Bat
NIFTY - NEXT MOVESNifty - after consolidation for a while on a verge or breakout / break down. Bank Nifty already gave a break out in the last sessions, now its time for Nifty to have a catch-up run . RSI also looking to breakout
Details of trade setup on charts
refer to the related idea on BNF for last week
Trade Safe
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Crudeoil Bearish Bat pattern foundThere is an harmonic pattern found in crudeoil mcx and Usoil.
Entry & stop marked red and black, targets in blue color.
Note: Always try to find a good price action patterns or any candle stick patterns in marked zones in smaller timeframe to take entry with small stop loss. If you follow diagonal trendlines you can take entry and exit easily. (Color code (only for diagonal trendlines ): green - bullish , red - bearish , black & violet reversal points). If any doubt for take entry in price action patterns, please ask in comment box, i will try to help.
Disclaimer: Im not tip provider and this chart is not indented to take trade in my levels, It is shared here for learning purpose. It is all your own risk.
so bears are ready to shortto be honest , market is no longer in bullish sentiment so it is good to take small put position on last stand sector.. "THE GREAT IT-SECTOR",immediate targets are 1667,1650, and if bears are really hungry then 1585 is not so far, because no big houses will buy infy in 1600-1800 range and retailers and some small operators cant hold this BEAST on this levels..
lets see, what happens to this guy