Hello Traders, Hope you're catching the right trends! so today we will discuss Hdfc bank on Daily chart as we can see that price formed a consolidation pattern following it's sharp uptrend in April. After a sustained rally, the share price paused and entered a sideways phase within a narrow 5% range, indicating temporary equilibrium between demand and supply. What...
Hi Traders, Sharing a clean structural setup spotted on the Nifty weekly chart. Hope this helps you in your planning. Feedback and thoughts are always welcome! Nifty Weekly Trade Setup — Targeting 26,300--:: Following a significant correction from the all-time high near the 26000 zone Nifty formed a well defined primary downtrend leg bottoming around 22000....
Hi Traders, I just go through a nice feature of Tradingview and loved it so sharing with all of you. Everything i tried to explain in video, hope you like it. Thanks Regards- Amit
Hi mates, Sharing an idea on Nifty on the basis of current price action hope it will help you for making a decision for this index so as we can see that Nifty fifty is currently trading just below a key resistance zone that previously acted as a strong supply area. The highlighted green region marks a critical decision zone price could either bounce and reclaim...
Namaste Traders! Sharing a simple yet powerful chart setup on HDFC Life clear structure, strong potential. Let me know your thoughts in comment section. HDFC Life-: Breakout Setup with 920–950 Target Ahead HDFC Life is trading inside a rising channel on the monthly chart. After facing resistance near the 740 level multiple times, the price is now testing the...
Introduction-: Trendlines are often the first tool traders learn and ironically, one of the most misused. Drawing a line between two swing points may look convincing, but that doesn’t make it meaningful. A right trendline is not just about connecting dots it’s about capturing the heartbeat of the market. In this post we will learn how to draw high quality...
Hello Traders hope you are fine and doing well. Gold Futures are approaching a breakout above 96100 after strong demand zone defenses. This idea outlines a potential bullish setup awaiting confirmation for a momentum driven move. Gold Futures (MCX) is currently forming a bullish setup with multiple rejections from a strong hourly demand zone and compression below...
Hey fellow traders and chart enthusiasts, Here’s a fresh breakdown of the Nifty IT Index, which is currently at a make or break zone after a significant correction of almost 30%. So we can see the index recently broke a strong demand zone 33400 to 32400 which I marked now as a resistance and this breakdown came with strong bearish momentum which shouldn't be...
Hello TradingView Community and Friends here I am sharing the four of the most powerful candlestick patterns every trader should know especially to the new entrants to technical analysis and that are-: Hammer, Inverted Hammer, Bullish Engulfing, and Bearish Engulfing. These patterns are not just visual shapes they reveal critical shifts in market sentiment and...
Hi friends! Sharing daily chart of Axis bank as we can see price is forming a classic Ascending triangle pattern on provided time farme a bullish setup that often signals accumulation before breakout and the price is pressing against a well established horizontal resistance which has historically acted as a strong support as marked by green arrows. A decisive...
Hello fellow Traders! Hope you're all having a fantastic trading session! Today I bring you an in depth analysis of the Nifty PSE Index, which is at a crucial turning point. With price testing key resistance and the 200 EMA, will we witness a breakout or another rejection? This setup could define the next big move, so stay sharp and trade wisely! Let’s discuss...
Dear TradingView Community and Fellow Traders, Wishing you all a focused and fulfilling trading journey. Each day in the market brings its own rhythm, and recognizing that early can make all the difference. In this piece, I’m sharing a concept that continues to shape my intraday approach, the First Hour Range. It’s a simple yet powerful framework that can offer...
Hello fellow traders! Hope you're all doing well. As we navigate the markets, it's crucial to remember that support and resistance are only temporary momentum and trend strength matter more. This article dives deep into how these levels break and how to position yourself smartly. Stay adaptive, trade with confidence, and let the market guide your decisions....
Hello fellow traders I hope you all are doing well so as we can see the market is not supporting any long position at the moment but the chart of Bajaj Finserv looks very attractive however I am not creating any trading position in it because the company is going to give it's financial figures tomorrow and it can be harmful for my trading position so all of you...
Good morning traders! Bank Nifty is at a critical level, will we see a breakout or another rejection? Let’s dive into the charts and plan ahead! Bank Nifty has been in a downtrend for the past few months but the recent price action is signaling a potential trend reversal, The index has formed a falling wedge a well-known bullish continuation pattern—while also...
Hello friends! let’s dive into an ordinary yet insightful Nifty chart and explore the future possibilities together. Stay tuned for an easy-to-understand analysis!. The Indian stock market has witnessed a strong bearish move as the Nifty 50 index decisively broke a critical support level. The price action suggests a continuation of the downtrend, raising concerns...
🌟 Greetings to the Trading Community! Hello, fellow traders! I’m excited to share this analysis with you, focusing on Bullish Divergence using a recent Nifty 50 chart. This simple yet powerful pattern can provide early signals of potential trend reversals, helping traders make informed decisions. I hope this article adds value to your trading journey. Feel free to...
Hello friends best wishes to all of you from my side, as you all know that current government is going to present it's Union Budget in two days and as we have seen on the day of the budget or a day or two before it the major indices of the market make very uncertain movements. Therefore I have made a chart of Bank nifty which is very easy to understand. So on the...