SYMBOL: NSE:BANKNIFTY Banknifty is at a crucial point in the weekly time frame, it has closed below the support zone after hovering over that for almost 1 Year. Selling can be accelerated after a retest is done. Still, if the price closes above 34500 somehow it can be a temporary relief and after some time. Bears can again try to push BNF down because this year...
form very bearish pattern, only bullish above rs 855
Can show further weakness Head and shoulder pattern formation A close below 1200 can make it fall fast Good results could make it bounce from here by taking support on neck line
Reliance currently loooks like in bear grip. I am expecting straight 100 points fall below 2400, if not more. 2300 acted strong support earlier if breaks the support we can see further fall.weak only below 2400, Rest market supreme.
SBIN is totally bearish and will reach 485/477/462 soon
Although the weekly channel restricts EURUSD moves while other major currency pairs portray heavy selling against the USD, the bearish flag formation joins downbeat MACD and RSI signals to keep sellers hopeful. Additionally favoring the pair bears is the sustained trading below a descending trend line from March, as well as the 200-SMA and a six-week-old...
break down with engulf candle 8%.... it may touch level of 170 in upcoming weeks
NSE:RAIN #RAIN trading @ support level and seem weak below 163. Levels marked for practice. Happy LEarning !!
Slow and steady increase the pain. bear party may continue bit more.
This stock is looking like head and shoulder chart patterns breakdown along with good intensity of volume, and it has started its correction as a wave A in 5 subdivisions and then wave B is small and now once price breaks below 4058 then possibly wave C must started, and it should come down in 5 legs only. Below are some supporting scenarios shared. head and...
NDX 100 Weekly chart shows that Market is in bearish phase new lower low in price and RSI is below 40
Bearsih Pattern Studied Target was set @ 489 on 2nd Apr. Target Reached 472 om 2nd May
Mindtree bearish patter formation 3530 is imp for bears to break
Death cross is visible in nifty also nifty is facing resistance at the falling trendline which is very negative. Both RSI and MACD is negative i.e. again bearish. Avoid fresh longs and short below 50D moving average i.e. 17129.
As of my idea SBIN stock is formed an evening star pattern which is opposite of morning star or morning doji star. Evening star pattern is fully a bearish kind of pattern. Doji has been formed after the support candles for the past few days. so i comes with conclude of my idea that this is the good time to invest. Doji: Doji is the one of the candle which is...
With results due on 23 Apr, ICICI Bank will be interesting to watch out for next week, as bearish formation visible on weekly charts i.e GRAVESTONE DOJi
JSW steel is around key resistance zone, i.e. 52 week high. Share has showin resistance near same price 3 times before. First time on 11th May 2021, second on 6th Aug 2021, and third tme on 17th Aug 2021. However, this time it seems different, price consilidated between a narrow 26 point range of 725 to 751 from 29th March to 8th April and finally opened out of...
Infy is showing Wyckoff Distribution Schematic #1: this is bearish pattern