Market is bullish make sure to don't take trade on bearish side today..
VIX is 21.38 Volatility is not much remember
S&P 500 - Bullish
Nasdaq - Bullish
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If my analysis is helpful,
I would like one booster button at the bottom, please.
This is a one-way long position strategy on the 30-minute chart.
Fortunately, yesterday's stop loss standard,
The Bollinger Band...
BANKNIFTY ANALYSIS WITH LOGIC:
1. If there's gap up and price gets reversal from 40245 level with strong rejection candle. we can short upto 39770 level.
2. If price opens on a flat and crosses 39455 level with strong bearish candle we can short up to 39130 level.
3. If price moves upwards on a flat note and crosses 40245 level we can take buy position upto...
market has shown a small pull back but trend is still bearish. sell on rise is still the way to go.
Long side : buy above 17170 or retest at 17130 stoploss below 17130. target 17200,17270, 17300
short side : buy below 17060 stoploss 17080 targets 17030/17000/16950.
Hammer candlesticks typically occur after a price decline. They have a small real body and a long lower shadow.
The hammer candlestick occurs when sellers enter the market during a price decline. By the time of market close, buyers absorb selling pressure and push the market price near the opening price.
The close can be above or below the opening price, although...
Hammer candlesticks typically occur after a price decline. They have a small real body and a long lower shadow.
The hammer candlestick occurs when sellers enter the market during a price decline. By the time of market close, buyers absorb selling pressure and push the market price near the opening price.
The close can be above or below the opening price, although...
Analysis of Gold has been given in the chart,
What we need to understand over here is small/minute details
which plays a very important role.
There is this plain thinking or myth or possibility that I've heard
is that When Gold price shoots up equity market goes down.
I am observing this for quite a long now,
so sometimes it works and sometimes it doesn't but...
Index till the time holds below 39699 which was closing high for 17th March 2023 in gap up move tomorrow @ 21st March 2023 & falls 300-400 points down & remains above mini double bottom of 38926 & 38941 then we can have another push upside towards 39699 / 39914 / above 39914 towards 40690's approx.
Thanks for watching the video.
