Recently we had a divergence pattern. Also the RSI is declined below the level of 60. All these indicate the price could consolidate at these levels or it may correct. Disclaimer : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
Today we have a bullish Hammer Candle. Breakout of the STMA band and separation in the LTMA Band indicates an up-move. The price could test the levels of 49,488. For support 48,315 is important. Disclaimer : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
Hello I hope all of you are doing well!! Bank Nifty analysis for educational and learning purposes. Pl. share your point of view. Keep Learning with NG. Thank You Nitin Grover
Degree full forms- L1 stand for Long term wave 1 and so on L1 stand for Medium term wave 1 and so on s1 stand for short term wave 1 and so on Hello Everyone, Welcome to Trading Idea, This is a short term forecast but trade always in direction of bigger cycles. Any last minute update will be done on our tradingview live links. I hope you are enjoying my...
Hi This is an long term forecast of bank nifty, as per neowave cycles bank nifty is making bearish cycles. For complete understanding of price action do watch the video.
Greetings Folks, today I have prepared a setup of NSE:IDFCFIRSTB on NSE the analysis is as follows- - The price is losing the bearish strength after looking at the current market structures - good buying volumes took place in last trading day - if the price breaks out the resistance zone marked in the chart, then we may expect bullish rally don't play with...
Bullish Patterns along with strong supports and consolidation.
Good uptick in business performance, next few quarters look in line for growth as well. Inverted H&S target 20Rs.
Hello Everyone This is an chart of SBI CARD. A simple swing which has a good risk to reward ratio.
As per our analysis SBIN Breakout done successfully. Target 1 593 Done Target 2 600 waiting
Banknfity is not as strong as nifty when it comes to picking up momentum still we have ATH resitance to cross for banknifty and make new high that will lead to good momentum
In previous post One of the 3 important levels given on the downside was 17708. Nifty closed the day at 17706.85 Also had suggested the blue zone may act as Support zone for Nifty in April series. Despite poor reaction to Infy numbers, Nifty has managed to take support in the blue zone. It recovered more than a good 100 points after touching the blue zone. What...
Levels as mentioned on the chart Levels as mentioned on the chart Wish You Happy & safe trading Views are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk. "Always Respect Risk" Happy Trading Jai Hind Jai Bharat
Levels as mentioned on the chart Followup chart Wish You Happy & safe trading Views are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk. "Always Respect Risk" Happy Trading Jai Hind Jai Bharat
Axis bank is continuously moving in a channel. Now it made a bowl pattern at its resistance level from where it can give a 2-3% rise if breaks. Another point is that we can see a good fall if it faced rejection. It can later go up to the lower level of the parallel channel . As of today, it closed with good volume if the market opened in a good range then...
Disclaimer: I am not SEBI registered person and this is not an investment advice and also please note this is only for education purpose. Also note we can use this research in my own portfolios. So don't influence yourself by this research. Please note before investing according to this educational research, please do own research and also do take advice from your...
#BankNifty-- Since 33k the index is moving like anything and Tuesday we saw a great move of 3.5%. Finally looking like index is forming a flag and pole pattern. over all pattern is positive and can initiate long after confirmation. Pattern can be negative below 38k. till we are above 38k is a buy on dips. Note- Its my view, Please initiate trade after...
Axis bank looks going to break the 1.5 years of consolidation from Jan 2021 to June 2022, which make axis bank fall further 15% to 20%