Get started

Bearish Patterns

TORRENT PHARMACASE 1: On the weekly charts of torrent pharma, it is seen that CMP is at a very crucial level (the purple zone). This zone is a good resistance zone. Also, if you look closely, CMP is also trading at an important Fibonacci Level. This too shows that price may come down from this point or may obey the purple zone and may fall after touching the upper range of the purple zone! CASE 2: Looking at the other possibilities, the stock may break from the Fibonacci level and also from the upper range of the purple zone (maybe in next couple of days). This will be a sign of extreme bullishness and one may look for buying opportunities here. There MAY be a retracement till the point of 2890-2908. Now, if case 1 happens, a downfall till the level of 2800 is expected, and if case 2 happens an upside till the level of 3278-3280 (obeying the white path shown). I would recommend taking decision on the basis of 'Case' we see next week. FOLLOW IF YOU LIKE THE ANALYSIS LIKE AND COMMENT WHAT YOU THINK ABOUT THIS!! THANKS
NSE:TORNTPHARM
by Keshav2329
Banknifty RangeBound market RangeBound market with High Volatility Bullish harmonic Buy level 34400 & Bearish harmonics Sell level 35800 Be caution expecting a huge sell-off on 21/22 June Trend reversal day But this week we can expect a range-bound market, the market can be volatile but closing will be 35800-34300 Disclaimer: Please consult your financial advisor, Investment/Trading in the securities market is subject to market risk, We are not responsible for your profit or loss
NSE:BANKNIFTY
by anandhavel2941
BTC - Bearish and Bullish Zones Technical Analysis: In the previous chart, we had more or less fixed something with their curriculum notes. These are the support-resistance levels that need to be followed now, in my opinion. In order for BTCUSD's bearish bearish diagram to break upwards, the downtrend must be broken up and backtested first. Afterwards, movements and fib zones on the bullish diagram can be followed for a bullish move. You can zoom the chart. Market Analysis: With the normalization of the pandemic along with the guidance (pump) to the commodity, the withdrawal of hot money from cold wallets (crypto, etc.) and its entry into the market, the US inflation and expectation, various speculations, etc. reasons brought along the expectation of profit in the crypto market. We are in one of the most important fixes with enterprise-backed sales pressure and FUD. In the event of a Fed rate hike, I think the downward flow will continue with various taxation and prohibitions (prohibition of Chinese mining). We have been on a sideways course for a while, with the idea that there should be corrections for stronger bullish movements and weighted averages should be followed as well. I shared this to use INT chat. thx for your supports. BINANCE:BTCUSDT
by stocker34