PVRInox is under Wyckoff distribution Schematic #1 on weekly chart. this may still take few more month for this to complete. this is bearish distribution and presently its in phase D I am hopeful one more chance you may get to exit long position
Chart patterns convincing me to publish this above titled opinion REASONS 1. UPL has been trading inside an Expanding Triangle pattern(10 year- from 2013) taking support and resistance at perfect levels till now. 2. Currently it is under the down swing move inside the pattern 3. Pink trendline from 2020 acting as support, Bears trying to get break...
#Bitcoin is under very critical zone now a days and mostly moving around $26.5k to $27.5k, while many times it rejects for uptrends and retest for #BearishZone of FWB:25K -24k but majority of chances, between 20 may to 20 June 2023, BITCOIN will be under #BearishZone of $24k to $22k and then FWB:21K - $19k too.... DISCLAIMER- It's not any #FA, its just proposal...
Expecting a Gap Down today in NSE:BANKNIFTY Nifty might retrace a bit and fall at least till 43500 Trade or invest according to your analysis. This is just my view..!! <----- 3MRT Trading ----->
Chart patterns look good for a short trade in Reliance industries REASONS 1. RELIANCE has been trading inside an Ascending Channel and currently it is down under its Downswing move inside the channel 2. There is a Monthly breakdown (shown in chart) out of a 5 year old trendline support Monthly timeframe chart below - 3. In weekly chart shown below, ...
Disclaimer - I might be completely wrong today, as I've Bearish sentiment even after such a wonderful retracement. Even chart suggests a Bullish pattern too. Just a expiry bet ..!!! I expect NSE:BANKNIFTY to open flat and trade in a range before falling down till at least 43400 . It's just my analysis, do your own before traing/investing. <------...
On 2 hours timeframe it shows double top and max OI call righters. It can be good chance to take entry once it complete full solid red candle today.
I expect price to move upto max of 44000 Round Number and fall till min 43777. I'm completely Bearish for today..!! My view might change based on Opening price...!!! T-Gram- for past analysis posted 3MRT Intraday Trading
For next week contract (11/05/2023) . entry: 43000 . if there is possibility for bullish-- target-43500- . Then down trend starts t1-43000--t2-42500 . after breaking yellow box mentioned bearish trend will be confirmed. . for option writers breakeven ranges will be.. . ( 43500-42300)
#Bitcoin will be soon break their support line of FWB:27K and goes under #BearishZone trend up to first below cut-off point FWB:25K -22k and second lower cut-off mark is FWB:21K -19k with more #Bearish trend of $19k-17k upto june-july 2023.
TCS had formed a perfect head and shoulder pattern on weekly chart which was nicely broken down and had finally reached the target
#Bitcoin Daily based chart movement as per #Elliott #ImpulsiveWave & #CorrectionWave Pattern, whereas their price up-down zone as per #FIBretracement is Highest Point at FWB:31K & Lowest Point of $15.5k up-to 27 June 2023 max. All Analytical views, dates and zone displays in chart, as well as #DYOR too.
Chart Patterns insist me the above titled opinion REASONS 1. BhartiArtl has been trading inside a Ascending channel pattern(bright red & green trendlines )and right now down swing move is under process(in the form of descending channel) 2. In the weekly time frame , it looks alike a Bearish pennant formation and given breakdown out of...
infosys had formed DOUBLE TOP in the last few weeks and had finally broken it and reached the target The double top was formed alongwith the wedge pattern which was earlier mentioned
JUBLINGREA has been in parallel channel since Apr 2021. Too much tape noise on this stock.
Parallel Channel since the top was formed. expect more selling pressure