IRCON -Retest done- Ready to Rally 🚂🚋🚃🚋🚃🚋🚃IRCON
-CMP 192.85
-Huge Volume buildup near breakout zone
-Retest also done after the Ascending Triangle #Breakout
-Ascending MonthlyCPR
-Price is above all major SMAs
-Suppt 170
LongPivot Points
Long
JWL - Triangle breakout 🚀My view on Jupiter Wagons Ltd
-CMP 342.8
-Triangle breakout in DTF & WTF
-Huge volume buildup near breakout zone
-Narrow MonthlyCPR
-Target 370|410|More
-Support 332-323 level
-Price rises from the convergence of 20& 50SMAs
#BREAKOUTSTOCKS #jwl #nifty
#nse #SEBI #bse #Multibagger
Long
SULA BO [Daily]SULA looking really strong with BO right now, huge volumes, Sector is also heated up with UBL, United Spirits looking good.
Add to the list and keep checking if the overall Market corrects and gives a good entry point.
NATIONALUM Overextended [DAILY]NATIONALUM gave BO last week but looks extended for now, might wait for this to setup for an entry, huge volumes have moved this too fast it feels. May be wrong here, market last couple of weeks has been crazy.
Lets see how this one goes.
DOLLAR BO [DAILY]DOLLAR giving a BO on daily timeframe, Just look at the volumes these last 10 days, clear indication of something going on here. Market conditions not the best for me to enter here but a good candidate to keep in watchlist to buy at the BO support level if interested.
Other names in this same theme which are interesting are PAGEIND. RUPA and LUXIND are not so good for now.
Will update further in comments if this gives a follow through post some consolidation.
NIFTY FOR 04 JAN#Execution only after break and close above or below from resistance or support 15-minute candle.
#Stop Loss above or below from resistance or support 15-minute candle.
(S/R Levels Will be Flipped in The Situation of Gap up OR Gap down Open, Support Will Turn in Resistance and Resistance Will Turn in Support)
(This Analysis and idea is based only on support and resistance mechanism, Buy after resistance break and close above sell after support break and close below, Closing below resistance after trade will be stop loss likewise closing above support will be a stop loss after trade)
NOTE- Only for Education Purpose. This is not any kind of Trading advice I am giving by this analysis.
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BANKNIFTY FOR 04 JAN#Execution only after break and close above or below from resistance or support 15-minute candle.
#Stop Loss above or below from resistance or support 15-minute candle.
(S/R Levels Will be Flipped in The Situation of Gap up OR Gap down Open, Support Will Turn in Resistance and Resistance Will Turn in Support)
(This Analysis and idea is based only on support and resistance mechanism, Buy after resistance break and close above sell after support break and close below, Closing below resistance after trade will be stop loss likewise closing above support will be a stop loss after trade)
NOTE- Only for Education Purpose. This is not any kind of Trading advice I am giving by this analysis.
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VST INDUSTRIES - RADHAKRISHNA DAMANI COMPANY UP FOR 5000 LEVELS VST INDUSTRIES, the oldest tobacco company earlier held by the NIZAMS of hyderabad.
the stock is trading at 4000. it has risen from monthly support levels of 3400-3500 to 4060 with increased volume of more than 1 lakh.
it has breached the highs and closing of Decemeber 2020 , which is 3 years earlier.
now it should be bought at any declines for 5000 levels , which will only take it to the earlier highs, from there new story will start.
also, it is being held by the ace investor mr. RadhaKrishna Damani of DMART
thanks .
Long
IRCON is about to fly ✈️IRCON is about fly
-CMP - 187
-Ascending Triangle breakout
-VCP pattern
- Monthly narrow CPR
-Volume Spike
-Monthly Resistance broken
- good fundamental stock
- Strong Support 170
- Target 220| 260|300|More
#IRCON #NIFTY #GOLD #Crypto #Bullish #bitcoin #Crude
Long
DEVYANI INTL - READY FOR 270 LEVELSDEVYANI INTL
company which houses brands such as KFC and PIZZA HUT is trading at 190 odd levels which is good pivot area for executing buying orders for targets of 225 which is earlier high and then towards 270.
at 190 levels, huge buying orders are seen in terms of increase in volume on the buy side.
it may anytime move towars 220 levels.
thanks
Long
NIFTY FOR 02 JAN#Execution only after break and close above or below from resistance or support 15-minute candle.
#Stop Loss above or below from resistance or support 15-minute candle.
(S/R Levels Will be Flipped in The Situation of Gap up OR Gap down Open, Support Will Turn in Resistance and Resistance Will Turn in Support)
(This Analysis and idea is based only on support and resistance mechanism, Buy after resistance break and close above sell after support break and close below, Closing below resistance after trade will be stop loss likewise closing above support will be a stop loss after trade)
NOTE- Only for Education Purpose. This is not any kind of Trading advice I am giving by this analysis.
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BANKNIFTY FOR 02 JAN#Execution only after break and close above or below from resistance or support 15-minute candle.
#Stop Loss above or below from resistance or support 15-minute candle.
(S/R Levels Will be Flipped in The Situation of Gap up OR Gap down Open, Support Will Turn in Resistance and Resistance Will Turn in Support)
(This Analysis and idea is based only on support and resistance mechanism, Buy after resistance break and close above sell after support break and close below, Closing below resistance after trade will be stop loss likewise closing above support will be a stop loss after trade)
NOTE- Only for Education Purpose. This is not any kind of Trading advice I am giving by this analysis.
Please Give A Like If You Like
BANKNIFTY FOR 29 DEC#Execution only after break and close above or below from resistance or support 15-minute candle.
#Stop Loss above or below from resistance or support 15-minute candle.
(S/R Levels Will be Flipped in The Situation of Gap up OR Gap down Open, Support Will Turn in Resistance and Resistance Will Turn in Support)
(This Analysis and idea is based only on support and resistance mechanism, Buy after resistance break and close above sell after support break and close below, Closing below resistance after trade will be stop loss likewise closing above support will be a stop loss after trade)
NOTE- Only for Education Purpose. This is not any kind of Trading advice I am giving by this analysis.
Please Give A Like If You Like
Nifty 50 Support Resitance Levels 01January 2024 1. **Primary Support: 21700**
- This is the initial support level. If the market opens above this level, it suggests potential strength.
2. **Secondary Support: 21600**
- If there's a deeper retracement, monitor how the index reacts around 21600. A bounce from this level could indicate continued support.
**Resistance Levels (01/01/2024):**
1. **Primary Resistance: No Immediate Resistance Based on Chart Analysis (Market opens at 21800)**
- If the market opens above 21800, there may not be immediate resistance based on technical chart analysis. However, it's essential to monitor price action for signs of overextension.
2. **Secondary Resistance: 21750 (In case of Gap Down)**
- If the market opens with a gap down, 21750 can act as a resistance level. Pay attention to how the price reacts around this level for potential trading decisions.
**Trading Strategy (01/01/2024):**
- **Bullish Scenario (Market opens above 21800):**
- Given that there's no immediate resistance based on chart analysis, monitor for sustained trading above 21800.
- Consider potential upside trades if the market demonstrates strength.
- Set appropriate stop-loss levels to manage risk.
- **Bearish Scenario (Market opens at or below 21700):**
- If the market opens at or below 21700, watch for potential support at 21700 and 21600.
- If there's a gap down, pay attention to how the index reacts around 21750. A failure to overcome this level may suggest further weakness.
- Consider potential short trades if support levels are breached convincingly.
Long
STAR BO [Weekly]STAR BO on weekly timeframe with a large base, This BO if sustained should become a new support. Pharma as a theme is doing decent so definitely should be kept in the watchlist.
MOTHERSON @ Crucial LevelThe stock is looking good for up move because of following reasons,
1. Stock above all crucial EMAs in weekly and Daily TF.
2. Huge Volume in Daily TF
3. Challenging the Annual Pivot (101.75)
4. Completed Correction Wave 2-3 in Weekly Time frame and starting Impulse wave 3-4.
Long
DOW approaching 37180 or 37708Based on techinical analysis:Support and resistance combining with Yearly pivots.
After a strong bullish rally from yearly CPR (32806 - 33033), it is able to break and sustain above YH3 35427 (Yearly camariila 3rd layer pivot).
Before the end the year it can see upside:
1. YR1 37180(yearly floor pivot resistance)
2.YH4 37708(yearly Camariila 4th layer pivot)
Long
NIFTY FOR 29 DEC#Execution only after break and close above or below from resistance or support 15-minute candle.
#Stop Loss above or below from resistance or support 15-minute candle.
(S/R Levels Will be Flipped in The Situation of Gap up OR Gap down Open, Support Will Turn in Resistance and Resistance Will Turn in Support)
(This Analysis and idea is based only on support and resistance mechanism, Buy after resistance break and close above sell after support break and close below, Closing below resistance after trade will be stop loss likewise closing above support will be a stop loss after trade)
NOTE- Only for Education Purpose. This is not any kind of Trading advice I am giving by this analysis.
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NIFTY FOR 28 DEC#Execution only after break and close above or below from resistance or support 15-minute candle.
#Stop Loss above or below from resistance or support 15-minute candle.
(S/R Levels Will be Flipped in The Situation of Gap up OR Gap down Open, Support Will Turn in Resistance and Resistance Will Turn in Support)
(This Analysis and idea is based only on support and resistance mechanism, Buy after resistance break and close above sell after support break and close below, Closing below resistance after trade will be stop loss likewise closing above support will be a stop loss after trade)
NOTE- Only for Education Purpose. This is not any kind of Trading advice I am giving by this analysis.
Please Give A Like If You Like
BANKNIFTY FOR 28 DEC#Execution only after break and close above or below from resistance or support 15-minute candle.
#Stop Loss above or below from resistance or support 15-minute candle.
(S/R Levels Will be Flipped in The Situation of Gap up OR Gap down Open, Support Will Turn in Resistance and Resistance Will Turn in Support)
(This Analysis and idea is based only on support and resistance mechanism, Buy after resistance break and close above sell after support break and close below, Closing below resistance after trade will be stop loss likewise closing above support will be a stop loss after trade)
NOTE- Only for Education Purpose. This is not any kind of Trading advice I am giving by this analysis.
Please Give A Like If You Like
NIFTY FIN SERVICE FOR 27 DEC#Execution only after break and close above or below from resistance or support 15-minute candle.
#Stop Loss above or below from resistance or support 15-minute candle.
(S/R Levels Will be Flipped in The Situation of Gap up OR Gap down Open, Support Will Turn in Resistance and Resistance Will Turn in Support)
(This Analysis and idea is based only on support and resistance mechanism, Buy after resistance break and close above sell after support break and close below, Closing below resistance after trade will be stop loss likewise closing above support will be a stop loss after trade)
NOTE- Only for Education Purpose. This is not any kind of Trading advice I am giving by this analysis.
Please Give A Like If You Like
NIFTY FOR 27 DEC#Execution only after break and close above or below from resistance or support 15-minute candle.
#Stop Loss above or below from resistance or support 15-minute candle.
(S/R Levels Will be Flipped in The Situation of Gap up OR Gap down Open, Support Will Turn in Resistance and Resistance Will Turn in Support)
(This Analysis and idea is based only on support and resistance mechanism, Buy after resistance break and close above sell after support break and close below, Closing below resistance after trade will be stop loss likewise closing above support will be a stop loss after trade)
NOTE- Only for Education Purpose. This is not any kind of Trading advice I am giving by this analysis.
Please Give A Like If You Like
BANKNIFTY FOR 27 DEC#Execution only after break and close above or below from resistance or support 15-minute candle.
#Stop Loss above or below from resistance or support 15-minute candle.
(S/R Levels Will be Flipped in The Situation of Gap up OR Gap down Open, Support Will Turn in Resistance and Resistance Will Turn in Support)
(This Analysis and idea is based only on support and resistance mechanism, Buy after resistance break and close above sell after support break and close below, Closing below resistance after trade will be stop loss likewise closing above support will be a stop loss after trade)
NOTE- Only for Education Purpose. This is not any kind of Trading advice I am giving by this analysis.
Please Give A Like If You Like
