M_M Looks Bearish on Daily timeframe. M_M has given a fake move upside, where it did not sustain. This has caused a reversal move in M_M, and it can probably take out the Strong Support zone as it has been tested multiple time.
Chart patterns look impressive and paves way for the above titled opinion REASONS 1. KOTAKBANK has been trading inside ASCENDING CHANNEL(Bright red and green trendlines) taking support and resistance at perfect levels till now. 2. Currently it is going under the down swing move inside the ascending channel . 3. In daily time frame , it looks like...
The current market trend appears to be bearish and is expected to continue the specified levels mentioned over chart…
High probability bank nifty could break 38730 ( 27th March 2023) and will dump to 35700 within 20th April 2023 Disclaimer: It's a personal view not a financial advise and I assume no responsibility and liability whatever outcome arises
Attached: Daily Chart as of 14th October 2022 - Triangle in (B) Wave has completed - Triple Bearish RSI Divergence - Flat to Down Tilt in 20 DSMA Stop Loss above 1080 Target 🎯open to Lower Bollinger Band/ 1050📉
I hope all of you guys have made the profit through my long published idea of btc while it was accumulating around 20500$ it jumped around 6000$ from there almost now talking about the current predicament of the market the mother bitcoin is consolidating if it stays around 23900 zone below this distribution will start it is advisable for you to not to take any...
Nifty Sell on Rise all lines are Targets I am expecting - 15000-12500-12000 in 1 - 1.5 years - Please note This is my Assumption I have right to be Wrong. Hope for best🤝
M&M has given strong breakdown below the crucial support zone. We can take a swing trade here. Entry: We can go long on open of next candle. Stoploss: We can keep stoploss above the support zone. Target: We can keep target near the next support zone as marked on chart. Please Like & Follow Me.
Chart does insist me the above titled opinion Reasons In Monthly timeframe, Asian paints looks like, is in formation of a DOUBLE TOP!!! ( Making HIGH(Jan 2022)and LOWER HIGH(Sep 2022) respectively) (shown as image attached in the chart) 1. Asian paints has been travelling in Ascending channel pattern(red and green) taking support at respective levels...
Maybe we are at the beginning of a downtrend. Until the pattern unfolds, the best way to trade is to do only intraday without carrying positions overnight. As per this wave counting, wave 3 should fall at least up to 16700 (equal to the length of wave 1). If wave 3 extends, it can go to 16350 (1.23 of wave 1) or 15800 (1.618 of wave 1). I'll be trading...
Time Frame - 4H Candlestick Chart 1. Falling Window Pattern 2. ema (20,50,100,200) - Negative - All four lines are squeezed the wave. 3. RSI < 40 (Negative) 4. Bollinger Band - Squeezed in a pipe like shape - Breakdown of the lower band - Negative 5. Macd - Bearish Crossover - Histogram shows the selling...
⚠️As we can see head & shoulder patter formation on weekly chart as we r in down trend it is possible BTC reach unexpected lows so be careful trade according to Ur TA 🙏 i am sharing it as per my knowledge i hope it may help someone and if someone interested to share there ta with me they can because I believe in sharing knowledge Yours Lovingly SAK Warning ⚠️...
Disparity is high and selling from top has started. on monthly chart engulfing candle formation is in progress. this could be a retracement for the BO done earlier
Nifty If we look at the overall chart structure, prima facie it looks like Nifty has started a downtrend from Dec 2022. Currently, Nifty is trading below 21 day EMA, 63 day EMA and now also below 252 day EMA If Nifty weekly closing is below 17430, then it may signify that Bears are in control of the market as of now. Above 17430 Nifty too Nifty may face...
I think TSLA will make its way down if we break below $195 support. If it doesn't make a higher low in this trading range (above $195 as support), this will go down to $150 again imo We also are rejecting a 50% fibonacci on the daily (from recent high rejection, dragged to subsequent low (downward fib) All my opinion.
Chart pattern depicts the situation clearly REASONS 1. DRREDDY has been trading in an Ascending channel respecting the levels perfectly . 2. In Monthly timeframe, DRREDDY has given a Breakdown out of the 5 Year old trendline Support (White coloured) 3. Now, it is going through a Downswing(Descending Channel) inside the Ascending channel 4. Right...
EICHERMOTO Closing 3131.05 with stoploss 3190 then targets are 2810. SELLING REASON. 1 --> Price Closing Below 200 EMA. 2 --> RSI is Break level 40 and Closing Below 40. 3 --> ADX is show the Bearish move and -DMI is Rise. 4 --> Volume is also show the Bearish move and Breakdown move Confirm. 5 --> Bollinger Bands Open in Negative Side.
Due To Weak Quaterly Results It Was Underperforming And Trading Low On The Curve From 750 To 350 Since Last 9 Months. But Dec 2022 Results Were Superb Compatative To All Previous Quarters Of Last Year Hence It Rallied Almost 75% In A Week. As Showed In The Chart There Was A Bearish Gap Level Oh 13th August 2023 At 621 - 638 Price, Where We Can Assusme That There...