AmitTrades

AmitTrades

long downtrend, following the levels and preparing for a bearish move

AmitTrades

There is no doubt that the Nifty Index has been bullish in the long term, but there are times the index takes a dip and thus we can take this opportunity to short it till the levels. The levels which I expect Nifty to drop are till 21900 in short term, the second target can be 21400, and if this level breaks in long term we can expect a further drop to 20650....

AmitTrades

Currently the British Pound is showing weakness against several pairs due to change in fundamentals last week, and is expected to fall, so we can consider it to sell against the swiss franc and aim for 1.10908. Also there is a cypher pattern formation on the daily timeframe, must use stop-loss. Note - This is my personal analysis and not financial advice, before...

AmitTrades

The Dollar has been weaker for this time and thus all the dollar pairs seems to be bearish. This setup looks good for selling opportunity and aiming for 1.3370. Note- This is my own analysis and thus not to be considered as trading signal, before making any decisions kindly do your own research, as trading is highly risky.

AmitTrades

Watching this major resistance zone between 160 - 168, previously the price saw a major fall from this area, so we can expect a correction to 120Rs. Important - this is not a financial advice, kindly do your own research before trading or investing.

AmitTrades

We have seen a large sell off in Euro from past few weeks as the USD was strong, now the price has come to 1.07300 area which looks a good buying opportunity if not for long term then too for short term it may take a correction and reach to 1.08550 zone. IMPORTANT - This is not a financial advice as the markets are risky, kindly do your own research before placing trades.

AmitTrades

GUJARAT NARMADA stock is showing weakness at the major resistance zone, it formed evening star with various Doji and bearish candlestick patterns in 1h TF also the harmonic pattern suggests that this stock might make a correction. Note- Please do your own research this is not a financial advice

AmitTrades

For the Dow jones industrial average November had been a great month where we saw a rally from 32600 level, now finally the price has reached near the zone of 36600 to 37000 which is a resistance for the price, also the price is extended without any corrections, so we can expect a fall from this zone. This is not a financial advice, do your own research before...

AmitTrades

sui token has come near the resistance zone of 0.6600, we can expect price to come downward as the parallel channel was broken and can act now as a resistance zone.

AmitTrades

cortex was in a range and finally it did a breakout from $0.1885, it can now move higher within next few months to the 0.3205 zone as this level is the next major resistance. Note- This analysis is for educational purpose and should not be considered as financial advice and before doing any investment kindly do your own research as cryptocurrency market is highly...

AmitTrades

EURCAD can show a reversal from the mentioned zones.

AmitTrades

Swiss Franc has been bullish against the Japanese Yen from long time due to its strong economy, now the Swiss Franc is near its all time high of 168.400, which was made in October, there are two scenarios which can be, the 1st one is that it will retrace before moving up further and the levels of retracement can be 167.176 and if broken can reach up to 165.136. If...

AmitTrades

US dollar from past few months have been very strong , but finally it has reached to the 151 level in USDJPY pair also this is a psychological level which is a strong resistance zone for the price , can sell now and aim for 1:2RR

AmitTrades

the structure looks good to sell as there is a gap which needs to be filled also the price is at the resistance level if this resistance breaks we will sell at the next resistance zone which is a major zone, for now aiming for 1.07881 level on lower TF

AmitTrades

EJ is at the support level of 1H, it may bounce to the FVG level

AmitTrades

This pair has been trading in the range since past few days, also we can see the bearish impulsive move on the left which was caused in the zone of 1.80178. we can open a short position keeping the SL at 1.80653 and target 1.78516, achieving 1:2 RR

AmitTrades

So last week Wipro was trading around its resistance zone it tried to push up and break that resistance but the sellers were not ready and thus they moved the price all the way down from 424 to 406 making it back into the zone, the stock price closed at 398.75 on friday , now its expected to move to the support level of 380. Good luck