Bearish Patterns
Shooting Star formed on LT, 1DNSE:LT Larsen & Toubro Ltd, commonly known as L&T, is an Indian multinational conglomerate company, with business interests in engineering, construction, manufacturing, technology, information technology and financial services, headquartered in Mumbai & Technical services, headquartered in Chennai.
LT forms Shooting Star after an uptrend and gave closing below it.
Entry : 2906.75
Target : 2760
SL : 3015
RR : 1.36
Bitcoin under Mini #BullTrap#Bitcoin 4hr. Chart Analysis
After CRYPTOCAP:BTC #DeathCross completed in today morning, Whaler's will trying to manipulate the market, and they were successful after today's #BullTrap. But as per 4 hr. chart pattern of Bitcoin's, it properly moving into Ascending Broadening Wedge Pattern with perfect Symmetry again.
Next downtrend cycle starts from 15-17 Sept. towards $22k to break out its strong support of $23.8k soon.
Always #DYOR and Trade with #StopLoss, it's #NFA
and,
Must LIKE, SHARE, COMMENT on it...
BNB Coin at Super Bearish Mode#Binance [ CRYPTOCAP:BNB ] Coin Daily Chart Analysis
CRYPTOCAP:BNB Coin continuously falling towards #Downtrend in this Bear Market. This movements running as per Bearish Wedge Pattern in daily chart cycles from last 20 plus months and at present reaching into very dangerous situation...
Basically, CRYPTOCAP:BNB coin best strong support was $185 to $200, and as per market situation towards #BearishZone, there will be major chances to break-out this support in September.
If this Support breaks, then next Lower-Low support was around $125 and it is almost 45-50% down from present situation.
So, Traders use #StopLoss, please #DYOR before investing in this high volatile situation on market.
Also, LIKE, SHARE, Comment on it...
BITCOIN soon moves under Bearish Zone#Bitcoin 4-hr.Chart Analysis
CRYPTOCAP:BTC moving under Ascending Broadening Wedge Pattern, As per 4-hour chart, its cycle started from 18 August, as well same wedge pattern moving under hourly cycles too..
The last cycle of this Bearish Pattern will be finish around 12-15 September, after #DeathCross, and the CRYPTOCAP:BTC market moves into much more deeper in #BearishZone towards $22k and major chances it also break-out towards FWB:21K -$19k too...
Although. Last Lower-Low Cut-off point will be in between $16.5k-$15.5k
Always, #DYOR before investing in Crypto-Currency and Trade wisely by using #StopLoss
It's just #NFA
and,
Must Like, Share & Follow me as well Comments on it...
ACC formed Bearish Marubozu on 1DNSE:ACC ACC Limited (Formerly The Associated Cement Companies Limited) an Indian cement producer, headquartered in Mumbai. It is a subsidiary of Ambuja Cements and a part of the Adani Group. On 1 September 2006, the name of The Associated Cement Companies Limited was changed to ACC Limited. The company was established in Mumbai, Maharashtra on 1 August 1936.
ACC formed Bearish Marubozu and gave closing below it.
Entry : 2024.5
Target : 1913
SL : 2106
RR : 1.36
BITCOIN - Ready to move in Bearish Zone#BITCOIN 4hr. Chart Analysis
At Present from last 20 days, CRYPTOCAP:BTC moving into Ascending Broadening Wedge Pattern.
Ascending broadening wedge is one such formation, where its signal manifestation of the ascending wedge pattern in an uptrend, the asset price trend reverses downtrend. Hence, it is a bearish reversal pattern. An ascending broadening formation forms an inverted triangle shape in the price chart.
So that, remember the CRYPTOCAP:BTC historical chart pattern of September always into Bearish trends. Now it's moving towards $22k to break-out one of its strong support of $23.8k soon, may be some chances to take a mini reversal, but it will be not sustainable for long and break-out soon towards 2nd last #Bearish reversal cut-off point at $21.5k-$19.5k soon.
Here, Market Sentiments towards Bearish Zone as well Whaler's are also ready for that too.
So, trade wisely with #StopLoss at this situation of Volatility into market, and always #DYOR, It's #NFA
and, Must SHARE, LIKE, COMMENT on it..
Nifty: Trading between 21 day EMA and 50 day EMAFor most part of the August month, Nifty has been trading between 21 day EMA and 50 day EMA
- the monthly average for Nifty Futures is around 19490
Nifty likely to open gap up. However one needs to watch out for 19389-19424 zone
If after gap up, Nifty sees rejection in this zone and falls below 19385, then pullback rally may be considered to be over and we might see continuation of downfall.
Cautious if Nifty trades above 19430. View gets invalidated if Nifty closing above 19490
Take care & safe trading...!!!
Disclaimer
-The view expressed here is my personal view
- Past performance is not a guarantee for future predictions
- I have been wrong in the past and can be wrong again in future too
- Use this for educational purpose
- Any decision you take, you need to take responsibility for the same
- It's your hard earned money. Treat it wisely
- Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance
- if trading in F&O, understand that F&O trading involves risk
- Do take proper risk management measures
- Do your own analysis and consult your financial adviser if need be
Is the Monthly Nifty expiry gonna be a volatile climax???Nifty
We are looking at daily charts of Nifty
- Since July 20, Nifty is trading in a falling channel
- Currently Index is seen struggling to re-claim 21 day EMA zone
- Nifty Closed below 50 day EMA after 31 March 2023
There could be a pullback attempt from here but if Nifty closing by Wednesday is below 50 day EMA, then we might see some further downside.
Important levels on the upside: 19322 / 19384 / 19440
Important levels on the downside: 19196 / 19080 / 18966
Take care & safe trading...!!!
Disclaimer
-The view expressed here is my personal view
- Past performance is not a guarantee for future predictions
- I have been wrong in the past and can be wrong again in future too
- Use this for educational purpose
- Any decision you take, you need to take responsibility for the same
- It's your hard earned money. Treat it wisely
- Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance
- if trading in F&O, understand that F&O trading involves risk
- Do take proper risk management measures
- Do your own analysis and consult your financial adviser if need be
Nifty 50 ( For minimum 100-200 Points Target )Nifty 50. (Only for Experienced traders" )
Enter after " Breakout and Retracement ".
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For " long "
entry: 19420
target: 19505 - 19545
stoploss: 19380
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For " Short"
entry: 19375
target: 19300, 19250
stoploss: 19420
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Enter only if market Breaks
"Yellow box" mentioned.
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Wait for proper reversal and conformation.
.
Don't make complicated trade set-up.📈📉
Keep it " Simple, Focus on Consistency "💹.
Refer our old ideas for accuracy rate🧑💻.
Valuable comments are welcomed-✌️
.
.
[i ]Disclaimer:
Our Trading style is not to capture "10-20" points per trade.📊
We take entry only for minimum "100-250" points without any distractions.💹
So, our ideas may not be preferable for small traders, who just focusing on too much of support and resistance.📈📉📈
So, please consider others ideas.
This is for educational purposes.🧑💻
Bank Nifty | August ExpiryHello friends,
As i post before bank nifty idea, and it worked well and the best.
it was moved option price from 330-360 to 1000. but yes defiantly many would have made profit of 700 points profit. ( i was not from them as i scare to dare ).
My idea works well might be for others but it never work for me. yes sometime it works but after exit from trade.. hehehe well ill make profit one day and repeat it again n again..
for now today one more idea if better luck to you.
I have put last hour range in this chart.
1. it will be bearish for sure tomorrow so there are two different thing here can do.
2. a. if price open or break below of range take bearish entry take profit and exit. up to 44300 support.
b. once it take support take entry same or next day for bullish view it will give you again 44950 for sure.
3. if next it reverse or make bearish candle then it will have pattern of double top.
So do analysis own this thought and make trade on your own risk
Like | share | comment
Thank you.
NIftyFinsrv; (Weekly); Bearish :Finnifty (weekly )
More probability is there for "Bearish "
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For " Short "
entry: 20450 / 20700
target: 20055 / 19760
stoploss: 20550 / 20780
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For " long "
entry: 20800
target: 20950
stoploss: 20700
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Enter only if market Breaks
"Yellow box" mentioned.
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wait for proper reversal and conformation.
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don't be aggressive.
.
refer old ideas attached below.
Head & Shoulder - Trend ReversalHii All...
Greetings....
Today I'm sharing with you Daily Charts of Nifty Pvt. Bank, we can see a very clear Head & Shoulder Pattern which has already Formed.
Head & Shoulder Pattern is Trend Reversal pattern.
I'm currently having bearish view in Nifty Pvt. banks.
However on closing basis if upper resistance is breached. The we can consider Failure of Head & Shoulder Pattern.
Thanking You
Nikhil Choudhary
Important Things
1. This is only for educational purposes only.
2. Never over trade.
3. Always keep Stop Loss.
4. Trade in limited quantity.
5. Taking a small loss is better than wiping up your whole capital.
I hope you found this idea helpful.
Please like and comment.
Share with Your Friends.
Keep Learning,
Happy & Safe Trading
Disclaimer – These ideas shared by me to all are my personal analysis / views. Im not a SEBI registered technical analysis.
Can we see more fall in NIFTY ?Hey Hardworking traders! Here's a quick update on the Nifty 50 index's recent journey and its future outlook-
Nifty highlights:
>>So, It has been a roller coaster ride for NIFTY, It has witnessed multiple obstacles, Be it after Covid affects be it Russia-Ukrain war, High inflation and interest rate hike.
>>These macro incidents combined together resulted Index to stay sideways. But the game changed in June, when it broke out and nearly touched 20,000.
Current Market updates/My views
>>Right now It seems to be in a correction mode and hanging around 19300 level. "Looking at the chart, we can draw a line connecting the highest points, showing the resistance at 18800. Also, using the pivot point indicator, we identify a support level at 18800.
>> Do not get worried here, Think like this way, Every time an Index or a stock gives breakout then it suppose to retrace all the way to its Breakout level, which makes its breakout more prominent.
>>Though the numbers are dropping, does not mean the celebration is over. Track closely how it behaves near the new support area and plane your Trades accordingly. If it retraces to Breakout level I am going to aggregate more.
Keep in mind, Technical helps but it is just one part of the equation. So, stay updated with the world news, Big Financial decisions and market sentiments to understand the complete picture.
Do consider pressing the boost button🚀🚀, It helps me bring more interesting analysis. And if you've any question and suggestion please feel free to post in comment section.
Note: This is for informational purposes only. Do your own research before investing.
NIFTY BRARISH VIEW ON HOURLY TIME FRAMENIFTY 50 ON HOURLY TIME FRAME CREATING INVERTED H&S PATTERN.
Considering global views nifty could correct and could reach till target 1 & target 2.
target 3 is Base made by index...
Views are purely technical with considering Views of Chinese and American Economic Data
NIFTY IS BEARISHNifty Spot is currently at 19526, trading within a range of 18646 to 19991. 18646 serves as a strong support level, while 19991 acts as a robust resistance. If Nifty fails to sustain 19518, it may experience a decline of 100-200 points. Traders should closely monitor these levels for potential trading opportunities.
T1 is 19320
Thank you
@Money_Dictators
Bank Nifty expiry analysisCAN Bank nifty still give a move? Keep eye on 2nd August closing still a momentum on bearish side is looking strong. Check price action at 44959 area if break a good move can be expected.
Note : Analysis our only for study purpose. Enter trade or investment at your own risk.
Banknifty Intraday. (Next week)Banknifty for ( 30/07/2023 )
Enter once "Breakout and Retracement"
.
.
For " long "
entry: 45530
target: 45760
stoploss: 45450
.
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For " Short"
entry: 45400
target: 45250 - 45020
stoploss: 45510
.
.
Enter only if market Breaks
"Yellow box" mentioned.
.
Wait for proper reversal and conformation.
.
Don't make complicated trade set-up.📈📉
Keep it " simple, focus on consistency "💹
Refer our old ideas for accuracy rate🧑💻
Valuable comments are welcomed-✌️
.
refer old ideas attached below






















