On last thee trading sessions, Nifty50 shown fall of about 650 points. Last three candles of 15 minutes have shown strength. Market may move within range of 17100-300.
This is my personal opinion based on candle stick patterns.
Thank you very much.
GBPINR is showing rangebound. Range is 96 to 101. Anyone can make long or short position whenever GBPINR breaks the range of 101 or 96 as the case may be.
Be watchful. Index is severally fall. Hourly time frame is showing mild recovery. Don't make any long position unless and until Index closed above 1794 aka 1800 level on daily closing basis.
For newbies , don't enter in the market. As, Market may not fall immediately from this level ( psychological level of 1700) and market may not sustain at higher level too....
On observing chart pattern, from 19500 level, step up pattern is found. It is bullish pattern. We should maintain our bullish view till BTC breaks 20200 level.
If, BTC crosses level of 20600, we will see a good bullish momentum.
It is basically chart pattern analysis without using any indicators.
It is only for the education purpose.
On observing hourly candle and fifteen minute candles, EURO seems more stronger until it breaks level of 87.1138. Immediate target is around 87.4127.
This only for education purpose only.
Shree Cement Inverted Head & Shoulder and Wedge Pattern
How to find the next target and how to analysis near resistance Zone
How to Draw a Trend Line for useful position
How to set target (Resistance) or Support by using Technical indicator
How to use indicator In trading season like Pivot VWAP simple Price Action Theory
#stock #cement #indianstockmarket
Banknifty Chart Pattern Analysis and Prediction
Rising wedge pattern created in bank nifty
Very interesting to find the chart pattern during trading season
Earn the very much suitable position only one trade can help you to more welthy.
Greed and fear always in our mind
do whatever you want but dont lost your money power
#banknifty #livechartanalysis
Hope you...
Channel and Wedge Pattern
Its a very interesting chart analysing for everyone
This is very important for trading
Both are bulish sign but its very much important to understand for a intraday trader that what will going to making in the chart
please comment if I am wrong.
Theme :- Follow the index, take trade in NRML stocks.
"This is not a call, this is just my view on the stock. Please trade sensibly"
Visit my profile to get more ideas on how I plan to take trades in normal cash stock.
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24-Nov-20
Monthly: After Pandemic it is improving & it is in the process of recovering the loss. Immediate Target looks to be at ~ 300
Weekly: Forming a Cup and Handle pattern, it is for reversal of the downtrend
Daily: BreaKout Retest and now the continuation of Cup and Handle pattern
