EURJPY 2H Chart analysis base on SUPPLY AND DEMAND setup with bearish ENGULFING Candle. The triple confirmation, then open SELL ENTRY stop loss 590 pips and take profit 194 pips. TP-1 143.250 TP-2 142.060
A positive closing from yesterday is once again indicating some positivity in the Market. In addition to which, witnessing the formation of a bullish harami pattern on the daily chart is an add-on to the positive sentiments. However, since today is the last trading day of this week, therefore we will remain cautious and let the Market decide its direction for...
bullish engulfing pattern buy for target 0f 2812 18% NSE:TEAMLEASE
Weekly chart is ready for all time high: Entry Point: 1815-1820 Stop loss : 1615 Target : 2263 Risk-Reward: 1:2.25 Disclaimer: All information is for educational purpose only. Kindly like or dislike the idea as per view.
As we can see BANKNIFTY still maintaining itself in the range, it is more gonna be volatile to sideways between leading to huge premium we can see massive volatility between the range with multiple news flowing around including election results hence only if either level breaks we can see a trendline else we can see complete sideways market
Just as we have been consistently stating about being cautious, these days. Similarly, we can observe that from the past 3 consecutive days, we have been witnessing back to back lower lows on closing basis, in Nifty. Which altogether is raising a concern and also the need to be cautious, at present. Besides, with the stated support levels of 18400 in the near...
Nifty on the hourly time frame has been following a nice lower high lower low pattern and has given a bearish engulfing pattern on the daily time frame. The market on the hourly time frame has been trading below the 20 ema and gave a nice selling candle in the closing hour of the session. On 15 minute time frame, there is a bearish moving average cross...
Banknifty for last 3-4 days has consolidated in a narrow range. Today also the market formed a doji and can give a nice trending market tomorrow. The market, on hourly time frame, there was a nice selling as there was a going Monetary policy. Market came below the 20 ema and took resistance from the level. On 15 minute time frame, the market came below 200 ema...
Just as we had stated yesterday about being cautious as of now. Likewise, we did observe in the yesterday's trading session, that somehow the Index is now a little exhausted at its upper levels. So, along with being cautious, now is the ideal time to work upon rebalancing your portfolios and being stock specific with our stated support levels of 18400 and...
After an uptrend a bearish marubozu candle with bearish momentum is seen. Most likely it will be a bearish movement. In case of continuation of trend, giving both side trades as well: Trade: Buy above 80, SL: 77.50, T: 284/286 Sell below 77.50, SL: 80, T: 82/82
TARC | Breakout with volume - Potential for 25% short term CMP : 48 SL : 44 Target : 60 1:3 risk reward setup
Market trend is still not predictable as banknifty has formed a gravestone doji after a dragon fly doji on day to day closing. Banknifty created confusion in the initial hour and consolidated whole day in a narrow range. On hourly time frame, the market traded whole day below the 20 ema. The market has constantly faced rejection from 43200 levels and closed 194...
Nifty is showing some retracement and has closed near to 50% fib level on daily time frame. The market has closed losing only 58 points and above 18600 level. On the hourly time frame, the market consolidated whole day and has given a break out of day's high in the last hour of the session. The market, on 15 minute time frame, has traded around both the moving...
XAUUSD oversold RSI and support in Fibonacci level 0.382 with buying pressure. Entry 1775.060 Stop Loss 1803.039 Take Profit 1803.039
Ascending Triangle Pattern formed in 1-hour chart, Wait for the breakout of the pattern. The purchase will be on top of the breakout candle. Stop loss will be slightly below the bottom of the breakout candle. Target will be the next Resistance - 107
Just as we had stated yesterday, about being cautious at the present moment. Similarly, we did observe that somehow throughout the entire day, the index had been trading in a specific zone and had ultimately ended with a flat closing. Moreover, since the market seems to be consolidating as of now, it will be suggested to remain cautious, be stock specific and...