Yesterday, spot gold showed a trend of low-probing and rebounding. The daily structure closed with a small positive line, which temporarily failed to change the short-term bearish trend. At present, the 5-day moving average has moved down to around 2349. Although the Bollinger Bands are intended to shrink as a whole, the middle track extends upward to around 2351....
As we discussed, Nifty has a sideways or bearish structure; it ended sideways in 1st half, then bearish later 2nd half. If we look at the chart now: The market has broken 50 EMA and a good support zone to the downside. Also, an EMA(13, 50) bearish crossover is about to happen, which might lead to a bearish market structure. The market is making an HNS...
Hey everyone, there's a lot of buzz lately about Solana (SOL) being primed for a major price increase. While I can't offer financial advice, let's explore some of the reasons for the excitement: Growing Ecosystem: Solana boasts a thriving community of developers building exciting new projects on its blockchain. This could lead to wider adoption and increased...
Banknifty 29 May setup with Target and Trend line to follow with major support and resistance
Date 29th Feb.2024 First of all, apologies to posted little late. 1st target is already Achieve as we can see on chart, still many more targets, I am expecting towards upside. There is a pole T for Flag and Pole Pattern and if Breakout of 117 Rs, we have Cup & Handle T2 will be expected along with Pole T. Easy Way to Carry this trade is on monthly candle...
Check the video for detailed analysis. Levels are below. Pattern : Support/Resistance. Range : Medium. Trend strength : Normal. Buy Above : 49060. Stop Loss : 48980. Targets : 49120, 49200, 49280 and 49360. Sell below : 48860. Stop Loss : 48940. Targets : 48800 ,48720, 48640 and 48560. Check the live market updates. Hit the like button to Rock !! Show some...
Hi, NSE:JUBLINGREA has given a clear Bullish breakout of 7 months long consolidation on weekly charts with very good volume. MACD is also on the bullish side on daily and weekly time frames. RSI is also on the bullish side on daily, weekly and monthly time frames. In the current market senario I am expecting that the bullish momentum will continue. Complete...
Wating for break flag. If we look at the time frame of 1 horse, then a bearing flag pattern is visible here, with three touches to take aggressive entry.
DON’T HAVE TIME TO MANAGE YOUR TRADES? - Take BTST trades at 3:25 pm every day - Try to exit by taking 4-7% profit of each trade - SL can also be maintained as closing below the low of the breakout candle Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and...
USOIL ORDER BLOCK | SHORT TRADE Hi Traders, This is Usoil 1hr Order block tarde we can see selling from this level.. At this level we can see some Liquidty pool. Here we can take trade with 5 min CHoCH. 5 min CHoCH is best to take Short Trade Note - Only for education Purpose Follow for Daily Forex Update
New wedge pattern for SUNTV.Buy when a 5 min candle breakout upside line then we can buy above the candles high.Sell when a 5 min candle breakout downside(support )line then we can sell below the candle low.Good for INTRADAY & swing
Hello Traders, Mates and friends so here i am sharing a view on Nifty so let's start quickly as we all know that one session back the benchmark index made an All time high of 23000 but before this 23000 mark index gives an Ascending triangle pattern breakout on provided time frame so now from here i assume that price will come a bit down and retest it's breakout...
After yesterdays market run-up, a safe and yet naked and unsafe sell of 49700 Call, can be sold at 97-98 This is 29 may expiry and i see VIX being shot up-till elections giving good premiums to even far OTM PCR at also indicates mkt correction, however that alone cannot be used to gauge the market. I have shorted 900 Qty of this Strike
BANKNIFTY Intraday Trade Setup For 29 May 2024 Bullish-Above 49350 Invalid-Below 49240 T- 49775 Bearish-Below 49040 Invalid-Above 49150 T- 48450 BANKNIFTY has closed on a bearish note with 0.28% cut today. Yesterday we discussed that chances of index being inside 49700 and 49000 is high, so has happened today. Now tomorrow chances of a trendy move tomorrow....
As we discussed, the Banknifty sideways or bearish structure market was bearish while having sideways volatility. If we look at the chart now: The market has broken the support level to the downside with a continuously increasing volume. If the market fails to take support at 50 EMA, it will fall rapidly to the 48631 level. RSI is also below 50 and about to...
rtn power showing few cup handle patterns, according to one of them target will be 40, show here
Current Market Overview: Gold is currently exhibiting a fluctuating trend influenced by a mix of global economic factors, including interest rate decisions by major central banks, geopolitical tensions, and fluctuations in the U.S. dollar. As of the latest data, gold prices are trading within a range, showing both bullish and bearish signals. Technical...