actually publishing herewith my 2 old ideas one weekly dtd.13.03.2023 and other dtd.17.03.2023
just to show importance of inside candle and impact of monthly line(white)
NTPC on hourly chart is indicating a typical text book Bullish Flag & Pole pattern formation. It was previously under range consolidation and then post breakout gave a good momentum upside.
It then retraced back and took support at exactly 50% retracement level of recent upmove. On hourly chart as per closing basis it is showing a visible breakout in Bullish Flag...
The india one of the Auto stock eicher motors is the monthly chart breck-down, This is show the long term trend is the negative. If you are invested in the long term basic this is the very important
Republishing monthly ideas dtd. 05.02.2023 about nifty fin services and nifty PSU Bank using monthly time frame
pl. go through original ideas
your comments are requested about the relation of price with pattern even after such a volatile month , price matches with pattern
republishing my monthly ideas about nifty auto, nifty pharma, nifty metals and nifty reality, posted between 05'Feb and 06'Feb
your are requested to validate all these with my original ideas date already mentioned
need your valuable comments about price relation with pattern even after a month full of news and events
Hello Traders!
"Do you see the beauty of it? The Inevitability? You rise, only to fall!"
As Ultron has pointed out, at times, markets rise, only to fall, what we traders call a 'retracement'. The bullish retracement of BTC is almost at its fag end.
1. We'll begin from the All-Time-High of about $69000. From there, we see the first 5-wave impulse down and...
Chart does insist me the above titled opinion
Reasons
In Monthly timeframe, Asian paints looks like, is in formation of a DOUBLE TOP!!! ( Making HIGH(Jan 2022)and LOWER HIGH(Sep 2022) respectively)
(shown as image attached in the chart)
1. Asian paints has been travelling in Ascending channel pattern(red and green) taking support at respective levels...
Structural Analysis :
We know that there will be minor patterns within the major pattern, In the above chart we can see there is this minor pattern which is a bearish gartley in formation.
Though this pattern is not yet confirmed, we can anticipater the probabilities, only if the price crosses the level 17500, the target will be 18030 and this...
BN after a 2000point rally may go into some sideways consolidation and this being a short weekly expiry as well, possibility of premium eater coming back into the market is high.
41400 straddle is trading at around 400Rs premium and depending upon opening on Wednesday and how much decay it would already have - for now it is giving a good R:R in terms of making an...
Hello I don't know that have you spotted it or not but..... i spotted it today when i was analyzing Nifty 500 i found Cholamandalam Housing i found a very small head and shoulders but when i looked it more deeply i found this. But as you all know we can't sell it like intraday as we can only buy in delivery so but to take knowledge you can watch some similar...
Re-publishing herewith my bank nifty 15 min idea, and nifty 4 hr idea,
price perfectly followed the pattern and the price lines
again , kya pattern boring hai,
Nifty - the fall / correction is losing strength. Positive divergence with inverted bullish hammer formed on demand zone, which is a reversal pattern. Shorts need to keep tight SL in system for sure....Budget day low is absolutely critical and any panic sell off can be below it...
Happy Trading.
