stock price is already broken the structure of higher highs and higher lows, and currently the price is moving in the bearish structure( lower lows and lower highs, parallely the volumes are hevay when the price moves downward and volumes are low when price is moving higher, safe trade can be taken when the price hits the retest area and there should be formation...
1. BTC is in downhill as indicated in the earlier study of HS 2. We are at first AVWAP support level drawn from Jun 2019 at 20669 3. The H&S study shows, bitcoin can go as low as 14800 which also coincides with another AVWAP support from highs of Dec 2017. 4. This is great value zone and lot of contrarian will get active in this zone stabilizing the btc price. 5....
SONACOMS - Bearish In a short term look bullish... But the trend is falling wedge, only bullish when it breaks the falling wedge pattern... Educational purpose...
In this Axis Bank 1D time frame, A beautiful Double Top pattern occurs. Currently it's retesting. After Retesting there will be chances to fall. I marked the next resistance level below, can go for shorting.
BINANCE:BTCUSDT AS PER MY VIEW There can be a big move in bitcoin. Bitcion has reached towards its crucial levels. IN bitcoin it has made a head and shoulder pattern. If bitcoin breaks the level toward downward then a big fall can come in bitcoin, and if bitcoin stops and sustain here and take support here then be ready for a big bullish move or a new high.
Hello 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 ...
Cardano is pumping on some fundamental news but it won't last . RSI is showing hidden bearish divergence and hidden divergence is continuation of trend which is downtrend i think price would go to 0.75-0.77 area and reject from there . I will be looking to take a short trade at that area. cheers!!!
Important 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...
Industower - Strong Bearish control In a downtrend formation, only when it crosses 215 we can think of the bull control... Educational Purpose...
schneider electr - Breaks primary trend 2nd time Looks bearish sentiment, If it gets support at 104, then it will create an inverted head and shoulder... Educational Purpose...
After 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...
This looks very painful. Hope I am wrong in looking at this trend
S&P 500 is looking extremely dicey, we have formed a lower low on weekly and the drive up is most likely to trap retail traders and form a lower high. Watch how this plays out in the coming weeks.
Havells forming head and shoulder pattern on weekly timeframe tomorrow if failed to hold 1145 then expect bears to take control for correction
M_M all time high & good time for short.Because market are bearish & sideways.
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...
This is a nifty Over View for 03-06-2022. It is not a recommendation. Trade at your only risk Management.
Just a overall view of bank nifty. Just for educational purpose and trying to crate awareness of Technical Analysis. Focus on process not on results.