DJ:DJI is following the zones I had mentioned in my last post, expecting more 5-10% fall from here in dow jones.
Trading at key support now. Levels in the chart. Forming lower lows so far.
An attempt to anticipate the future movement of different markets over next 5 to 10 years. If we see the movement of 6 markets, we can have some insights. Among the 6, Germany (DAX- purple) and India (NIFTY50 - red) look like being in the middle zone of the direction of movement since 1991. Hong Kong (HSI - green ) came down gradually from around early 2018 to...
Historically, when 200 MA is tested on weekly frame, it bounces. IM looking for this bounce- retest- lose 200- bearish retest- continuation to downside.
Hello All, Market is at very important point where it can take support and go higher and if rejection we have big fall. My expectation is at least 3000 points if cup and handle broke. FED hike warnings really bothering the market and on Friday it broke previous low and touches 20% fall from Jan 2022. However if it closed with the same momentum on Friday then we...
This is just view of DJI 1D chart that break the trendline in major time frame so if you are long in DJI so cut your long position and take bearish bate. And target in short term is 30600 in downside and further fall coming the break of 30600.
Dow Jones is in a support zone now. There is a high chance for huge buying pressure. I've used a mix of Smart Money Concept + Fibonacci + Price Action.
Bearish Outlook, simple charts *for educational purpose only, trade at your own risks !!
Although its too early to say, but there's a potential bat pattern in making, lets see how it goes.
A very nice bearish harmonic near a probably resistance area, after a long run up, I'm expecting DJI to take a bit of cool off and retrace at least 38.2% of the move.
If 33300 is not broken on the upside then we may head towards 28000 levels
Dow Jones: 30700 to 30915 is a crucial range for today and next few sessions. The market is trapped in the range. We had a brief jump over 30915 in the first hour. If we see a breakout over this range, we can expect an up move.
DJI (Daily) Bullish ABCD Pattern PRZ 1 - 29888.79 , PRZ 2 - 29918.61
DJI CMP 30425 A possible wave structure I'm seeing in DJI ... Blue line is where max it should go ... and one possible high being on cards .... Just a view! Vedang :)
DJI gives a potential dowside target of 29850 unless the top of 2022 is not broken.
NSE:BANKNIFTY1! The market has been moving in a range and refusing to break the 33200 support zone multiple times. the bounce back is expected from this level. but the downtrend is still intact unless it breaks any swing high and forms a higher low. please find necessary support and resistance on the chart. NSE:NIFTY nifty major support 15650 tested...
Entry into bear market ! Last expected to 3396 Gann fan and fibo on monthly are way fully in short!!
Index is unfolding as a leading diagonal of which 4th wave is already concluded and right now we are into the last stages to complete the 5th wave of this leading diagonal which will bring the index below the level of 30635 in the near term. Traders should remain short for the minimum target region of 30600-30000 in the coming weeks with stop loss of 32600.