USD/INR, EUR/USD, GBP/USD, USD/JPY, USD/CNY, DXY
RELIANCE COMM LTD, YES BANK, VODAFONE IDEA LTD, SUZLON ENERGY LTD, INFIBEAM AVENUES L, JET AIRWAYS INDIA
Nifty, BSE SENSEX, S&P 500, Nasdaq Composite, FTSE 100, DAX Index
Gold, Silver, Crude Oil, Brent Oil, Natural Gas, Bitcoin
BTC/USD, ETH/USD, BCH/USD, XRP/USD, LTC/USD, ETC/USD
US 10Y, Euro Bund, Germany 10Y, Japan 10Y Yield, UK 10Y, India 10Y
Gold, Brent Oil, Crude Oil, CFDs on Natural Gas, Palladium, Silver
Bearish Butterfly pattern is in making on SBIN daily Chart. Leg XA, AB, BC are completed and CD is under formation. it may go upto 317 to 340 level , before the downward movement.
Declaimer : This analysis is for education purpose only. If you want to trade for CD leg or DE leg, consult your financial adviser.
Notes on the chart
Notes on the chart.
"Wish you all a very happy and prosperous new year"
Just trade safe and stay healthy.
Its been a while since I wrote on the Index. In my last post I marked 10094-10013 as the key area.
Market tested that key area and bounced sharply. Although the Bat pattern could not complete as per expectations, market reacted near 1:1 level (10013) shown in the above post and ...
A bearish pattern in the formation..Also pattern PRZ confluence with the resistance trendline. Bearish reversal pattern in the zone triggers short.
See the chart for detailed view.
Don't forget to hit like and follow.
Trade safe, be healthy.
all the trade aspects explained in the charts
A bearish butterfly near completion on 15 mins chart. Trade levels as follows.
PRZ Completion : 1626.5
TP 1 : 1601.7 ( 38.2%)
TP 2 : 1586 (61.8%)
STOP : 1636
Watch price action for entry. we have bigger pattern on development on hourly chart, will be posting.
Trade with care
Bearish butterfly pattern for Ceat
Potential Bearish Butterfly pattern forming on ACC LTD.
SHORT ENTRY ZONE: 1656-1666
Keep the strict stop loss as per your appetite.
PS: I would never recommend to trade CD.
Hi Guys... its been a while right ? yeah..long weekends n other commitments to fulfill with Nifty ranging in flag, there is nothing interesting for the last two trading days. Not anymore... Probably Nifty will decide its path in a day or two, Doji's indicate 2 things - Indecision & A Decision soon. So its time for Nifty to decide the direction, we have Bearish ...