In D timeframe, Siemens is in a downtrend. In the previous examples, We have used our own Bounce indicator or ZigZag indicator to identify the swing chart. But, it is always better to draw the swing chart by hand. It lets us assign an emotional value towards each candle that is formed. Anyways, that's what price action is all about! As we can see, the candle...
DOW Monthly Kijun has always been held since the Sub-Prime lows. If 25600-24800 gives way then 22700 would become a possible target USD INR Monthly has made a Bearish Harmonic AB=CD. Weekly has done its minimum Dragon target, further sustaining above 74.75 would take it to 77 to complete its next Dragon target Daily has also made a Bearish Harmonic AB=CD. Ideally...
Buy for 230/250 and 300 for longer term
BNF closed below its supply zone @ 27780-27900. On Monday one it will fail to sustain above this zone then it may test its next demand zone @ 27200-27370. In any case, sustaining below 27200-27360 another 1000 points downside range will open. It's next minor support @ 26945 and then next major demand zone @ 26140-26350. Both indexes may be volatile because IVX is...
Positive Points: ============== - Stock is trading near its lifetime low. - Also, RSI positive divergence can be seen on the weekly chart. - A bulk deal done by FPI(erstwhile FII) for 256.48 rs. Negative Points: ============= - India is struggling with TRUST factor with some banks like PMC, YesBank etc. Keeping in mind, banks like RBL Bank, may be affected badly.
On Friday Nifty failed to sustain above its current supply zone @ 11920-11025. Now next demand zone @ 10780-10815. 10780-10815 is a last major demand zone for Nifty Once it will sustain below this zone then it may test its next major demand zone @ 10430-10510. There is one minor support @ 11630. Micros (Gold and USDINR) are very strong and it’s...
Nifty long term charts look weak. Pullbacks can be used as opportunity to short. Supports for Nifty are 10600-10700 below this Nifty may test the long term support of 10k mark.
for the next week watch list stock
No need write here anything today , it's really easy for everyone to understand the chart.
USDINR Trading Near Crucial Level which is 74.100 to 74.500. If it will sustain above 74.500 then next levels will be 75.35-75.60 and 76.00-76.30 If it will not sustain above 74.500 then next support @ 72.90-73.30.
Educational Purpose.
THOUGH NOW IT IS NEWS DRIVEN BUT STILL WORTH TO WATCH.
see T1,T2,T3....i see them