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Bulls Power

December opening looking at November ExpiryHello Friends, What a run up in the end. people were anticipating a down move at the last hour and it went like a 🚀. what a great run. As discussed in the morning, if we sustain above 18325 for next 30 minutes we should not think about bear move. once it crossed it never came back to that levels. As per the chart, it was a day of breakouts many resistance in Nifty have been breached and last resistance of 18604.45 is standing. so for the first time we have a monthly closing above 18000+. It was a great showcase of bull power. So shall we turn bullish all around??? My view is till we are trading above 18325 on daily closing basis we should remain bullish. Once we close above 18650 for 2 consecutive days then it means we have knock the doors for 19500. can we witness this in the month of December??? I will not rule out this possibilities. what if we goes down, 18325 then 18060 is the last support. At the middle of the month If I am wrong, on Dec 14, 2022 we will have Fed meeting. FED chairman comments would matter the lot for the rest of the month. DXY is correcting mildly and it has shown a rejection at 108. USDINR pair is also cooling off. But yes, if you get a chance to buy at 80.50 again then dont miss it. XAUUSD (Gold) is near to break out. if it happens then we might witness a shivering in equity market. Inflation is cooling off if we look at the metals and Crude. So all the sings are indicating a bull run. And I personally believe that if there are no sing of bear market then it is the only sing of bear market... PLEASE SAVE YOUR HARD EARN MONEY. THAT IS THE FIRST AND ONLY THING MATTERS THE MOST. ALWAYS RESPECT STOPLOSS I RECOMMNAD TO TRADE WITH HEDGE, MAKE MORE MONEY AND MAKE LESS LOSSES CONSIDER MY VIEWS FOR READING AND ANLYSING THE MARKET, REST I LEAVE IT UP TO YOU I AM NOT RESPOSIBLE FOR ANY TRADING LOSS, IF YOU TRADE ON MY VIEWS Regards,
NSE:NIFTYLong
by mentalFalcon42780
Nifty BREAKOUT!Nifty Index known as NSE or Nifty50 has or is experiencing a big breakout out if its much-expected consolidation phase. This is a big breakout is big because the market has become resilient to the Federal Reserve's decision to begin taper from November. If the Nifty50 index continues to hold above 17,620 it can well top 18K! Long positions should be made, do not wait. Market Mood Index shows it is in fear trajectory which is a positive note because the market is not overbought as it was 2 weeks ago. Nifty has all the top market movers so it will be a exciting game to watch as even ITC roars! New resistance at 18K because looking at it , the bulls are gonna break all records
NSE:NIFTYLong
by traderwithadream
Bitcoin Bull Run: Flag and Pole Pattern with EMA BreakoutBitcoin recently gave a breakout at 55 EMA on daily time frame, hinting an upcoming bullish run. This has been a rare signal since BTC rarely crosses EMA on daily chart. (Last it crossed EMA upward in 2020 and ran to 64k) After touching the 42k mark, a correction was observed back to 38k and might proceed to 36.5k. The flag and pole pattern suggests an upcoming bullish move, the EMA support at 36.5k also confirms this. The future seems to be bright with a potential bull run up to the 50k mark.
Long
by Ash002
SUN Pharma Continuation of BULLISH TrendStock has broken out of a rising wedge in an upward direction which indicates bullishness in the stock. There is evidence of insiders coming onto stock to push the price higher and this gives strength to the bull case. There is no immediate resistance for the stock and stock will likely continue the uptrend for near future. This looks a good candidate for positional trade. Entry should be taken care of. I would wait for a pullback to initiate a position. Entry at 520 Stop Loss 508 (2.3%) T1 541 (4%) T2 560 (7.7%) NOTE:- Do your own analysis before initiating a trade.
NSE:SUNPHARMALong
by shaleenbansal
SPX reacted today.In my previous SPX analysis, I was hoping to see it comes all the way back to 2641, but the 21 ema is doing a good job as a support here. If S&P goes up and close above the blue line region, then it will probably stop only at 3136, a sign of real strength here. I was working with a scenario where the decisive point would be the orange line, but the 21 ema already did the job (so far), so we must work with we've got. It’s more and more unlikely that the trend will reverse, and odds are SPX at 3136 again.
TVC:SPX
by Nathan_The_Finance_Hydra
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