Banknifty had a perfect W like pattern formed in the 5mts TF. Even though the rally from 13.50 to close was inspiring, it was not as fierce as on Nifty50. The fall of 441pts ~ 0.98% steals the limelight today.
Now was the 380+ pts reversal from the intraday low to close due to the RBI MPC outcome expectation tomorrow?
Some facts to consider.
The vegetable,...
Yesterday we went with a 60% Neutral and 40% bearish stance for today. What happened from open till 13.15 - was in perfect harmony & as per the script. But the intraday rally of 177pts ~ 0.91% was totally shocking!
I was unprepared, unplanned and must say ran into losses today because of my bias. I should say with 100% honesty - my research failed me today. I had...
Currently, the C98/USDT pair is displaying some intriguing dynamics that warrant attention.
Resistance Area - 0.1962 to 0.2000:
The price of C98/USDT has been contending with a notable resistance zone, ranging from 0.1962 to 0.2000. This area has historically proven to be a pivotal juncture, where the bulls and bears engage in a battle for control.
Traders and...
Gold Breakdown from important support level and currently trading under that, so more decline is possible under this zone, to go high bulls need to re-claim this area.
More Info on the chart.
Nifty made an interesting opening 2 hour price action today. With a good gap up opening and then a strong rejection at 19640 levels to hit an intraday low of 19533 by 11.35. The selling pressure was strong, but the financial sector did not lend support. NiftyIT was falling - but that got arrested and hence the reversal post 11.35.
Currently we have a situation...
On Friday 4th Aug Nifty made a gap up opening and created an island day. We had changed the stance from bearish to neutral. And today nifty managed to build-up momentum on top of what happened on Friday, to me - that’s bullish.
After opening gap, nifty managed to stay above the 19530 level quite strongly. At 09.30 nifty made the low of 19524 and then went back to...
RELINFRA
I'll give this trade to some members of my group, target was achieved less than July 8 ill give this trade.
exactly 1-month target achieved anyone's interest on this stock you can buy now also as stop loss 190to 196 and wait for retracement and target open. min 30+ points keep.
I'm not telling you to buy this trade as in me it's bullish that's sit.
thank you.
In Friday trading session we have seen a good bullish move but currently price is facing resistance near 1940-42 , so bears are in control under this resistance zone.
More info on chart.
Gold showed the bullish trend in WEEKLY and 4H timeframe & bearish trend in Daily timeframe.
This makes my bias neutral for trade.
Sell Entries at :
1943.20 (Risky Entry)
1953.35 - 1954.75
1959.45 - 1960.75
1969.99
Buy Entries at :
1943.20 (Enter if 4h candle closes above 1942.655)
1932.49 - 1934.25
19018.00 - 1920.00
Due to the neutral bias will look for...
With the index on the verge of breaking out..
Expect some big moves among the infra company counters..
Watch for them over the next few weeks coz these orders will mean good business after many have already got some good orders over the past month and were sitting on good sized order books..
Dear Friends See the USDCAD Weekly Analysis, and also you can choose Martingale Strategy for select the Buy & sell orders & also Follow my Trading View Channel forget the Instant Notification of Every New Analysis.
Dear Friends See the EURCAD Weekly Analysis, and also you can choose Martingale Strategy for select the Buy & sell orders & also Follow my Trading View Channel forget the Instant Notification of Every New Analysis.
