What should be your investing PLAN in this stock...???
Detailed study will share.
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Updated review on #Nifty Spot (positional view)
Closed @ 23995
Made a LOW of 23816
But close above 23900
- Positive divergence on lower time frame.
- Today, the latest swing low also reached.
- Now, keep eyes on 23800 (today's rejection candle low)
- Sharp pullback we can expect after change in trend on lower time frame like 15MIN or 75MIN.
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1500 >>>> 1990+
After retest of BREAKOUT/SUPPORT zone, RISE More than 33%.
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#Nifty Spot Daily Chart
- Change in TREND to DOWN (on daily time frame).
- Short term TREND changed.
- Downside levels open 24000 & 23400.
- Upside resistance levels 25200.
- Above view is for 2-3 months.
As of now (for 1-2 weeks), expecting pullback till 25200 (+/-100).
- Expecting to trade between a range 24500-25300 (+/-1%) till DIWALI.
- Never trade without hedging in FnO Segment.
DISCLAIMER: It's not a buy/sell recommendation. Posts are only for educational & learning purposes.
Today's New All-Time Highs & 52-Week Highs.📈💥🚀
Unlocking Fresh Opportunities on 21 October '2024 📈🚀
BEFORE INVESTING OR TRADING, KEEP YOUR EYES ON RISK REWARD ⚖️ & SUPPORT RESISTANCE 🔄📊.
DISCLAIMER: It's not a buy/sell recommendation. Posts are only for educational & learning purposes 📚💡.
SEBI Registered Research Analyst: INH000012351
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#Nifty Spot 75MIN Chart
Expecting to trade between a range 24500-25300 (+/-1%) till DIWALI.
Consistent profitability doesn't come easy ―you have to pay a price (your time, effort, and money) to get the results.
-TradingComposur
Now, Keep eyes on 24000-24050 zone (as a positional support) based on 15MIN time frame support.
23800 is major key support level.
#Nifty Spot
Stock Name:
Natco Pharma Ltd #NATCOPHARM
CMP 1407
KYC: https://www.screener.in/company/NATCOPHARM/
Pharma Sector
> Highest OPM, Revenue & PAT (TTM & Yearly basis).
> Company is almost debt free.
> More than 8 year ATH (upward channel BREAKOUT).
> First breakout level already retest 1300.
> Key support/retest levels 1300, 1200 & 1000.
> View will invalid below 900 MCB.
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24220+ Good Pullback...✌️ #NIFTY
👉 23800-23900 major support for the next 1-3 weeks (positional view)
📌 15MIN time frame pe trend 24036 ke uper change ho gaya tha aaj. It's good for positional trend.
✅️ Short-term TREND is down, so plan accordingly. Key resistance levels 24700 & 25100.
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Unlocking Fresh Opportunities on 23 October '2024 📈🚀
BEFORE INVESTING OR TRADING, KEEP YOUR EYES ON RISK REWARD ⚖️ & SUPPORT RESISTANCE 🔄📊.
DISCLAIMER: It's not a buy/sell recommendation. Posts are only for educational & learning purposes 📚💡.
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Today's New All-Time Highs & 52-Week Highs.📈💥🚀
Unlocking Fresh Opportunities on 22 October '2024 📈🚀
BEFORE INVESTING OR TRADING, KEEP YOUR EYES ON RISK REWARD ⚖️ & SUPPORT RESISTANCE 🔄📊.
DISCLAIMER: It's not a buy/sell recommendation. Posts are only for educational & learning purposes 📚💡.
SEBI Registered Research Analyst: INH000012351
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That's why closing basis confirmation is required to take action on your trading plan.
Aaj nifty ne latest HL break kiya but close above HL.