Mahindra & Mahindra Financial Services Ltd. an interesting stock with weak chart structure 1. RSI on daily slipped below 40 2. Big Anchor Red Candled formed on the chart with price trading below major moving averages Lets See How it Evolves. Disclaimer: NOT A BUY / SELL RECOMMENDATION I am not an expert I just share interesting charts here for educational...
#BTCUSDT Chart Analysis: CRYPTOCAP:BTC remains bearish according to the chart. There's a bearish order block at $63,500-$64,000. If BTC fails to break the $64,000 resistance, we might see another dump soon. Bearish OB: $63,600-$64,100 FVG: $62,800-$63,700
#SUI/USDT Chart Analysis: NYSE:SUI has broken down from the support trendline and shifted into bearish mode. Expecting a 20-30% retracement from current levels. Trade Setup: - Best Short Entry: $1.70 - $1.80 - Targets: $1.42 / $1.00 - Stop Loss: $1.90 (Manage risk accordingly) ⚠️ If Stop Loss hits, we may see a new all-time high.
SMALLCAP100 losing strength after a continuous run since April'23. It's time to take a long pause if not a stop! Giving about 125% since this period. Just one bad news may trigger sell IMO. Keep booking profit. Any bull-run stops at some time. Just be at the door before party gets over! Its time to protect what is earned!
Bearish Wyckoff Distribution Schematic #2 (unorthodox) I would be happy to go wrong however I do see this to test 260 in 2 yrs it has to cross 590 to nullify this setup
Industower is currently exhibiting a bearish trend with several concerning signals: a fake breakout, a bearish flag breakdown, and the formation of lower highs. Traders should be cautious as these indicators suggest a potential continuation of the downtrend. The fake breakout implies that the recent upward move lacked genuine strength, while the bearish flag...
This chart presents a classic Head and Shoulders scenario, which traders should watch closely for confirmation. If the right shoulder forms and the price breaks below the neckline, it could signal the start of a bearish trend, providing an opportunity for short sellers. On the other hand, if the price breaks out above the current resistance, the bullish trend...
TataMotors has formed Wyckoff Distribution Schematic 2 it may try to bounce one last time before going further down
Nifty Outlook: A Pivotal Week Ahead Nifty remains weak as we enter a crucial week. The index faces stiff resistance at 24,450. A close above this level could open the door to 24,725, but failure to hold it may trigger a drop. Key support lies at 24,150; breaching this could lead to a decline towards 23,850. Adding to the bearish tone, Nifty has broken down from...
Please allow the price to break the channel and enter the trade at successful retest. Do your own analysis before taking a trade.
Silver is moving as expected. Old idea linked below. Do your analysis before taking a trade.
#Celestia (TIA/USDT) Profit Update: I alerted you when LSE:TIA was trading at its peak/ATH and advised selling at $16.50+. It went up to $20 for a bearish retest and then experienced a hard dump, now down 80% from my levels. Hope you earned or saved money! Profit Targets: TP1: $13.86 ✅ TP2: $9.82 ✅ TP3: $7.10 ✅ Currently, LSE:TIA is trading around $6.4 and...
Distribution Schematic( 1 or 2): Wyckoff bearish This is just phase 2 right now. It will take still few weeks and yet to confirm whether stage 3 will be Schematic 1 or 2. I am trying new approach to highlight wyckoff, hope this works well.
In last 4 year after giving good run up it is not distributing by forming head n shoulder any closing below the channel would be selling
Wyckoff Bearish Distribution Schematic #1 Price has been overbought since Feb 2024 31st May and 4th June movement was first indication of the bears
After the break of structure the price has successfully retested the upper levels now we have a fresh breakdown with a strong momentum. The price could test the lower levels of 2,056 and on my probability scale it is more than 55%. Disclaimer: This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
Today an important support of 423 has been broken with a strong momentum having RSI below 40. The price could test the next support level of 414 and if broken then we go for 400. Disclaimer: This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.