Stock is making Higher Highs and Higher lows. This has confirmed the uptrend. Trade with small SL.
might take support on the established trendline. entry at CMP SL-753 Target-860
Crude oil making a bearish pattern and still showing the sign of bullishness. Fight between Bull and Bears for the trend to continue. Which way will It go? Crude respects the levels we analyzed In early posts, shows a good move over the period. The up-trend move after the breakout of the price mark of $87.894, was slowed down after the price tried to...
Vedanta for a fall. In the first long term wave, we are in the second correction of the wave two and if you see the wave, it is in a third wave fall of the 3 sub waves which could be as deep as .618 fib levels as per me. Also, it is now at a triangle resistance at the top of the trend line if you see the dark white line and the volumes have weakened...
volume based crossover . buying vs selling volume indicators . 90 days volume crossover
GAIL seems to have done a Daily breakout after a long downtrend. The weekly and monthly chart also seem promising on pivotal support levels But the level is crucial as still, we are in a zone of uncertainty with respect to nifty. Either ways, with crude and natural gas bullish, GAIL seems long. But, being at a crucial support, market collapse could lead to...
EURUSD jostles with a four-month-old resistance line, as well as the 50-DMA, respectively around 0.9870 and 0.9900, as it lures buyers near a fortnight top. Given the firmer RSI and bullish MACD signals, the major currency pair is likely to refresh the monthly top, currently around the parity level. In doing so, September’s peak surrounding 1.0200 will be crucial...
Gold braces for the second weekly loss but the bears appear hesitant around the yearly low. On the top of that, a bullish triangle formation and nearly oversold RSI suggest that the metal may witness a bounce. Hence, a convergence of the monthly horizontal resistance and the three-week-old descending trend line, forming part of the bullish triangle, around $1,643,...
Start Bullish Rally on 16-10-2022 to 18-10-2022 Start Bearish Rally on 18-10-2022 to 20-10-2022
Personally, I see scenario 1 as more likely due to the downtrend With the decrease of the price slope and the decrease in the speed of the fall, we can imagine the horizontal movement of the price in these areas.
Price Coming Out Of Cup & Handle Pattern. Stop Loss Below the Breakout Candle.
•We have a bullish cypher in play here. Within the harmonic category of patterns, the cypher is a reversal configuration. •The cypher formation frequently occurs during a market trending period (HTF) and presents as a terminal move. •Next is a trend reversal.
in higher timeframe market is currently bearish forming LH and LL. market after hitting a 1d imbalance form CHofCH 1h 4h timeframe telling market could possibly reverse from downtrend to uptrend in lower timeframe to fill the imbalances which was left open. market came back and fill the imbalance below and show a large push up showing buyers are in control there...
This is a 180 Min TF NIFTY chart. By the end of this post we would try to understand the short term trend and the trade setup for the next week. An update on daily basis will be given in the update idea section. - TIME CYCLE: If we study the time cycle starting at 17 June 2022. I have adjusted the cycles at certain TF for better adjustment. We can observe the low...
Bank nifty breakdown and retest done we can trade for next TGTs.
We anticipate a 5% increase in these stocks from here, but please do not invest more than 5% of your total capital in these stocks at this time.
Triple bottom pattern breakout and build up in all time high zone. Tata chemicals is on its way to give big gains!
EURUSD bears take a rest around the two-week-old horizontal support area while waiting for this week’s key catalysts, namely FOMC Meeting Minutes and US CPI. That said, sluggish RSI and bearish MACD signals join the quote’s sustained trading below the 50-SMA to keep sellers hopeful. However, a clear downside break of the 0.9665-50 region appears necessary for the...