea has formed a full strong green candle which indicates a positive momentum in the index.
However, any rally without corrections seems to be unhealthy as the market might not digest the rally and calm down such movement.
NIFTY INTRADAY LEVELS FOR 26TH JULY 2024BUY ABOVE - 24440
SL - 24360
TARGETS - 24530,24530,24590
SELL BELOW - 24360
SL - 24440
TARGETS - 24310,24230,24160
NO TRADE ZONE - 24360 to 24440
Previous Day High - 24440
Previous Day Low - 24230
Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day.
Trendlines are also significant to price action. If the price is above/below the trendlines, can expect an UP/DOWN with aggressive move.
Please NOTE: this levels are for intraday trading only.
Disclaimer - All information on this page is for educational purposes only,
we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
Request your support and engagement by liking and commenting & follow to provide encouragement
HAPPY TRADING 👍
SWING IDEA - ONGCOil and Natural Gas Corporation (ONGC), India's largest oil and gas exploration and production company, is showing technical signals that suggest a promising swing trading opportunity.
Reasons are listed below :
285 Resistance Level: The 285 level has been a significant resistance zone and has been tested multiple times. The price is now attempting to break through this level, indicating strong bullish momentum.
Bullish Marubozu Candle on Daily Timeframe : The recent formation of a bullish marubozu candle on the daily chart indicates strong buying pressure and suggests potential for further upward movement.
Breaking 5+ Months Consolidation with Volumes : The stock is breaking out of a consolidation phase that lasted over 5 months, supported by increased trading volumes, signaling a potential new bullish trend.
Trading Above 50 and 200 EMA : The stock is trading above both the 50-day and 200-day exponential moving averages (EMA), reinforcing the bullish sentiment and providing strong support levels.
Target - 335
Stoploss - Daily close below 260
DISCLAIMER -
Decisions to buy, sell, hold or trade in securities, commodities and other investments involve risk and are best made based on the advice of qualified financial professionals. Any trading in securities or other investments involves a risk of substantial losses. The practice of "Day Trading" involves particularly high risks and can cause you to lose substantial sums of money. Before undertaking any trading program, you should consult a qualified financial professional. Please consider carefully whether such trading is suitable for you in light of your financial condition and ability to bear financial risks. Under no circumstances shall we be liable for any loss or damage you or anyone else incurs as a result of any trading or investment activity that you or anyone else engages in based on any information or material you receive through TradingView or our services.
@visionary.growth.insights
BANK NIFTY INTRADAY ANALYSIS FOR 26TH JULY 2024BUY ABOVE - 51120
SL - 50940
TARGETS - 51500,51750,52000
SELL BELOW - 50780
SL - 50940
TARGETS - 50550,50400,50250
NO TRADE ZONE - 50780 to 51120
Previous Day High - 50940
Previous Day Low - 50550
Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day.
Trendlines are also significant to price action. If the price is above/below the trendlines, can expect an UP/DOWN with aggressive move.
Please NOTE: this levels are for intraday trading only.
Disclaimer - All information on this page is for educational purposes only,
we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
Request your support and engagement by liking and commenting & follow to provide encouragement
HAPPY TRADING 👍
BANK NIFTY INTRADAY LEVELS 25 JULY 2024BUY ABOVE - 51500
SL - 51120
TARGETS - 51750,52000,52200
SELL BELOW - 51120
SL - 51500
TARGETS - 50780,50550,50400
NO TRADE ZONE - 51120 to 51500
Previous Day High - 52200
Previous Day Low - 50780
Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day.
Trendlines are also significant to price action. If the price is above/below the trendlines, can expect an UP/DOWN with aggressive move.
Please NOTE: this levels are for intraday trading only.
Disclaimer - All information on this page is for educational purposes only,
we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
Request your support and engagement by liking and commenting & follow to provide encouragement
HAPPY TRADING 👍
NIFTY INTRADAY LEVELS FOR 25 JULY 2024BUY ABOVE - 24480
SL - 24440
TARGETS - 24530,24590,24660
SELL BELOW - 24400
SL - 24440
TARGETS - 24310,24230,24160
NO TRADE ZONE - 24400 to 24480
Previous Day High - 24480
Previous Day Low - 24310
Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day.
Trendlines are also significant to price action. If the price is above/below the trendlines, can expect an UP/DOWN with aggressive move.
Please NOTE: this levels are for intraday trading only.
Disclaimer - All information on this page is for educational purposes only,
we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
Request your support and engagement by liking and commenting & follow to provide encouragement
HAPPY TRADING 👍
SWING IDEA - CYIENT Cyient , a global engineering and technology solutions company, is displaying technical indicators that suggest a potential swing trading opportunity.
Reasons are listed below :
1700 Support Zone : The 1700 level has been established as a strong support zone, providing a solid base for potential upward movement.
Double Bottom Pattern : The formation of a double bottom pattern indicates a potential reversal from the downtrend, signaling a bullish outlook.
Bullish Hammer Candle on Weekly Timeframe : The presence of a bullish hammer candle on the weekly chart suggests a reversal in sentiment from bearish to bullish, indicating strong buying pressure.
Engulfed 6 Weekly Candles : A recent bullish candle has engulfed the previous 6 weekly candles, demonstrating significant buying interest and a potential shift in trend.
0.382 Fibonacci Support : The stock is finding support at the 0.382 Fibonacci retracement level, a key area where prices often bounce back, indicating potential for an upward move.
50 EMA Support : The stock is supported by the 50-week exponential moving average (EMA), reinforcing the bullish sentiment and providing a strong support level.
Target - 2190 // 2460
Stoploss - weekly close below 1660
Disclaimer :
Decisions to buy, sell, hold or trade in securities, commodities and other investments involve risk and are best made based on the advice of qualified financial professionals. Any trading in securities or other investments involves a risk of substantial losses. The practice of "Day Trading" involves particularly high risks and can cause you to lose substantial sums of money. Before undertaking any trading program, you should consult a qualified financial professional. Please consider carefully whether such trading is suitable for you in light of your financial condition and ability to bear financial risks. Under no circumstances shall we be liable for any loss or damage you or anyone else incurs as a result of any trading or investment activity that you or anyone else engages in based on any information or material you receive through TradingView or our services.
@visionary.growth.insights
BANK NIFTY INTRADAY LEVELS FOR 24/07/2024BUY ABOVE - 52400
SL - 52200
TARGETS - 52620,52800,53000
SELL BELOW - 51700
SL - 52000
TARGETS - 51370,51120,50950
NO TRADE ZONE - 51700 to 52000
Previous Day High - 52320
Previous Day Low - 52370
Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day.
Trendlines are also significant to price action. If the price is above/below the trendlines, can expect an UP/DOWN with aggressive move.
Please NOTE: this levels are for intraday trading only.
Disclaimer - All information on this page is for educational purposes only,
we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
Request your support and engagement by liking and commenting & follow to provide encouragement
HAPPY TRADING 👍
NIFTY INTRADAY LEVELS FOR 24/07/2024BUY ABOVE - 24530
SL - 24480
TARGETS - 24590,24660,24730
SELL BELOW - 24440
SL - 24480
TARGETS - 24400,24350,24230
NO TRADE ZONE - 24440 to 24530
Previous Day High - 24590
Previous Day Low - 24070
Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day.
Trendlines are also significant to price action. If the price is above/below the trendlines, can expect an UP/DOWN with aggressive move.
Please NOTE: this levels are for intraday trading only.
Disclaimer - All information on this page is for educational purposes only,
we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
Request your support and engagement by liking and commenting & follow to provide encouragement
HAPPY TRADING 👍
BANK NIFTY BUDGET DAY ANALYSIS 23/07/2024BUY ABOVE - 52400
SL - 52200
TARGETS - 52620,52800,53000
SELL BELOW - 52200
SL - 52400
TARGETS - 52000,51740,51510
NO TRADE ZONE - 52200 to 52400
Previous Day High - 52400
Previous Day Low - 52000
Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day.
Trendlines are also significant to price action. If the price is above/below the trendlines, can expect an UP/DOWN with aggressive move.
Please NOTE: this levels are for intraday trading only.
Disclaimer - All information on this page is for educational purposes only,
we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
Request your support and engagement by liking and commenting & follow to provide encouragement
HAPPY TRADING 👍
NIFTY BUDGET DAY ANALYSIS 23/07/2024BUY ABOVE - 24530
SL - 24480
TARGETS - 24590,24660,24730
SELL BELOW - 24480
SL - 24530
TARGETS - 24440,24400,24350
NO TRADE ZONE - 24480 to 24530
Previous Day High - 24590
Previous Day Low - 24350
Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day.
Trendlines are also significant to price action. If the price is above/below the trendlines, can expect an UP/DOWN with aggressive move.
Please NOTE: this levels are for intraday trading only.
Disclaimer - All information on this page is for educational purposes only,
we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
Request your support and engagement by liking and commenting & follow to provide encouragement
HAPPY TRADING 👍
BANK NIFTY INTRADAY LEVELS FOR 22/07/2024BUY ABOVE - 52480
SL - 52360
TARGETS - 52620,52800,53000
SELL BELOW - 52200
SL - 52360
TARGETS - 52000,51740,51510
NO TRADE ZONE - 52200 to 52480
Previous Day High - 52620
Previous Day Low - 52200
Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day.
Trendlines are also significant to price action. If the price is above/below the trendlines, can expect an UP/DOWN with aggressive move.
Please NOTE: this levels are for intraday trading only.
Disclaimer - All information on this page is for educational purposes only,
we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
Request your support and engagement by liking and commenting & follow to provide encouragement
HAPPY TRADING 👍