sunilvedula

sunilvedula

Bnf broke the support and closed below forming a big red candle. Now the most likely place of support is 47450 and 47000 where the market can take support. Get ready for a few more down points.

sunilvedula

Do you like the signals. If you like what you see then let me know. If I see a good amount of interest will share the strategy signals for free

sunilvedula

This is a positional analysis for Bitcoin. Markets have been consolidating and a fresh rally is due which I am expecting to start in the next few hours or in few days based on the price action. BTC has had a minor correction and is now ready to rally again. This rally started in Feb 2024 which is still continuing. I will personally again confirm through my ideas...

sunilvedula

BTC touched our last Target 69k. It made a high as of the time of writing this is 68900. Now it is clear we are touching 1Ldollars. Buy signal generated. Enjoy

sunilvedula

Hi, as we predicted bit coin has started to go up now. You can watch the same and use the signals provided by the strategy to trade for yourself. See for yourself and decide if you want to follow is not. Link

sunilvedula

HDFC Bank: Though HDFC might have come down after the result. It might have been bad result in a long time but still it isn't negative. NII is at 28%. So, don't expect the market to go down. I expect market to rebound after the initial shock. So be +ve and don't be surprised.

sunilvedula

Buy signal came on 28 November at 43 800 and is still holding. The next likely target is 48 900 at which point I am expecting a retracement as it is the 61.8% Fibonacci line.

sunilvedula

As per Fibo levels as you can see in the pic the levels have been clearly provided. The next 1st immediate target is 48900. Then we will see 50,000. But at 48900 we can either see a retracement back to 47450 before going back to 50k. So, once we touch 48900 exit bullish and wait for either retracement or further upside

sunilvedula

Bitcoin has broken out of the consolidated zone after the huge run-up just now. so the next target if this breakout sustains is 50,000 and beyond

sunilvedula

Pitchfork lines in 1 day chart have acted as support and also resistance. If we go past yesterday high mkt can continue upside else high chance for market to continue downside. With global factors into consideration it is likely we will see gap filling as mentioned in my last post at 40450-39950 BNF futures. Until that is done mkt will not form a bottom.

sunilvedula

Confirmed support zone 44500. Green candle is confirmation of support. Now it needs to come into the pitchfork zone. Once it closes above 45200 be prepared to-get a target of 46500.. All levels are futures

sunilvedula

Mkt know 44721. Gap filling is complete. Long wick shows rejection from down side. Now we are ready to move to upside. Get ready with calls to touch 50k in Banknifty

sunilvedula

With today's move mkt is back into upside zone. Targets are shown in the pic. 43698 support held. Now if tomorrow we have a green candle them we are for sure into upside. Buy if tomorrow we again close in red then it's no trading zone

sunilvedula

Tomorrow if we go past 44,000 future start then we are out of the downtrend but confirmation of the uptrend will happen only when we close above 44,500

sunilvedula

If we go past 44325 then we are back above the trend line. If we close above 44509 then we are back into uptrend with first target at 45685. Until we go past 44325 don’t trade on long side.

sunilvedula Updated 

Using Pitchfork analysis on a daily timeframe it is evident as everyone can see that we have taken support from the bottom line of the pitchfork. Since it is a green candle now our first target(44500/45000) will be the middle line and stoploss would be closing below the bottom-line (42970) of the pitchfork.

sunilvedula

As per the Head and Shoulder pattern, combining with Fibo we see the following happening: mkt can move up for now till it reaches 37855 by March 8th 2022. After that as per the pattern there is high chance of breaking 34000 by 25th-30th March/ 2022

sunilvedula

Market closed below 38.2% fibo line and that is a good breakout. But we did see rejection from lower level at 36370. So tomorrow we can go short with SL above 37000. If we open gapup then tgt is 37250 before it starts going down again. First target on downside is 35750 and final tgt is 34000 where we need to renalyze the market and economic situation worldwide.