SBIN Took support from multiyear support trendline and is ready to touch 650+ levels. SL of 40 points for RR 1:3
Weekly and Daily TF looks bullish and structure has shifted and it is ready for impulsive move
Weekly and Daily TF looks bullish and structure has shifted and it is ready for impulsive move
Gold price seesaws around the top line of a five-month-old bullish channel, recently supported by the 10-day EMA. It’s worth noting, however, that the smaller gap towards the north joins descending RSI (14) line and easing bullish bias of the MACD signals to keep XAUUSD sellers hopeful. However, a clear downside break of the 10-day EMA, around $1,955 by the press...
EURUSD stays firmer for the fourth consecutive week as traders prepare for the key Federal Reserve monetary policy meeting on early Wednesday. The major currency pair’s latest run-up could be linked to a successful break of the 200-SMA. However, a 12-day-old ascending triangle can join the overbought RSI and a horizontal area comprising multiple hurdles marked...
As we can see in the monthly charts of Nifty 50, the overall market is consolidating in a range of 15000-19000 and I think it will continue to do so for some time. Previously valuations have fallen to their lows and currently, we can say that the market is fairly valued. From hereon we can see the valuations consolidating for some time which will also reflect in...
All time high breakout RSI also bullish Sustain above their breakout level DISCLAIMER; AT YOUR OWN RISK
As global sentiment looks week. We can Plan to short banknifty below the dec low line. - In case of FLAT opening we can short it on the first candle or wait for 15 mint candle breakout. - In case of GAP UP Opening we will wait for the negative price action or Look for upside scalping trades above PDH. - In case of GAP DOWN Opening we will actively look at the...
Chart is self explanatory. Levels of breakdown, possible down-moves (where stock may find support) and resistances (close above which, setup will be invalidated) are clearly defined. Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor...
All levels are mentioned on the chart it self Safe players can wait for a pull back and enter as per levels Risky people can enter according to their risk management. Managing the trade: If the trade goes in our way *Exit half Quantity @1:1 Risk/Reward Target and Shift to SL to cost *Exit Half of the remaining with 1:1.5 or 1:2 Risk/Reward (by looking at...
The stock trading at its previous years all time highs of october 2017 On weekly time frame WTF If the stock break its levels of 128 at closes it above on WTF then we have to wait for some consolidation on that level and breakout then there was a good entry point in this stock ALWAYS FOLLOW YOUR TRADING & R:R RATIO HAPPY TRADING NSE:FEDERALBNK
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Setup Contains : 1. Bullish To Bearish Market Shift 2. Liquidity Below Point Of Interest 3. Trend Line Liquidity For Targets FOLLOW PAFX & TRADE LIKE BANKS 💸
buy Axis Bank above 680. target 775 respectively. target 2 800
Axis Bank - A heavyweight in Bank Nifty and Nifty is taking support at the neckline of W pattern. Axis bank formed a perfect W pattern and then Axis bank is taking support at the neckline of W formed. Moreover we can clearly see the volumes increasing as compared to previous days. This stock can be kept in the Watchlist to gain some profits.
This channel provides Nifty and Bank Nifty analysis and provides swing trades for equity. The channel is also a provider of technical knowledge on technical analysis . This is merely a recommendation channel, so please do your own analysis as I am not a SEBI registered analyst. Please support the channel by liking, sharing and subscribing. Regards Rising...
Now these Banks will decide the journey of Bank nifty Note : i have not included Axis Bank here.
Buy on all dips !! long term weekly chart !! inverted head and shoulder with crazy targets of 60K ++