jazzpreet
BankNifty is taking resistance of trendline 4th time today, draw trendline on your charts for as an important level. Disclaimer: I am not SEBI registered analyst. My studies are for educational purpose only. Please Consult your financial advisor before trading or investing. I am not responsible for any kinds of your profits and your losses.
Entry, SL and Target marked on the chart also stock is taking support of 50 EMA. Disclaimer: I am not SEBI registered analyst. My studies are for educational purpose only. Please Consult your financial advisor before trading or investing. I am not responsible for any kinds of your profits and your losses.
TATA POWER has breakout long consolidation range and now stock is retracing it can be seen on Fibonacci retracement level currently stock is on level 0.32 it may retrace to level 0.5 or 0.61 also and it can clearly seen on the volume chart that if market is forming red candle then the volume is decreasing so retracement is might be profit booking for short-term...
Bullish Wedge Pattern is formed in BankNifty it can be drawn on 15 mins TF also market is taking support of 50 EMA on multiple timeframes 5M(Golden Crossover 50 EMA is crossing 200 EMA),15M & 1H(Taking Support of 50 EMA) also market is taking support of 0.5 fib level from uptrend low to high. Disclaimer: I am not SEBI registered analyst. My studies are for...