ICICI Bank (Bearish View) Currently the stock is trading at 18% discount from all time high levels.
ICICI Bank (TF=W):
1. Double Top pattern is being formed on Weekly time frame. Stock has given closing below "M" pattern (Double Top) neckline.
2. Also, the stock has given closing below 50 Week Exponential Moving Average.
3. Selling Volumes are continuously increasing.
ICICI Bank (TF=D)
1. "M" Pattern breakdown.
2. Trading below 200 Days Exponential Moving Average
View Point:
1. Stock seems to be bearish seeing global cues and formation of Double Top pattern
2. Can be accumulated at lower levels for Long Term Investment
Addl Points:
1. FII/FPI have decreased holdings from 47.29% to 45.28% in Dec 2021 qtr
2. Mutual Funds have increased holdings from 27.21% to 28.20% in Dec 2021 qtr.
Note:
1. The above analysis is for educational purpose.
Bearish Patterns
Monday's Setup [Bank Nifty] BankNifty was Bearish today with a Gapdown opening.Now it is trading at 34376.35 just below the important Fibonnaci Level i.e 0.382,there is a resistance from the above trendline and also it didn't break the psychological level of 35000.There is a support zone from 34200-34000,On Monday there could a GapDown opening the above level may support the price, one can entry at Bullish candle.
NIFTY Levels for coming daysNifty levels for coming days can be bearish due to on going situation of ukraine-Russia war.
also expect huge FIIs selling figures on 28th February cause on 1st of march market will be closed so most likely they will sell holding to safeguard their investment against any uncertainties
BNB SHORTTIME TRADEhere bnb can have a bearish or bullish move according to the 4 hr timeframe as i see blue line is daily DAY
and green line is HOUR trendline bnb broke day trend line as i have posted already i have a short trade on bnb
and i also look for short time trade so i took this trade if bnb has a bearish candle in hr tend line it has a bear move
and break the trend line with bull candle has a bullish move
stay tuned to get more trade ideas
Nifty Analysis | Trade PlanAs per current market sentiments and global news we can see bearish momentum in Nifty 50 in upcoming days. Technically also the Index is forming descending triangle pattern taking support at 16900 -800 zone and once this support breaks than we can see Nifty to 17600 levels. Now talking about the levels plotted on chart we can plan out trade based on these area, the beaeish breakout level is crucial to watch out for but If it gets broken then we can see T1 & T2 as per our study, however the only level for bullish reversal is also marked on 17000 area which is also a psychological support. Bottom line is there's more downside than upside in the market for upcoming days.
ICICIGI POTENTIAL SELLINGNSE:ICICIGI
as ICICIGI is in down tread from some time it could continue if its break 1275 level and start trading below it .
Disclaimer: Any information shared would be only for educational purpose...
I am not a sebi registered analyst. This channel is for only educational purpose. Any profit/loss, i am not responsible. Before taking any trade please consult your financial advisors. Thanks
Nifty-50 │ 15-02-2022Nifty-50 Is on Bearish Trend
Date:- 15-02-2022
Movement :- Bearish
Nifty-50 Movement :- ( 120 ~ Points ) Negative Closing
TIME CONSTANT LEVELS ATTENDANCE ( T.C.A ) :- 16726 ±
Nifty50 │ Post-Marketing │ Market Give Closing at :- Updates Will come on Live Market
STOP-LOSS :- Uses Your Own Stop-Loss
Quantum Physics Researcher :- Jeevan Singh
T.C.A Created Using With HPC ( High performance Computing )
Guys This is R&D ( Research And Development ) Purpose Only.
I am Not Responsible If your Stop-Loss Hit And! I am Also Not Responsible If Regulator Call Me Manipulator.
Thank You For Making Trust And Don't Forget To Support Me!
Nifty-50 │ 14-02-2022Nifty-50 Is on Bullish Trend
Date:- 14-02-2022
Movement :- Bearish To Bullish
Nifty-50 Movement :- ( 216 ~ Points ) Sideways Positive Closing
TIME CONSTANT LEVELS ATTENDANCE ( T.C.A ) :- 17269 ±
Pre-Market :- 17159
Nifty50 │ Post-Marketing │ Market Give Closing at :- Sideways ±
Nifty-50 │ Final Closing 3:32 ( PM ) Updated on Live Market
STOP-LOSS :- Uses Your Own Stop-Loss
Quantum Physics Researcher :- Jeevan Singh
T.C.A Created Using With HPC ( High performance Computing )
Guys This is R&D ( Research And Development ) Purpose Only.
I am Not Responsible If your Stop-Loss Hit And! I am Also Not Responsible If Regulator Call Me Manipulator.
Thank You For Making Trust And Don't Forget To Support Me!
Nifty likely to form the Head and Shoulder on daily chart
Nifty seems to be bearish as the inflation and US-Russia tension could go crazy.
Head and shoulder formation on daily chart is likely to form which suggest major correction ahead.
As long as 17640 Level do not breach on upside nifty likely to remain in the bearish mode.
See the levels drawn on the chart.
Nifty-50 │ 10-02-2022Nifty-50 Is on Bullish Trend
Date:- 10-02-2022
Bearish :- Short-Selling
Nifty-50 Movement :- ( 125 ~ ) Point ( Negative Closing )
TIME CONSTANT LEVELS ATTENDANCE ( T.C.A ) :- 17338 ±
POST-MARKET :- ( Updates will be updated on LIVE Market )
If I Am Right Then │ Nifty-50 │ Final Closing 3:32 ( PM ) Updated on Live Market
STOP-LOSS :- Uses Your Own Stop-Loss
Quantum Physics Researcher :- Jeevan Singh
T.C.A Created Using With HPC ( High performance Computing )
Guys This is R&D ( Research And Development ) Purpose Only.
I am Not Responsible If your Stop-Loss Hit And! I am Also Not Responsible If Regulator Call Me Manipulator.
Thank You For Making Trust And Don't Forget To Support Me!