broken major resistance of big time frame of 1H.
If banknifty breaks and sustain 32000 level then we may see 32600 if not then thier will be selling pressure again.
Nifty Pharma is looking for ATH breakout soon. I'm novice in charting, so please look for experienced guidelines.
All observations on chart. MULTIPLE CONFIRMATIONS & EXPLANATIONS OF DRAWINGS As you can see gold bounced tom 38.2% fibonacci level a good level to buy the dip. 19% correction from the top till pre covid levels Falling channel pattern visible on charts, usually gives good move on the upside. Double bottom pattern breakout given today. Price comfortable above...
A simple descending triangle and flag & pole chart pattern breakout tutorial. Very powerful indeed!
RBL Bank structure looks weak at the moment, if it violates level 165 on closing basis can se more downside, at crucial zone. In daily TF negative crossover of 50EMA and 200EMA Beware those holding the script
today's lesson is more about the MACD indicator, which we consider as a confirmation indicator. MACD is used in combination with RSI and candlestick pattern. it is very necessary to understand the technical as well as to analyze the data to predict the market behaviour. hence, this is the small video that has tried to analyze tomorrows behaviour of the market.
For study purpose only. My view on BankNifty is negative for next week.
MONTHLY CHARTS AND DAILY CHARTS OF GUJ ALKALI IS LOOKING GOOD AFTER BREAK OUT, HOWEVER WEEKLY CHART IS CREATING CONFUSION. CAN WAIT FOR A BREAK OUT CONFIRMATION IN THE WEEKLY CHART - THEN ONE CAN BY THE STOCK.
chart self explanatory
In this video i have shown multiple examples of harmonic pattern setups in indian equities with an aim of providing live examples for people to learn and practice these complex patterns.