Nifty is trading within the box 26150-26300, entries can be taken around these levels for good RR.
Above 26300, upper trendline and 26450 (26300 + box points which is 150)
Below 26150, 26030-60.
Above is based on confirmation.
#Nifty50 #stockmarketsindia
#zentechnologies gave around 20% up move in the last 2 weeks :) #swingtrading #BreakoutStocks #StockMarketIndia
#zentechnologies gave around 10% up move from the recent post :) #BreakoutStocks #breakoutstock #StocksInFocus #StocksToBuy #StocksToWatch #GIFTNIFTY #SwingTrading #StockMarkets #StockMarketUpdate
#zentechnologies gave around 10% up move from the recent post :) #BreakoutStocks #breakoutstock #StocksInFocus #StocksToBuy #StocksToWatch #GIFTNIFTY #SwingTrading #StockMarkets #StockMarketUpdate
#zentechnologies has given a rectangle breakout yesterday. Good to enter near retest. If not retested, then better to enter based on Pole & flag or pennant pattern where it consolidates and breaks out. #BreakoutStocks #StocksInFocus #StocksToBuy #StocksToWatch #SwingTrading
Breakout Candidates:
ICICI Bank & Infy - Highest weekly closing.
Also Banking & IT sector chart has been strong in recent days. #BreakoutStocks #breakoutstock #StocksInFocus #StocksToBuy #StocksToWatch #GIFTNIFTY #SwingTrading #StockMarkets #StockMarketUpdate
#zentechnologies has given a rectangle breakout yesterday. Good to enter near retest. If not retested, then better to enter based on Pole & flag or pennant pattern where it consolidates and breaks out. #BreakoutStocks #StocksInFocus #StocksToBuy #StocksToWatch #SwingTrading
#NMDC is again back near the resistance zone. Keep an eye on this stock. #BreakoutStocks #breakoutstock #StocksInFocus #StocksToBuy #StocksToWatch #nifty50 #SwingTrading #StockMarkets #StockMarketUpdate
#NMDC has been trading in this Rectangle since last 4 months and has approached Resistance area. It will be good if it consolidates for couple of days and breaks this zone. Keep an eye on this stock. #SwingTrading #BreakoutStock #StocksToWatch #StockMarket
I feel that #nifty has made temporary bottom recently around 23250 levels. Mostly I am expecting market not to breach this level soon. FYI, since last 1.5 months Nifty was trading below 20EMA, now it is trading above 20EMA. #stockmarketcrash #StockMarketIndia
#banknifty was trading in the rectangle for quite some time, finally it broke the range. For traders, it is a sell on Rise in Bank Nifty till 51000 levels. Sideways between 51000 to 52500 levels. Bullish only above 52500 closing basis. Important support around 49700. #StockMarket
#nifty50 has tested the 200-day EMA today. It broke the 2 main swing lows (24700,23800) on the daily chart. For traders, it is a sell on Rise in Nifty based on MA's, Fibonacci, and Resistance. Bullish trades can only be considered if it sustains above 24500. #StockMarket #trading
#Nifty50 has been trading above the falling trendline and stuck in a wide range of 700 points (23800-24500) with high volatility. Bulls will be back once market closes above 24500, till then Strangles would work as per your adjustments. #StockMarket #Trading #Index
Nifty broke the trendline recently and almost retested the trendline today. #Nifty
#NMDC has been trading in this Rectangle since last 4 months and has approached Resistance area. It will be good if it consolidates for couple of days and breaks this zone. Keep an eye on this stock. #SwingTrading #BreakoutStock #StocksToWatch #StockMarket
Outlook for 08Nov24:
#banknifty has formed Bearish Pennant in 15min chart. Breakout of 52000 or 51750 levels can lead do decent movement. Key Resistance is 52500-600, and Key Support is around 51000. #Trading
Exide is trading near important Support. Tested 4 times and bounced back recently from there. #Swingtrading
Nifty broke the trendline recently and almost retested the trendline today. #Nifty















