Looks like the wicks are not considered here... Market already moving down.
What do you think ?? Nifty bears entering the market soon ???
LICHSGFIN in symmetrical triangle, watchout for breakdown or breakout. Take lines as targets.
NSE:RELIANCE I believe there is a very high chance that Reliance will break this trendline this time. Reliance has been following this trend line Since JAN 2021 and till then it has been tested 2 times April 2021 Sep 2022 and this is the third time Jan 2023 Demand on trendline has been reduced significantly. So the Break of the trendline can happen and bears...
#USDINR #CURRENCY #BEARISH #SHORT INR looks strong for swing trade or for short term
Chart looks Prudent for yet another down move !!! This is in continuation of the idea posted about jublfood few days back...Refer to it... I have attached below the link to it.(under related ideas) Target and SL levels (dashed lines) mentioned in chart. Be cautious if it breaks above the resistance line(thin red trend line) of the descending channel down...
THEORY: This pattern forms after an extensive upside rally. It consists of a left shoulder, a head, and a right shoulder. The left shoulder is formed after a big bull rally in which the volumes are quite large. At the end of the left shoulder, a minor correction takes place on the downside which happens on the low volumes comparatively the starting of the left...
Chart pattern insist me the above titled opinion REASONS 1. NIFTY has been trading inside a Descending channel pattern creating lower highs and lower lows 2. Right now, it is at the resistance level(top of descending channel) 3. Day close above 18260 will pave way for the bulls 4. Safe SL can be Day candle closing out of the Descending channel 5. Target...
Its good time for intraday just get entry and take profit today As after adani new complete market is falling with huge so until get proper response from adani group it will be fall to overall market. Coal india is overall downtrend and after w pattern complete again its in falling so it good chance to take entry and make profit. Find FEB / March month...
SELL CRUDEOIL sell 6565 sl 6581 tgt 6510 /6450 the level is breached and given sell
SELL BHARTI AIRTEL 773 SL 780 TGT 765 / 760 again sell because the above close in not given and even market is bearish
It's my personal view. This is for educational purpose Only. This is not buying or selling recommendations. I am not sebi registered. Please consult your financial advisor before taking any trade. Thankyou.
After making high in May 2022, reliance has been making lower high and following parallel channel since then. already its below median and future not looking good.
#Banknifty analysis... Banknifty are consolidate on 1HR chart 42370 to 42290 zone. If the market break downside then we can go for PE(PUT) First target =42256,42159,42067,41986. If the market break upside then we can go for CE(CALL) First target = 42427,42497,42544,42609....
According to the Chart pattern it seems to breakout from the channel and therefore it can possible goes down to either Rs 61.5, within 1 week or soo on and if goes down than the nearest downfall seems to be 51.55 to 52, currently today it trading between Rs 63.30-63.5pa current day high Rs 64. invest or Trade by your own research or analyze I am just educating the...
HDFC bank - a perfect short candidate. Not able to sustain above 1610-1620 levels.