It has Broken Below a Symmetrical Triangle and Also a Strong Support Zone of 200.
As i have Drawn the the Elliott Waves 5 Waves were Completed and now the Stock is in A,B,C Correction Wave Last Phase(C) which might Drag it more further downwards to the levels of 280. A Descending Triangle formation is Also seen. Price Action Suggests Continuation of Down trend. Let Wait and Watch.
As per 1-day chart analysis, CRYPTOCAP:BTC performing well as per my previous perditions, already posted and mentioned below with its last Lower-Low soon around GETTEX:52K - GETTEX:48K , while it is already completed its second-final mark of $53.5k that lies between $55k- GETTEX:52K as per given charts. so, need to take a little while more patience upto july...
#Bitcoin at Daily Chart Analysis CRYPTOCAP:BTC market is still in volatility mode, and has made its lower-high, but it is currently finished their last uptrend cycle with some major ups & downs and finished at $71.8k approx..! After that, its last down cycle is start to running, which will at least retest the previous level of $56k-$58k here or it can also...
The market (NIFTY50) is currently trading at 22416. However, it's important not to blindly follow the buy or call side under the yellow box, as it signifies a sideways zone. For the past two days, I've observed a sideways market with premiums not showing significant increases. Here are the levels and analysis for the NIFTY Expiry on April 4th (TRAP...
NESTLEIND - Watch out for a good breakdown/ shorting opportunity in 1D timeframe. A few points to note: 1. There is a weekly reversal sign (bearish - Evening star pattern) 2. The stock is below 50DMA 3. Ascending wedge pattern - Usually is a bearish sign. 4. Overall on a higher timeframe, the stock is rallying - hence it is wise to be cautious and have a hedge.
Alert! Bearish Pattern Spotted! 🐻 📊 Pattern: Broadening Pattern 📌 Symbol/Asset: IDEA 🔍 Description: Stock is making Broadening pattern and we can see resistance around 20-22 levels. In history stock has corrected 50% from the rise so will this time we will see correction of 50% or more ?? 23 is crucial resistance level and if stock not able to breakout...
#BITCOIN 1-day Chart Analysis As per present CRYPTOCAP:BTC movements under FWB:27K -$28k range, it's unable to break out $28.5k due to very lower volume into market and manipulators trying to do some Pump-Dumps in Market but its very much chances to breakout into another divergence towards $24k soon in #BearishZone. Anyway, lets see, where it will be move...
Indus Ind Bank is facing multi year resistance and price has already formed a double top inside the descending triangle. With the market looking very weak , this trade looks good to be taken with a risk reward of 1:5. Cheers. priceNpedia
Tata power looking Bearish in Big time frame in 1week candel there form Head & Shoulder Sell bellow 200.
This is best example of bearish pennat trade. if you want to learn chart pattern please comment.
Chart wise double top break down potential exit on weekly charts and any 3447 previous swing low broken Could see more downfall. The momentum on short term and medium term has entered bear zones .Trend Indicators also bearish on all timeframes. Bollinger band spill out happened on weekly charts as well indicator bearishness ahead. Entry could be on daily on breach...
AXiIS bank showing failed inverted head and shoulder pattern.this neckline resistance was attempted to be broken in 2019 and two times in 2021 but failed daily momentum is in bear zones and weekly and monthly momentum also has gone sideways. trend indicators are bearish on all timeframes A trade opportunity exit with initial target till next swing low and stop...
#heromotorcorp weekly seems to have a head and shoulder pattern watch out for neckline of same and whether if major support band currently it is reaching whether if it gets broken and if so could be shorting opportunity if a breakdown red candle confirmed closes below it. remember there is also a support available below near 2250 and only if it break do we have...
#shreecement selling with high volume since a week. Momentum and trend in short term is bearish. another red below the support zone where it is currently good give a short opportunity that could more than 10%.
Apollo Hospitals has break out his support level. Sellers can take trade. Target and SL have been mentioned in the chart itself.