Gls

20sma ke pass aaisa kya hai Jo itna hold kar rahe ho ....😂

Sl below 20sma

Go long .....

#IntraDay Setup Hindustan Unilever Strong Above 2348

IntraDay Setup ICICIBANK Strong Above 1128

#INTRADAY SETUP DALMIABHARAT Strong Above 1781

#IntraDay Setup Lauras Lab Strong above 437

BNF Prognosis: 09 May

BNF started the day with a lukewarm tone, trading below the previous day's range. Attempting to breach the 48200 level during the first hour proved unsuccessful, leaving behind an AB poor high and subsequently a AB poor low. Although there was a brief bounce back, the momentum faltered as B period failed to surpass the high set by A period. Subsequently, a sharp downward move in the C period pierced through the AB poor low at 48030, leading to a swift decline towards 47800 levels before experiencing a bounce and transitioning into an OTF up phase. The following rotations were confined within a narrow range of 150 points until a sharp down move in the I period pushed the price down further, settling within the 48100 to 47950 range.

The most notable short setup unfolded during the H and I periods, characterized by the development of a ledge at 48030 levels where the lows of A, B, and G periods were stacked. Such structures often attract short-term traders who trade based on visual references, leading to a spike that triggers stop losses. This was evident in the I period, where a sharp down move of over 200 points breached the ledge, catching bullish traders off guard and preventing a recovery in the remaining session.

The failure of BNF to clear the 48200 level indicated weakness, suggesting a lack of stronger buyers. The formation of an AB poor high further reinforced the notion that sellers were dominant in this zone. Market-generated information within the first 60 minutes signaled caution for long positions. Overall, the value migrated downwards, with the volume point of control (VPOC) and time point of control (TPOC) also shifting lower. The intense rotations facilitated the development of a prominent point of control (PPOC), representing a significant support/resistance zone depending on the direction of the price movement.

For tomorrow, the key level to watch is 48050 (PPOC). Holding above 48050 and signaling acceptance would target the AB poor high at 48200. A break and hold above 48200 would indicate a shift to an OTF up phase, with targets at 48350 and 48500. Conversely, a break and hold below 48050 would target the pullback low at 47850. Acceptance below 47850 would then target the 47800 to 47600 levels

1307

Gapdown Open , Low 1472

Active Trade

#intraday setup , HCLTECH Strong Above 1316

Was not missed active yesterday today 6% up

PE bouncing from 10 EMA, and CE sold off from 10 EMA.
PE EMA's pointing upwards
CE EMA's pointing downwards

Only Selling in The market

Even small DZ has not been respected 46600 to 47000 may act as Dz

Over and out for me as of now , will wait for pull back uspide now will not sell Nifty tommorow

Gapup open void trade , High 1339 , now its Weak below 1314 , intraday basis for 1-1.5%

#IntradaySetup
Havells Fut Weak Below 1674

Why Nifty can bounce back From yesterdays Low , not hopefully should sustain at the Trendline ,

Expecting a spike down as Open, B & D period are at same level. Usually this is a weak referecnce

Done