HEAD AND SHOULDER PATTERN (SELL SIDE)SELL : 392
TARGET : 253 TO 214
Reason For Selling This Script :
In this script it has formed head and shoulder pattern in in monthly time frame. Once this price close below the 392 in monthly time frame and then try sell. Waiting for neckline breakout.
Note :
Above given levels are based on monthly & weekly time frame . So be patience it will take some months to achieve the target.
ALL THE BEST ..
2-sell
Banknifty 20th April 2022 - Intraday Trade AnalysisAccording to previous it was decided to sell whenever it makes negative candle near 37000. And this happened today.
Banknifty
Flat opening - Will wait for retracement before selling again. No immediate trade due to 1000 points move in the last hour.
Gap up - Will wait for shooting star or 5 min red candle and then sell again but for smaller target.
Gap down - Will look for buying price action near 36000. Because it has become support now.
So, 36000 = Support and 36500 = Resistance1 and 37000 = Resistance2
Thanks
Titan looking good for an intraday tradetitan has formed spinning tops near the rising trendline with high volumes indicating strong indecision.
It breaks down below the rising trendline, it may try to touch the lower level marked on the chart.
if it breaks out of the previous swing high, good for a buy trade but one needs to wait for confirmation of breakout as the stock is in a correction on the daily timeframe
EUR/USD Analsysis [WAIT]As evident from the chart, the pair is in a strong downtrend.
Suppose the price reverses from the 1.105 level and hits the 1.1135 level. There is a strong chance that it will continue the downtrend; wait for it to again fall to 1.105 level, then it can be sold, using 1.1135 as STOP LOSS.
NIFTY Levels for coming daysNifty levels for coming days can be bearish due to on going situation of ukraine-Russia war.
also expect huge FIIs selling figures on 28th February cause on 1st of march market will be closed so most likely they will sell holding to safeguard their investment against any uncertainties
ICICIGI POTENTIAL SELLINGNSE:ICICIGI
as ICICIGI is in down tread from some time it could continue if its break 1275 level and start trading below it .
Disclaimer: Any information shared would be only for educational purpose...
I am not a sebi registered analyst. This channel is for only educational purpose. Any profit/loss, i am not responsible. Before taking any trade please consult your financial advisors. Thanks