Symbol - NIFTY50 CMP - 22960 NIFTY50 is following a rising channel & headed strongly towards its higher end. Currently It is trading near round level of 23000. According to my analysis & my view, Nifty50 will face strong resistance around round level 23000 - 23100 which is also upper end of the rising channel. I'm expecting Nifty to show a reversal from these...
1. Trend Bullish reversal 2. Set up: Fib 61 levels reversal points 3. RR: 1:10+ 4. SL: follow on closing basis below the 61 levels
1. Trend: Reversal Trade 2. Set up: Double bottom reversal 3. RR: 1:5+ 4. Follow strict SL
1. Set up: Reversal 2. Trade Idea: Inverted H& S 3. RR: 1:6.5+ 4. Strong closing is important
1. Set up: Reversal 2. Trend Bullish 4. SL lucrative with less then 3% 5. RR 1:9.5+
1. Set up: Reversal from supporting TL 2. SL risky but if trade works out RR will be extra ordinary 3. Set up is risky but with 30% accuracy RR is way to good with such set up 4. If SL hits also, this chart will take SL's and will reversal high probability
1. Trend: Sideways 2. Set up: Reversal from support zone 3. RR: !:8+ RR 4. 1 Year consolidation zone, it could be re accumulation or could be distribution, will know after breakout or break down. 5. For now can trade in sideways zone
1. Set up Reversal from Fib 61 Levels 2. Trend: Bullish 3. Sl follow on closing basis 4. RR: 1:10+
1. Set up: Double bottom 2. Price trading at support 3. Break out and failed, 2nd attempt it will be to pick up pace 4. RR 1:6+
1. Trend bullish 2. Strength: strong 3. 2nd attempt to run upside with falling wedge set up 4. RR: 1:10 5. Price is come to demand zone after first entry so risk can be smaller worth taking with 10 times reward
1. Trend: Bullish 2. 6 months consolidation 3. Price taking support from fin 0.61% levels with double bottom formation 4. RR: 1:5.6+
1. Trend Bullish 2. Price trading at support level after a false breakout 3. High chances price close in green for this week and entry can be high rewarding
1. Trend: Accumulation phase 2. Reversal from support 3. Strength is good at support with 14%+ bounce 4. RR 1:6+
NSE: FDC is closing with an strong consolidation candle supported with high volumes. Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days. One can look for a 8% to 11% gain on deployed capital in this swing trade. The view is to be discarded in the event of the stock breaking previous...
INDUSTOWER was hovering around its old trendline support for the last few sessions and has finally given a decent upside move. Is it reversing from this support? Perhaps. Time to start building long position. Further longs can be added once we get a retracement followed by continuation.
There is a possibility of USDCAD Trend Reversal on weekly chart
Avoid long position or swing position Try to short (downtrend & correction not yet done in the weekly chart) 1.Global crisis 2.Market sentiments 3.Data analysis Disclaimer: Please consult your financial advisor, Investment/Trading in the securities market is subject to market risk, We are not responsible for your profit or loss
FEDERAL Bank - Near resistance zone at monthly chart Disclaimer : All charts are purely for educational and information purpose only. Invest or Trade at your own risk.