TheMamboMomentum

TheMamboMomentum

Bank nifty and nifty gave a nice move and foemed a bullish engulfing candle. The moving averages (20 and 200ema) are close enough. The smaller time frame bearish trend seems to be over and market can carry the moment further. On 15 minute analysis, the market has pushed above its 20 ema and has closed around 36800. Support :- 36475, 36300 Resistance :- 36900,...

TheMamboMomentum

Nifty has given a nice move and has given a bullish engulfing candle. It has given a nice bullish candle and closed above its 20 DMA. In the last trading hour market gave a bullish move and smaller time frame bearish trend seems to be over. Support :- 16570, 16325 Resistance :- 16680, 16825 Market has been given a nice movement and can remain in green. Wait...

TheMamboMomentum

Bank nifty opened gap down and in the last trading hour it shot up breaking, sustaining and closing above the 20 DMA. Thou, on horly time frame it has closed between the 2 moving averages. On 15 minute analysis, it has taken resisitance from its 200 ema in final minutes of session. Support :- 35000, 35800 Resistance :- 35200, 35300 Markets can remain...

TheMamboMomentum

Nifty was in a good up move in the secomd half of the day ans closed above 16400. It almost touched 16500 levels and closed near by. It has given a nice bullish daily candle and above its 20 DMA. On 15 minute analysis, it took a nice support from its 20 ema and closed bear its Resisitance level of 16480. Support :- 16370, 16320 Resistance :- 16480,...

TheMamboMomentum

Bank nifty opened gap up but couldn't hold the level of 36000. Bank nifty was weak as conpare to nifty and closed below its 200 DMA. On 15 minute analysis, it closed below 20 ema. Support :- 35800, 35660, 35400 Resistance :- 36000, 36230 Nifty and banknifty both traded in opposite directions. Wait and watch the price action near the levels before trading the market.

TheMamboMomentum

Nifty has created a gap and in second half consolidated above 16600. Market were strong and remained in green the whole day. On 15 minute analysis, it has respected the support of 20 ema. Support :- 16600, 16480 Resistance :- 16700, 16800 Market has been given a nice movement initially even after the gap up. Wait and watch the price action near the levels...

TheMamboMomentum

Banknifty on a daily time frame has taken support from its zone and has formed a doji. There is a bearish moving average divergence on daily time frame. The markets have fallen and may consolidate. Support :- 34400, 34100 Resistance :- 34720, 35000 The markets has crossed its 20 ema on 15 minute time frame. Wait for the price action near the levels before...

TheMamboMomentum

Nifty has created a gap an has traded in a range. It took resisitance from its 20ema on 15 minutes time frame. Support :- 16200, 15800 Resistance :- 16480, 16620 Market has been trading in a range and has consolidated on previous trading day. Wait and watch the price action near the levels befote trading the market.

TheMamboMomentum

Nifty has created a gap an has traded in a range. It took support from its 20ema on daily time frame and 200 ema on 30 minutes time frame. Support :- 17520, 17425, 17325 Resistance :- 17590, 17670 If the level of 17670 breaks the market will cross ita Resisitance level and 200 ema on smaller time frame. Wait and watch the price action near the levels. Just...

TheMamboMomentum

Bank nifty trading in a big range and closed almost flat forming a shooting star candle in daily time frame. On 15 minutes time frame, it closed below its 20 ema. Support :- 37374, 37000 Resistance :- 37800, 38000, 38200 Wait for the price action near the levels before entering the trade.

TheMamboMomentum

Nifty has consolidated today as expected. Nifty can be trending tomorrow either side. Market seems bearish on short time frame and can go down. It has closed below 20ema on a 15 minutes time frame. Support :- 17800, 17700 Resistance :- 17910, 18000, 18100 Wait for the price action near the levels.

TheMamboMomentum

Acc has closed just near its crucial resistances. If the stock crosses 2160 it will cross its 200ema, resistance zone and and will change the trend from bearish to bullish. On daily chart, it seems bullish and can touch 2200. Wait for the price to cross 2160 and sustain. This trade can become a swing trade if closes above 2160.

TheMamboMomentum

Nifty has given a nice closing above 18000 levels. After a initial buying it retraced its fib level of 0.368 and 20 ema on a 15 minute time frame. If market cross and closes above 18140 Resisitance level it can run further. Support :- 17900, 17800 Resistance :- 18135-40, 18320. Today high can be treated as a resistance. Watch for a double top or breakout...

TheMamboMomentum

Page industry has been traing in a zone since end of January. If the stock closed above the recangular box, can go upto the resistance level of 44850 and can test new ATH. The stock has been bullish on a weekly time frame too. One can wait for the weekly closing or for a daily candle to close above the box.

TheMamboMomentum

Market was volatile today and during the second half gave a up move and consolidated near the resistance zone. Nify has closed below the 50% of fib levels and Resisitance zone. Market looks bullish for tomorrow but has remained volatile in 17200-500 range. Support :- 17190, 17100 Resistance :-17225-30, 17320 Wait for the candlestick pattern to form near the...

TheMamboMomentum

Bank nifty has given a big up and down movement today. On 4 hour time frame, market has closed above the 20 ema. India vix was down today and market are green after a sudden downfall in the morning. There is a bullish momentum in the market. Resistance :- 35800, 35930-40, 36130 Support :- 35630, 35450-35500. Wait for the candlestick pattern to form near...

TheMamboMomentum

Ethereum has been consolidating in a ascending parallel channel in a 4-hr time frame. There is a negative rsi divergence there. We may short Ethereum once the parallel channel breakdown. Support/target levels or there on the chart. Can wait for a entry, Once it retest the parallel channel support we can enter the trade and hold it till our target price.

TheMamboMomentum

On a hourly time frame, bicoin is showing a divergence in RSI. The coin has been respecting a trend line and the RSI has been falling. If there is a breakdown in a structure the coin can take support at 41980 and 37700. The trade setup is good and targets are achievable. Wait for the candlestick chart pattern to form near the trendline support.