Nifty Analysis - Stance Bearish ⬇️ Recap from yesterday: “Our stance is still neutral with equal possibilities in either direction. Since Nifty50 is following the ascending channel’s top trend line — the chances of going up look more probable. To go down — we need news flow/event as there is no technical weakness.” 4mts chart link The gap up open today and a...
ETH formed bearish divergence and lost support. so correction will take place with 3 different prices levels.
BTC need correction becoz of huge heated markets and if ETF approved or not approved market will see correction.
Bearish Distribution Schematic #1 Wyckoff Events and Phases phase C is in progress. once Phase D start, bears may get active
Nifty Analysis - Stance Bearish ⬇️ Recap from yesterday: “The first target for a trend change will be the breach of the ascending channel top line approx 21530 levels. From a technical analysis perspective, we had the 3 black crows at 14.30 yesterday and the first 2 candles today.“ 4mts chart link We got our first target of 21530 hit today and as soon as the...
Alert! Bearish Pattern Spotted! 🐻 📊 Pattern: Rising Channel 📌 Symbol/Asset: INDIGO 🔍 Description: Stock is rising and now making rising channel. Which is bearish pattern. We can see downside from hereon. 👉 Disclosure: We are not SEBI registered analysts, this is not a buy or sell recommendation.
$MOVR Impressive Rally: From $4 to $11 in a Flash! In the world of #cryptocurrency the price movements of tokens can sometimes be as thrilling as a rollercoaster ride. In this post, we'll discuss the recent journey of #MOVR and its potential future trajectory. From Nov 2021 to Oct 2023, MOVR experienced a steep decline of 99.35%, dropping from a peak price of...
hello friends and falcon traders i have done analyses for Sensex over the last one year and and marked the levels for understanding. as technical analysis is based on the past price movements and prediction of the future prices with respect to any asset as per this analysis - I believe that Sensex will drop to 68 K levels which will be a short term...
Tata Power got rejection and formed a resistance zone @ 330 - 340. Until it sustains above 350, the stock will remain weak and we are looking forward to see downward targets. Take sell trade between 340 - 330 with the SL of 365, Targets for downside will be 285 and 260. To motivate us, Please like the idea If you agree with the analysis. Happy Trading!
BankNifty Analysis The trades on BankNifty were more practical and appropriate to the situation we have at hand. 4mts chart link - click here We opened in line and then tested the top of the ascending channel from 10.03 to 12.03. There was rejection at those levels which took BN quickly to the bottom of the channel. We spent 13.43 to 15.11 at the lower end...
Nifty Today Analysis Recap from yesterday: “The price action on the 63mts TF does not look bearish per se. But notice the weight of the RED candles — we retraced right up to the ascending channel top envelope.” 4mts chart link - click here Nifty started the day on a negative note fell to 20976 and then started recovering. The recovery was so strong and...
Nifty Analysis Recap from yesterday: “After surging past the 20875 levels — N50 is not willing to take the rest. We broke out from the ascending channel, now it has formed a trend line well above that — how do I explain this craziness to someone? For tomorrow the bullish stance continues and the first support level will be 21407.” 4mts chart link - click here...
Mostly people and many retail investors are bullish past 2 and 3 month but but you need to worry about that the whats historical data is . Every btc bear market create a bottom and then started a little bit pump price reache bullrun fib 0.68 golden zone unfortunately supply zone and and 2021 bull market fib golden zone is 48000$ .as per the every bull market...
Crude oil prices experienced a decline, reaching the lowest point since November, attributed to a growing surplus in supply. Despite the OPEC+ official announcement, oil prices have maintained relative stability in the aftermath. Participants within OPEC+ are recognizing the missed opportunity and attempting to mitigate the situation through additional comments,...
Bitcoin Analysis Update Current Status: Near Parallel Channel Resistance Bitcoin is currently hovering near the parallel channel resistance, with a range between $40,500 and $41,000. The recent price action resembles a rising wedge, suggesting a potential bearish move if the $41,000 level faces rejection. Anticipated Reversal Scenario: If the price...
CRUDEOIL LOOKING WEAK AS PER ANALYSIS Moving Average Observations: Price below 50-day, 100-day and 200-day Moving average. RSI Observations: The Daily RSI indicator has remained below 50. This is a bearish zone. Current Daily RSI reading is 42.43. ADX Observations: The Daily DMI position remains bearish. Donchian Channel Observations: Price is below middle...
1) USD /CAD moves downside to 1.3700 on weaken US Dollar. 2) The bearish outlook for USD / CAD remain below the 50, 100 AND 200 moving average ( 1 hour TF ). 3) Major support level seen at 1.3655. Technically, the bearish outlook for USD/CAD remains intact as the pair holds below the 50- and 100-day Exponential Moving Averages (EMAs) on the four-hour chart....
VEDANTA ITB stock is currently in a bearish trend. The stock has been declining since reaching its peak in april 2022. The decline has been accompanied by increasing trading volume, which suggests that there is more selling pressure than buying pressure in the stock. The following are the findings from the chart: The price of VEDANTA ITB stock has been declining...