There are multiple harmonic patterns in Gold, bullish ones SL and Target mentioned in the chart For ones who trade in gold may be a good opportunity For Traders who trade in the Indian index Nifty / Bank Nifty, they may take a cue from this as Gold and the Indian index are usually inversely proportional.i.e., if gold increases nifty decreases and vice...
When the global markets are muted / weak .. doesn't look like BNF going to fire on upside... chances are very high that it may correct for 700-900 pts P.S In a bull market, PE gets swallowed up very very fast, so try to buy it cheap rather than taking a buy above x approach or when you are unsure keep your position size small Happy Trading MSK
This is just my view🙏 may be wrong do your analysis🙏 if I am correct I will tell u WHY !!!! Thank u.
if blue trend line break then we can expect further downside on positional basis on BNF till 30500-28000 level
Since 5 Trading Sessions , price was moving in Ascending Channel. During last Session the trend line has been broken. There’s High Probability to achieve Target 1 and bounce back . If the selling pressure remains persistent , Target 2 could be achieved too. BEFORE INITIATING THE TRADE , CHECK THE TREND BY WHICHEVER SIGNAL YOU RELY ON. TRADE WISELY AND SMARTLY
Hello Trader's hear is the chart of Axis Bank key points positives -found "W" pattern -almost ready to breakout -9&18 EMA Crosse over -BB is positive key Negative points -volume's are decreasing -all momentum indicators shows Divergence -RSI ,Macd, Momentum indicator etc conclusion: - volume is decreasing if volume come with breakout then we will enter...
for bnf going up with low volume let's see next week how market gone to react according to me it will come down like now go up with less volumes and volumes can also change in coming days so keep this in mind don't do blindly long or short trade with confirmation
BNF BUY ABOVE 29960 TRGT 30078 , 30202 SELL BELOW 29760 TRGT 29660 , 29455
bnf buy above 29795 trgt 29882 , 30078 sell below 29435b trgt 29379 , 29230
buy above 30720 trgt 30810 sell below 30615 trgt 30499, 30355
BUY AROUND 30680 TRGT 30750 , 30810 , 30900 SELL BELOW 30300 TRGT 30200
Nifty monthly chart multi time resistance broken this trendline which began since 2008 Aug and broken on 2020 Nov Fib levels suggesting nifty next trgt 15480 plz love my work if u find useful @niftystockm
long uptrend pause and formation of head and shoulder in bank nifty....global markets showing negative performance watch out your longs in Bank Nifty.... Trade as per your own Technical Analysis
BANKNIFTY may open gap down approx at 22400 and than will return back upto 23100. As per my views following previous symmetric pattern of 12th June 2020