Banknifty as per my setup looks good in buying i always calculated risk then enter always after consulting with your financial advisor
Finnifty looking strong now untill holding the keveks on chart more really is still pending consult advisor first
Nifty is heading towards the next resistance 18100-18200 range. It has given regression channel breakout with strong relative strength to the weekly time frame and it came with a strong gap-up opening. Now the price is likely to settle at over 17600. For the next 1 or 2 days small daily candles may get a form if there is any uncertainty related to price sustenance.
#BTC has been rejected three times at the 28.6k level, indicating a strong likelihood of a significant decline. It is advisable to maintain short positions and refrain from making impulsive decisions, as this appears to be a result of market manipulation. #staystrong #trap #BTC
Everything is mentioned in Video. This regression line is plotted on daily charting. This is for swing traders. . This is not meant for intraday traders.
This video is only for education purpose. It shows that how any swing trader can make a position in combination of support and resistance level and regression channel. We have analyze Kotak Mahindra Bank on daily chart. Bank is showing one way fall from INR 2000 to 1650. It is clearly shown with sliding regression channel. After touching 1650, stock goes up to...
Identified a triple bottom formation, which is a bullish chart pattern that suggests a potential trend reversal from a downtrend to an uptrend. This formation occurs when the price of an asset creates three distinct lows at or near the same level, indicating that buyers are stepping in to support the stock at that level. There are two possible outcomes: either...
NZDUSD dribbles around a seven-week low as the Reserve Bank of New Zealand (RBNZ) announced a 0.50% rate hike on Wednesday. In doing so, the Kiwi pair fades the previous week’s bounce off 200-DMA amid a nearly oversold RSI (14). That said, bearish MACD signals and an early February reversal from a six-month-old ascending resistance line keep the sellers hopeful of...
I am a strong believer of technical analysis , It simplifies the process of dicition making. Building a new long position in Home Depot Inc. :)
Bottom is already in .Accumulate now for upcoming bull run
NSE:CYIENT has a regression channel which can potentially be broken out as the momentum is pretty good. Hopefully volume will pick up as well. Trade: Buy above 936, SL: 920, T: 946/960/980
--------------------------------------DISCLIMER-------------------------------------------------- * All the information shared in this chart is provided for strictly educational purposes only. * This chart is sharing information are based on the theory of technical analysis . * This is not an offer to buy or sell stocks, futures , options, commodity, forex,...
we can see that NIFTY is at correction. And there is good amount of negative news creating fear right at support zone. I see huge volume coming in at this stage, a best place for institutional players to accumulate. There maybe some price push down to show retailers, that they are in right direction. At present global cues are also going well. Best place for...
EURUSD remains above the top line of a three-month-long bullish after the Fed-inspired volatility. The nearly overbought RSI (14), however, suggests that the bulls are running out of steam of late. That said, the 100.0% Fibonacci Expansion (FE) of the pair’s moves between November 11, 2022, and January 06, 2023, close to 1.1045, appears immediate hurdle for the...
Observe chart and see if it make sense. There is unfilled gap which Nifty could try to fill in before it take stop at high of previous consolidation zone.
Trading range breakout seen in the stock with good price action. Stop loss and target mentioned in the chart. Cheers, priceNpedia
Despite the latest pause, AUDUSD extends the week-start pullback from a nine-month high as the economic calendar starts spreading key releases. In doing so, the Aussie pair stays inside the monthly bullish channel. That said, the RSI retreat from overbought territory joins the downbeat MACD signals to also tease bears. Even so, a convergence of the stated channel...
USDCAD sellers hold the reins for the sixth consecutive week so far as traders await the Bank of Canada (BoC) interest rate decision on Wednesday. That said, the BoC’s likely 0.25% rate hike is expected to join the bearish MACD signals and favor the pair bears. However, a convergence of an upward-sloping trend line from June 2022 and a 50% Fibonacci retracement of...