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Bearish Patterns

BAJAJ CONSUMER CAN GIVE MOMENTUMHello Traders, I am Talking about Bajaj Consumer Limited, a strong support and resistance zone is visible in it in the daily time frame. The market had stopped at resistance with a strong sell-off, then came back to the resistance, that zone is not able to break, then the market is visible on the side zone. Now the market has made a strong hold on the level of 133.15. If the market does not break that support, then the market can go to the resistance level. And if the market breaks the support line, then it can go to the level of 115, then it can go up to 120-125-. And if the market moves up by touching the support then it can touch the 50 EMA moving average. Target -(if the market breaks support) 129-125-120 (if the market doesn't break support) 145-150 Thank you! Money_Dictators Disclaimer: This is NOT investment advice. Invest your capital at your own risk.
NSE:BAJAJCON
by Money_Dictators
1
Trendline Breakdown in BhartiartlImportant SR levels Update based on volume profile analysis for NSE:BHARTIARTL Hello Trader. If you like the idea, do not forget to support with a like and follow. Above is purely my opinion. It doesn't mean that you need to trade accordingly. Please note that I'm not Sebi registered advisor or technical analyst . Trade on your own conviction and please consult your advisor before investing . #supportandresistance #volumeprofileanalysis #stockmarketindia
NSE:BHARTIARTLShort
by Ami8singh
Nifty: Gap Analysis and Follow upAfter having a bad trading month in April, in May we traded less but got the view and trade right of Nifty moving up from 15800 odd levels to 16600-16800 odd levels. In my last post, it was suggested that Nifty might not move high any further. Accordingly we had covered our Long position and created a short position. Today Nifty has filled up the gap zone which had got created on 30th May 2022. Short positions created earlier may Consider to book profits and wait for the next cue. So far so good...Nifty movement has been exactly as per what Technical Analysis guided us. Now it is interestingly poised here.... If Nifty holds on to this level, Nifty might try to recovery again. However if we see no follow up buying, then it might be a case of Nifty filling previous gap that was created on 6th May 2022 (highlighted in red colour) and we might see continuation of down trend. Hence, here I would wait and watch before I take the next trade... Take care & safe trading...!!! To trade with me... Like and Follow me Disclaimer - The view expressed here is my personal view - Past performance is not a guarantee for future predictions - Use this for educational purpose - Any decision you take, you need to take responsibility for the same - It's your hard earned money. Treat it wisely - Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance - if trading in F&O, understand that F&O trading involves risk - Do take proper risk management measures - Do your own analysis and consult your financial adviser if need be
NSE:NIFTY
by indiamarketoutlook
Nifty: Chart set up, Technical Analysis view and strategy When Nifty was sub 16000 levels this is what was posted Hit the play button and see the magic of Technical Analysis. Now Nifty is near 200 day EMA current levels have also acted as Support in the past can the same zone act as resistance now? Will Nifty fly higher or would it stop? Only time will tell... We are not that bullish from here on . We have covered up our Nifty long position and have a initiated a trading strategy in morning to trade the new situation. Our strategy gives us protection of 550 points to be wrong and yet not be in loss till expiry. F&O trade is risky so trade with proper risk management in place. Take care & safe trading...!!! Life & Follow Disclaimer - The view expressed here is my personal view - Past performance is not a guarantee for future predictions - Use this for educational purpose - Any decision you take, you need to take responsibility for the same - It's your hard earned money. Treat it wisely - Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance - if trading in F&O, understand that F&O trading involves risk - Do take proper risk management measures - Do your own analysis and consult your financial adviser if need be
NSE:NIFTY
by indiamarketoutlook
BTC wait for longs and shortsAs, we see BTC/USDT has been consolidating from last 14 days, so 1) If BTC/USDT breaks green trendline than it would be good to short on retest, and it is also forming a flag pattern (which is a continuation pattern) so we might see big correction with minimum 10% of move downside 2) But if bulls manage to break out of this kind of side-wise trend than it will show big move upside So, huge moves are coming, if we break this sidewise trend (probably downside) price might consolidate(or retest or take pullback) before breaking out (Don't open any position on wick) (Don't take trades based on this idea, even I don't trade according to my idea) (Do your own analysis) (NOT A financial advice) (High chances of loss if you follow my idea)
Short
by Aayush_Ganjawala